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Helmerich & Payne, Inc. (HP) stock

HPNYSEDrilling Oil & Gas WellsFiscal year ends September 30
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026Score 6/304% above fair value
$38.06+0.93 (+2.50%)

Close on Nov 13, 2026Market cap $3.80BP/E –Yield 0.66%

Earnings

Helmerich & Payne's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Feb 3, 2027
Q1 FY2027 · estimated, after the close
Revenue, Q3 FY2026
$1.04B
-0.6% on a year earlier
Adjusted losses, Q3 FY2026
-$0.11
$0.22 a year earlier
Latest guidance
Issued
Oct 7, 2026 · 1 item

Quarterly results

Revenue and earnings per share from each of Helmerich & Payne's earnings releases, newest first

QuarterReportedRevenueYoYEPSAdj. EPSSource
Q1 FY2027ended Dec 31, 2026Feb 3, 2027Expected–––––
Q4 FY2026ended Sep 30, 2026Oct 7, 2026during market hours––––Release
Q3 FY2026ended Jun 30, 2026Aug 5, 2026after the close$1.04B-0.6%$0.74-$0.11Release
Q2 FY2026ended Mar 31, 2026May 6, 2026after the close$932.00M-6.8%-$0.59-$0.38Release
Q1 FY2026ended Dec 31, 2025Feb 4, 2026after the close$1.02B+50.2%-$0.98-$0.15Release
Q4 FY2025ended Sep 30, 2025Nov 17, 2025after the close$1.01B+45.8%-$0.58-$0.01Release
Q3 FY2025ended Jun 30, 2025Aug 6, 2025after the close$1.04B+49.1%-$1.64$0.22Release
Q2 FY2025ended Mar 31, 2025May 7, 2025after the close$1.00B+45.3%$0.01$0.02Release
Q1 FY2025ended Dec 31, 2024Feb 5, 2025after the close$677.00M0.0%$0.54–Release
Q4 FY2024ended Sep 30, 2024Nov 13, 2024after the close$694.00M+5.2%$0.76$0.76Release
Q3 FY2024ended Jun 30, 2024Jul 24, 2024after the close$698.00M-3.6%$0.88$0.92Release
Q2 FY2024ended Mar 31, 2024Apr 24, 2024after the close$688.00M-10.5%$0.84$0.84Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Helmerich & Payne's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
direct marginsnon-GAAPQ4 FY2026$45.00M–NewOct 7, 2026
Average RigsQ4 FY202660 – 70–LoweredAug 5, 2026
Average Rigs / Mgmt. Cont.Q4 FY202630 – 35–LoweredAug 5, 2026
Direct Marginnon-GAAPQ4 FY2026$245.00M – $255.00M–NewAug 5, 2026
Gross Capital ExpendituresFY2026$270.00M – $310.00M$270.00M – $310.00MReaffirmedAug 5, 2026
Average contracted rig count in NASFY2026132 – 148–NewNov 17, 2025
average management contracts and contracted platform rigsFY202630 – 35–LoweredNov 17, 2025
Average operating rig count for International SolutionsFY202658 – 68–LoweredNov 17, 2025
Average RigsFY202660 – 66–LoweredAug 5, 2026
Average Rigs / Mgmt. Cont.FY202630 – 35–LoweredAug 5, 2026
Cash TaxesFY2026$150.00M – $180.00M$125.00M – $150.00MLoweredAug 5, 2026
Cash taxes to be paidFY2026$95.00M – $145.00M$95.00M – $145.00MLoweredFeb 4, 2026
DepreciationFY2026$700.00M$700.00MRaisedAug 5, 2026
Direct Marginnon-GAAPFY2026$113.00M – $117.00M–RaisedAug 5, 2026
Direct Margin ($M) 3 - Offshore Solutionsnon-GAAPFY2026$100.00M – $115.00M–ReaffirmedMay 6, 2026
General and administrative expensesFY2026$265.00M – $285.00M$265.00M – $285.00MRaisedFeb 4, 2026
Interest ExpenseFY2026$100.00M$100.00MLoweredAug 5, 2026
Investments related to NAS operationsFY2026$40.00M – $60.00M–NewNov 17, 2025
Maintenance and reactivation-related capital across the Company's global fleet of operating drilling rigsFY2026$230.00M – $250.00M–RaisedNov 17, 2025
Ongoing asset sales that include reimbursements for lost and damaged tubulars and sales of other used drilling equipment offset a portion of the gross capital expendituresFY2026$40.00M–LoweredNov 17, 2025
Research and DevelopmentFY2026$28.00M$28.00MLoweredAug 5, 2026
Research and development expensesFY2026$25.00M$25.00MLoweredFeb 4, 2026
Selling, General & AdministrativeFY2026$265.00M – $285.00M$265.00M – $285.00MRaisedAug 5, 2026
Total Offshore direct marginsnon-GAAPFY2026$100.00M – $115.00M–NewNov 17, 2025

Guidance history

Every forecast Helmerich & Payne put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Oct 7, 2026direct marginsQ4 FY2026$45.00MNew
Aug 5, 2026Gross Capital ExpendituresFY2026$270.00M – $310.00MReaffirmed
Aug 5, 2026Direct MarginQ4 FY2026$245.00M – $255.00MNew
Aug 5, 2026Average Rigs / Mgmt. Cont.Q4 FY202630 – 35Lowered
Aug 5, 2026Average RigsQ4 FY202660 – 70Lowered
Aug 5, 2026Average RigsQ4 FY2026145 – 151New
Aug 5, 2026Direct MarginFY2026$113.00M – $117.00MRaised
Aug 5, 2026Interest ExpenseFY2026$100.00MLowered
Aug 5, 2026Cash TaxesFY2026$150.00M – $180.00MLowered
Aug 5, 2026Selling, General & AdministrativeFY2026$265.00M – $285.00MRaised
Aug 5, 2026Research and DevelopmentFY2026$28.00MLowered
Aug 5, 2026DepreciationFY2026$700.00MRaised
Aug 5, 2026Average Rigs / Mgmt. Cont.FY202630 – 35Lowered
Aug 5, 2026Average RigsFY202660 – 66Lowered
Aug 5, 2026Direct MarginQ4 FY2026$26.00M – $30.00MNarrowed
Aug 5, 2026Direct MarginQ4 FY2026$25.00M – $45.00MLowered
Aug 5, 2026Direct MarginQ4 FY2026$0 – $5.00MLowered
Aug 5, 2026Average RigsFY2026140 – 144Raised
May 6, 2026Gross Capital Expenditures ($M)FY2026$270.00M – $310.00MLowered
May 6, 2026Selling, General & AdministrativeFY2026$265.00M – $285.00MRaised

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases Helmerich & Payne filed with the SEC as exhibits to Form 8-K or 6-K

  1. Results
  2. Results
  3. Results
  4. Update
  5. Results
  6. Update
  7. Results
  8. Update
  9. Results
  10. Update
  11. News
  12. Results
  13. Results
  14. Update
  15. Results

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