Helix Energy Solutions Group (HLX) Revenue & Revenue Breakdown
Helix Energy Solutions Group Revenue Highlights
Latest Revenue (Y)
$1.29B
Latest Revenue (Q)
$364.80M
Main Segment (Y)
Well Intervention
Main Geography (Y)
United States
Helix Energy Solutions Group Revenue by Period
Helix Energy Solutions Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.29B | 47.72% |
| 2022-12-31 | $873.10M | 29.40% |
| 2021-12-31 | $674.73M | -8.02% |
| 2020-12-31 | $733.55M | -2.44% |
| 2019-12-31 | $751.91M | 1.63% |
| 2018-12-31 | $739.82M | 27.25% |
| 2017-12-31 | $581.38M | 19.24% |
| 2016-12-31 | $487.58M | -29.93% |
| 2015-12-31 | $695.80M | -37.15% |
| 2014-12-31 | $1.11B | 26.31% |
| 2013-12-31 | $876.56M | 3.60% |
| 2012-12-31 | $846.11M | -39.50% |
| 2011-12-31 | $1.40B | 16.57% |
| 2010-12-31 | $1.20B | -17.91% |
| 2009-12-31 | $1.46B | -31.96% |
| 2008-12-31 | $2.15B | 21.55% |
| 2007-12-31 | $1.77B | 29.30% |
| 2006-12-31 | $1.37B | 70.98% |
| 2005-12-31 | $799.47M | 47.13% |
| 2004-12-31 | $543.39M | 37.13% |
| 2003-12-31 | $396.27M | 30.91% |
| 2002-12-31 | $302.70M | 33.27% |
| 2001-12-31 | $227.14M | 25.48% |
| 2000-12-31 | $181.01M | 12.43% |
| 1999-12-31 | $161.00M | 5.99% |
| 1998-12-31 | $151.90M | 38.85% |
| 1997-12-31 | $109.40M | 43.76% |
| 1996-12-31 | $76.10M | 102.93% |
| 1995-12-31 | $37.50M | - |
Helix Energy Solutions Group generated $1.29B in revenue during NA 2023, up 47.72% compared to the previous quarter, and up 174.33% compared to the same period a year ago.
Helix Energy Solutions Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $364.80M | 23.15% |
| 2024-03-31 | $296.21M | -11.62% |
| 2023-12-31 | $335.16M | -15.29% |
| 2023-09-30 | $395.67M | 28.12% |
| 2023-06-30 | $308.82M | 23.49% |
| 2023-03-31 | $250.08M | -13.11% |
| 2022-12-31 | $287.82M | 5.60% |
| 2022-09-30 | $272.55M | 67.61% |
| 2022-06-30 | $162.61M | 8.32% |
| 2022-03-31 | $150.13M | -10.99% |
| 2021-12-31 | $168.66M | -6.67% |
| 2021-09-30 | $180.72M | 11.59% |
| 2021-06-30 | $161.94M | -0.90% |
| 2021-03-31 | $163.41M | 2.20% |
| 2020-12-31 | $159.90M | -17.36% |
| 2020-09-30 | $193.49M | -2.84% |
| 2020-06-30 | $199.15M | 10.01% |
| 2020-03-31 | $181.02M | 6.02% |
| 2019-12-31 | $170.75M | -19.69% |
| 2019-09-30 | $212.61M | 5.39% |
| 2019-06-30 | $201.73M | 20.92% |
| 2019-03-31 | $166.82M | 5.35% |
| 2018-12-31 | $158.36M | -25.51% |
| 2018-09-30 | $212.57M | 3.89% |
| 2018-06-30 | $204.63M | 24.57% |
| 2018-03-31 | $164.26M | 0.61% |
| 2017-12-31 | $163.27M | 0.00% |
| 2017-09-30 | $163.26M | 8.60% |
| 2017-06-30 | $150.33M | 43.82% |
| 2017-03-31 | $104.53M | -18.36% |
| 2016-12-31 | $128.03M | -20.60% |
| 2016-09-30 | $161.25M | 50.32% |
| 2016-06-30 | $107.27M | 17.83% |
| 2016-03-31 | $91.04M | -42.26% |
| 2015-12-31 | $157.68M | -13.58% |
| 2015-09-30 | $182.46M | 9.91% |
| 2015-06-30 | $166.02M | -12.46% |
| 2015-03-31 | $189.64M | -8.46% |
| 2014-12-31 | $207.16M | -39.22% |
| 2014-09-30 | $340.84M | 11.54% |
| 2014-06-30 | $305.59M | 20.51% |
| 2014-03-31 | $253.57M | 11.79% |
| 2013-12-31 | $226.84M | 3.05% |
| 2013-09-30 | $220.12M | -5.19% |
| 2013-06-30 | $232.18M | 17.60% |
| 2013-03-31 | $197.43M | -41.28% |
| 2012-12-31 | $336.23M | - |
| 2012-09-30 | $336.23M | -3.21% |
| 2012-06-30 | $347.39M | -14.84% |
| 2012-03-31 | $407.93M | 2.96% |
| 2011-12-31 | $396.19M | 6.36% |
| 2011-09-30 | $372.50M | 10.10% |
| 2011-06-30 | $338.32M | 16.02% |
| 2011-03-31 | $291.61M | -4.81% |
| 2010-12-31 | $306.34M | -21.99% |
| 2010-09-30 | $392.67M | 31.21% |
| 2010-06-30 | $299.26M | 48.47% |
| 2010-03-31 | $201.57M | 11.95% |
| 2009-12-31 | $180.05M | -16.65% |
| 2009-09-30 | $216.03M | -56.33% |
| 2009-06-30 | $494.64M | -13.37% |
| 2009-03-31 | $570.98M | 5.56% |
| 2008-12-31 | $540.90M | -12.22% |
| 2008-09-30 | $616.22M | 14.01% |
| 2008-06-30 | $540.49M | 19.91% |
| 2008-03-31 | $450.74M | -9.90% |
| 2007-12-31 | $500.24M | - |
Helix Energy Solutions Group generated $364.80M in revenue during Q2 2024, up 23.15% compared to the previous quarter, and up 145.87% compared to the same period a year ago.
