HMH Holding Inc reported Q2 FY2026 revenue of $170.8 million, down 16.0% year over year. Net income was $5.0 million, down 44.4%, while operating income was negative $4.8 million, down 123.3%. Diluted EPS was $0.42, up 223.1% year over year. Cash was $119.7 million, equity was $210.3 million, and long-term debt was $197.8 million as of June 30, 2026.
•Revenue: $170.8 million, down 16.0% year over year
•Net income: $5.0 million, down 44.4% year over year
•Operating income: negative $4.8 million, down 123.3% year over year
•Diluted EPS: $0.42, up 223.1% year over year
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
HMH provides offshore and onshore oil and gas drilling equipment and systems and services in the United States and Norway. The company's services include sales of projects and products including drilling equipment packages for newbuild or a reactivated drilling rig, and individual or grouped components of drilling and pressure control equipment aftermarket services including services and replacement parts on installed equipment and integrated digital solutions.
The company sells equipment and services to drilling contractors. Its portfolio also includes operators, including both oil and gas E&P companies and mining companies onshore and offshore, and manufacturers, consisting of shipyards and manufacturers of capital equipment.
Additionally, it also offers equipment and services to the onshore and subsea mining industry. The company offers equipment under two categories: pressure control systems, including Blowout Preventers
Topside equipment comprising hoisting and rotating systems and drilling circulating systems. Its pressure control systems include blowout preventers (BOPs), BOP control systems, drilling risers, and wellhead connectors.
The company's topside equipment includes hoisting and rotating systems, such as top drive, iron roughneck and pipe handling, and derrick and drawworks drilling circulating systems, such as mud pumps, slurry pumps, and mud mixing and control systems.
The company's aftermarket services include transactional services on installed equipment, such as the manufacturing and sale of replacement spare parts, overhaul and repair of installed equipment, recertifications and field labor
Integrated solutions to provide comprehensive digital solutions. Additionally, it develops digital solutions for remote drilling automation and condition-based monitoring. Founded in 1895, HMH is headquartered in Houston, Texas.
HMH Holding Inc. provides offshore and onshore oil and gas drilling equipment, systems, and services in the United States and Norway. The company offers drilling equipment packages for newbuild or reactivated drilling rigs, as well as individual or grouped components of drilling and pressure control equipment. Its product portfolio includes pressure control systems such as blowout preventers (BOPs), BOP control systems, drilling risers, and wellhead connectors. Topside equipment includes hoisting and rotating systems like top drives, iron roughnecks, pipe handling equipment, derricks, and drawworks, as well as drilling circulating systems such as mud pumps, slurry pumps, and mud mixing and control systems. Additionally, HMH provides aftermarket services including replacement spare parts, overhaul, and repair services on installed equipment, along with integrated digital solutions.
Where is HMH Holding Inc. (HMH) listed and in which currency?
HMH Holding Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol HMH. The company trades in United States Dollars (USD). As a US-based company, its financial reporting and stock transactions are conducted in USD, making it accessible to investors on major US stock exchanges.
What sector and industry does HMH Holding Inc. (HMH) belong to?
HMH Holding Inc. operates in the Energy sector, specifically within the Oil & Gas Equipment & Services industry. This means the company is involved in providing equipment, systems, and services that support the exploration, drilling, and production of oil and gas resources. Its offerings are critical for both offshore and onshore drilling operations, catering to drilling contractors, oil and gas E&P companies, and mining companies.
What are the main customer segments and markets served by HMH Holding Inc. (HMH)?
HMH Holding Inc. sells its equipment and services primarily to drilling contractors, as well as to oil and gas exploration and production (E&P) companies and mining companies, both onshore and offshore. Additionally, the company serves manufacturers, including shipyards and manufacturers of capital equipment. Geographically, HMH operates in the United States and Norway, with its portfolio also extending to the onshore and subsea mining industry. This diverse customer base allows HMH to address various needs across the energy and mining sectors.
How does HMH Holding Inc. (HMH) generate revenue?
HMH Holding Inc. generates revenue through two primary streams: sales of projects and products, and aftermarket services. The sales segment includes drilling equipment packages for newbuild or reactivated drilling rigs, as well as individual components such as pressure control systems and topside equipment. The aftermarket services segment provides ongoing support through the manufacturing and sale of replacement spare parts, overhaul and repair services on installed equipment, and integrated digital solutions. This dual approach ensures recurring revenue from existing customers while also capturing new project-based sales.