Helix Energy Solutions Group (HLX) Revenue & Revenue Breakdown

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Helix Energy Solutions Group Revenue Highlights

Latest Revenue (Y)

$1.36B

Latest Revenue (Q)

$302.29M

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
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 $1.36B in revenue during NA 2024, up 5.34% compared to the previous quarter, and up 180.68% compared to the same period a year ago.

Helix Energy Solutions Group Revenue by Quarter

Date	Revenue	Change
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 $302.29M in revenue during Q2 2025, up 8.71% compared to the previous quarter, and up 102.05% 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 24	Dec 22	Dec 21	Dec 20	Dec 19
Service, Other	$14.79M	-	-	-	-
Renewables	$152.31M	-	-	-	-
Robotics	-	$97.53M	$89.67M	$117.44M	$94.50M
Well Intervention	-	$395.87M	$308.73M	$206.81M	$214.93M
Production Facilities	-	$82.31M	$69.35M	$58.30M	$61.21M

Helix Energy Solutions Group's latest annual revenue breakdown by segment (product or service), as of Dec 24: Renewables (91.15%), and Service, Other (8.85%).

Quarterly Revenue by Product

Product/Service	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	Jun 20	Mar 20
Renewables	$41.99M	$16.85M	$34.84M	$42.80M	$50.49M	$24.17M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service, Other	$7.58M	$6.25M	$4.94M	$4.59M	$2.89M	$2.37M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	$13.59M	$15.54M
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	$145.84M	$140.65M
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	$50.84M	$35.26M

Helix Energy Solutions Group's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Renewables (84.71%), and Service, Other (15.29%).

Helix Energy Solutions Group Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 22	Dec 21	Dec 20	Dec 19
Other	$86.11M	$89.49M	$60.73M	-	-
UNITED STATES	$542.86M	$304.56M	$297.16M	-	-
Africa	$71.96M	-	-	-	-
Asia Pacific	$222.12M	-	-	-	-
BRAZIL	$185.54M	$208.56M	$216.80M	-	-
North Sea	$249.97M	-	-	-	-
West Africa	-	$87.49M	$126.86M	-	-
United States	-	$447.20M	$232.66M	-	-
Brazil	-	$81.94M	$154.33M	-	-
Other Geographic Location	-	-	-	$87.42M	$44.05M

Helix Energy Solutions Group's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (39.96%), North Sea (18.40%), Asia Pacific (16.35%), BRAZIL (13.66%), Other (6.34%), and Africa (5.30%).

Helix Energy Solutions Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FTI	TechnipFMC	$9.08B	$2.53B
CHX	ChampionX	$3.63B	$864.46M
OII	Oceaneering	$2.66B	$698.16M
RES	RPC	$1.41B	$420.81M
HLX	Helix Energy Solutions Group	$1.36B	$302.29M
TTI	TETRA	$599.11M	$157.14M
INVX	Innovex Downhole Solutions	$424.06M	$120.34M
OIS	Oil States	-	-

HLX Revenue FAQ

What is Helix Energy Solutions Group’s yearly revenue?

Helix Energy Solutions Group's yearly revenue for 2024 was $1.36B, representing an increase of 5.34% compared to 2023. The company's yearly revenue for 2023 was $1.29B, representing an increase of 47.72% compared to 2022. HLX's yearly revenue for 2022 was $873.1M, representing an increase of 29.40% compared to 2021.

What is Helix Energy Solutions Group’s quarterly revenue?

Helix Energy Solutions Group'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). The company'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). HLX's quarterly revenue for Q4 2024 was $355.13M, a 3.71% increase from the previous quarter (Q3 2024), and a 5.96% increase year-over-year (Q4 2023).

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

Helix Energy Solutions Group's revenue growth rate for the last 3 years (2022-2024) was 55.60%, and for the last 5 years (2020-2024) was 85.20%.

What are Helix Energy Solutions Group’s revenue streams?

Helix Energy Solutions Group's revenue streams in c 24 are Service, Other, and Renewables. Service, Other generated $14.79M in revenue, accounting 8.85% of the company's total revenue Renewables generated $152.31M in revenue, accounting 91.15% of the company's total revenue

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

For the fiscal year ending Dec 24, the largest source of revenue of Helix Energy Solutions Group was Renewables. This segment made a revenue of $152.31M, representing 91.15% of the company's total revenue.