Helix Energy Solutions Group, Inc. (HLX) — Financial statements
Income statement, balance sheet, and cash flow for Helix Energy Solutions Group, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,291↓4.9% | 1,359↑5.3% | 1,290↑47.7% | 873↑29.4% | 675 | |
| Cost of Revenue | 1,132↓0.6% | 1,139↑4.6% | 1,089↑32.4% | 822↑24.7% | 659 | |
| Gross Profit | 159↓27.5% | 220↑9.6% | 200↑295.8% | 51↑228.8% | 15 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 76↓17.1% | 92↓2.9% | 94↑23.0% | 77↑21.0% | 63 | |
| Other Expenses | 18↑3671.2% | 0.48 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 94↑2.0% | 92↓2.4% | 94↑23.0% | 77↑21.0% | 63 | |
| Total Costs & Expenses | 1,226↓0.4% | 1,231↑4.0% | 1,184↑31.6% | 899↑24.4% | 723 | |
| Operating Results | ||||||
| Operating Income | 65↓48.9% | 127↑20.3% | 106↑505.3% | -26↑45.6% | -48 | |
| Depreciation & Amortization | 187↑36.6% | 137↓16.4% | 164↑15.0% | 143↑0.8% | 142 | |
| EBITDA | 253↓0.2% | 253↑31.2% | 193↑120.1% | 88↓7.1% | 94 | |
| EBIT | 65↓43.7% | 116↑301.6% | 29↑152.5% | -55↓16.7% | -47 | |
| Interest & Other Income | ||||||
| Net Interest Income | -23↓0.7% | -23↓30.5% | -17↑8.5% | -19↑18.3% | -23 | |
| Interest Income | 0.00↓100.0% | 11↑180.3% | 4↑228.0% | 1↑325.7% | 0.29 | |
| Interest Expense | 23↓32.8% | 34↑58.7% | 21↑5.9% | 20↓14.1% | 23 | |
| Non-Operating Income | -0.12↓101.1% | 11↓85.1% | 77↑166.9% | 29↑3296.9% | -0.90 | |
| Other Income / Expenses | -23↑50.1% | -45↑53.9% | -98↓100.7% | -49↓117.1% | -23 | |
| Income Before Tax | 42↓48.2% | 82↑992.1% | 8↑110.0% | -75↓6.4% | -71 | |
| Income Tax Expense | 12↓55.9% | 26↑44.0% | 18↑45.6% | 13↑240.7% | -9 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 31↓44.6% | 56↑613.4% | -11↑87.7% | -88↓42.3% | -62 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 31↓44.6% | 56↑613.4% | -11↑87.7% | -88↓42.3% | -62 | |
| Bottom-Line Net Income | 31↓44.5% | 56↑612.9% | -11↑87.7% | -88↓42.1% | -62 | |
| EPS (Basic) | 0.21↓43.2% | 0.37↑615.3% | -0.07↑87.6% | -0.58↓41.5% | -0.41 | |
| EPS (Diluted) | 0.21↓41.7% | 0.36↑601.4% | -0.07↑87.6% | -0.58↓41.5% | -0.41 | |
| Weighted Average Shares | 148↓2.4% | 152↑0.7% | 151↓0.2% | 151↑0.8% | 150 | |
| Weighted Average Diluted Shares | 148↓4.0% | 155↑2.5% | 151↓0.2% | 151↑0.8% | 150 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.