Helix Energy Solutions Group (HLX) Revenue & Revenue Breakdown

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Helix Energy Solutions Group Revenue Highlights

Latest Revenue (Y)

$1.29B

Latest Revenue (Q)

$342.42M

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
2024-09-30	$342.42M	-6.13%
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 $342.42M in revenue during Q3 2024, up -6.13% compared to the previous quarter, and up 110.88% 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	Sep 24	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
Service, Other	$4.59M	$2.89M	$2.37M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Renewables	$42.80M	$50.49M	$24.17M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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
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
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

Helix Energy Solutions Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Renewables (90.32%), and Service, Other (9.68%).

Helix Energy Solutions Group Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
United States	$447.20M	$232.66M	-	-	-
Other	$89.49M	$60.73M	-	-	-
Brazil	$81.94M	$154.33M	-	-	-
West Africa	$87.49M	$126.86M	-	-	-
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	$2.19B
FTI	TechnipFMC	$7.82B	$2.35B
OII	Oceaneering	$2.42B	$679.81M
RES	RPC	$1.62B	$337.65M
HLX	Helix Energy Solutions Group	$1.29B	$342.42M
VTOL	Bristow Group	$1.23B	$365.12M
WHD	Cactus	$1.10B	$293.18M
OIS	Oil States	$782.28M	-
NR	Newpark Resources	$749.60M	$-188.15M
RNGR	Ranger Energy Services	$636.60M	$153.00M
DRQ	Dril-Quip	$2.56M	$120.34M

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 Q3 2024 was $342.42M, a -6.13% decrease from the previous quarter (Q2 2024), and a -13.46% decrease year-over-year (Q3 2023). The company'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). HLX'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).

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.