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Side-by-side financial comparison of HELIX ENERGY SOLUTIONS GROUP INC (HLX) and Revolve Group, Inc. (RVLV). Click either name above to swap in a different company.

Revolve Group, Inc. is the larger business by last-quarter revenue ($324.4M vs $287.9M, roughly 1.1× HELIX ENERGY SOLUTIONS GROUP INC). Revolve Group, Inc. runs the higher net margin — 5.7% vs -4.7%, a 10.4% gap on every dollar of revenue. On growth, Revolve Group, Inc. posted the faster year-over-year revenue change (10.4% vs -13.8%). HELIX ENERGY SOLUTIONS GROUP INC produced more free cash flow last quarter ($59.0M vs $-13.3M). Over the past eight quarters, Revolve Group, Inc.'s revenue compounded faster (9.5% CAGR vs -11.2%).

Helix Energy Solutions Inc., known as Cal Dive International prior to 2006, is an American oil and gas services company headquartered in Houston, Texas. The company is a global provider of offshore services in well intervention and ROV operations of new and existing oil and gas fields.

Revolve Theatre Company is a Henley-on-Thames based theatre company specialising in political and Shakespearean plays. The company is owned by Oliver Dench, Joe Morris and Tom Smith.

HLX vs RVLV — Head-to-Head

Bigger by revenue
RVLV
RVLV
1.1× larger
RVLV
$324.4M
$287.9M
HLX
Growing faster (revenue YoY)
RVLV
RVLV
+24.3% gap
RVLV
10.4%
-13.8%
HLX
Higher net margin
RVLV
RVLV
10.4% more per $
RVLV
5.7%
-4.7%
HLX
More free cash flow
HLX
HLX
$72.3M more FCF
HLX
$59.0M
$-13.3M
RVLV
Faster 2-yr revenue CAGR
RVLV
RVLV
Annualised
RVLV
9.5%
-11.2%
HLX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HLX
HLX
RVLV
RVLV
Revenue
$287.9M
$324.4M
Net Profit
$-13.4M
$18.6M
Gross Margin
3.1%
53.3%
Operating Margin
6.3%
Net Margin
-4.7%
5.7%
Revenue YoY
-13.8%
10.4%
Net Profit YoY
-536.4%
50.4%
EPS (diluted)
$-0.09
$0.27

