HOS on NYSE

Hornbeck Offshore Services

Logo: hornbeckoffshore.com5

American oil exploration logistics company

Hornbeck Offshore Services, sometimes shortened to Hornbeck Offshore, through its subsidiaries, operates offshore supply vessels (OSVs), multi-purpose support vessels (MPSVs), and a shore-base facility to provide logistics support and specialty services to the offshore oil and gas exploration and production industry, primarily in the United States, Gulf of Mexico, and select international markets. The company is a provider of marine services to exploration and production, oilfield service, offshore construction and military customers.3 It was founded by Todd M. Hornbeck and Larry Hornbeck.1 Its chief executive is Todd M. Hornbeck (since 2002).1 Its shares trade on NYSE under the symbol HOS.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

Jun 1997Founded1

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  • TickerHOS on NYSE1
  • IndustryWater Transportation1
  • HeadquartersCovington1
  • Websitehornbeckoffshore.com
  • Legal formDelaware corporation1
  • LEI549300PK6DVV6PLLNJ854
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered address251 LITTLE FALLS DRIVE, 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 27577514

Hornbeck Offshore Services, sometimes shortened to Hornbeck Offshore, through its subsidiaries, operates offshore supply vessels (OSVs), multi-purpose support vessels (MPSVs), and a shore-base facility to provide logistics support and specialty services to the offshore oil and gas exploration and production industry, primarily in the United States, Gulf of Mexico, and select international markets. The company is a provider of marine services to exploration and production, oilfield service, offshore construction and military customers. Its upstream segment owns and operates fleets of United States flagged, new generation OSVs and United States-owned fleets of DP-2 and DP-3 MPSVs.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

12.3%Gross margin7
5.0%Operating margin7
2.4%Net margin7
-4.9%Revenue growth, 20257
2.0%Return on equity7
0.19×Debt to equity7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Decommissioning brought in 55% of the revenue Hornbeck Offshore Services broke down this way in fiscal 2025.

  1. Decommissioning$715.1M755%up 20% from 2024
  2. Production Maximization$391.3M730%down 34% from 2024
  3. Renewables$157.3M712%up 3% from 2024
  4. Service, Other$27.8M72%up 88% from 2024
Products and services by year
Products and services202320242025
Decommissioning$748.6M$598.0M$715.1M
Production Maximization$416.2M$593.5M$391.3M
Renewables$99.9M$152.3M$157.3M
Service, Other$25.0M$14.8M$27.8M

Business segments

Reportable Segment, Aggregation before Other Operating brought in 51% of the revenue Hornbeck Offshore Services broke down this way in fiscal 2025.

  1. Reportable Segment, Aggregation before Other Operating$1.3B751%down 6% from 2024
  2. Well Intervention$729.4M728%down 12% from 2024
  3. Robotics$289.8M711%up 12% from 2024
  4. Shallow Water Abandonment$199.6M78%up 7% from 2024
  5. Production Facilities$72.7M73%down 18% from 2024
Business segments by year
Business segments202320242025
Reportable Segment, Aggregation before Other Operating$1.3B$1.4B$1.3B
Well Intervention$707.7M$829.9M$729.4M
Robotics$222.6M$259.6M$289.8M
Shallow Water Abandonment$275.0M$187.0M$199.6M
Production Facilities$87.9M$88.7M$72.7M

Regions

United States brought in 33% of the revenue Hornbeck Offshore Services broke down this way in fiscal 2025.

  1. United States$494.5M733%down 9% from 2024
  2. Brazil$354.5M724%up 91% from 2024
  3. North Sea$272.3M718%up 9% from 2024
  4. United Kingdom$194.3M713%up 7% from 2024
  5. Africa$95.5M76%up 33% from 2024
  6. Asia Pacific$68.4M75%down 69% from 2024
Regions by year
Regions202320242025
United States$644.8M$542.9M$494.5M
Brazil$177.1M$185.5M$354.5M
North Sea$274.7M$250.0M$272.3M
United Kingdom$236.2M$181.8M$194.3M
Africa$8.4M$72.0M$95.5M
Asia Pacific$164.0M$222.1M$68.4M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue88¢$1.1B
  • Selling, general and admin6¢$75.9M
  • Other costs3¢$40.7M
  • Income tax1¢$11.7M
  • Profit2¢$30.8M

Out of $1.3B in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Kept or used elsewhere100¢$136.7M

