---
schema_version: "secwatch.filing_event.v1"
accession: "0000046765-25-000046"
form_type: "8-K"
ticker: "HP"
cik: "0000046765"
company_name: "Helmerich & Payne, Inc."
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T20:06:41.711726+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Helmerich & Payne Q3 net loss $1.64/shr; goodwill impairment $173M

## Summary
- 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.

## SEC filing metadata
- accession: 0000046765-25-000046
- form_type: 8-K
- ticker: HP
- cik: 0000046765
- company_name: Helmerich & Payne, Inc.
- filed_at: 2025-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/46765/000004676525000046/0000046765-25-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46765/000004676525000046/hp-20250806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046765-25-000046
- JSON: https://secwatch.observer/filing/0000046765-25-000046.json
- Plain text: https://secwatch.observer/filing/0000046765-25-000046.txt

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