Filing Flows › Helmerich & Payne (HP) › Q2 FY26 › vs Q1 FY26
Helmerich & Payne (HP) Q2 FY26 vs Q1 FY26 (quarter over quarter)
Helmerich & Payne's revenue fell $84.7M (-8%) from $1.0B in Q1 FY26 to $932M in Q2 FY26.
Helmerich & Payne, Q2 FY26: revenue $932M (-8% year over year), operating margin -4.0%, net loss $55.9M, operating cash flow $36.6M. The chart draws each line against Q1 FY26, the increases inside each band.
Every line
| Line | Q2 FY26 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $932M | $1.0B | −$84.7M | -8% |
| Net loss | $55.9M | $94.9M | −$39.1M | -41% |
| Costs & expenses | $988M | $1.1B | −$124M | -11% |
| Operating costs | $969M | $1.1B | −$108M | -10% |
| Interest & other, net | $9.6M | $23.8M | −$14.2M | -60% |
| Income tax | $9.3M | $11.2M | −$1.9M | -17% |
| Cost of revenue | $661M | $683M | −$21.6M | -3% |
| Research & development | $7.0M | $6.6M | $370K | +6% |
| SG&A | $71.1M | $70.4M | $636K | +0.9% |
| Other operating costs | $230M | $317M | −$87.1M | -27% |
| Operating cash sources | $191M | $191M | −$85K | 0% |
| Depreciation & amortization | $181M | $182M | −$1.2M | -0.7% |
| Share-based compensation | $10.4M | $9.3M | $1.1M | +12% |
| Net loss absorbed | $55.9M | $94.9M | −$39.1M | -41% |
| Working capital & other | $98.7M | −$86.2M | $185M | — |
| Operating cash flow | $36.6M | $182M | −$146M | -80% |
| Capital expenditures | $62.9M | $67.6M | −$4.7M | -7% |
| Negative free cash flow (OCF − capex) | $26.3M | −$115M | $141M | — |
Questions
How much did Helmerich & Payne's revenue grow quarter over quarter in Q2 FY26?
Helmerich & Payne's revenue fell $84.7M (-8%) from $1.0B in Q1 FY26 to $932M in Q2 FY26.