HLX Q2 2025 Earnings — Helix Energy Solutions Group, Inc. Revenue & Financial Results | Market Cap Arena

HLXHelix Energy Solutions Group, Inc.

$1B

Q2 2025 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$302M-17.1% YoY

Gross Profit

$15M4.9% margin

Operating Income

-$3M-1.0% margin

Net Income

-$3M-0.9% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+8.7%

Cash Flow

Operating Cash Flow

-$17M

Free Cash Flow

-$22M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$1.1B

Stockholders' Equity

$1.6B

Cash & Equivalents

$320M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$302M	$365M	-17.1%
Gross Profit	$15M	$75M	-80.2%
Operating Income	-$3M	$53M	-105.9%
Net Income	-$3M	$32M	-108.0%

Revenue Segments

Renewables

$42M85%

Service, Other

$8M15%