---
schema_version: "secwatch.filing_event.v1"
accession: "0000046765-25-000026"
form_type: "8-K"
ticker: "HP"
cik: "0000046765"
company_name: "Helmerich & Payne, Inc."
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T09:38:13.984861+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Helmerich & Payne Q2 FY2025 net income $1.7M; completes KCA Deutag acquisition, raises synergy outlook to $50-75M

## Summary
- Q2 revenue $1.0B; net income $1.7M, diluted EPS $0.01; Adjusted EBITDA $242M.
- North America Solutions operating income $152M, direct margin per day $19,800, total direct margin $266M.
- International Solutions operating loss $35M on Saudi start-up costs and rig suspensions; Offshore Solutions operating income $17.4M.
- Expense synergies from KCA Deutag now expected >$25M; total cost reduction target $50-75M, full impact by FY2026.
- Repaid $25M on $400M term loan; expects to repay ~$175M in calendar 2025; Q3 guidance: NA direct margin $235-260M.

## SEC filing metadata
- accession: 0000046765-25-000026
- form_type: 8-K
- ticker: HP
- cik: 0000046765
- company_name: Helmerich & Payne, Inc.
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46765/000004676525000026/0000046765-25-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46765/000004676525000026/hp-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046765-25-000026
- JSON: https://secwatch.observer/filing/0000046765-25-000026.json
- Plain text: https://secwatch.observer/filing/0000046765-25-000026.txt

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