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HELIX ENERGY SOLUTIONS GROUP INC

CIK: 866829 SIC: 1389
$1.31B
Revenue
$42.68M
Net Income
12.75%
Gross Margin
6.38%
Op. Margin
$80.70M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 6 of 46 quarterly reports available
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
+ Total Revenue $376.96M $302.29M $278.06M $355.13M $342.42M $364.80M
Revenue Growth % (YoY) 10.1% -17.1% nan% nan% nan% nan%
Cost of Revenue $310.94M $287.34M $250.53M $296.27M $276.75M $289.31M
+ Gross Profit $66.02M $14.95M $27.54M $58.86M $65.67M $75.49M
Gross Margin % 17.5% 4.9% 9.9% 16.6% 19.2% 20.7%
Selling General & Admin $18.17M $18.10M $19.37M $27.55M $21.12M $22.29M
+ Operating Income $47.85M $-3.15M $8.17M $30.88M $44.64M $53.19M
Operating Margin % 12.7% -1.0% 2.9% 8.7% 13.0% 14.6%
Other Income/Expense $-983.00K $437.00K $-357.00K $-1.27M $-49.00K $-382.00K
Income Before Tax $41.25M $-8.60M $3.52M $24.00M $39.03M $47.01M
Income Tax Expense $19.17M $-6.00M $453.00K $3.88M $9.52M $14.72M
+ Net Income $22.08M $-2.60M $3.07M $20.12M $29.51M $32.29M
Net Margin % 5.9% -0.9% 1.1% 5.7% 8.6% 8.9%
Basic EPS 0.15 -0.02 0.02 0.14 0.19 0.21
Diluted EPS 0.15 -0.02 0.02 0.13 0.19 0.21
Basic Shares Outstanding 146.9M 148.5M 151.0M -182K 151.9M 152.2M
Diluted Shares Outstanding 147.7M 148.5M 152.2M -339K 154.9M 155.0M
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Cash & Cash Equivalents $338.03M $319.74M $369.99M $368.03M $324.12M $275.07M
Accounts Receivable $359.61M $327.92M $258.49M $258.63M $270.88M $283.64M
Other Current Assets $100.60M $112.73M $107.73M $83.02M $98.93M $65.21M
Total Current Assets $798.24M $760.40M $736.21M $709.68M $693.94M $623.91M
Property Plant & Equipment $1.41B $1.45B $1.43B $1.44B $1.51B $1.50B
Intangible Assets - - - $3.63M - -
Other Non-current Assets $47.52M $46.03M $47.60M $48.18M $43.32M $46.56M
Total Assets $2.63B $2.67B $2.64B $2.60B $2.66B $2.60B
Accounts Payable $147.40M $172.25M $159.84M $144.79M $142.40M $144.83M
Accrued Liabilities $99.25M $104.77M $90.61M $90.45M $91.77M $88.66M
Deferred Revenue - - - $14.91M - -
Total Current Liabilities $314.12M $347.96M $323.39M $304.42M $303.22M $300.17M
Long-term Debt $297.83M $302.20M $301.70M $315.16M $305.49M $309.66M
Deferred Tax Liabilities $117.82M $114.73M $113.42M $113.97M $123.72M $120.17M
Other Non-current Liabilities $70.08M $68.77M $70.10M $66.97M $64.76M $67.20M
Total Liabilities $1.06B $1.10B $1.09B $1.08B $1.09B $1.10B
Common Stock $1.22B $1.22B $1.25B $1.25B $1.27B $1.27B
Retained Earnings $390.64M $368.56M $371.16M $368.09M $347.97M $318.45M
Total Stockholders Equity $1.57B $1.57B $1.55B $1.52B $1.57B $1.50B
Total Liabilities & Equity $2.63B $2.67B $2.64B $2.60B $2.66B $2.60B
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Net Income $22.08M $474.00K $3.07M $20.12M $29.51M $6.00M
Depreciation & Amortization - - - $40.56M $132.73M $89.82M
Stock-based Compensation $4.94M $3.31M $1.65M $1.74M $5.52M $3.69M
Deferred Income Tax $3.82M $931.00K $-400.00K $-2.56M $13.17M $9.61M
Change in Receivables $93.30M $62.43M $1.12M $-995.00K $-12.74M $5.62M
Operating Cash Flow $23.59M $-691.00K $16.44M $77.98M $108.05M $52.32M
Capital Expenditure $10.65M $8.96M $4.49M $12.52M $10.78M $7.59M
Investing Cash Flow $-10.65M $-8.96M $-4.49M $-12.52M $-10.32M $-7.23M
Stock Repurchased - - - $19.43M $10.19M $10.19M
Financing Cash Flow $-44.92M $-40.78M $-11.07M $-19.74M $-105.57M $-101.53M
Net Change in Cash $-30.00M $-48.29M $1.96M $43.91M $-8.07M $-57.12M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $376.96M $342.42M $957.31M $1.00B
Cost of Revenue $310.94M $276.75M $848.81M $842.72M
Gross Profit $66.02M $65.67M $108.50M $160.71M
Selling General & Admin $18.17M $21.12M $55.63M $64.10M
Operating Income $47.85M $44.64M $52.87M $96.56M
Other Income/Expense $-983.00K $-49.00K $-903.00K $-2.65M
Income Before Tax $41.25M $39.03M $36.18M $58.06M
Income Tax Expense $19.17M $9.52M $13.62M $22.55M
Net Income $22.08M $29.51M $22.56M $35.52M
Basic EPS 0.15 0.19 0.15 0.23
Diluted EPS 0.15 0.19 0.15 0.23
Basic Shares Outstanding $146.91M $151.91M $148.81M $152.17M
Diluted Shares Outstanding $147.70M $154.85M $149.55M $155.04M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $338.03M $368.03M
Accounts Receivable $359.61M $258.63M
Other Current Assets $100.60M $83.02M
Total Current Assets $798.24M $709.68M
Property Plant & Equipment $1.41B $1.44B
Other Non-current Assets $47.52M $48.18M
Total Assets $2.63B $2.60B
Accounts Payable $147.40M $144.79M
Accrued Liabilities $99.25M $90.45M
Total Current Liabilities $314.12M $304.42M
Long-term Debt $297.83M $305.97M
Deferred Tax Liabilities $117.82M $113.97M
Other Non-current Liabilities $70.08M $66.97M
Total Liabilities $1.06B $1.08B
Common Stock $1.22B $1.25B
Retained Earnings $390.64M $368.09M
Total Stockholders Equity $1.57B $1.52B
Total Liabilities & Equity $2.63B $2.60B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $22.08M $29.51M $22.56M $35.52M
Stock-based Compensation - - $4.94M $5.52M
Deferred Income Tax - - $3.82M $13.17M
Change in Receivables - - $93.30M $-12.74M
Operating Cash Flow - - $23.59M $108.05M
Capital Expenditure - - $10.65M $10.78M
Investing Cash Flow - - $-10.65M $-10.32M
Financing Cash Flow - - $-44.92M $-105.57M
Net Change in Cash - - $-30.00M $-8.07M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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