Helmerich & Payne, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $75.7M | $-58.6M | $-96.7M | $-57.4M | $-162.8M | $1.7M | $54.8M | $75.5M |
| Depreciation & Amortization | $181.0M | $180.7M | $181.9M | $188.9M | $179.5M | $157.7M | $99.1M | $101.0M |
| Depreciation | $162.8M | $162.3M | $162.5M | $169.4M | $160.8M | $147.3M | $97.0M | $99.4M |
| Amortization | $18.2M | $18.4M | $19.4M | $20.4M | $18.7M | $9.9M | $1.6M | $1.6M |
| Stock-Based Compensation | $8.3M | $10.4M | $9.3M | $8.8M | $7.9M | $8.1M | $6.9M | $7.4M |
| Net Cash from Operating Activities | $153.7M | $36.6M | $182.4M | $207.0M | $121.6M | $56.0M | $158.4M | $168.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $69.8M | $62.9M | $67.6M | $64.1M | $97.0M | $158.7M | $106.5M | $106.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $68.1M | $-54.0M | $-58.3M | $-52.8M | $-57.0M | $-1.87B | $52.7M | $-104.8M |
| Financing Activities | ||||||||
| Dividends Paid | $25.4M | $25.4M | $25.2M | $25.2M | $25.2M | $25.3M | $25.0M | $42.0M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-174.5M | $-58.3M | $-69.8M | $-154.0M | $-90.5M | $344.3M | $-33.2M | $1.18B |
| Net Change in Cash | $35.3M | $-75.5M | $53.6M | $-1.2M | $-17.9M | $-1.46B | $177.9M | $1.25B |
| Free Cash Flow | $83.9M | $-26.3M | $114.9M | $142.8M | $24.6M | $-102.7M | $51.9M | $62.8M |