{"schema_version":"secwatch.filing_event.v1","accession":"0000866829-25-000007","form_type":"8-K","ticker":"HLX","cik":"0000866829","company_name":"HELIX ENERGY SOLUTIONS GROUP INC","filed_at":"2025-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.519764+00:00","generated_at":"2026-05-23T07:42:57.944105+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Helix reports Q1 net income $3.1M, down 85% from Q4; revenue $278M, down 22% sequentially","bullets":["Net income $3.1M ($0.02 diluted) vs $20.1M ($0.13) in Q4 2024 and net loss $26.3M in Q1 2024.","Revenue $278M, down from $355M Q4 2024; gross profit $27.5M, down 53% QoQ.","Adjusted EBITDA $52M, down from $71.6M Q4; free cash flow $12M vs $65.5M Q4.","Well Intervention revenue fell 12% QoQ; Robotics down 37%; Shallow Water down 55%.","CEO cites OPEC+ and tariff uncertainty causing customer project pauses, especially in North Sea."],"urls":{"canonical":"https://secwatch.observer/filing/0000866829-25-000007","json":"https://secwatch.observer/filing/0000866829-25-000007.json","markdown":"https://secwatch.observer/filing/0000866829-25-000007.md","text":"https://secwatch.observer/filing/0000866829-25-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/866829/000086682925000007/0000866829-25-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/866829/000086682925000007/hlx-20250423x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T07:42:57.944105+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}