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HLX

Helix Energy Solutions Group·NYSE
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HLX fundamentals

Helix Energy Solutions Group (HLX) released its earnings on Feb 24, 2026: revenue was 334.16M (YoY -5.91%), beat estimates; EPS was 0.06 (YoY -53.85%), beat estimates.
Revenue / YoY
334.16M
-5.91%
EPS / YoY
0.06
-53.85%
Report date
Feb 24, 2026
HLX Earnings Call Summary for Q4,2025
  • Strong 2025 Finish: Q4 revenue of $334 million, EBITDA of $74 million, and free cash flow of $107 million. Full-year EBITDA of $272 million.
  • 2026 Outlook: Revenue $1.2–$1.4 billion, EBITDA $230–$290 million (excluding $40M one-time costs). Free cash flow of $100–$160 million.
  • Market Recovery: North Sea well intervention rebounding, Robotics segment with long-term contracts, and Brazil intervention market leading growth.
  • Strategic Moves: Evaluating M&A with $445M cash, targeting solutions-based capabilities or geographic expansion.
  • Key Risks: Seasonal weather impacts, vessel utilization gaps, and macroeconomic uncertainties.
EPS
Q3,2017
Q4,2017
Q1,2018
Q2,2018
Q3,2018
Q1,2019
Q2,2019
Q3,2019
Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
-0.090.040.160.03-0.02-0.09-0.13-0.17-0.28-0.2-0.120.02-0.030.050.1-0.19-0.170.210.190.130.02-0.020.150.06
Forecast
-0.1414-0.01230.0036-0.077-0.0655-0.0855-0.1044-0.2563-0.21-0.15970.0168-0.0051-0.04420.04770.18840.1120.01910.18910.1830.082-0.01320.02880.16380.0224
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
+36.35%
+425.20%
+4344.44%
+138.96%
+69.47%
-5.26%
-24.52%
+33.67%
-33.33%
-25.23%
-814.29%
+492.16%
+32.13%
+4.82%
-46.92%
-269.64%
-990.05%
+11.05%
+3.83%
+58.54%
+251.52%
-169.44%
-8.42%
+167.86%
Revenue
Q3,2017
Q4,2017
Q1,2018
Q2,2018
Q3,2018
Q1,2019
Q2,2019
Q3,2019
Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
------------------181.02M199.15M193.49M159.90M163.41M161.94M180.72M168.66M150.13M162.61M272.55M287.82M250.08M308.82M395.67M335.16M296.21M364.80M342.42M355.13M278.06M302.29M376.96M334.16M
Forecast
------------------158.89M177.93M181.03M151.67M168.59M167.42M172.17M134.88M142.42M162.74M239.75M251.34M233.45M270.37M348.02M316.87M285.83M339.36M359.68M312.66M276.07M318.59M358.74M302.41M
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
+13.93%
+11.93%
+6.88%
+5.42%
-3.07%
-3.27%
+4.96%
+25.05%
+5.41%
-0.08%
+13.68%
+14.51%
+7.13%
+14.22%
+13.69%
+5.77%
+3.63%
+7.49%
-4.80%
+13.59%
+0.72%
-5.12%
+5.08%
+10.50%

Earnings Call