Filing Flows › Helmerich & Payne (HP) › Q3 FY26 › vs Q3 FY25
Helmerich & Payne (HP) Q3 FY26 vs Q3 FY25 (year over year)
Helmerich & Payne's revenue fell $6.1M (-0.6%) from $1.0B in Q3 FY25 to $1.0B in Q3 FY26. Operating margin 18.2% against -12.3% (+30.5 pts).
Helmerich & Payne, Q3 FY26: revenue $1.0B (-0.6% year over year), operating margin 18.2%, net earnings $75.7M, operating cash flow $154M. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Operating margin | 18.2% | -12.3% | +30.5 pts |
| Net margin | 7.3% | -15.6% | +22.9 pts |
| Free cash flow margin | 8.1% | 2.4% | +5.7 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | −$6.1M | -0.6% |
| Operating profit | $188M | −$128M | $316M | — |
| Costs & expenses | $847M | $1.2B | −$323M | -28% |
| Pre-tax earnings | $151M | −$133M | $283M | — |
| Other expense, net | $37.7M | $4.6M | $33.1M | +713% |
| Cost of revenue | $685M | $704M | −$19.3M | -3% |
| Research & development | $5.9M | $7.8M | −$1.9M | -24% |
| SG&A | $65.8M | $65.5M | $343K | +0.5% |
| Other operating costs | $90.0M | $392M | −$302M | -77% |
| Net earnings | $75.7M | −$163M | $238M | — |
| Minority interests | $2.5M | $859K | $1.6M | +188% |
| Income tax | $72.4M | $29.0M | $43.4M | +150% |
| Operating cash sources | $265M | $24.6M | $240M | +976% |
| Depreciation & amortization | $181M | $179M | $1.5M | +0.8% |
| Share-based compensation | $8.3M | $7.9M | $451K | +6% |
| Working capital & other | $111M | −$97.0M | $208M | — |
| Operating cash flow | $154M | $122M | $32.1M | +26% |
| Free cash flow (OCF − capex) | $83.9M | $24.6M | $59.3M | +241% |
| Capital expenditures | $69.8M | $97.0M | −$27.2M | -28% |
Questions
How much did Helmerich & Payne's revenue grow year over year in Q3 FY26?
Helmerich & Payne's revenue fell $6.1M (-0.6%) from $1.0B in Q3 FY25 to $1.0B in Q3 FY26. Operating margin 18.2% against -12.3% (+30.5 pts).