Helix reported a decrease in quarterly revenue to $334.2 million compared to $355.1 million in the prior year, primarily driven by lower utilization in the Well Intervention segment. Despite seasonal impacts and a non-cash impairment charge of $18.1 million, the company maintained a strong cash position and generated significant free cash flow of $107.5 million in Q4.

Helix Energy Solutions posted revenue of $376.96 million and net income of $22.1 million ($0.15 per diluted share) for Q3 2025. Adjusted EBITDA reached $103.7 million, marking the highest quarterly level since 2014. The company benefited from higher utilization rates in Robotics and Shallow Water Abandonment while maintaining strong liquidity with $338.0 million in cash.

Helix Energy Solutions Group, Inc. reported net income of $3.1 million for the first quarter of 2025, a significant improvement from a net loss of $26.3 million in the first quarter of 2024. Adjusted EBITDA for the quarter was $52.0 million. Revenues for the quarter were $278.1 million.

Helix Energy Solutions Group, Inc. reported a net income of $20.1 million for Q4 2024, a significant improvement from a net loss in Q4 2023. Revenues increased to $355.1 million, driven by strong performance in Well Intervention and Robotics segments, despite a pullback in Shallow Water Abandonment.

Helix Energy Solutions Group reported a net income of $29.5 million for the third quarter of 2024, compared to $15.6 million for the third quarter of 2023. The company's Robotics segment performed strongly, while the Well Intervention segment was impacted by mobilization days. Despite weather disruptions in the Gulf of Mexico affecting the Shallow Water Abandonment segment, Helix secured significant well intervention contracts.

Helix Energy Solutions Group reported a net income of $32.3 million for Q2 2024, a significant increase compared to the net loss in Q1 2024 and the net income in Q2 2023. The company's performance was boosted by improvements across all segments, particularly the Robotics segment, and was aided by the settlement of the Alliance earn-out obligation and the retirement of the 2026 convertible notes.

Helix Energy Solutions Group reported a net loss of $26.3 million for Q1 2024, with revenues of $296.2 million. The company saw improvements in revenue, EBITDA, and free cash flow year-over-year, driven by high utilization in Well Intervention and good performance in Robotics. The company retired the remaining 2026 Notes and settled the Alliance earn-out during the quarter.

Helix Energy Solutions Group reported a net loss of $28.3 million for the fourth quarter of 2023. However, the company's adjusted EBITDA reached $70.6 million, marking the highest fourth quarter EBITDA since 2013. The results were driven by high utilization in the Well Intervention business, offsetting seasonal slowdowns in Robotics and Shallow Water Abandonment segments.

Helix Energy Solutions Group reported a net income of $15.6 million for the third quarter of 2023, a significant increase compared to both the previous quarter and the same period last year. The company's performance was driven by seasonally strong utilization in the North Sea and Gulf of Mexico, along with enhanced contributions from its Well Intervention, Robotics, and Shallow Water Abandonment segments.

Helix Energy Solutions Group reported a net income of $7.1 million for the second quarter of 2023, a significant improvement compared to the net loss of $29.7 million in the same quarter of the previous year. The company's adjusted EBITDA also saw a substantial increase, reaching $71.3 million compared to $16.8 million in the second quarter of 2022. This improvement was driven by increased activity in the Robotics and Shallow Water Abandonment segments, as well as strong utilization in the Well Intervention segment.

Helix Energy Solutions Group reported a net loss of $5.2 million for the first quarter of 2023, with revenues reaching $250.1 million. The company's performance was influenced by factors such as the Q7000's transit to the Asia Pacific region, regulatory inspections, and scheduled maintenance.

Helix Energy Solutions Group reported a net income of $2.7 million for the fourth quarter of 2022, a significant improvement compared to the net loss of $25.9 million in the same quarter of the previous year. The company's revenues increased to $287.8 million, driven by strong performance in the well intervention and robotics segments. Helix's adjusted EBITDA also saw a substantial increase, reaching $49.2 million compared to $8.8 million in the fourth quarter of 2021.

Helix Energy Solutions Group reported a net loss of $18.8 million for the third quarter of 2022, but adjusted EBITDA increased to $52.6 million, reflecting improvements from the previous quarter and the inclusion of Helix Alliance.

Helix Energy Solutions Group reported a net loss of $29.7 million, or $(0.20) per diluted share, for the second quarter 2022, compared to a net loss of $13.7 million, or $(0.09) per diluted share, for the second quarter 2021. Adjusted EBITDA was $16.8 million for the second quarter 2022, compared to $24.8 million for the second quarter 2021.

Helix Energy Solutions Group reported a net loss of $42.0 million for the first quarter of 2022, with adjusted EBITDA at $2.5 million. The results were affected by vessel inspections and a slow North Sea market return. However, the company anticipates an improved outlook for the second half of 2022 and into 2023 with several long-term awards.

Helix Energy Solutions Group reported a net loss of $25.9 million for Q4 2021, compared to a net income of $4.2 million for Q4 2020. Despite the loss, the company delivered on the higher end of its EBITDA outlook and exceeded its free cash flow guidance. The company achieved zero net debt in 2021 and was net debt negative at year-end, and they expect a stronger second half of 2022 and continuing into 2023.

Helix Energy Solutions Group reported a net loss of $19.0 million, or $(0.13) per diluted share, for the third quarter 2021. The company's operating results benefitted from seasonally stronger summer activity in the North Sea and continued renewables site clearance activity. Helix reduced its debt with the repayment of its Term Loan and executed a new long-term revolving credit facility.

Helix Energy Solutions Group reported a net loss of $13.7 million for Q2 2021, compared to a net income of $5.5 million in Q2 2020. Revenues decreased to $161.9 million from $199.1 million year-over-year. Despite these challenges, the company generated strong cash flows due to improvements in working capital and disciplined capital spending.

Helix Energy Solutions Group reported a net loss of $2.9 million, or $(0.02) per diluted share, for the first quarter 2021. Adjusted EBITDA was $36.2 million. The company benefited from the recommencement of operations of the Q7000 in Nigeria, an early start-up of the Well Enhancer, and improved cost structure in the Robotics segment.

Helix Energy Solutions Group reported a net income of $4.2 million for the fourth quarter of 2020, compared to $8.1 million for the fourth quarter of 2019. Adjusted EBITDA was $35.3 million for the fourth quarter 2020, compared to $33.3 million for the fourth quarter 2019.

Helix Energy Solutions Group reported net income of $24.5 million, or $0.16 per diluted share, for the third quarter 2020 compared to $31.7 million, or $0.21 per diluted share, for the same period in 2019. Adjusted EBITDA was $52.7 million for the third quarter 2020 compared to $66.3 million for the third quarter 2019.

Helix Energy Solutions Group reported net income of $5.5 million for the second quarter of 2020, compared to $16.9 million for the same period in 2019. Adjusted EBITDA was $47.9 million for the second quarter 2020, compared to $50.3 million for the second quarter 2019. The company saw improvements due to the resumption of its long-term contract on the Q5000, the seasonal pick-up in the North Sea, and the continued expansion of its Robotics business into renewable energy operations.

Helix Energy Solutions Group reported a net loss of $11.9 million for the first quarter of 2020, compared to a net income of $1.3 million for the same period in 2019. The results were impacted by a goodwill impairment charge and tax benefits. Despite a slow start, the company expects to generate positive free cash flow in 2020.

Helix Energy Solutions Group reported a net income of $7.9 million for Q4 2019, compared to a net loss of $13.7 million for the same period in 2018. Adjusted EBITDA was $33.3 million, compared to $23.2 million in Q4 2018.