Filing Flows › Helmerich & Payne (HP) › Q3 FY26
Helmerich & Payne (HP) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Aug 6, 2026
Helmerich & Payne (HP) reported revenue of $1.0B for the third quarter fiscal 2026 (Q3 FY26), -0.6% from a year earlier and +11% from the quarter before. Operating margin was 18.2%, net earnings $75.7M (7.3% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +11% | -0.6% |
| Operating profit | $188M | — | — |
| Net earnings | $75.7M | — | — |
| Operating cash flow | $154M | +320% | +26% |
| Free cash flow | $83.9M | — | +241% |
What changed
Revenue was $1.0B in Q3 FY26, down 1% year over year and up 11% from the previous quarter.
Operating profit was $0.19B, a 18.2% margin (up 30.5 points year over year). Total costs fell 28% while revenue fell 1%. Net earnings were $0.08B. The effective tax rate was 48.1%.
Operating cash flow was $0.15B (up 26% year over year), 197% of net income including minority interests. Non-cash charges added back $0.18B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.11B. Capital expenditures of $0.07B left free cash flow of $0.08B.
Questions
What was Helmerich & Payne's revenue in the third quarter fiscal 2026?
Helmerich & Payne (HP) reported revenue of $1.0B for the third quarter fiscal 2026 (Q3 FY26), -0.6% from a year earlier and +11% from the quarter before.
Was Helmerich & Payne profitable in the third quarter fiscal 2026?
Operating profit was $188M (18.2% of revenue) and net earnings $75.7M.
Source: Helmerich & Payne 10-Q on SEC EDGAR.