---
schema_version: "secwatch.filing_event.v1"
accession: "0000866829-25-000022"
form_type: "8-K"
ticker: "HLX"
cik: "0000866829"
company_name: "HELIX ENERGY SOLUTIONS GROUP INC"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:38:45.467304+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Helix Q3 net income $22.1M ($0.15 EPS), Adj. EBITDA $103.7M; raises FY2025 guidance

## Summary
- Net income $22.1M ($0.15 diluted EPS) vs Q2 loss $2.6M; Adj. EBITDA $103.7M, highest quarterly since 2014.
- Revenue $377M, up 25% QoQ; Shallow Water Abandonment rev +47%, Well Intervention +23%, Robotics +16%.
- FY2025 Adj. EBITDA guidance raised to $240-270M; FCF guided $100-140M; net debt negative $30.6M.
- Well Intervention vessel utilization 76% (72% Q2); Seawell remained warm stacked; Q4000 docking incurred.
- Signed four-year Robotics contract in North Sea and Well Intervention contract in Gulf of America (min 150 days).

## SEC filing metadata
- accession: 0000866829-25-000022
- form_type: 8-K
- ticker: HLX
- cik: 0000866829
- company_name: HELIX ENERGY SOLUTIONS GROUP INC
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866829/000086682925000022/0000866829-25-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866829/000086682925000022/hlx-20251022x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866829-25-000022
- JSON: https://secwatch.observer/filing/0000866829-25-000022.json
- Plain text: https://secwatch.observer/filing/0000866829-25-000022.txt

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