hp: the income statement

MyFinsight

Helmerich & Payne, Inc. (HP)

For the quarter ending 2025-06-30, HP made $1,040,924K in revenue. -$162,758K in net income. Net profit margin of -15.64%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2024-12-31	2024-06-30
Total operating revenues	1,040,924	677,302	697,724
Selling, general and administrative	65,506	63,062	66,870
Restructuring charges	4,681	-	-
Research and development	7,777	9,359	10,555
Other operating expenses	31,059	1,156	1,144
Other loss on sale of assets	-1,347	-1,673	-2,730
Depreciation and amortization	179,491	99,080	97,816
Drilling services operating expenses, excluding depreciation and amortization	704,224	411,857	417,028
Acquisition transaction costs	8,623	10,500	-
Asset impairment charges	173,258	-	-
Gain on reimbursement of drilling equipment	6,773	9,400	9,732
Total operating costs and expenses	1,169,193	587,319	586,411
Operating income (loss)	-128,269	89,983	111,313
Interest expense	-	-	4,336
Other	31,258	360	3,134
Interest and dividend income	2,856	21,741	11,888
Interest expense	29,200	22,298	-
Gain (loss) on investment securities	-337	-13,367	389
Foreign currency exchange loss	-9,216	-	-
Nonoperating income (expense), total	-4,639	-13,564	11,075
Income (loss) before income taxes	-132,908	76,419	122,388
Income tax expense	28,991	21,600	33,703
Net income (loss)	-161,899	-	-
Net income attributable to non-controlling interest	859	-	-
Net income (loss) attributable to helmerich & payne, inc	-162,758	54,772	88,685

Basic (in dollars per share)	-1.64	0.55	0.89
Basic (in shares)	99,422,000	98,867,000	98,752,000
Diluted (in dollars per share)	-1.64	0.54	0.88
Diluted (in shares)	99,422,000	99,159,000	99,007,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS)