Helmerich & Payne, Inc. (HP) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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HP Revenue Growth
Revenue Breakdown (FY 2025)
HP's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
HP Revenue Analysis (2014–2025)
As of May 8, 2026, Helmerich & Payne, Inc. (HP) generated trailing twelve-month (TTM) revenue of $4.00 billion, reflecting moderate decline in growth of -8.2% year-over-year. The most recent quarter (Q2 2026) recorded $932.4 million in revenue, down 8.3% sequentially.
Looking at the longer-term picture, HP's 5-year compound annual growth rate (CAGR) stands at +16.1%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $3.75 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows HP's business is primarily driven by North America Solutions (64%), International Solutions Segment (22%), and Offshore Gulfof Mexico (14%). With over half of revenue concentrated in North America Solutions, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including NBR (+8.7% YoY), PD (+5.4% YoY), and PTEN (-9.4% YoY), HP has underperformed the peer group in terms of revenue growth. Compare HP vs NBR →
HP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HPCurrent | $4.0B | -8.2% | +16.1% | 6.2% | |
 NBR | $3.2B | +8.7% | +8.3% | 8.3% | |
 PD | $493M | +5.4% | +18.2% | 1.2% | |
 PTEN | $4.8B | -9.4% | +33.8% | -0.5% | |
 OIS | $669M | -25.7% | +1.0% | -0.7% |
HP Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.75B | +35.9% | $553.5M | 14.8% | $232.3M | 6.2% |
| 2024 | $2.76B | -4.0% | $729.0M | 26.4% | $451.9M | 16.4% |
| 2023 | $2.87B | +39.5% | $775.0M | 27.0% | $561.9M | 19.6% |
| 2022 | $2.06B | +69.0% | $229.2M | 11.1% | $45.3M | 2.2% |
| 2021 | $1.22B | -31.3% | $-153,758,000 | -12.6% | $-428,549,000 | -35.2% |
| 2020 | $1.77B | -36.6% | $107.3M | 6.0% | $-620,187,000 | -35.0% |
| 2019 | $2.80B | +12.5% | $427.1M | 15.3% | $213.1M | 7.6% |
| 2018 | $2.49B | +37.8% | $250.9M | 10.1% | $31.6M | 1.3% |
| 2017 | $1.80B | +11.1% | $-30,119,000 | -1.7% | $-172,541,000 | -9.6% |
| 2016 | $1.62B | -48.7% | $126.8M | 7.8% | $-25,966,000 | -1.6% |
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Start ComparisonHP — Frequently Asked Questions
Quick answers to the most common questions about buying HP stock.
Is HP's revenue growth accelerating or slowing?
HP revenue declined -8.2% year-over-year, contrasting with the 5-year CAGR of +16.1%. TTM revenue fell to $4.0B. This reverses the prior growth trend.
What is HP's long-term revenue growth rate?
Helmerich & Payne, Inc.'s 5-year revenue CAGR of +16.1% reflects the variable expansion pattern. Current YoY growth of -8.2% is below this long-term average.
How is HP's revenue distributed by segment?
HP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.