Helix Energy Solutions Group, Inc. logo

Helix Energy Solutions Group, Inc.

HLX

NYSEEnergyOil & Gas Equipment & Services

Previous close

$10.35

−$0.11 · -1.05%

Aug 21, 4:00 PM ET

HLX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

54

Fair Value

Momentum

52

Neutral

Sentiment

49

Mixed

Risk resilience

60

Moderate Risk

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Company profile

Company website

Helix Energy Solutions Group, Inc., founded in 1979 and based in Houston, Texas, (and known as Cal Dive International, Inc., until its name change in March 2006) is an offshore energy services firm. It provides an array of specialized solutions to the offshore energy sector, primarily across major global regions such as Brazil, the Gulf of Mexico, the North Sea, Asia Pacific, and West Africa. The company's operations are divided into three core business units: Well Intervention, Robotics, and Production Facilities. The Robotics segment focuses on complex subsea infrastructure work, encompassing the installation of flowlines, control umbilicals, manifold assemblies, and risers. This also includes the trenching and burial of pipelines, precision tie-in of risers and manifold assemblies, as well as commissioning, testing, inspection activities, and the deployment and connection of cables and umbilicals. Within its Well Intervention segment, Helix offers critical services for well optimization, including intervention engineering and production enhancement. This segment also performs comprehensive inspection, repair, and maintenance for various subsea assets, such as production structures, well trees, jumpers, risers, pipelines, and general subsea equipment, supported by related technical assistance. The Production Facilities segment delivers a range of support services, from oil and natural gas processing facilities and rapid response systems to site clearance and general subsea support. Additionally, the company provides environmental reclamation and remediation services, complete well and pipeline plug-and-abandonment operations, and thorough site inspections. Helix serves a broad customer base, including independent oil and gas producers and suppliers, pipeline transmission companies, renewable energy businesses, and offshore engineering and construction firms.

Industry
Oil & Gas Equipment & Services
Sector
Energy
Headquarters
US
CEO
Owen Eugene Kratz
Listed since
Jul 1, 1997
Employees
2,212

Market position

Day range

Current $10.35

52-week range

Current $10.35

Open
$10.58
Previous close
$10.46
Volume
815.56K
0.49× average
Average volume
1.67M
Average daily volume
Market cap
1.52B USD
Beta
1.17
Market reference 1
50-day average
$9.437
+9.67% above average
200-day average
$8.6878
+19.13% above average

Financials

Financial snapshot

Latest / TTM

Financial health

Altman Z-score
2.07
Piotroski F-score
9 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends19%8%-2%-13%Gross margin, FY2021: 2.28%Gross margin, FY2022: 5.80%Gross margin, FY2023: 15.53%Gross margin, FY2024: 16.16%Gross margin, FY2025: 12.32%Operating margin, FY2021: -7.12%Operating margin, FY2022: -2.99%Operating margin, FY2023: 8.21%Operating margin, FY2024: 9.38%Operating margin, FY2025: 5.04%Net margin, FY2021: -9.14%Net margin, FY2022: -10.05%Net margin, FY2023: -0.84%Net margin, FY2024: 4.10%Net margin, FY2025: 2.39%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 2.28%. Gross margin FY2022 5.80%. Gross margin FY2023 15.53%. Gross margin FY2024 16.16%. Gross margin FY2025 12.32%. Operating margin FY2021 -7.12%. Operating margin FY2022 -2.99%. Operating margin FY2023 8.21%. Operating margin FY2024 9.38%. Operating margin FY2025 5.04%. Net margin FY2021 -9.14%. Net margin FY2022 -10.05%. Net margin FY2023 -0.84%. Net margin FY2024 4.10%. Net margin FY2025 2.39%.

