Helmerich & Payne, Inc.
For the period ended Sep 30, 2025. Filed Nov 21, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Nov 21, 2025
HP$35.70+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations for the Years Ended and
| HELMERICH & PAYNE, INC. | |||
|---|---|---|---|
| CONSOLIDATED STATEMENTS OF OPERATIONS | |||
| Year Ended September 30, | |||
| (in thousands, except per share amounts) | 2025 | 2024 | 2023 |
| OPERATING REVENUES | |||
| Drilling services | $3,678,660 | $2,746,128 | $2,862,677 |
| Other | 67,353 | 10,479 | 9,744 |
| 3,746,013 | 2,756,607 | 2,872,421 | |
| OPERATING COSTS AND EXPENSES | |||
| Drilling services operating expenses, excluding depreciation and amortization | 2,511,408 | 1,624,681 | 1,708,599 |
| Other operating expenses | 56,019 | 4,483 | 4,477 |
| Depreciation and amortization | 625,085 | 397,344 | 382,314 |
| Research and development | 34,125 | 40,955 | 30,096 |
| Selling, general and administrative | 287,052 | 244,883 | 206,687 |
| Acquisition transaction costs | 54,702 | 14,982 | — |
| Asset impairment charges | 194,030 | — | 12,097 |
| Restructuring charges | 12,131 | — | — |
| Gain on reimbursement of drilling equipment | (33,398) | (33,309) | (48,173) |
| Other loss on sale of assets | 1,541 | 5,139 | 8,016 |
| 3,742,695 | 2,299,158 | 2,304,113 | |
| OPERATING INCOME | 3,318 | 457,449 | 568,308 |
| Other income (expense) | |||
| Interest and dividend income | 35,207 | 41,168 | 28,393 |
| Interest expense | (107,808) | (29,093) | (17,283) |
| Gain (loss) on investment securities | (22,377) | 13,953 | 11,299 |
| Foreign currency exchange loss | (9,682) | (5,550) | (6,419) |
| Other | 27,229 | 3,093 | 9,081 |
| (77,431) | 23,571 | 25,071 | |
| Income (loss) before income taxes | (74,113) | 481,020 | 593,379 |
| Income tax expense | 85,835 | 136,855 | 159,279 |
| NET INCOME (LOSS) | (159,948) | 344,165 | 434,100 |
| Net income attributable to non-controlling interest | 3,747 | — | — |
| NET INCOME (LOSS) ATTRIBUTABLE TO HELMERICH & PAYNE, INC. | $(163,695) | $344,165 | $434,100 |
| Earnings (loss) per share attributable to Helmerich & Payne, Inc.: | |||
| Basic | $(1.66) | $3.43 | $4.18 |
| Diluted | $(1.66) | $3.43 | $4.16 |
| Weighted average shares outstanding: | |||
| Basic | 99,272 | 98,857 | 102,447 |
| Diluted | 99,272 | 99,067 | 102,852 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.