Hornbeck Offshore Services annual gross margin
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2025
Hornbeck Offshore Services Gross Margin Growth & History (HLX)
Hornbeck Offshore Services's gross margin was 12.32% for fiscal 2025.
View full Hornbeck Offshore Services company overviewHornbeck Offshore Services annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 12.32% | −3.84 pp |
| 2024 | 2024-12-31 | 16.16% | +0.63 pp |
| 2023 | 2023-12-31 | 15.53% | +9.74 pp |
| 2022 | 2022-12-31 | 5.80% | +3.52 pp |
| 2021 | 2021-12-31 | 2.28% | −8.61 pp |
| 2020 | 2020-12-31 | 10.89% | −7.44 pp |
| 2019 | 2019-12-31 | 18.33% | +1.88 pp |
| 2018 | 2018-12-31 | 16.45% | +5.76 pp |
| 2017 | 2017-12-31 | 10.69% | +1.15 pp |
| 2016 | 2016-12-31 | 9.54% | +43.14 pp |
| 2015 | 2015-12-31 | −33.60% | −64.67 pp |
| 2014 | 2014-12-31 | 31.07% | +1.33 pp |
| 2013 | 2013-12-31 | 29.74% | +23.84 pp |
| 2012 | 2012-12-31 | 5.90% | −15.42 pp |
| 2011 | 2011-12-31 | 21.32% | +0.04 pp |
| 2010 | 2010-12-31 | 21.28% | +4.65 pp |
| 2009 | 2009-12-31 | 16.64% | −0.97 pp |
| 2008 | 2008-12-31 | 17.61% | — |
Hornbeck Offshore Services quarterly gross margin
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| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 18.49% | +13.14 pp |
| Q1 2026 | 2026-03-31 | 3.07% | −6.84 pp |
| Q4 2025 | 2025-12-31 | 13.55% | −3.03 pp |
| Q3 2025 | 2025-09-30 | 17.51% | −1.66 pp |
| Q2 2025 | 2025-06-30 | 5.35% | −15.35 pp |
| Q1 2025 | 2025-03-31 | 9.90% | +3.30 pp |
| Q4 2024 | 2024-12-31 | 16.57% | +1.87 pp |
| Q3 2024 | 2024-09-30 | 19.18% | −1.18 pp |
| Q2 2024 | 2024-06-30 | 20.69% | +2.77 pp |
| Q1 2024 | 2024-03-31 | 6.60% | +0.53 pp |
| Q4 2023 | 2023-12-31 | 14.70% | +3.81 pp |
| Q3 2023 | 2023-09-30 | 20.36% | +5.97 pp |
| Q2 2023 | 2023-06-30 | 17.92% | +18.76 pp |
| Q1 2023 | 2023-03-31 | 6.07% | +18.47 pp |
| Q4 2022 | 2022-12-31 | 10.90% | +14.08 pp |
| Q3 2022 | 2022-09-30 | 14.39% | +12.73 pp |
| Q2 2022 | 2022-06-30 | −0.83% | −2.77 pp |
| Q1 2022 | 2022-03-31 | −12.40% | −21.34 pp |
| Q4 2021 | 2021-12-31 | −3.18% | −11.74 pp |
| Q3 2021 | 2021-09-30 | 1.66% | −16.24 pp |
| Q2 2021 | 2021-06-30 | 1.93% | −12.92 pp |
| Q1 2021 | 2021-03-31 | 8.95% | +7.84 pp |
| Q4 2020 | 2020-12-31 | 8.56% | −7.00 pp |
| Q3 2020 | 2020-09-30 | 17.90% | −8.01 pp |
| Q2 2020 | 2020-06-30 | 14.85% | −4.94 pp |
| Q1 2020 | 2020-03-31 | 1.11% | −8.63 pp |
| Q4 2019 | 2019-12-31 | 15.56% | +6.84 pp |
| Q3 2019 | 2019-09-30 | 25.90% | +1.45 pp |
| Q2 2019 | 2019-06-30 | 19.80% | −1.17 pp |
| Q1 2019 | 2019-03-31 | 9.74% | +1.84 pp |
| Q4 2018 | 2018-12-31 | 8.72% | −5.66 pp |
| Q3 2018 | 2018-09-30 | 24.46% | +11.51 pp |
| Q2 2018 | 2018-06-30 | 20.96% | +8.75 pp |
| Q1 2018 | 2018-03-31 | 7.90% | +8.69 pp |
| Q4 2017 | 2017-12-31 | 14.38% | +0.63 pp |
| Q3 2017 | 2017-09-30 | 12.95% | −11.97 pp |
| Q2 2017 | 2017-06-30 | 12.22% | +6.94 pp |
| Q1 2017 | 2017-03-31 | −0.79% | +17.81 pp |
| Q4 2016 | 2016-12-31 | 13.75% | +219.79 pp |
| Q3 2016 | 2016-09-30 | 24.92% | +7.40 pp |
| Q2 2016 | 2016-06-30 | 5.27% | −9.31 pp |
| Q1 2016 | 2016-03-31 | −18.60% | −37.02 pp |
| Q4 2015 | 2015-12-31 | −206.05% | −221.88 pp |
| Q3 2015 | 2015-09-30 | 17.52% | −19.52 pp |
| Q2 2015 | 2015-06-30 | 14.58% | −21.13 pp |
| Q1 2015 | 2015-03-31 | 18.43% | −11.48 pp |
| Q4 2014 | 2014-12-31 | 15.84% | −15.54 pp |
| Q3 2014 | 2014-09-30 | 37.04% | +5.49 pp |
| Q2 2014 | 2014-06-30 | 35.71% | +6.64 pp |
| Q1 2014 | 2014-03-31 | 29.91% | +3.29 pp |
| Q4 2013 | 2013-12-31 | 31.37% | +85.38 pp |
| Q3 2013 | 2013-09-30 | 31.55% | +4.88 pp |
| Q2 2013 | 2013-06-30 | 29.07% | +14.67 pp |
| Q1 2013 | 2013-03-31 | 26.63% | −4.91 pp |
| Q4 2012 | 2012-12-31 | −54.00% | −67.13 pp |
| Q3 2012 | 2012-09-30 | 26.68% | −3.79 pp |
| Q2 2012 | 2012-06-30 | 14.40% | −12.15 pp |
| Q1 2012 | 2012-03-31 | 31.54% | +19.81 pp |
| Q4 2011 | 2011-12-31 | 13.13% | +7.88 pp |
| Q3 2011 | 2011-09-30 | 30.46% | +8.42 pp |
| Q2 2011 | 2011-06-30 | 26.55% | +58.24 pp |
| Q1 2011 | 2011-03-31 | 11.73% | −1.10 pp |
| Q4 2010 | 2010-12-31 | 5.25% | — |
| Q3 2010 | 2010-09-30 | 22.04% | +20.83 pp |
| Q2 2010 | 2010-06-30 | −31.68% | −59.13 pp |
| Q1 2010 | 2010-03-31 | 12.83% | — |
| Q3 2009 | 2009-09-30 | 1.21% | — |
| Q2 2009 | 2009-06-30 | 27.45% | — |
Hornbeck Offshore Services gross margin trends
Over the last five fiscal years, Hornbeck Offshore Services's gross margin increased from 10.89% to 12.32%, a change of +1.43 percentage points. The latest reported quarter, Q2 2026, shows 18.49%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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