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

DateRevenueChange
2023-12-31$1.29B47.72%
2022-12-31$873.10M29.40%
2021-12-31$674.73M-8.02%
2020-12-31$733.55M-2.44%
2019-12-31$751.91M1.63%
2018-12-31$739.82M27.25%
2017-12-31$581.38M19.24%
2016-12-31$487.58M-29.93%
2015-12-31$695.80M-37.15%
2014-12-31$1.11B26.31%
2013-12-31$876.56M3.60%
2012-12-31$846.11M-39.50%
2011-12-31$1.40B16.57%
2010-12-31$1.20B-17.91%
2009-12-31$1.46B-31.96%
2008-12-31$2.15B21.55%
2007-12-31$1.77B29.30%
2006-12-31$1.37B70.98%
2005-12-31$799.47M47.13%
2004-12-31$543.39M37.13%
2003-12-31$396.27M30.91%
2002-12-31$302.70M33.27%
2001-12-31$227.14M25.48%
2000-12-31$181.01M12.43%
1999-12-31$161.00M5.99%
1998-12-31$151.90M38.85%
1997-12-31$109.40M43.76%
1996-12-31$76.10M102.93%
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

DateRevenueChange
2024-09-30$342.42M-6.13%
2024-06-30$364.80M23.15%
2024-03-31$296.21M-11.62%
2023-12-31$335.16M-15.29%
2023-09-30$395.67M28.12%
2023-06-30$308.82M23.49%
2023-03-31$250.08M-13.11%
2022-12-31$287.82M5.60%
2022-09-30$272.55M67.61%
2022-06-30$162.61M8.32%
2022-03-31$150.13M-10.99%
2021-12-31$168.66M-6.67%
2021-09-30$180.72M11.59%
2021-06-30$161.94M-0.90%
2021-03-31$163.41M2.20%
2020-12-31$159.90M-17.36%
2020-09-30$193.49M-2.84%
2020-06-30$199.15M10.01%
2020-03-31$181.02M6.02%
2019-12-31$170.75M-19.69%
2019-09-30$212.61M5.39%
2019-06-30$201.73M20.92%
2019-03-31$166.82M5.35%
2018-12-31$158.36M-25.51%
2018-09-30$212.57M3.89%
2018-06-30$204.63M24.57%
2018-03-31$164.26M0.61%
2017-12-31$163.27M0.00%
2017-09-30$163.26M8.60%
2017-06-30$150.33M43.82%
2017-03-31$104.53M-18.36%
2016-12-31$128.03M-20.60%
2016-09-30$161.25M50.32%
2016-06-30$107.27M17.83%
2016-03-31$91.04M-42.26%
2015-12-31$157.68M-13.58%
2015-09-30$182.46M9.91%
2015-06-30$166.02M-12.46%
2015-03-31$189.64M-8.46%
2014-12-31$207.16M-39.22%
2014-09-30$340.84M11.54%
2014-06-30$305.59M20.51%
2014-03-31$253.57M11.79%
2013-12-31$226.84M3.05%
2013-09-30$220.12M-5.19%
2013-06-30$232.18M17.60%
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$407.93M2.96%
2011-12-31$396.19M6.36%
2011-09-30$372.50M10.10%
2011-06-30$338.32M16.02%
2011-03-31$291.61M-4.81%
2010-12-31$306.34M-21.99%
2010-09-30$392.67M31.21%
2010-06-30$299.26M48.47%
2010-03-31$201.57M11.95%
2009-12-31$180.05M-16.65%
2009-09-30$216.03M-56.33%
2009-06-30$494.64M-13.37%
2009-03-31$570.98M5.56%
2008-12-31$540.90M-12.22%
2008-09-30$616.22M14.01%
2008-06-30$540.49M19.91%
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/ServiceDec 22Dec 21Dec 20Dec 19Dec 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/ServiceSep 24Jun 24Mar 24Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 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

CountryDec 22Dec 21Dec 20Dec 19Dec 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


TickerCompanyLast Year RevenueLast Quarter Revenue
NOVNOV$8.58B$2.19B
FTITechnipFMC$7.82B$2.35B
OIIOceaneering$2.42B$679.81M
RESRPC$1.62B$337.65M
HLXHelix Energy Solutions Group$1.29B$342.42M
VTOLBristow Group$1.23B$338.09M
WHDCactus$1.10B$293.18M
OISOil States$782.28M-
NRNewpark Resources$749.60M$179.01M
RNGRRanger Energy Services$636.60M$153.00M
DRQDril-Quip$2.56M$110.30M

HLX Revenue FAQ


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.

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).

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%.

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.

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.