---
schema_version: "secwatch.filing_event.v1"
accession: "0000046765-25-000006"
form_type: "8-K"
ticker: "HP"
cik: "0000046765"
company_name: "Helmerich & Payne, Inc."
filed_at: "2025-02-05T23:59:59+00:00"
generated_at: "2026-05-27T02:59:15.156297+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# H&P reports Q1 net income down 26% YoY to $55M; KCA Deutag acquisition closed

## Summary
- Diluted EPS $0.54 vs. $0.76 prior quarter; includes $(0.17) in after-tax special items.
- Revenue $677M, down 2.5% from Q4FY24; NAS segment revenue $598M with 148 active rigs.
- Acquisition of KCA Deutag completed Jan 16, adding ~$5.5B backlog and 65 rigs in Middle East.
- Q2 FY25 guidance: NAS direct margins $240-260M, International Solutions combined $28-47M.
- Quarterly dividend maintained at $0.25/share, payable Feb 28, 2025.

## SEC filing metadata
- accession: 0000046765-25-000006
- form_type: 8-K
- ticker: HP
- cik: 0000046765
- company_name: Helmerich & Payne, Inc.
- filed_at: 2025-02-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46765/000004676525000006/0000046765-25-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46765/000004676525000006/hp-20250205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046765-25-000006
- JSON: https://secwatch.observer/filing/0000046765-25-000006.json
- Plain text: https://secwatch.observer/filing/0000046765-25-000006.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.