HLX (Helix Energy Solutions Group, Inc.) Stock Financials & Earnings | Market Cap Arena

HLX (Helix Energy Solutions Group, Inc.) Stock Financials & Earnings | Market Cap Arena

HLXHelix Energy Solutions Group, Inc.

Mkt Cap$1B

Energy·Oil & Gas Equipment & Services·🇺🇸 United States·NYSE

Revenue (TTM)$1.3B

Net Income (TTM)$31M

EPS (TTM)$0.21

Free Cash Flow (TTM)$120M

Gross Margin12.3%

Op. Margin5.0%

Net Margin2.4%

FCF Margin9.3%

P/S Ratio (TTM)1.0x

P/E Ratio (TTM)43.3x

YoY Rev Growth-4.9%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$250M	$15M	-$8M
Q2 23	$309M	$55M	$20M
Q3 23	$396M	$81M	$36M
Q4 23	$335M	$49M	$26M
Q1 24	$296M	$20M	-$1M
Q2 24	$365M	$75M	$53M
Q3 24	$342M	$66M	$45M
Q4 24	$355M	$59M	$31M
Q1 25	$278M	$28M	$8M
Q2 25	$302M	$15M	-$3M
Q3 25	$377M	$66M	$48M
Q4 25	$334M	$51M	$12M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.4x	—
Q2 23	1.2x	—
Q3 23	1.1x	66.1x
Q4 23	1.0x	—
Q1 24	1.0x	—
Q2 24	1.0x	—
Q3 24	1.0x	185.9x
Q4 24	1.0x	24.0x
Q1 25	1.0x	15.7x
Q2 25	1.0x	26.6x
Q3 25	1.0x	31.3x
Q4 25	1.0x	43.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$5M	-$12M
Q2 23	$32M	$30M
Q3 23	$32M	$23M
Q4 23	$95M	$91M
Q1 24	$64M	$61M
Q2 24	-$12M	-$16M
Q3 24	$55M	$52M
Q4 24	$78M	$65M
Q1 25	$16M	$12M
Q2 25	-$17M	-$22M
Q3 25	$24M	$23M
Q4 25	$113M	$107M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$7M
Q2 23	$1M
Q3 23	$8M
Q4 23	$3M
Q1 24	$4M
Q2 24	$4M
Q3 24	$3M
Q4 24	$13M
Q1 25	$4M
Q2 25	$4M
Q3 25	$2M
Q4 25	$6M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+66.6%	+41.1%
Q2 23	+89.9%	+58.9%
Q3 23	+45.2%	+38.1%
Q4 23	+16.4%	+5.4%
Q1 24	+18.4%	+15.1%
Q2 24	+18.1%	+8.0%
Q3 24	-13.5%	-17.2%
Q4 24	+6.0%	+5.0%
Q1 25	-6.1%	-9.2%
Q2 25	-17.1%	-2.0%
Q3 25	+10.1%	+10.5%
Q4 25	-5.9%	-0.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$2M	0.6%
Q2 23	$2M	0.5%
Q3 23	$2M	0.4%
Q4 23	-$600K	-0.2%
Q1 24	$2M	0.6%
Q2 24	$2M	0.5%
Q3 24	$0	0.0%
Q4 24	$2M	0.5%
Q1 25	$2M	0.6%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	SG&A
Q1 23	$20M
Q2 23	$24M
Q3 23	$28M
Q4 23	$23M
Q1 24	$21M
Q2 24	$22M
Q3 24	$21M
Q4 24	$28M
Q1 25	$19M
Q2 25	$18M
Q3 25	$18M
Q4 25	$20M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$169M	$0	$169M
Q2 23	$183M	$0	$183M
Q3 23	$168M	$0	$168M
Q4 23	$332M	$0	$332M
Q1 24	$324M	$0	$324M
Q2 24	$275M	$0	$275M
Q3 24	$324M	$0	$324M
Q4 24	$368M	$0	$368M
Q1 25	$370M	$0	$370M
Q2 25	$320M	$0	$320M
Q3 25	$338M	$0	$338M
Q4 25	$445M	$0	$445M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	152M	+0.2%
Q2 23	153M	+1.1%
Q3 23	154M	+0.1%
Q4 23	151M	-2.0%
Q1 24	152M	+1.2%
Q2 24	155M	+1.7%
Q3 24	155M	-0.1%
Q4 24	154M	-0.4%
Q1 25	152M	-1.3%
Q2 25	151M	-1.1%
Q3 25	148M	-1.9%
Q4 25	147M	-0.4%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$692K	2K
FY 15	$482K	1K
FY 16	$331K	1K
FY 17	$363K	2K
FY 18	$479K	2K
FY 19	$456K	2K
FY 20	$478K	2K
FY 21	$508K	1K
FY 22	$383K	2K
FY 23	$510K	3K
FY 24	$587K	2K
FY 25	$584K	2K