Out of $136.7M of cash from operations.7

Financial statements

Revenue8910117$1.3B in 2025+72% since 2019
0$500.0M$1.0B$1.5B2019: $751.9M$751.9M20192020: $733.6M$733.6M2020−2%2021: $674.7M$674.7M2021−8%2022: $873.1M$873.1M2022+29%2023: $1.3B$1.3B2023+48%2024: $1.4B$1.4B2024+5%2025: $1.3B$1.3B2025−5%
Gross profit8910117$159.1M in 2025+15% since 2019
0$100.0M$200.0M$300.0M2019: $137.8M$137.8M20192020: $79.9M$79.9M2020−42%2021: $15.4M$15.4M2021−81%2022: $50.6M$50.6M2022+229%2023: $200.4M$200.4M2023+296%2024: $219.6M$219.6M2024+10%2025: $159.1M$159.1M2025−28%
Operating income8910117$65.1M in 2025−4% since 2019
-$50.0M0$50.0M$100.0M$150.0M2019: $68.0M$68.0M20192020: $13.0M$13.0M2020−81%2021: -$48.7M-$48.7M20212022: -$44.9M-$44.9M2022−8%2023: $63.5M$63.5M20232024: $127.4M$127.4M2024+101%2025: $65.1M$65.1M2025−49%
Net income8910117$30.8M in 2025−47% since 2019
-$100.0M-$50.0M0$50.0M$100.0M2019: $57.9M$57.9M20192020: $22.2M$22.2M2020−62%2021: -$61.5M-$61.5M20212022: -$87.8M-$87.8M2022+43%2023: -$10.8M-$10.8M2023−88%2024: $55.6M$55.6M20242025: $30.8M$30.8M2025−45%

Every line of the income statement as filed: the last 3 fiscal years, latest first.7

Period ending2025-12-312024-12-312023-12-31
Net revenues$1.3B$1.4B$1.3B
Cost of sales$1.1B$1.1B$1.1B
Gross profit$159.1M$219.6M$200.4M
Gain (loss) on disposition of assets, net-$479.0K$367.0K
Long-lived asset impairment-$18.1M
Acquisition and integration costs-$540.0K
Change in fair value of contingent consideration-$42.2M
Selling, general and administrative expenses-$75.9M-$91.7M-$94.4M
Income from operations$65.1M$127.4M$63.5M
Net interest expense-$22.8M-$22.6M-$17.3M
Losses related to convertible senior notes-$20.9M-$37.3M
Other expense, net-$1.4M-$3.9M-$3.6M
Royalty income and other$1.5M$2.1M$2.2M
Income before income taxes$42.5M$82.1M$7.5M
Income tax provision$11.7M$26.4M$18.4M
Net income (loss)$30.8M$55.6M-$10.8M
Basic (in dollars per share)$0.21$0.37-$0.07
Diluted (in dollars per share)$0.21$0.36-$0.07
Basic (in shares)148.3M shares152.0M shares150.9M shares
Diluted (in shares)148.5M shares154.7M shares150.9M shares

Compare Hornbeck Offshore Services with another company

Corporate structure

Hornbeck Offshore Services sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Hornbeck Offshore Services

  • ASOF HOS GP, LLC Filed SCHEDULE 13D on Hornbeck Offshore Services, latest Sep 9, 2026
  • MERCED CAPITAL, L.P. Filed SCHEDULE 13G on Hornbeck Offshore Services, latest Sep 9, 2026
  • WHITEBOX ADVISORS LLC Filed SCHEDULE 13G on Hornbeck Offshore Services, latest Sep 9, 2026
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Hornbeck Offshore Services, latest Mar 27, 2026 (4 filings since Feb 10, 2022)
  • DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G/A on Hornbeck Offshore Services, latest Oct 9, 2025 (4 filings since Feb 8, 2022)
  • BlackRock Filed SCHEDULE 13G/A on Hornbeck Offshore Services, latest Jul 18, 2025 (7 filings since Feb 7, 2022)
  • Owen E. Kratz Filed SC 13D on Hornbeck Offshore Services, latest May 12, 2023
  • VICTORY CAPITAL MANAGEMENT INC Filed SC 13G/A on Hornbeck Offshore Services, latest Feb 6, 2023 (2 filings since Feb 1, 2022)
  • Hornbeck Offshore Services Wilmington, Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

