Helix Energy Solutions

Q2 FY2026 EarningsQ2 FY26 results were mixed relative to consensus, with a revenue miss but a significant EPS beat. Revenue of $304.0M missed the $325.7M consensus by 6.65%, primarily due to vessel transit/mobilization delays in Well Intervention and lower activity in Robotics. However, diluted EPS from continuing operations of $0.10 exceeded the $0.08 mean estimate, driven by strong seasonal margins in the North Sea and production facility tailwinds. Management has withdrawn full-year guidance pending the Hornbeck merger completion expected by September 1, 2026.