Helix Energy Solutions Group (HLX) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Helix Energy Solutions Group Revenue Highlights

Latest Revenue (Y)

$1.29B

Latest Revenue (Q)

$376.96M

Main Segment (Y)

Renewables

Main Geography (Y)

UNITED STATES

Helix Energy Solutions Group Revenue by Period

Helix Energy Solutions Group Revenue by Year

Date	Revenue	Change
2025-12-31	$1.29B	-4.94%
2024-12-31	$1.36B	5.34%
2023-12-31	$1.29B	47.72%
2022-12-31	$873.10M	29.40%
2021-12-31	$674.73M	-8.02%
2020-12-31	$733.55M	-2.44%
2019-12-31	$751.91M	1.63%
2018-12-31	$739.82M	27.25%
2017-12-31	$581.38M	19.24%
2016-12-31	$487.58M	-29.93%
2015-12-31	$695.80M	-37.15%
2014-12-31	$1.11B	26.31%
2013-12-31	$876.56M	3.60%
2012-12-31	$846.11M	-39.50%
2011-12-31	$1.40B	16.57%
2010-12-31	$1.20B	-17.91%
2009-12-31	$1.46B	-31.96%
2008-12-31	$2.15B	21.55%
2007-12-31	$1.77B	29.30%
2006-12-31	$1.37B	70.98%
2005-12-31	$799.47M	47.13%
2004-12-31	$543.39M	37.13%
2003-12-31	$396.27M	30.91%
2002-12-31	$302.70M	33.27%
2001-12-31	$227.14M	25.48%
2000-12-31	$181.01M	12.43%
1999-12-31	$161.00M	5.99%
1998-12-31	$151.90M	38.85%
1997-12-31	$109.40M	43.76%
1996-12-31	$76.10M	102.93%
1995-12-31	$37.50M	-

Helix Energy Solutions Group generated $1.29B in revenue during NA 2025, up -4.94% compared to the previous quarter, and up 176.06% compared to the same period a year ago.

Helix Energy Solutions Group Revenue by Quarter

Date	Revenue	Change
2025-09-30	$376.96M	24.70%
2025-06-30	$302.29M	8.71%
2025-03-31	$278.06M	-21.70%
2024-12-31	$355.13M	3.71%
2024-09-30	$342.42M	-6.13%
2024-06-30	$364.80M	23.15%
2024-03-31	$296.21M	-11.62%
2023-12-31	$335.16M	-15.29%
2023-09-30	$395.67M	28.12%
2023-06-30	$308.82M	23.49%
2023-03-31	$250.08M	-13.11%
2022-12-31	$287.82M	5.60%
2022-09-30	$272.55M	67.61%
2022-06-30	$162.61M	8.32%
2022-03-31	$150.13M	-10.99%
2021-12-31	$168.66M	-6.67%
2021-09-30	$180.72M	11.59%
2021-06-30	$161.94M	-0.90%
2021-03-31	$163.41M	2.20%
2020-12-31	$159.90M	-17.36%
2020-09-30	$193.49M	-2.84%
2020-06-30	$199.15M	10.01%
2020-03-31	$181.02M	6.02%
2019-12-31	$170.75M	-19.69%
2019-09-30	$212.61M	5.39%
2019-06-30	$201.73M	20.92%
2019-03-31	$166.82M	5.35%
2018-12-31	$158.36M	-25.51%
2018-09-30	$212.57M	3.89%
2018-06-30	$204.63M	24.57%
2018-03-31	$164.26M	0.61%
2017-12-31	$163.27M	0.00%
2017-09-30	$163.26M	8.60%
2017-06-30	$150.33M	43.82%
2017-03-31	$104.53M	-18.36%
2016-12-31	$128.03M	-20.60%
2016-09-30	$161.25M	50.32%
2016-06-30	$107.27M	17.83%
2016-03-31	$91.04M	-42.26%
2015-12-31	$157.68M	-13.58%
2015-09-30	$182.46M	9.91%
2015-06-30	$166.02M	-12.46%
2015-03-31	$189.64M	-8.46%
2014-12-31	$207.16M	-39.22%
2014-09-30	$340.84M	11.54%
2014-06-30	$305.59M	20.51%
2014-03-31	$253.57M	11.79%
2013-12-31	$226.84M	3.05%
2013-09-30	$220.12M	-5.19%
2013-06-30	$232.18M	17.60%
2013-03-31	$197.43M	-41.28%
2012-12-31	$336.23M	-
2012-09-30	$336.23M	-3.21%
2012-06-30	$347.39M	-14.84%
2012-03-31	$407.93M	2.96%
2011-12-31	$396.19M	6.36%
2011-09-30	$372.50M	10.10%
2011-06-30	$338.32M	16.02%
2011-03-31	$291.61M	-4.81%
2010-12-31	$306.34M	-21.99%
2010-09-30	$392.67M	31.21%
2010-06-30	$299.26M	48.47%
2010-03-31	$201.57M	11.95%
2009-12-31	$180.05M	-16.65%
2009-09-30	$216.03M	-56.33%
2009-06-30	$494.64M	-13.37%
2009-03-31	$570.98M	5.56%
2008-12-31	$540.90M	-12.22%
2008-09-30	$616.22M	14.01%
2008-06-30	$540.49M	19.91%
2008-03-31	$450.74M	-9.90%
2007-12-31	$500.24M	-

Helix Energy Solutions Group generated $376.96M in revenue during Q3 2025, up 24.70% compared to the previous quarter, and up 103.33% compared to the same period a year ago.

Helix Energy Solutions Group Revenue Breakdown

Helix Energy Solutions Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 22	Dec 21	Dec 20
Renewables	$157.30M	$152.31M	-	-	-
Service, Other	$27.80M	$14.79M	-	-	-
Well Intervention	-	-	$395.87M	$308.73M	$206.81M
Production Facilities	-	-	$82.31M	$69.35M	$58.30M
Robotics	-	-	$97.53M	$89.67M	$117.44M

Helix Energy Solutions Group's latest annual revenue breakdown by segment (product or service), as of Dec 25: Renewables (84.98%), and Service, Other (15.02%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Service, Other	$8.46M	$5.50M	$7.58M	$6.25M	$4.94M	$4.59M	$2.89M	$2.37M	-	-	-	-	-	-	-	-	-	-	-	-
Renewables	$48.36M	$50.10M	$41.99M	$16.85M	$34.84M	$42.80M	$50.49M	$24.17M	-	-	-	-	-	-	-	-	-	-	-	-
Production Facilities	-	-	-	-	-	-	-	-	$23.13M	$20.91M	$27.89M	$18.45M	$17.68M	$18.29M	$20.13M	$18.55M	$14.22M	$16.45M	$15.00M	$14.17M
Robotics	-	-	-	-	-	-	-	-	$70.05M	$49.22M	$48.54M	$56.18M	$49.85M	$37.35M	$40.87M	$42.62M	$31.65M	$22.16M	$42.12M	$49.80M
Well Intervention	-	-	-	-	-	-	-	-	$154.22M	$142.44M	$167.66M	$143.93M	$106.29M	$106.37M	$119.18M	$131.31M	$132.31M	$133.77M	$111.95M	$140.80M

Helix Energy Solutions Group's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Renewables (85.10%), and Service, Other (14.90%).

Helix Energy Solutions Group Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 22	Dec 21	Dec 20
North Sea	$272.25M	$249.97M	-	-	-
Other	$6.23M	$86.11M	$89.49M	$60.73M	-
UNITED STATES	$494.54M	$542.86M	$304.56M	-	-
BRAZIL	$354.51M	$185.54M	$208.56M	-	-
Asia Pacific	$68.42M	$222.12M	-	-	-
Africa	$95.52M	$71.96M	-	-	-
West Africa	-	-	$87.49M	$126.86M	-
United States	-	-	$447.20M	$232.66M	-
Brazil	-	-	$81.94M	$154.33M	-
Other Geographic Location	-	-	-	-	$87.42M

Helix Energy Solutions Group's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (38.29%), BRAZIL (27.45%), North Sea (21.08%), Africa (7.40%), Asia Pacific (5.30%), and Other (0.48%).

Helix Energy Solutions Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MRC	MRC Global	$3.01B	$678.00M
ACDC	ProFrac	$1.94B	$403.10M
DEC	Diversified Energy	$1.83B	$387.04M
RES	RPC	$1.63B	$447.10M
NESR	National Energy Services Reunited	$1.32B	$336.20M
VTOL	Bristow Group	$1.30B	$386.29M
HLX	Helix Energy Solutions Group	$1.29B	$376.96M
PUMP	ProPetro	$1.27B	-
TTI	TETRA	$630.93M	$153.24M
CLB	Core Laboratories	$523.85M	$134.52M
NPKI	NPK	$277.04M	$57.52M

HLX Revenue FAQ

What is Helix Energy Solutions Group’s yearly revenue?

Helix Energy Solutions Group's yearly revenue for 2025 was $1.29B, representing a decrease of -4.94% compared to 2024. The company's yearly revenue for 2024 was $1.36B, representing an increase of 5.34% compared to 2023. HLX's yearly revenue for 2023 was $1.29B, representing an increase of 47.72% compared to 2022.

What is Helix Energy Solutions Group’s quarterly revenue?

Helix Energy Solutions Group's quarterly revenue for Q3 2025 was $376.96M, a 24.70% increase from the previous quarter (Q2 2025), and a 10.09% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $302.29M, a 8.71% increase from the previous quarter (Q1 2025), and a -17.14% decrease year-over-year (Q2 2024). HLX's quarterly revenue for Q1 2025 was $278.06M, a -21.70% decrease from the previous quarter (Q4 2024), and a -6.13% decrease year-over-year (Q1 2024).

What is Helix Energy Solutions Group’s revenue growth rate?

Helix Energy Solutions Group's revenue growth rate for the last 3 years (2023-2025) was 0.14%, and for the last 5 years (2021-2025) was 91.41%.

What are Helix Energy Solutions Group’s revenue streams?

Helix Energy Solutions Group's revenue streams in c 25 are Renewables, and Service, Other. Renewables generated $157.3M in revenue, accounting 84.98% of the company's total revenue, up 3.28% year-over-year. Service, Other generated $27.8M in revenue, accounting 15.02% of the company's total revenue, up 87.94% year-over-year.

What is Helix Energy Solutions Group’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Helix Energy Solutions Group was Renewables. This segment made a revenue of $157.3M, representing 84.98% of the company's total revenue.