---
schema_version: "secwatch.filing_event.v1"
accession: "0000866829-24-000026"
form_type: "8-K"
ticker: "HLX"
cik: "0000866829"
company_name: "HELIX ENERGY SOLUTIONS GROUP INC"
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:32:52.064635+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Helix swings to Q2 net income $32.3M; revenue $364.8M up 18% YoY

## Summary
- Net income $32.3M ($0.21/diluted) vs Q1 loss $26.3M and Q2 2023 income $7.1M.
- Revenue $364.8M, up 18% YoY and 23% QoQ; adjusted EBITDA $96.9M up 36% YoY.
- Well Intervention revenue $224.7M (+46% YoY) on higher utilization; Robotics $81.2M (+61% QoQ).
- Shallow Water Abandonment revenue $50.8M (-33% YoY); segment operating loss $0.3M.
- Repurchased 0.5M shares for $5.2M; net debt $43.6M; operating cash flow -$12.2M due to $58.3M earn-out.

## SEC filing metadata
- accession: 0000866829-24-000026
- form_type: 8-K
- ticker: HLX
- cik: 0000866829
- company_name: HELIX ENERGY SOLUTIONS GROUP INC
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866829/000086682924000026/0000866829-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866829/000086682924000026/hlx-20240724x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866829-24-000026
- JSON: https://secwatch.observer/filing/0000866829-24-000026.json
- Plain text: https://secwatch.observer/filing/0000866829-24-000026.txt

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