HORNBECK OFFSHORE SERVICES, INC. (HOS)
As-reported financials and SEC filings for HORNBECK OFFSHORE SERVICES, INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.
About HORNBECK OFFSHORE SERVICES, INC.
Helix Energy Solutions Group Inc provides offshore energy services focused on well intervention, robotics, decommissioning, and production facilities. The company serves the oil and gas and renewable energy markets globally, with operations in the Gulf of America, Brazil, North Sea, West Africa, and Asia Pacific regions. Its services include well access and maintenance, subsea robotics support, offshore wind farm site preparation, and operation of floating production vessels.
Snapshot
Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
What changed at Hornbeck Offshore Services
- Revenue fell 4.9% to $1.3B in FY2025, slower than the 5.3% the year before.
- Operating margin turned positive at 5.0% in FY2025, from a 7.2% operating loss in FY2021.
- Most recent quarter Q2 FY2026: revenue $304M, up 20.8% from Q2 FY2025.
- Free cash flow was $120M in FY2025, 9.3% of revenue.
- Net income fell 44.6% to $31M in FY2025.
Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.
Peer comparison
Where Hornbeck Offshore Services’s fundamentals sit among the 125 Energy companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).
Hornbeck Offshore Services’s P/E of 44.2 ranks in the 87th percentile of the 84 peers with a meaningful P/E.
No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →
Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice.
Income statement (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $1.29B | $1.36B | $1.29B | $873.1M | $674.7M |
| Gross profit | $159.1M | $219.6M | $200.4M | $50.6M | $15.4M |
| Operating income | $65.1M | $127.4M | $63.5M | $-44.9M | $-48.7M |
| Net income | $30.8M | $55.6M | $-10.8M | $-87.8M | $-61.5M |
| Diluted EPS | $0.21 | $0.36 | $-0.07 | $-0.58 | $-0.41 |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Balance sheet (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | $418.3M | $368.0M | $332.2M | $186.6M | $253.5M |
| Current assets | $825.0M | $709.7M | $697.8M | $460.6M | $529.5M |
| Total assets | $2.62B | $2.60B | $2.56B | $2.39B | $2.33B |
| Current liabilities | $299.7M | $304.4M | $448.6M | $298.0M | $278.3M |
| Long-term debt | $298.4M | $306.0M | $313.4M | $225.9M | $262.1M |
| Total liabilities | $1.04B | $1.08B | $1.06B | $872.6M | $678.6M |
| Total equity | $1.58B | $1.52B | $1.50B | $1.52B | $1.65B |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Cash flow (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Operating cash flow | $136.7M | $186.0M | $152.5M | $51.1M | $140.1M |
| Capital expenditure | $16.3M | $23.3M | $19.6M | $33.5M | $8.3M |
| Free cash flow | $120.4M | $162.7M | $132.9M | $17.6M | $131.8M |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Quarterly trend (as reported)
| Quarter | Revenue | Revenue YoY | Net income | Diluted EPS |
|---|---|---|---|---|
| Q2 FY2026 | $304.0M | 20.8% | $22.7M | $0.15 |
| Q1 FY2026 | $287.9M | 3.6% | $-13.4M | $-0.09 |
| Q4 FY2025 | $334.2M | -5.9% | $8.3M | $0.06 |
| Q3 FY2025 | $377.0M | 10.1% | $22.1M | $0.15 |
| Q2 FY2025 | $251.7M | -31.0% | $-2.6M | $-0.02 |
| Q1 FY2025 | $278.1M | -6.1% | $3.1M | $0.02 |
| Q4 FY2024 | $355.1M | 6.0% | $20.1M | $0.13 |
| Q3 FY2024 | $342.4M | -13.5% | $29.5M | $0.19 |
Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.
Company facts
Selected SEC filings
Largest Energy peers
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.