---
schema_version: "secwatch.filing_event.v1"
accession: "0000866829-22-000017"
form_type: "8-K"
ticker: "HLX"
cik: "0000866829"
company_name: "HELIX ENERGY SOLUTIONS GROUP INC"
filed_at: "2022-07-26T23:59:59+00:00"
generated_at: "2026-06-24T08:59:21.656063+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Helix Q2 net loss $29.7M ($0.20/sh); revenue $162.6M; acquires Alliance for $120M cash

## Summary
- Net loss $29.7M, improved from Q1 loss of $42.0M but worse than Q2 2021 loss of $13.7M.
- Revenue $162.6M (+8% QoQ, roughly flat YoY); adjusted EBITDA $16.8M vs $2.5M in Q1.
- Robotics revenue up 33% QoQ and 57% YoY to $49.9M on higher vessel/ROV utilization.
- Well Intervention loss from ops narrowed to $22.5M from $31.8M in Q1; utilization 67%.
- Closed Alliance acquisition July 1 for ~$120M cash; issued first full-year 2022 guidance.

## SEC filing metadata
- accession: 0000866829-22-000017
- form_type: 8-K
- ticker: HLX
- cik: 0000866829
- company_name: HELIX ENERGY SOLUTIONS GROUP INC
- filed_at: 2022-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866829/000086682922000017/0000866829-22-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866829/000086682922000017/hlx-20220725x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866829-22-000017
- JSON: https://secwatch.observer/filing/0000866829-22-000017.json
- Plain text: https://secwatch.observer/filing/0000866829-22-000017.txt

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