10-Q quarterly report · filed May 7, 2026

Helmerich & Payne, Inc. (HP) Q1 2026 10-Q Quarterly Report

Short answer

Helmerich & Payne, Inc. (HP) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $906M (down 10.5% year over year) with net income of −$59M.

Q1 2026 key financials · XBRL

Revenue
$906M
−10.5% YoY · −7.6% QoQ
Net income
−$59M
−3643.5% YoY · +39.4% QoQ
Operating margin
-4.1%
EPS (diluted)
−$0.59
−3050.0% YoY · +39.8% QoQ

Source: XBRL data from the Helmerich & Payne, Inc. (HP) Q1 2026 10-Q on SEC EDGAR. USD.

Helmerich & Payne, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $0.9B vs $1.0B YoY, down approximately $0.1B
  • Net loss $58.6M vs $1.7M income YoY
  • North America largest segment: revenue $517.2M, down 13.7%; operating income $111.3M, down 26.7%
  • International weakest segment: operating loss $99.6M vs $35.0M loss YoY, including $26.1M impairment
  • Backlog $8.3B vs $7.0B; geopolitical tensions, tariffs, OPEC+ supply increases, and commodity volatility remain headwinds

Risk Factors

  • No risk-factors section provided in the supplied excerpt
  • No new or changed risks identifiable from the supplied text

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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