Helmerich & Payne swings to FY26 Q3 profit of USD 76 million; revenue rises to USD 1.04 billion

• H&P posted revenue of $1.04 billion for the quarter ended June 30, 2026; net income attributable to shareholders was $76 million, or $0.74 per share.
• Results included a $115 million gain from the Utica Square sale; adjusted net loss was $10 million, or $0.11 per share, on adjusted EBITDA of $236 million.
• North America Solutions operating income rose to $140 million; direct margin climbed to $241 million, or $18,669 per day, with 142 rigs active.
• International Solutions operating loss narrowed to $54 million; direct margin improved to $31 million, with 65 rigs working.
• Offshore operating income increased to $17 million; offshore backlog reached $3.6 billion after a four-year Norway renewal, with 4Q direct-margin guidance of $245-$255 million in North America.

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