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HLX
HLX
RVLV
RVLV
Q1 26
$287.9M
Q4 25
$334.2M
$324.4M
Q3 25
$377.0M
$295.6M
Q2 25
$302.3M
$309.0M
Q1 25
$278.1M
$296.7M
Q4 24
$355.1M
$293.7M
Q3 24
$342.4M
$283.1M
Q2 24
$364.8M
$282.5M
Net Profit
HLX
HLX
RVLV
RVLV
Q1 26
$-13.4M
Q4 25
$8.3M
$18.6M
Q3 25
$22.1M
$21.2M
Q2 25
$-2.6M
$10.2M
Q1 25
$3.1M
$11.8M
Q4 24
$20.1M
$12.3M
Q3 24
$29.5M
$11.0M
Q2 24
$32.3M
$15.4M
Gross Margin
HLX
HLX
RVLV
RVLV
Q1 26
3.1%
Q4 25
15.2%
53.3%
Q3 25
17.5%
54.6%
Q2 25
4.9%
54.1%
Q1 25
9.9%
52.0%
Q4 24
16.6%
52.5%
Q3 24
19.2%
51.2%
Q2 24
20.7%
54.0%
Operating Margin
HLX
HLX
RVLV
RVLV
Q1 26
Q4 25
3.7%
6.3%
Q3 25
12.7%
7.1%
Q2 25
-1.0%
5.8%
Q1 25
2.9%
5.0%
Q4 24
8.7%
3.9%
Q3 24
13.0%
5.0%
Q2 24
14.6%
5.8%
Net Margin
HLX
HLX
RVLV
RVLV
Q1 26
-4.7%
Q4 25
2.5%
5.7%
Q3 25
5.9%
7.2%
Q2 25
-0.9%
3.3%
Q1 25
1.1%
4.0%
Q4 24
5.7%
4.2%
Q3 24
8.6%
3.9%
Q2 24
8.9%
5.4%
EPS (diluted)
HLX
HLX
RVLV
RVLV
Q1 26
$-0.09
Q4 25
$0.06
$0.27
Q3 25
$0.15
$0.29
Q2 25
$-0.02
$0.14
Q1 25
$0.02
$0.16
Q4 24
$0.13
$0.18
Q3 24
$0.19
$0.15
Q2 24
$0.21
$0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HLX
HLX
RVLV
RVLV
Cash + ST InvestmentsLiquidity on hand
$501.3M
$292.3M
Total DebtLower is stronger
$303.8M
Stockholders' EquityBook value
$1.6B
$512.5M
Total Assets
$2.6B
$765.0M
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HLX
HLX
RVLV
RVLV
Q1 26
$501.3M
Q4 25
$445.2M
$292.3M
Q3 25
$338.0M
$315.4M
Q2 25
$319.7M
$310.7M
Q1 25
$370.0M
$300.8M
Q4 24
$368.0M
$256.6M
Q3 24
$324.1M
$252.8M
Q2 24
$275.1M
$244.7M
Total Debt
HLX
HLX
RVLV
RVLV
Q1 26
$303.8M
Q4 25
$308.0M
Q3 25
$307.5M
Q2 25
$311.6M
Q1 25
$311.1M
Q4 24
$315.2M
Q3 24
$314.7M
Q2 24
$318.6M
Stockholders' Equity
HLX
HLX
RVLV
RVLV
Q1 26
$1.6B
Q4 25
$1.6B
$512.5M
Q3 25
$1.6B
$490.2M
Q2 25
$1.6B
$468.6M
Q1 25
$1.5B
$453.4M
Q4 24
$1.5B
$437.8M
Q3 24
$1.6B
$420.8M
Q2 24
$1.5B
$405.8M
Total Assets
HLX
HLX
RVLV
RVLV
Q1 26
$2.6B
Q4 25
$2.6B
$765.0M
Q3 25
$2.6B
$751.3M
Q2 25
$2.7B
$722.9M
Q1 25
$2.6B
$713.9M
Q4 24
$2.6B
$665.5M
Q3 24
$2.7B
$670.9M
Q2 24
$2.6B
$657.8M
Debt / Equity
HLX
HLX
RVLV
RVLV
Q1 26
0.20×
Q4 25
0.19×
Q3 25
0.20×
Q2 25
0.20×
Q1 25
0.20×
Q4 24
0.21×
Q3 24
0.20×
Q2 24
0.21×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HLX
HLX
RVLV
RVLV
Operating Cash FlowLast quarter
$61.8M
$-10.2M
Free Cash FlowOCF − Capex
$59.0M
$-13.3M
FCF MarginFCF / Revenue
20.5%
-4.1%
Capex IntensityCapex / Revenue
1.0%
1.0%
Cash ConversionOCF / Net Profit
-0.55×
TTM Free Cash FlowTrailing 4 quarters
$167.4M
$48.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HLX
HLX
RVLV
RVLV
Q1 26
$61.8M
Q4 25
$113.2M
$-10.2M
Q3 25
$24.3M
$11.8M
Q2 25
$-17.1M
$12.6M
Q1 25
$16.4M
$45.1M
Q4 24
$78.0M
$3.9M
Q3 24
$55.7M
$9.1M
Q2 24
$-12.2M
$-24.7M
Free Cash Flow
HLX
HLX
RVLV
RVLV
Q1 26
$59.0M
Q4 25
$107.5M
$-13.3M
Q3 25
$22.6M
$7.5M
Q2 25
$-21.6M
$10.4M
Q1 25
$12.0M
$43.4M
Q4 24
$65.5M
$2.1M
Q3 24
$52.5M
$8.0M
Q2 24
$-16.2M
$-25.7M
FCF Margin
HLX
HLX
RVLV
RVLV
Q1 26
20.5%
Q4 25
32.2%
-4.1%
Q3 25
6.0%
2.5%
Q2 25
-7.1%
3.4%
Q1 25
4.3%
14.6%
Q4 24
18.4%
0.7%
Q3 24
15.3%
2.8%
Q2 24
-4.4%
-9.1%
Capex Intensity
HLX
HLX
RVLV
RVLV
Q1 26
1.0%
Q4 25
1.7%
1.0%
Q3 25
0.4%
1.5%
Q2 25
1.5%
0.7%
Q1 25
1.6%
0.6%
Q4 24
3.5%
0.6%
Q3 24
0.9%
0.4%
Q2 24
1.1%
0.4%
Cash Conversion
HLX
HLX
RVLV
RVLV
Q1 26
Q4 25
13.68×
-0.55×
Q3 25
1.10×
0.56×
Q2 25
1.24×
Q1 25
5.35×
3.82×
Q4 24
3.88×
0.32×
Q3 24
1.89×
0.83×
Q2 24
-0.38×
-1.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HLX
HLX

Segment breakdown not available.

RVLV
RVLV

Fashion Apparel$155.1M48%
Dresses$76.4M24%
Handbags Shoes And Accessories$67.6M21%
Beauty$20.3M6%
Manufactured Product Other$5.0M2%
Breakage On Store Credit And Gift Cards$900.0K0%

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