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How Helix Energy Solutions Group, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$1.3B · 100%Cost of revenue$1.1B · 88%Gross profit$159M · 12%Operating income$65.1M · 5%Income before tax$42.5M · 3%Income tax$11.7M · 1%Net income$30.8M · 2%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$1.3B100%
Cost of revenue$1.1B88%
$159M12%
$65.1M5%
Income before tax$42.5M3%
Income tax$11.7M1%
$30.8M2%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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