Filing Flows › Helmerich & Payne (HP) › Q4 FY25
Helmerich & Payne (HP) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Nov 21, 2025
Helmerich & Payne (HP) reported revenue of $1.0B for the fourth quarter fiscal 2025 (Q4 FY25), +46% from a year earlier and -3% from the quarter before. Operating margin was -0.1%, net loss $55.8M (5.5% of revenue).
Helmerich & Payne, Q4 FY25: revenue $1.0B (+46% year over year), operating margin -0.1%, net loss $55.8M, operating cash flow $207M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | -3% | +46% |
| Operating profit | −$1.5M | — | -101% |
| Net earnings | −$55.8M | — | -174% |
| Operating cash flow | $207M | +70% | +23% |
| Free cash flow | $143M | +481% | +127% |
What changed
Revenue was $1.0B in Q4 FY25, up 46% year over year and down 3% from the previous quarter.
Operating costs exceeded revenue by $1.5M, an operating margin of -0.1%. Total costs grew 73% against revenue growth of 46%. The fastest-growing cost line was Other operating costs (+126%). The quarter ended with a net loss of $0.06B, narrower than the previous quarter's $0.16B loss. Net interest and other expense of $0.06B was the main reason.
Operating cash flow was $0.21B (up 23% year over year). Non-cash charges added back $0.19B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.07B. Capital expenditures of $0.06B left free cash flow of $0.14B.
Questions
What was Helmerich & Payne's revenue in the fourth quarter fiscal 2025?
Helmerich & Payne (HP) reported revenue of $1.0B for the fourth quarter fiscal 2025 (Q4 FY25), +46% from a year earlier and -3% from the quarter before.
Was Helmerich & Payne profitable in the fourth quarter fiscal 2025?
Operating loss was $1.5M (-0.1% of revenue) and net loss $55.8M.
Source: Helmerich & Payne 10-K on SEC EDGAR.