The earnings call highlighted a strong cash position, successful operations in Brazil, and a robust Robotics segment, but faced challenges with negative cash flow, regulatory impacts, and market uncertainties in the U.K. North Sea.

Company Guidance

During the Q2 2025 earnings call for Helix Energy Solutions Group, Inc., the company provided updated guidance for the fiscal year. They reported second quarter revenues of $302 million, a gross profit of $15 million, and a net loss of $3 million, contrasting with the first quarter's $278 million in revenue and $28 million in gross profit. Adjusted EBITDA for the quarter was $42 million, with a negative free cash flow of $22 million. The company updated its 2025 guidance, projecting revenues between $1.2 billion and $1.3 billion, and EBITDA ranging from $225 million to $265 million. The free cash flow outlook was adjusted to $90 million to $140 million. They also anticipated capital expenditures of $70 million to $80 million due to the accelerated regulatory maintenance on the Q4000 vessel. Helix expects a strong third quarter with improvements in their Robotics and Brazil segments, despite challenges in the U.K. and the Gulf of America markets.

Strong Cash and Liquidity Position

Helix Energy Solutions Group reported cash and cash equivalents of $320 million and liquidity of $375 million at the end of Q2 2025.

Successful Operations in Brazil

The company operated three vessels on longer-term contracts in Brazil, completing operations for the Q4000 in Nigeria and ensuring a safe passage back to the Gulf of America.

Robust Robotics Segment Performance

The Robotics segment had a strong quarter, operating seven vessels and securing a multiyear 800-day minimum trenching contract in the North Sea, commencing in 2027.

Shallow Water Abandonment 3-year Agreement with Exxon

Helix executed a 3-year framework agreement with Exxon for shallow water decommissioning in the Gulf of America.

Helix Energy (HLX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

HLX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	0.16 / -	0.19	―	―	―
Jul 23, 2025	2025 (Q2)	0.03 / -0.02	0.21	-109.52% (-0.23)
Apr 23, 2025	2025 (Q1)	-0.01 / 0.02	-0.17	111.76% (+0.19)
Feb 24, 2025	2024 (Q4)	0.08 / 0.13	-0.19	168.42% (+0.32)
Oct 23, 2024	2024 (Q3)	0.18 / 0.19	0.1	90.00% (+0.09)
Jul 24, 2024	2024 (Q2)	0.19 / 0.21	0.05	320.00% (+0.16)
Apr 24, 2024	2024 (Q1)	0.02 / -0.17	-0.03	-466.67% (-0.14)
Feb 26, 2024	2023 (Q4)	0.11 / -0.19	0.02	-1050.00% (-0.21)
Oct 23, 2023	2023 (Q3)	0.19 / 0.10	-0.12	183.33% (+0.22)
Jul 26, 2023	2023 (Q2)	0.05 / 0.05	-0.2	125.00% (+0.25)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HLX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 23, 2025	$6.96	$5.99	-13.94%
Apr 23, 2025	$6.61	$6.58	-0.45%
Feb 24, 2025	$7.85	$8.60	+9.55%
Oct 23, 2024	$9.52	$9.25	-2.84%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Helix Energy Solutions Group (HLX) report earnings?

Helix Energy Solutions Group (HLX) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is Helix Energy Solutions Group (HLX) earnings time?

Helix Energy Solutions Group (HLX) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is HLX EPS forecast?

HLX EPS forecast for the fiscal quarter 2025 (Q3) is 0.16.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing