HLX Q2 2023 Earnings — Helix Energy Solutions Group, Inc. Revenue & Financial Results | Market Cap Arena

HLXHelix Energy Solutions Group, Inc.

$1B

Q2 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$309M+89.9% YoY

Gross Profit

$55M17.9% margin

Operating Income

$20M6.5% margin

Net Income

$7M2.3% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

+23.5%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

$30M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$892M

Stockholders' Equity

$1.5B

Cash & Equivalents

$183M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$309M	$163M	+89.9%
Gross Profit	$55M	-$1M	+4187.8%
Operating Income	$20M	-$19M	+206.5%
Net Income	$7M	-$30M	+123.9%

Revenue Segments

Well Intervention

$154M62%

Robotics

$70M28%

Production Facilities

$23M9%