Helix Reports Second Quarter 2026 Results

Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) reported net income of $22.7 million, or $0.15 per diluted share, for the second quarter 2026 compared to a net loss of $13.4 million, or $(0.09) per diluted share, for the first quarter 2026 and a net loss of $2.6 million, or $(0.02) per diluted share, for the second quarter 2025. Helix reported Adjusted EBITDA(1) of $69.9 million for the second quarter 2026 compared to $32.3 million for the first quarter 2026 and $42.4 million for the second quarter 2025.

For the six months ended June 30, 2026, Helix reported net income of $9.3 million, or $0.06 per diluted share, compared to net income of $0.5 million, or $0.00 per diluted share, for the six months ended June 30, 2025. Adjusted EBITDA for the six months ended June 30, 2026 was $102.1 million compared to $94.4 million for the six months ended June 30, 2025.