NYSE$HP

Helmerich & Payne Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Helmerich & Payne Inc reported a net loss for the third quarter of fiscal 2025 driven by acquisition-related impairments and integration costs.

Helmerich & Payne reported consolidated operating revenues of $1.04 billion for the three months ended June 30, 2025, reflecting the inclusion of KCA Deutag operations following the January 2025 acquisition. The company recorded a net loss attributable to H&P of $162.8 million and an operating loss of $128.3 million, primarily due to $173.3 million in goodwill impairment charges. North America Solutions remained the largest contributor with $592 million in segment revenue, while International and Offshore Solutions saw significant growth from the acquired operations.

  • Completed acquisition of KCA Deutag on January 16, 2025, adding substantial international land and offshore management contract operations.
  • Recorded $173.3 million non-cash goodwill impairment charge in International Solutions and Kenera reporting units.
  • North America Solutions generated $592 million in revenue with 147 average active rigs and 13,400 revenue days.
  • Total contract backlog reached $7.3 billion, including $4.0 billion from KCA Deutag.

Headline financials

Total Revenue

$1.04B

Previous: $698M+49.2%
EPS (adj)

-$1.64

Previous: $0.88-286.4%
NA Avg Active Rigs

147

No prior period
International Revenue Days

6.6K

No prior period
International Avg Active Rigs

72

No prior period
Offshore Revenue Days

273

No prior period
Offshore Avg Active Rigs

3

No prior period
NA Revenue Days

13.4K

No prior period
Capital Expenditures

-$362M

Previous: -$389M+6.9%
Net Income

-$163M

Previous: $88.7M-283.5%
Operating Income

-$128M

Previous: $111M-215.2%
Cash & Equivalents

$166M

Previous: $204M-18.4%
Total Assets

$6.86B

Previous: $4.48B+53.0%

Revenue & EPS history

Helmerich & Payne · Revenue · Quarterly

$1.04B

Q3 2025+49.2%vs Q3 2024
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Helmerich & Payne · $1.04B total across 4 segments · Q3 2025

  • North America Solutions
    $592M
  • International Solutions
    $265M
  • Offshore Solutions
    $162M
  • Other
    $22.1M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-1.2%

Avg return

Earnings day

-1.7%

Avg return

5 days after

-3.4%

Avg return

30 days after

43%

31 / 72 earnings

Positive

+12.8%

Q1 2024

Best reaction

-20.8%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025
Q2 2026-7.2%-1.7%-6.0%
Q1 2026-5.2%-6.0%-6.4%
Q4 2025-3.7%-3.2%+0.3%
Q2 2025-3.5%+0.6%-11.8%
Q1 2025-16.5%-17.9%-23.0%
Q4 2024-6.0%-6.8%-6.9%
Q3 2024+8.8%+3.8%-11.4%
Q2 2024-4.4%-3.5%-12.2%
Q1 2024+12.8%+5.0%+6.9%
Q4 2023-3.0%-0.7%-6.2%
Q3 2023+5.1%+5.4%-5.0%
Q2 2023-4.0%-5.0%-5.8%
Q1 2023-1.5%-7.8%-12.8%
Q4 2022-1.6%-3.2%-11.5%
Q3 2022+5.2%+7.4%+7.4%
Q2 2022+12.1%+6.6%+22.5%
Q1 2022+6.8%+14.2%+33.7%
Q4 2021-19.7%-23.8%-28.1%
Q3 2021-0.9%-4.7%-5.4%
Q2 2021-5.2%-0.5%+4.5%
Q1 2021+4.8%+3.5%+21.5%
Q4 2020+2.0%+22.5%+26.1%
Q3 2020-9.9%-12.9%-18.9%
Q2 2020-20.8%-19.9%-5.1%
Q1 2020+2.8%+5.2%-13.9%
Q4 2019+3.4%-2.1%+7.3%
Q3 2019-2.5%-5.1%-26.3%
Q2 2019-2.5%-7.3%-19.9%
Q1 2019+8.4%+7.9%+3.4%
Q4 2018+7.4%+4.3%+0.3%
Q3 2018+1.0%+6.4%+11.2%
Q2 2018-2.4%-4.5%-7.7%
Q1 2018+3.8%+1.9%-6.3%
Q4 2017+3.6%+3.9%+7.5%
Q3 2017-5.9%-10.7%-18.7%
Q2 2017-7.0%-10.0%-17.7%
Q1 2017-10.4%-12.3%-16.7%
Q4 2016+3.5%+5.4%+19.4%
Q3 2016-1.6%-2.0%-0.9%
Q2 2016-6.7%
Q1 2016+10.3%
Q4 2015-2.2%
Q3 2015-3.4%
Q2 2015+1.2%
Q1 2015-0.2%
Q4 2014-7.7%
Q3 2014-7.9%
Q2 2014-6.0%
Q1 2014+3.4%
Q4 2013+3.0%
Q3 2013-4.7%
Q2 2013-4.5%
Q1 2013+2.2%
Q4 2012+8.4%
Q3 2012+5.0%
Q2 2012-6.6%
Q1 2012+1.9%
Q4 2011-5.5%
Q3 2011-2.9%
Q2 2011+1.7%
Q1 2011+0.3%
Q4 2010+1.2%
Q3 2010-1.9%
Q2 2010-6.0%
Q1 2009-6.8%
Q1 2010+3.1%
Q4 2007-1.2%
Q2 2009-1.2%
Q4 2009-1.2%
Q3 2009+0.5%
Q4 2008+0.5%
Q3 2008+0.5%

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