Helmerich and Payne Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Helmerich and Payne Inc (HP). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| North America Solutions | $1.47B 83.1% | $1.03B 84.2% · -30.4% | $1.79B 86.8% · +74.2% | $2.52B 88.0% · +40.9% | $2.45B 89.1% · -2.9% | $2.36B 64.2% · -3.5% |
| International Solutions | $144.2M 8.1% | $57.9M 4.8% · -59.8% | $136.1M 6.6% · +134.9% | $212.6M 7.4% · +56.2% | $194.0M 7.1% · -8.7% | $797.9M 21.7% · +311.3% |
| Offshore Gulf of Mexico | $143.1M 8.1% | $126.4M 10.4% · -11.7% | $125.5M 6.1% · -0.7% | $130.2M 4.5% · +3.8% | $106.2M 3.9% · -18.5% | $520.4M 14.1% · +390.0% |
| Other | $12.2M 0.7% | $7.9M 0.6% · -35.4% | $9.2M 0.4% · +17.1% | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| North America Solutions | – | – | – | $625.4M 24.8% | $610.6M 25.0% | $580.0M 24.6% |
| International Solutions | – | – | – | $5.6M 2.6% | $4.7M 2.4% | -$291.7M -36.6% |
| Offshore Gulf of Mexico | – | – | – | $22.8M 17.5% | $12.4M 11.7% | $49.9M 9.6% |
| Other | – | – | – | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| United States | $1.63B 91.7% | $1.16B 95.0% · -28.8% | $1.92B 93.3% · +65.8% | $2.66B 92.5% · +38.4% | $2.56B 92.8% · -3.7% | $2.48B 66.2% · -3.0% |
| Saudi Arabia | – | – | – | $0 0.0% | $0 0.0% | $261.7M 7.0% |
| Norway | – | – | – | $0 0.0% | $0 0.0% | $220.3M 5.9% |
| Oman | – | – | – | $0 0.0% | $0 0.0% | $179.6M 4.8% |
| Other foreign | $3.3M 0.2% | $2.4M 0.2% · -27.5% | $2.8M 0.1% · +17.7% | $16.3M 0.6% · +471.4% | $28.1M 1.0% · +72.8% | $163.0M 4.4% · +480.2% |
| Argentina | $84.4M 4.8% | $27.9M 2.3% · -67.0% | $91.4M 4.4% · +228.1% | $137.4M 4.8% · +50.4% | $142.5M 5.2% · +3.7% | $155.7M 4.2% · +9.3% |
| Azerbaijan | – | – | – | $0 0.0% | $0 0.0% | $129.0M 3.4% |
| Germany | – | – | – | $0 0.0% | $0 0.0% | $57.6M 1.5% |
| Colombia | $6.4M 0.4% | $1.7M 0.1% · -73.9% | $22.0M 1.1% · +1,214.4% | $46.7M 1.6% · +112.3% | $9.3M 0.3% · -80.2% | $36.1M 1.0% · +289.6% |
| Bahrain | $28.7M 1.6% | $27.4M 2.3% · -4.3% | $17.0M 0.8% · -38.1% | $15.4M 0.5% · -9.3% | $18.0M 0.7% · +16.8% | $30.8M 0.8% · +71.3% |
| Kuwait | – | – | – | $0 0.0% | $0 0.0% | $30.7M 0.8% |
| United Arab Emirates | $24.7M 1.4% | $1.0M 0.1% · -96.1% | $5.7M 0.3% · +495.4% | – | – | – |
| Australia | – | $0 0.0% | $0 0.0% | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 14, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.