Helix Energy Solutions Group Revenue Breakdown
Helix Energy Solutions Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Well Intervention | $395.87M | $308.73M | $206.81M | $214.93M | $199.29M |
| Production Facilities | $82.31M | $69.35M | $58.30M | $61.21M | - |
| Robotics | $97.53M | $89.67M | $117.44M | $94.50M | $89.07M |
Helix Energy Solutions Group's latest annual revenue breakdown by segment (product or service), as of Dec 22: Well Intervention (68.76%), Robotics (16.94%), and Production Facilities (14.30%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service, Other | $2.89M | $2.37M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Renewables | $50.49M | $24.17M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Robotics | - | - | $70.05M | $49.22M | $48.54M | $56.18M | $49.85M | $37.35M | $40.87M | $42.62M | $31.65M | $22.16M | $42.12M | $49.80M | $50.84M | $35.26M | $35.28M | $51.91M | $45.45M | $39.04M |
| Well Intervention | - | - | $154.22M | $142.44M | $167.66M | $143.93M | $106.29M | $106.37M | $119.18M | $131.31M | $132.31M | $133.77M | $111.95M | $140.80M | $145.84M | $140.65M | $141.79M | $170.21M | $159.07M | $122.23M |
| Production Facilities | - | - | $23.13M | $20.91M | $27.89M | $18.45M | $17.68M | $18.29M | $20.13M | $18.55M | $14.22M | $16.45M | $15.00M | $14.17M | $13.59M | $15.54M | $16.56M | $13.78M | $15.62M | $15.25M |
Helix Energy Solutions Group's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Renewables (94.59%), and Service, Other (5.41%).
Helix Energy Solutions Group Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Brazil | $81.94M | $154.33M | - | - | - |
| West Africa | $87.49M | $126.86M | - | - | - |
| United States | $447.20M | $232.66M | - | - | - |
| Other | $89.49M | $60.73M | - | - | - |
| BRAZIL | - | - | $208.56M | $216.80M | $208.05M |
| UNITED STATES | - | - | $304.56M | $297.16M | $271.26M |
| Other Geographic Location | - | - | $87.42M | $44.05M | $66.07M |
Helix Energy Solutions Group's latest annual revenue breakdown by geography, as of Dec 22: United States (63.33%), Other (12.67%), West Africa (12.39%), and Brazil (11.60%).
Helix Energy Solutions Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| NOV | NOV | $8.58B | $2.22B |
| FTI | TechnipFMC | $7.82B | $2.33B |
| OII | Oceaneering | $2.42B | $668.81M |
| RES | RPC | $1.62B | $364.15M |
| HLX | Helix Energy Solutions Group | $1.29B | $364.80M |
| VTOL | Bristow Group | $1.23B | $338.09M |
| WHD | Cactus | $1.10B | $290.39M |
| OIS | Oil States | $782.28M | - |
| NR | Newpark Resources | $749.60M | $179.01M |
| RNGR | Ranger Energy Services | $636.60M | $138.10M |
| DRQ | Dril-Quip | $2.56M | $110.30M |
HLX Revenue FAQ
What is Helix Energy Solutions Group’s yearly revenue?
Helix Energy Solutions Group's yearly revenue for 2023 was $1.29B, representing an increase of 47.72% compared to 2022. The company's yearly revenue for 2022 was $873.1M, representing an increase of 29.40% compared to 2021. HLX's yearly revenue for 2021 was $674.73M, representing a decrease of -8.02% compared to 2020.
What is Helix Energy Solutions Group’s quarterly revenue?
Helix Energy Solutions Group's quarterly revenue for Q2 2024 was $364.8M, a 23.15% increase from the previous quarter (Q1 2024), and a 18.13% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $296.21M, a -11.62% decrease from the previous quarter (Q4 2023), and a 18.44% increase year-over-year (Q1 2023). HLX's quarterly revenue for Q4 2023 was $335.16M, a -15.29% decrease from the previous quarter (Q3 2023), and a 16.45% increase year-over-year (Q4 2022).
What is Helix Energy Solutions Group’s revenue growth rate?
Helix Energy Solutions Group's revenue growth rate for the last 3 years (2021-2023) was 91.15%, and for the last 5 years (2019-2023) was 71.53%.
What are Helix Energy Solutions Group’s revenue streams?
Helix Energy Solutions Group's revenue streams in c 22 are Well Intervention, Production Facilities, and Robotics. Well Intervention generated $395.87M in revenue, accounting 68.76% of the company's total revenue, up 28.22% year-over-year. Production Facilities generated $82.32M in revenue, accounting 14.30% of the company's total revenue, up 18.70% year-over-year. Robotics generated $97.53M in revenue, accounting 16.94% of the company's total revenue, up 8.77% year-over-year.
What is Helix Energy Solutions Group’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Helix Energy Solutions Group was Well Intervention. This segment made a revenue of $395.87M, representing 68.76% of the company's total revenue.