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Filing Flows › Helmerich & Payne (HP) › Q2 FY26 › vs Q2 FY25

Helmerich & Payne (HP) Q2 FY26 vs Q2 FY25 (year over year)

Helmerich & Payne's revenue fell $83.7M (-8%) from $1.0B in Q2 FY25 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 Q2 FY25, the increases inside each band.

Helmerich & Payne: what changed, Q2 FY26 vs Q2 FY25Helmerich & Payne: what changed, Q2 FY26 vs Q2 FY25Capital expenditures−$95.9MNegative free cash flow (OCF …−$76.4MNet loss$58.8MNet loss absorbed$58.8MOther operating costs$48.0MCost of revenue−$40.5MIncome tax−$32.2MCosts & expenses−$30.1MOperating cash sources$25.4MDepreciation & amortization$23.1M

Every line

LineQ2 FY26Q2 FY25Change%
Revenue$932M$1.0B−$83.7M-8%
Net loss$55.9M−$3.0M$58.8M—
Costs & expenses$988M$1.0B−$30.1M-3%
Operating costs$969M$974M−$4.6M-0.5%
Interest & other, net$9.6M−$2.3M$11.9M—
Income tax$9.3M$41.5M−$32.2M-78%
Cost of revenue$661M$702M−$40.5M-6%
Research & development$7.0M$9.4M−$2.4M-26%
SG&A$71.1M$80.8M−$9.7M-12%
Other operating costs$230M$182M$48.0M+26%
Operating cash sources$191M$166M$25.4M+15%
Depreciation & amortization$181M$158M$23.1M+15%
Share-based compensation$10.4M$8.1M$2.3M+28%
Net loss absorbed$55.9M−$3.0M$58.8M—
Working capital & other$98.7M$113M−$14.0M-12%
Operating cash flow$36.6M$56.0M−$19.5M-35%
Capital expenditures$62.9M$159M−$95.9M-60%
Negative free cash flow (OCF − capex)$26.3M$103M−$76.4M-74%

Questions

How much did Helmerich & Payne's revenue grow year over year in Q2 FY26?

Helmerich & Payne's revenue fell $83.7M (-8%) from $1.0B in Q2 FY25 to $932M in Q2 FY26.

Q2 FY26 results → · Compare in the interactive Sankey →