Income trends

Revenue

1.29B USD-4.94%

Operating income

65.14M USD-48.89%

Net income

30.83M USD-44.59%
Income trends across reported periods1.5B USD924.66M USD346.12M USD−232.42M USDRevenue, FY2021: 674.73M USDRevenue, FY2022: 873.1M USDRevenue, FY2023: 1.29B USDRevenue, FY2024: 1.36B USDRevenue, FY2025: 1.29B USDOperating income, FY2021: −48.06M USDOperating income, FY2022: −26.14M USDOperating income, FY2023: 105.93M USDOperating income, FY2024: 127.44M USDOperating income, FY2025: 65.14M USDNet income, FY2021: −61.68M USDNet income, FY2022: −87.78M USDNet income, FY2023: −10.84M USDNet income, FY2024: 55.64M USDNet income, FY2025: 30.83M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 674.73M USD. Revenue FY2022 873.1M USD. Revenue FY2023 1.29B USD. Revenue FY2024 1.36B USD. Revenue FY2025 1.29B USD. Operating income FY2021 −48.06M USD. Operating income FY2022 −26.14M USD. Operating income FY2023 105.93M USD. Operating income FY2024 127.44M USD. Operating income FY2025 65.14M USD. Net income FY2021 −61.68M USD. Net income FY2022 −87.78M USD. Net income FY2023 −10.84M USD. Net income FY2024 55.64M USD. Net income FY2025 30.83M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.29B USD1.36B USD1.29B USD873.1M USD674.73M USD
Cost of goods sold1.13B USD1.14B USD1.09B USD822.48M USD659.34M USD
Gross profit159.14M USD219.56M USD200.36M USD50.62M USD15.39M USD
Selling, general, and administrative75.94M USD91.65M USD94.43M USD76.75M USD63.45M USD
Operating expenses94M USD92.13M USD94.43M USD76.75M USD63.45M USD
Interest income11.27M USD4.02M USD1.23M USD288K USD
Interest expense22.78M USD33.9M USD21.36M USD20.18M USD23.49M USD
Depreciation and amortization187.38M USD137.2M USD164.12M USD142.69M USD141.51M USD
Operating income65.14M USD127.44M USD105.93M USD−26.14M USD−48.06M USD
Net income30.83M USD55.64M USD−10.84M USD−87.78M USD−61.68M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 3 misses, 2 met estimates
Average EPS surprise
-9.88%
11 comparable reports
Latest EPS result
0.1
Estimate 0.08 · Beat by 29.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.230.11-0.01-0.13Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MetQ1 '26BeatQ2 '26MetQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 24, 2025: actual 0.13, estimate 0.09, surprise +44.44%, Beat. Q2 2025, reported Apr 23, 2025: actual 0.02, estimate -0.05, surprise +140.00%, Beat. Q3 2025, reported Jul 23, 2025: actual -0.02, estimate 0.01, surprise -300.00%, Miss. Q4 2025, reported Oct 22, 2025: actual 0.15, estimate 0.15, surprise 0.00%, Met estimate. Q1 2026, reported Feb 23, 2026: actual 0.16, estimate -0.02, surprise +900.00%, Beat. Q2 2026, reported Apr 22, 2026: actual -0.09, estimate -0.09, surprise 0.00%, Met estimate. Q3 2026, reported Aug 6, 2026: actual 0.1, estimate 0.078, surprise +29.00%, Beat. Q4 2026, reported Oct 28, 2026: actual —, estimate 0.19, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates392.04M344.45M296.87M249.29MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 24, 2025: actual 355.13M USD, estimate 312.66M USD, surprise +13.59%, Beat. Q2 2025, reported Apr 23, 2025: actual 278.06M USD, estimate 276.07M USD, surprise +0.72%, Beat. Q3 2025, reported Jul 23, 2025: actual 302.29M USD, estimate 318.59M USD, surprise -5.12%, Miss. Q4 2025, reported Oct 22, 2025: actual 376.96M USD, estimate 358.74M USD, surprise +5.08%, Beat. Q1 2026, reported Feb 23, 2026: actual 334.16M USD, estimate 302.41M USD, surprise +10.50%, Beat. Q2 2026, reported Apr 22, 2026: actual 287.95M USD, estimate 264.36M USD, surprise +8.92%, Beat. Q3 2026, reported Aug 6, 2026: actual 304.02M USD, estimate 314.56M USD, surprise -3.35%, Miss. Q4 2026, reported Oct 28, 2026: actual —, estimate 353.07M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$14.00

35.27% upside
Past 12 months12-month forecastHigh $14.00Average $14.00Low $14.00

Rating distribution

22 ratings
Strong buy00%
Buy1777%
Hold314%
Sell29%
Strong sell00%

Recent analyst actions

4 institutions
Piper SandlermaintainOverweight

HLX news

Corporate actions

Corporate action history

Stock split

Effective Dec 9, 2005

2:1

Stock split

Effective Nov 14, 2000

2:1

HLX peers

ETFs holding HLX

Funds reporting this stock among their holdings, ordered by reported position size.

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