{"schema_version":"secwatch.filing_event.v1","accession":"0000866829-26-000004","form_type":"8-K","ticker":"HLX","cik":"0000866829","company_name":"HELIX ENERGY SOLUTIONS GROUP INC","filed_at":"2026-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.858261+00:00","generated_at":"2026-05-16T00:59:30.330378+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Helix Q4 net income $8.3M, down 63% QoQ; $18.1M impairment; cash $445M","bullets":["Q4 net income $8.3M ($0.06 diluted) vs Q3 $22.1M ($0.15) and Q4 2024 $20.1M ($0.13). Full year 2025 net income $30.8M ($0.21) vs 2024 $55.6M ($0.36).","Q4 revenue $334.2M, down 11% QoQ and 6% YoY; Well Intervention revenue fell 20% YoY; full-year revenue $1.29B.","Adjusted EBITDA Q4 $73.9M (down 29% QoQ); full year $272.0M vs $303.1M in 2024.","Non-cash impairment of Thunder Hawk oil and gas properties of $18.1M pre-tax in Q4 2025.","Free cash flow Q4 $107.5M; full year $120.4M. Cash $445.2M, negative net debt $137M. Repurchased 4.6M shares for $30.2M in 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000866829-26-000004","json":"https://secwatch.observer/filing/0000866829-26-000004.json","markdown":"https://secwatch.observer/filing/0000866829-26-000004.md","text":"https://secwatch.observer/filing/0000866829-26-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/866829/000086682926000004/0000866829-26-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/866829/000086682926000004/hlx-20260223x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T00:59:30.330378+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"}