{"schema_version":"secwatch.filing_event.v1","accession":"0000866829-26-000011","form_type":"8-K","ticker":"HLX","cik":"0000866829","company_name":"HELIX ENERGY SOLUTIONS GROUP INC","filed_at":"2026-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.837476+00:00","generated_at":"2026-05-15T04:45:22.467269+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 Q1 2026 net loss of $13.4M vs year-ago profit; revenue up but costs weigh","bullets":["Diluted EPS of ($0.09) vs $0.02 in Q1 2025; net loss of $13.4M vs net income of $3.1M a year ago.","Revenue $287.9M, up 4% YoY; but gross profit fell to $8.8M (3% margin) from $27.5M (10% margin).","Adjusted EBITDA dropped to $32.3M from $52.0M in Q1 2025; free cash flow was $59.0M.","Well Intervention revenue rose 16% QoQ to $209.4M, but operating income fell $1.4M on Thunder Hawk workover costs.","Cash and cash equivalents $501.3M; net debt negative $197.5M; total liquidity $611.7M."],"urls":{"canonical":"https://secwatch.observer/filing/0000866829-26-000011","json":"https://secwatch.observer/filing/0000866829-26-000011.json","markdown":"https://secwatch.observer/filing/0000866829-26-000011.md","text":"https://secwatch.observer/filing/0000866829-26-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/866829/000086682926000011/0000866829-26-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/866829/000086682926000011/hlx-20260422x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:45:22.467269+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":[{"claim_id":"adc0ea1be5ee017963f5893d893b6204cb4198c1","claim":"HELIX ENERGY SOLUTIONS GROUP INC reported first quarter 2026 results: revenue $ 287,946, net income $(0.09) per diluted share, EPS $(0.09) per diluted share.","evidence_excerpt":"of Results ​ ($ in thousands, except per share amounts, unaudited) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ ​ ​ 3/31/2026 ​ 3/31/2025 ​ 12/31/2025 ​ Revenues ​ $ 287,946 ​ $ 278,064 ​ $ 334,162 ​ Gross Profit ​ $ 8,828 ​ $ 27,538 ​ $ 50,663 ​ ​ ​ 3 % 10 % 15 % Net Income (Loss) ​ $ (13,406) ​ $ 3,072 ​ $ 8,270 ​ Basic Earnings (Loss) Per Share ​ $","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/866829/000086682926000011/0000866829-26-000011-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2026"},{"label":"Revenue","value":"$ 287,946"},{"label":"Net income","value":"$(0.09) per diluted share"},{"label":"EPS","value":"$(0.09) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}