earnings
confidence high
sentiment negative
materiality 0.80
Helmerich & Payne Q3 net loss $1.64/shr; goodwill impairment $173M
Helmerich & Payne, Inc.
2025-Q3 EPS reported
-$1.08
revenue$2,734,265,000
- Consolidated net loss $163M ($1.64 diluted loss); adjusted net income $22M ($0.22/shr).
- NAS operating income $158M, direct margin $266M ($19,860/day) on 147 rigs.
- International Solutions operating loss $167M includes $128M goodwill impairment from KCAD.
- Identified ~$50M of $50-75M KCAD synergy target; repaid $120M on $400M term loan, raised 2025 repayment to $200M.
- Q4 guidance: NAS direct margin $230-250M; International $22-32M; Offshore $22-30M; capex $380-395M.
item 2.02item 9.01