HLX Q1 2025 Earnings — Helix Energy Solutions Group, Inc. Revenue & Financial Results | Market Cap Arena

HLXHelix Energy Solutions Group, Inc.

$1B

Q1 2025 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$278M-6.1% YoY

Gross Profit

$28M9.9% margin

Operating Income

$8M2.9% margin

Net Income

$3M1.1% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

-21.7%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$12M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.1B

Stockholders' Equity

$1.5B

Cash & Equivalents

$370M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$278M	$296M	-6.1%
Gross Profit	$28M	$20M	+40.8%
Operating Income	$8M	-$1M	+825.8%
Net Income	$3M	-$26M	+111.7%

Revenue Segments

Renewables

$17M73%

Service, Other

$6M27%