Founded by Larry Hornbeck and Todd M. Hornbeck on Jun 1997.1

Leadership

Who has led Hornbeck Offshore Services, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (35)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • AES-EOT Equipment Holdings, LLC Louisiana6
  • Alliance Energy Services, LLC Louisiana6
  • Alliance Group of Louisiana L.L.C. Louisiana6
  • Alliance Industry Holdings, LLC Louisiana6
  • Alliance LB Dallas Holdings, LLC Louisiana6
  • Alliance LB Miami Holdings, LLC Louisiana6
  • Alliance Liftboats, LLC Louisiana6
  • Alliance Maritime Holdings, LLC Louisiana6
  • Alliance Offshore, LLC Louisiana6
  • Alliance Special Ventures Holdings, LLC Louisiana6
  • Alliance Vessel Leasing, LLC Louisiana6
  • Alliance-Triton GOM Holdings, LLC Delaware6
  • Cal Dive I-Title XI, Inc. Texas6
  • Deepwater Abandonment Alternatives, Inc. Texas6
  • Dickson Road Investments, LLC Louisiana6
  • ERT Camelot Limited Scotland6
  • Energy Resource Technology (U.K.) Limited Scotland6
  • Explorer DSV Holdings, LLC Louisiana6
  • Heavy Lift Holdings, LLC Louisiana6
  • Hedron Holdings, LLC Louisiana6
  • Helix Alliance Decom, LLC Delaware6
  • Helix Energy Solutions (U.K.) Limited Scotland6
  • Helix International Group Holdings (U.K.) Limited Scotland6
  • Helix Offshore Crewing Services Limited Scotland6
All 50 listed subsidiaries
  • Helix Offshore Crewing Services PTE. Ltd. Singapore6
  • Helix Offshore Energy Services (Australia) Pty Ltd. Australia6
  • Helix Offshore Holdings Ltd. Delaware6
  • Helix Offshore International, Inc. Texas6
  • Helix Offshore Ltd. Cayman Islands6
  • Helix Offshore Services A.S. Norway6
  • Helix Offshore Services Limited Scotland6
  • Helix Oil & Gas (U.K.) Limited Scotland6
  • Helix Property Corp. Texas6
  • Helix Q5000 Holdings LLC Delaware6
  • Helix Robotics Solutions International Corp. Texas6
  • Helix Robotics Solutions Limited Scotland6
  • Helix Robotics Solutions, Inc. Texas6
  • Helix Subsea Construction, Inc. Delaware6
  • Helix Well Ops (U.K.) Limited Scotland6
  • Helix Well Ops Inc. Texas6
  • Helix do Brasil Serviços de Petróleo Ltda. Brazil6
  • Independence Hub, LLC (20% owned) Delaware6
  • Kommandor LLC Delaware6
  • Offshore Well Services, S. de R.L. de C.V. Mexico6
  • Patriot DSV Holdings, LLC Louisiana6
  • Subsea Technologies Group Limited Scotland6
  • Triton Diving Services, LLC Louisiana6
  • Whitney Clare Holdings, LLC Louisiana6
  • Whitney Liftboats, LLC Louisiana6
  • Whitney Maritime Holdings, LLC Louisiana6

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Sep 8, 20268-K Financial statements and exhibits57
  2. Sep 4, 20268-K Executive or director change; Regulation FD disclosure58
  3. Sep 3, 20268-K Regulation FD disclosure59
  4. Sep 2, 20268-K Change of auditor60
  5. Sep 1, 20268-K Entered a material agreement; Ended a material agreement; Completed an acquisition or sale61
  6. Aug 31, 20268-K Shareholder vote; Regulation FD disclosure62
  7. Aug 11, 20268-K Other events63
  8. Aug 6, 20268-K Results of operations; Regulation FD disclosure64
  9. Jun 12, 20268-K Other events65
  10. May 13, 20268-K Shareholder vote66
  11. May 5, 20268-K Entered a material agreement; Regulation FD disclosure67
  12. Apr 24, 20268-K Entered a material agreement68
  13. Jan 3, 2007New chief executive Martin R. Ferron becomes CEO15
  14. Jan 3, 2006New chief executive Owen E. Kratz becomes CEO16
  15. 2004Went public Listed on NYSE1
  16. Feb 2002New chief executive Todd M. Hornbeck becomes CEO1
  17. Jun 1997Founded Founded1

Calendar

Coming up

  1. Nov 5, 2026 · Before the openReports results for the quarter ending Sep/202669

When it reported results

  1. Aug 6, 2026Reported quarterly or annual results64
  2. Apr 23, 2026Reported quarterly or annual results70
  3. Feb 24, 2026Reported quarterly or annual results71
  4. Oct 23, 2025Reported quarterly or annual results72
  5. Jul 24, 2025Reported quarterly or annual results73
  6. Apr 24, 2025Reported quarterly or annual results74
  7. Feb 25, 2025Reported quarterly or annual results75
  8. Oct 24, 2024Reported quarterly or annual results76

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

346 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 65 major events, 174 insider forms, 21 large holders, 66 other. The latest 20:

