Helix Energy Solutions Group, Inc. (HLX)

HLX Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	652.23	445.2	368.03	332.19	186.6	253.52
Cash & Short-Term Investments	652.23	445.2	368.03	332.19	186.6	253.52
Cash Growth	103.99%	20.97%	10.79%	78.02%	-26.39%	-12.98%
Accounts Receivable	214.28	314.81	270.85	286.25	219.07	144.78
Other Receivables	14.65	7.38	2.64	-	-	29.92
Receivables	228.93	322.19	273.49	286.25	219.07	174.7
Prepaid Expenses	30.52	29.35	26.78	28.35	26.61	18.23
Restricted Cash	-	-	-	-	2.51	73.61
Other Current Assets	27.78	28.26	41.39	51.05	25.8	9.49
Total Current Assets	939.47	824.99	709.68	697.84	460.59	529.54
Property, Plant & Equipment	1,520	1,665	1,768	1,742	1,839	1,762
Other Intangible Assets	2.13	3.26	3.63	4.11	4.47	3.47
Long-Term Deferred Charges	66.28	81.26	77.07	71.88	45.21	16.67
Other Long-Term Assets	42.46	41.25	39.2	40.13	39.61	14.51
Total Assets	2,570	2,616	2,597	2,556	2,389	2,326

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	124.05	134.29	144.79	134.55	135.27	87.96
Accrued Expenses	67.09	77.84	75.54	83.41	63.13	53.78
Current Portion of Long-Term Debt	9.52	9.64	9.19	48.29	38.2	42.87
Current Portion of Leases	64.79	60.8	59.98	62.66	50.91	55.74
Current Income Taxes Payable	-	-	-	1.94	0.48	-
Current Unearned Revenue	5.67	17.12	14.91	32.76	9.96	8.27
Other Current Liabilities	-	-	-	85	-	29.66
Total Current Liabilities	271.12	299.68	304.42	448.62	297.96	278.28
Long-Term Debt	294.79	298.35	305.97	313.43	225.88	262.14
Long-Term Leases	241.3	260.96	285.98	116.19	154.69	50.2
Long-Term Unearned Revenue	-	-	0.7	-	-	0.48
Long-Term Deferred Tax Liabilities	104.77	105.57	113.97	110.56	98.88	86.97
Other Long-Term Liabilities	74.39	71.43	66.27	66.25	95.23	0.5
Total Liabilities	986.36	1,036	1,077	1,055	872.63	678.56

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1,222	1,218	1,252	1,272	1,299	1,292
Retained Earnings	408.23	398.91	368.09	312.45	323.29	411.07
Comprehensive Income & Other	-46.93	-37.5	-100.58	-83.02	-105.32	-56.08
Total Common Equity	1,584	1,580	1,520	1,501	1,517	1,647
Shareholders' Equity	1,584	1,580	1,520	1,501	1,517	1,647
Total Liabilities & Equity	2,570	2,616	2,597	2,556	2,389	2,326

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	610.4	629.75	661.12	540.57	469.68	410.95
Net Cash (Debt)	41.84	-184.55	-293.09	-208.38	-283.07	-157.43
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	0.28	-1.24	-1.89	-1.38	-1.87	-1.05
Filing Date Shares Outstanding	147.38	147.3	150.94	152.42	152.15	151.64
Total Common Shares Outstanding	147.38	147.19	150.24	152.29	151.94	151.12
Working Capital	668.35	525.31	405.27	249.22	162.63	251.26
Book Value Per Share	10.75	10.73	10.12	9.86	9.98	10.90
Tangible Book Value	1,582	1,577	1,516	1,497	1,512	1,644
Tangible Book Value Per Share	10.73	10.71	10.09	9.83	9.95	10.88
Buildings	-	58.09	79	81.82	76.15	-
Machinery	-	3,099	2,990	2,997	2,940	2,938
Order Backlog	-	1,300	694	-	-	-

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 6, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 17, 2026

Data Sources Report a data error