# Helmerich & Payne, Inc.: overview

HP · NYSE · CIK 46765 · [Energy](/sectors/energy.md) · fiscal year ends Sep 30

Pages: [Overview](/companies/hp.md) · [Financials](/companies/hp/financials.md) · [Filings](/companies/hp/filings.md) · [Insiders](/companies/hp/insiders.md)

Latest reported revenue: [$986.9m](/filings/0000046765-26-000042.md) for Q3 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0000046765-26-000042).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-09-30) | Q1 FY2025 (2024-12-31) | Q2 FY2025 (2025-03-31) | Q3 FY2025 (2025-06-30) | Q4 FY2025 (2025-09-30) | Q1 FY2026 (2025-12-31) | Q2 FY2026 (2026-03-31) | Q3 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [691 d](/filings/0000046765-25-000071.md) | [675](/filings/0000046765-26-000012.md) | [1,012](/filings/0000046765-26-000034.md) | [1,038](/filings/0000046765-26-000042.md) | [954 d](/filings/0000046765-25-000071.md) | [981](/filings/0000046765-26-000012.md) | [906](/filings/0000046765-26-000034.md) | [987](/filings/0000046765-26-000042.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [15.6% d](/filings/0000046765-25-000071.md) | [13.5%](/filings/0000046765-26-000012.md) | [4.2%](/filings/0000046765-26-000034.md) | [(12.4%)](/filings/0000046765-26-000042.md) | [(0.2%) d](/filings/0000046765-25-000071.md) | [(6.1%)](/filings/0000046765-26-000012.md) | [(4.1%)](/filings/0000046765-26-000034.md) | [19.1%](/filings/0000046765-26-000042.md) |
| Net margin | % | [10.9% d](/filings/0000046765-25-000071.md) | [8.1%](/filings/0000046765-26-000012.md) | [0.2%](/filings/0000046765-26-000034.md) | [(15.7%)](/filings/0000046765-26-000042.md) | [(6.0%) d](/filings/0000046765-25-000071.md) | [(9.9%)](/filings/0000046765-26-000012.md) | [(6.5%)](/filings/0000046765-26-000034.md) | [7.7%](/filings/0000046765-26-000042.md) |
| Diluted EPS | $ per share | not reported | [0.54](/filings/0000046765-26-000012.md) | [0.01](/filings/0000046765-26-000034.md) | [(1.64)](/filings/0000046765-26-000042.md) | not reported | [(0.98)](/filings/0000046765-26-000012.md) | [(0.59)](/filings/0000046765-26-000034.md) | [0.74](/filings/0000046765-26-000042.md) |
| Free cash flow | $m | [62.8 d](/filings/0000046765-25-000071.md) | [51.9](/filings/0000046765-26-000012.md) | [(103) d](/filings/0000046765-26-000034.md) | [24.6 d](/filings/0000046765-26-000042.md) | [143 d](/filings/0000046765-25-000071.md) | [115](/filings/0000046765-26-000012.md) | [(26.3) d](/filings/0000046765-26-000034.md) | [83.9 d](/filings/0000046765-26-000042.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-09-30) | FY2022 (2022-09-30) | FY2023 (2023-09-30) | FY2024 (2024-09-30) | FY2025 (2025-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,211](/filings/0000046765-23-000069.md) | [2,050](/filings/0000046765-24-000076.md) | [2,863](/filings/0000046765-25-000071.md) | [2,746](/filings/0000046765-25-000071.md) | [3,679](/filings/0000046765-25-000071.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(35.4%)](/filings/0000046765-23-000069.md) | [2.2%](/filings/0000046765-24-000076.md) | [19.9%](/filings/0000046765-25-000071.md) | [16.7%](/filings/0000046765-25-000071.md) | [0.1%](/filings/0000046765-25-000071.md) |
| Net margin | % | [(26.9%)](/filings/0000046765-23-000069.md) | [0.3%](/filings/0000046765-24-000076.md) | [15.2%](/filings/0000046765-25-000071.md) | [12.5%](/filings/0000046765-25-000071.md) | [(4.4%)](/filings/0000046765-25-000071.md) |
| Diluted EPS | $ per share | [(3.04)](/filings/0000046765-23-000069.md) | [0.05](/filings/0000046765-24-000076.md) | [4.16](/filings/0000046765-25-000071.md) | [3.43](/filings/0000046765-25-000071.md) | [(1.66)](/filings/0000046765-25-000071.md) |
| Free cash flow | $m | [54.3](/filings/0000046765-23-000069.md) | [(17.0)](/filings/0000046765-24-000076.md) | [438](/filings/0000046765-25-000071.md) | [190](/filings/0000046765-25-000071.md) | [117](/filings/0000046765-25-000071.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/hp/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $513.3m | 15,679,163 |  | Added +406,065 |
| [STATE FARM MUTUAL AUTOMOBILE INSURANCE CO](/funds/315032.md) | 2026-06-30 | $256.7m | 7,841,430 |  | Unchanged |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $202.2m | 6,176,754 |  | Added +94,268 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $193.4m | 5,907,212 |  | Added +171,447 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $148.1m | 4,522,913 |  | Added +132,754 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $136.4m | 4,166,781 |  | Added +13,002 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $126.0m | 3,847,788 |  | Added +142,345 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $122.8m | 3,749,623 |  | Added +499,533 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $93.4m | 2,852,442 |  | Added +419,661 |
| [EARNEST PARTNERS LLC](/funds/1102578.md) | 2026-06-30 | $90.0m | 2,749,682 |  | Reduced −89,954 |

## Recent filings

[All 1,706 filings](/companies/hp/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-07 | 16:20 ET | [8-K](/filings/0000046765-26-000055.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000046765-26-000055 |
| 2026-09-22 | 20:04 ET | [8-K](/filings/0000046765-26-000051.md) | 5.02 Departure or appointment of officers or directors | 0000046765-26-000051 |
| 2026-09-16 | 20:20 ET | [8-K](/filings/0000046765-26-000044.md) | 8.01 Other events | 0000046765-26-000044 |
| 2026-08-06 | 20:16 ET | [10-Q](/filings/0000046765-26-000042.md) | Quarterly report, period 2026-06-30 | 0000046765-26-000042 |
| 2026-08-05 | 20:21 ET | [8-K](/filings/0000046765-26-000039.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000046765-26-000039 |
| 2026-06-03 | 20:11 ET | [8-K](/filings/0000046765-26-000036.md) | 8.01 Other events | 0000046765-26-000036 |
| 2026-05-07 | 20:22 ET | [10-Q](/filings/0000046765-26-000034.md) | Quarterly report, period 2026-03-31 | 0000046765-26-000034 |
| 2026-05-06 | 20:29 ET | [8-K](/filings/0000046765-26-000025.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000046765-26-000025 |
| 2026-03-16 | 20:50 ET | [8-K](/filings/0000046765-26-000020.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000046765-26-000020 |
| 2026-03-06 | 21:37 ET | [8-K](/filings/0000046765-26-000017.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results | 0000046765-26-000017 |

## Latest annual report

[Form 10-K for the fiscal year ended Sep 30, 2025](/filings/0000046765-25-000071.md), filed Nov 21, 2025.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 46765
- Tickers: HP
- Exchange: NYSE
- SIC code: 1381 Drilling Oil & Gas Wells
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:18 ET. No prices; not investment advice.