  1. Sep 25, 2026144 EDGAR
  2. Sep 15, 2026144 EDGAR
  3. Sep 15, 2026S-3ASR EDGAR
  4. Sep 11, 20263 EDGAR
  5. Sep 9, 2026144 EDGAR
  6. Sep 9, 20263 OWNERSHIP DOCUMENT EDGAR
  7. Sep 9, 20263 OWNERSHIP DOCUMENT EDGAR
  8. Sep 9, 20263 OWNERSHIP DOCUMENT EDGAR
  9. Sep 9, 20263 OWNERSHIP DOCUMENT EDGAR
  10. Sep 9, 2026SCHEDULE 13D EDGAR
  11. Sep 9, 2026SCHEDULE 13G EDGAR
  12. Sep 9, 2026SCHEDULE 13G EDGAR
  13. Sep 8, 2026144 EDGAR
  14. Sep 8, 20268-K/A EDGAR
  15. Sep 4, 2026S-8 EDGAR
  16. Sep 4, 20264 EDGAR
  17. Sep 4, 20264 EDGAR
  18. Sep 4, 20264 EDGAR
  19. Sep 4, 20264 EDGAR
  20. Sep 4, 20264 EDGAR

The 346 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Owen KratzPresident and Chief Executive Officer71$800.0K$5.1M85
2025Erik StaffeldtExecutive Vice President and Chief Financial Officer54$460.0K$2.2M85
2025Scotty SparksExecutive Vice President and Chief Operating Officer52$460.0K$2.1M85
2025Ken NeikirkExecutive Vice President, General Counsel and Corporate Secretary51$420.0K$1.6M85
2024Owen KratzPresident and Chief Executive Officer71$800.0K$5.7M85
2024Scotty SparksExecutive Vice President and Chief Operating Officer52$460.0K$2.3M85
2024Erik StaffeldtExecutive Vice President and Chief Financial Officer54$440.0K$2.2M85
2024Ken NeikirkExecutive Vice President, General Counsel and Corporate Secretary51$400.0K$1.8M85
2023Owen KratzPresident and Chief Executive Officer71$800.0K$7.0M85
2023Scotty SparksExecutive Vice President and Chief Operating Officer52$460.0K$2.8M85
2023Erik StaffeldtExecutive Vice President and Chief Financial Officer54$440.0K$2.7M85
2023Ken NeikirkExecutive Vice President, General Counsel and Corporate Secretary51$400.0K$2.2M85

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.22,731,079$198.7M0.0%+573,340
Dimensional Fund Advisors LP9,091,008$79.5M0.0%+131,202
State Street Corp7,175,792$62.7M0.0%+466,289
Invesco Ltd.7,035,334$61.5M0.0%+375,206
Vanguard Portfolio Management LLC6,416,761$56.1M0.0%+182,000
Vanguard Capital Management LLC6,178,407$54.0M0.0%+133,712
American Century Companies Inc5,448,574$47.6M0.0%+251,014
Principal Financial Group Inc4,319,229$37.8M0.0%−276,704
Goldman Sachs Group Inc3,666,005$32.0M0.0%+1,577,127
Geode Capital Management, LLC3,556,137$31.1M0.0%+197,240
Wellington Management Group Llp3,408,554$29.8M0.0%−523,989
Systematic Financial Management LP3,188,798$27.9M0.6%+230,254
BNP PARIBAS ASSET MANAGEMENT Holding S.A.3,005,018$26.3M0.0%−17,390
Van Eck Associates Corp2,725,573$23.8M0.0%−149,948
Boston Partners2,486,953$22.1M0.0%−463,793
Charles Schwab Investment Management Inc2,483,807$21.7M0.0%−110,163
Morgan Stanley2,100,464$18.4M0.0%+109,205
Prudential Financial Inc2,088,884$18.3M0.0%+1,767,050
Northern Trust Corp1,783,081$15.6M0.0%+97,984
Qube Research & Technologies Ltd1,413,717$12.4M0.0%+419,645
Panagora Asset Management Inc1,237,686$10.8M0.0%−36,816
Arrowstreet Capital, Limited Partnership1,139,215$10.0M0.0%+561,236
Bridgeway Capital Management, LLC1,058,726$9.3M0.2%+174,940
Two Sigma Investments, LP1,035,449$9.0M0.0%+727,106
Hotchkis & Wiley Capital Management LLC1,005,593$8.8M0.0%+111,470

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Hornbeck Offshore Services is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARHORNBECK OFFSHORE SERVICES INC2
  • CIK0000354359
  • Employer ID (EIN)74-21530302
  • Incorporated inDelaware2
  • Fiscal year endsDecember 312
  • Industry code (SIC)4400 Water Transportation2
  • Business address7707 Harborside Drive, Galveston, TX 775542
  • Phone(409) 744-95002
  • On EDGAR sinceFeb 4, 19942
  • Filings49 in all: SC 13G/A (18), SC 13G (10), SC 13D/A (6), 10-Q (3), 8-K (3), ARS (2), 10-K (1), 8-A12G (1)2
    All 13 form types

    8-A12G/A (1), DEFA14A (1), S-3 (1), S-3/A (1), SC 13D (1)

  • Latest filingsAnnual report (10-K) Feb 21, 1996
    Quarterly report (10-Q) Nov 8, 1995
    Latest 8-K (8-K) Jan 4, 1996

Sources

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