HLX Q4 2024 Earnings — Helix Energy Solutions Group, Inc. Revenue & Financial Results | Market Cap Arena

HLXHelix Energy Solutions Group, Inc.

$1B

Q4 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$355M+6.0% YoY

Gross Profit

$59M16.6% margin

Operating Income

$31M8.7% margin

Net Income

$20M5.7% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$78M

Free Cash Flow

$65M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.1B

Stockholders' Equity

$1.5B

Cash & Equivalents

$368M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$355M	$335M	+6.0%
Gross Profit	$59M	$49M	+19.4%
Operating Income	$31M	$26M	+17.4%
Net Income	$20M	-$28M	+171.0%

Revenue Segments

Renewables

$35M88%

Service, Other

$5M12%