HMH Holding Inc. filings document Form 8-K material-event reporting for financial results and public-company disclosures. The filing record identifies the company’s Class A common stock registered on The Nasdaq Global Select Market under the ticker HMH and states its emerging growth company status.
The disclosures also describe the presentation of results for HMH Holding B.V. as HMH Holding Inc.’s predecessor for financial reporting purposes, reflecting the holding-company structure established around the IPO and related transactions.
FMR LLC reported beneficial ownership of 1,320,053 shares of HMH Holding Inc. Class A common stock, representing 11.6% of the class. FMR LLC has sole voting power over 1,320,036 shares and sole dispositive power over 1,320,053 shares, with no shared voting or dispositive power.
Abigail P. Johnson is also listed as a reporting person with sole dispositive power over 1,320,053 shares and no voting power. One underlying account, FIAM Small Capitalization Core Commingled Pool, held 808,600 shares, or 7.1% of HMH Holding Inc. Class A common stock as of July 31, 2026.
HMH Holding Inc., a global provider of offshore and onshore drilling equipment and services, reported revenue of $170.8 million for the quarter ended June 30, 2026, down from $203.5 million a year earlier, with six‑month revenue at $342.1 million versus $401.9 million. Mix shifted away from project and product sales toward higher recurring aftermarket services and spare parts in both the ESS and PCS segments.
The company generated an operating loss of $4.8 million in the quarter versus income of $20.8 million in 2025, and a net loss of $5.0 million versus net income of $9.8 million. Results were pressured by sharply lower project revenue, $5.0 million of restructuring charges tied to workforce reductions and facility reorganization, and $22.8 million of share‑based compensation recognized upon the IPO. For the first half, income before taxes was near breakeven at $0.2 million, compared with $26.1 million a year earlier.
Despite the earnings decline, operating cash flow improved to $25.2 million for the first six months, and cash rose to $119.7 million. The April 2026 IPO and underwriters’ option generated $210.7 million of net equity proceeds, enabling full repayment of $143.7 million of related‑party shareholder loans, leaving mainly $196.4 million of 7.875% senior secured bonds outstanding. Remaining performance obligations totaled $414.4 million, expected to be recognized largely within 12 months. Following the reorganization, HMH public shareholders hold about 27% of HMH B.V.’s economic interest, with Baker Hughes and Akastor retaining the balance via non‑controlling interests.
HMH Holding Inc. reported second quarter 2026 revenue of $170.8 million, down 16% from a year earlier and roughly flat sequentially as sharply lower product sales were partly offset by resilient service and spare‑parts revenue. Net income attributable to HMH was $5.0 million versus $8.9 million a year ago, as results included a $22.0 million one‑time pre‑IPO stock‑based compensation expense.
Despite the revenue decline, profitability and cash generation improved. Adjusted EBITDA rose to $33.9 million with margin expanding to 19.8% from 16.1%, supported by higher gross margin and a richer service mix. Orders reached $205 million, up 19% year over year and producing a 1.2x book‑to‑bill. Free cash flow was $22.2 million, after being negative in the prior‑year quarter, and cash and cash equivalents increased to $119.7 million.
HMH also completed an IPO of 10,520,000 Class A shares at $20.00 per share, plus an underwriters’ option for 685,844 additional shares. Net proceeds of $197.8 million and $12.9 million were used to purchase shares from principal stockholders, repay $137.1 million of principal and interest under a Shareholder Loan Agreement, and fund working capital, eliminating related‑party long‑term debt and lifting total equity to $846.4 million as of June 30, 2026.
BlackRock, Inc. reported beneficial ownership of HMH HOLDING INC Class A Stock on a Schedule 13G filing as a parent holding company. BlackRock’s reporting business units beneficially own 738,234 shares, representing 6.5% of the class. They have sole voting power over 731,147 shares and sole dispositive power over 738,234 shares, with no shared voting or dispositive power. Various underlying clients and investors have rights to dividends and sale proceeds from these shares, but no single such person holds more than five percent of HMH’s outstanding common stock.
HMH Holding Inc. received an amended Schedule 13G/A disclosing that Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander share beneficial ownership of 160,894 shares of Class A Common Stock, representing 1.4% of the class as shown on the cover page with an ownership date of 06/30/2026.
The filing states the reported shares are held by entities subject to voting control and investment discretion by Millennium Management LLC and related managers, and includes a Joint Filing Agreement dated 07/08/2026.
HMH Holding Inc reported insider equity transactions by Chief Technology Officer Pal Skogerbo. On June 19, 2026, he received a grant of 13,398 restricted stock units under the 2026 Long-Term Incentive Plan, each representing one share of Class A Common Stock. These units vest in three equal installments on September 19, 2027, June 19, 2028, and June 19, 2029.
Earlier, on May 18, 2026, 26,713 shares of Class A Common Stock were withheld at $19.28 per share to satisfy tax withholding obligations upon vesting of restricted stock units, a non-market disposition approved under Rule 16b-3. After the latest grant, Skogerbo directly holds 60,429 shares.
HMH Holding Inc Chief Executive Officer Eirik Bergsvik reported routine equity compensation activity and related tax withholding in Class A common stock. On June 19, 2026, he received a grant of 48,232 restricted stock units under the HMH Holding Inc. 2026 Long-Term Incentive Plan, each representing one share of Class A Common Stock. These units vest in three equal installments on September 19, 2027, June 19, 2028 and June 19, 2029. Earlier, on May 18, 2026, 51,559 shares were withheld at $19.28 per share to satisfy tax withholding obligations upon vesting of restricted stock units, a non-market disposition approved under Rule 16b-3. After these transactions, Bergsvik directly owns 141,669 shares of Class A Common Stock.
HMH Holding Inc Chief Operations Officer E Charls Chauviere reported routine equity compensation and related tax withholding in Class A Common Stock. On June 19, 2026, the executive received a grant of 20,096 restricted stock units under the 2026 Long-Term Incentive Plan, each representing one share. These units vest in three equal installments on September 19, 2027, June 19, 2028 and June 19, 2029. Earlier, on May 18, 2026, 34,147 shares were withheld at $19.28 per share to cover tax obligations from vesting RSUs, a non-market transaction approved under Rule 16b-3. After these entries, the executive directly holds 89,109 shares of Class A Common Stock.
HMH Holding Inc’s Chief Financial Officer Thomas W. McGee reported routine equity compensation and related tax withholding in Class A Common Stock. On June 19, 2026, he received a grant of 24,116 restricted stock units under the 2026 Long-Term Incentive Plan, each convertible into one share. These units vest in three equal installments on September 19, 2027, June 19, 2028 and June 19, 2029. Earlier, on May 18, 2026, 39,779 shares at $19.28 per share were withheld to satisfy tax obligations upon RSU vesting, a net settlement approved under Rule 16b-3. After these transactions, McGee directly holds 151,810 shares of Class A Common Stock.
HMH Holding Inc Chief Administrative Officer and General Counsel Dwight W. Rettig received a grant of 24,116 restricted stock units of Class A Common Stock on June 19, 2026 under the company’s 2026 Long-Term Incentive Plan. These units vest in three equal installments on September 19, 2027, June 19, 2028 and June 19, 2029. A prior transaction on May 18, 2026 involved 39,779 shares withheld at $19.28 per share to satisfy tax withholding obligations upon vesting of earlier restricted stock units. Following these transactions, Rettig directly owns 101,810 shares of Class A Common Stock.