Helix Energy Solutions Group Inc Q1 FY2026 Earnings Call

Helix Energy Solutions Group Inc (HLX)

Earnings Call FY2026 Q1 Call date: 2026-04-23 Concluded

Quarter scorecard

Revenue

$287.95M

+3.6% YoY

Diluted EPS

$-0.09

-550% YoY

Gross margin

3.1%

-6.8 pp YoY

Net income

-$13.41M

-536.4% YoY

Decommissioning $162.96M

+40.1%

Production Maximization $79.54M

-42.6%

Renewables $36.76M

+118.1%

Service Other $8.69M

+38.9%