--- title: "Helmerich & Payne | 10-K: FY2025 Revenue Beats Estimate at USD 3.746 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/266981645.md" datetime: "2025-11-21T21:20:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/266981645.md) - [en](https://longbridge.com/en/news/266981645.md) - [zh-HK](https://longbridge.com/zh-HK/news/266981645.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/266981645.md) | [繁體中文](https://longbridge.com/zh-HK/news/266981645.md) # Helmerich & Payne | 10-K: FY2025 Revenue Beats Estimate at USD 3.746 B Revenue: As of FY2025, the actual value is USD 3.746 B, beating the estimate of USD 3.727 B. EPS: As of FY2025, the actual value is USD -1.66, missing the estimate of USD -0.9194. EBIT: As of FY2025, the actual value is USD 175.92 M. ### North America Solutions Segment - **Operating Revenues**: $2,362.3 million in FY 2025, a decrease of 3.4% from $2,445.9 million in FY 2024. - **Direct Operating Expenses**: $1,322.7 million in FY 2025, a decrease of 3.2% from $1,366.5 million in FY 2024. - **Depreciation and Amortization**: $351.8 million in FY 2025, a decrease of 4.0% from $366.4 million in FY 2024. - **Research and Development Expense**: $34.1 million in FY 2025, a decrease of 17.3% from $41.3 million in FY 2024. - **Selling, General and Administrative Expense**: $68.0 million in FY 2025, an increase of 11.3% from $61.1 million in FY 2024. - **Segment Operating Income**: $580.0 million in FY 2025, a decrease of 5.0% from $610.6 million in FY 2024. - **Direct Margin (Non-GAAP)**: $1,039.6 million in FY 2025, a decrease of 3.7% from $1,079.5 million in FY 2024. ### International Solutions Segment - **Operating Revenues**: $802.4 million in FY 2025, an increase of 313.7% from $194.0 million in FY 2024. - **Direct Operating Expenses**: $718.8 million in FY 2025, an increase of 325.3% from $169.0 million in FY 2024. - **Depreciation and Amortization**: $218.8 million in FY 2025, an increase of 1,914.3% from $10.9 million in FY 2024. - **Selling, General and Administrative Expense**: $17.2 million in FY 2025, an increase of 82.8% from $9.4 million in FY 2024. - **Segment Operating Loss**: -$291.7 million in FY 2025, compared to an operating income of $4.7 million in FY 2024. - **Direct Margin (Non-GAAP)**: $83.6 million in FY 2025, an increase of 235.2% from $24.9 million in FY 2024. ### Offshore Solutions Segment - **Operating Revenues**: $520.4 million in FY 2025, an increase of 390.0% from $106.2 million in FY 2024. - **Direct Operating Expenses**: $430.1 million in FY 2025, an increase of 420.3% from $82.7 million in FY 2024. - **Depreciation and Amortization**: $32.5 million in FY 2025, an increase of 331.1% from $7.5 million in FY 2024. - **Selling, General and Administrative Expense**: $4.6 million in FY 2025, an increase of 28.5% from $3.6 million in FY 2024. - **Segment Operating Income**: $49.9 million in FY 2025, an increase of 302.3% from $12.4 million in FY 2024. - **Direct Margin (Non-GAAP)**: $90.3 million in FY 2025, an increase of 283.4% from $23.5 million in FY 2024. ### Other Operations - **Operating Revenues**: $152.9 million in FY 2025, an increase of 113.4% from $71.6 million in FY 2024. - **Direct Operating Expenses**: $181.6 million in FY 2025, an increase of 160.4% from $69.8 million in FY 2024. - **Depreciation and Amortization**: $5.7 million in FY 2025, an increase of 251.0% from $1.6 million in FY 2024. - **Segment Operating Loss**: -$103.4 million in FY 2025, compared to an operating loss of -$1.4 million in FY 2024. ### Outlook / Guidance - The company expects to realize in excess of the initially anticipated $25 million in synergies from the KCA Deutag acquisition and other permanent cost-saving initiatives, with an expected reduction in general and administrative expenses by $50 million relative to pro forma annualized expectations. - Subsequent to September 30, 2025, the company received notifications for seven rigs to resume operations in Saudi Arabia during the first half of calendar year 2026, increasing the total operating rig count in the country to 24 by mid-2026. ### Related Stocks - [Helmerich & Payne, Inc. (HP.US)](https://longbridge.com/en/quote/HP.US.md) ## Related News & Research - [SunPower files to delay 10-K, expects significant upside changes in FY 2025 results](https://longbridge.com/en/news/281182236.md) - [Sri Lotus Developers Grants 1.2 Million ESOPs Under 2024 Scheme](https://longbridge.com/en/news/281348606.md) - [Central Puerto Details 2024 Profit, Capital Reduction and 2025 Corporate Reorganization](https://longbridge.com/en/news/280787545.md) - [SecUR Credentials Files SEBI Demat Compliance Certificate for December 2024 Quarter](https://longbridge.com/en/news/280883635.md) - [Grown Rogue Announces Preliminary 2025 Results, Revenue $32.4M, Adjusted EBITDA $5.3M; Full Filing Rescheduled](https://longbridge.com/en/news/281344326.md)