Filing Flows › Hornbeck Offshore Services (HOS) › Q3 2026
Hornbeck Offshore Services (HOS) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Hornbeck Offshore Services (HOS) reported revenue of $293M for the third quarter 2026 (Q3 2026), -22% from a year earlier and -4% from the quarter before. Operating margin was -20.4%, net loss $85.7M (29.2% of revenue).
Hornbeck Offshore Services, Q3 2026: revenue $293M (-22% year over year), operating margin -20.4%, net loss $85.7M, operating cash flow −$130M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $293M | -4% | -22% |
| Operating profit | −$59.7M | -324% | -225% |
| Net earnings | −$85.7M | -477% | -488% |
| Operating cash flow | −$130M | -342% | -637% |
What changed
Revenue was $293.3M in Q3 2026, down 22% year over year and down 4% from the previous quarter. Vessel revenue was the largest line at 92% of revenue.
Operating costs exceeded revenue by $59.7M, an operating margin of -20.4%. The quarter ended with a net loss of $85.7M, after a profit of $22.7M the previous quarter.
Operating cash flow was −$130.5M. Non-cash charges added back $20.2M of depreciation and $43.4M of share-based compensation. Working capital and other items used $108.4M.
Questions
What was Hornbeck Offshore Services' revenue in the third quarter 2026?
Hornbeck Offshore Services (HOS) reported revenue of $293M for the third quarter 2026 (Q3 2026), -22% from a year earlier and -4% from the quarter before.
Was Hornbeck Offshore Services profitable in the third quarter 2026?
Operating loss was $59.7M (-20.4% of revenue) and net loss $85.7M.