Oceaneering International Inc. (OII) Financials
Key financial figures for Oceaneering International Inc. (Q3 2026).
Oceaneering Q3 2026 revenue rose 6% to $784.6M and operating income 7% to $92.2M, while diluted EPS fell to $0.52 from $0.71 on a $19.0M debt extinguishment loss and a higher tax charge; initial 2027 EBITDA guidance is $430M-$480M. Revenue was $784.6M (+6% from $742.9M in Q3 2025) and operating income was $92.2M (+7% from $86.5M); GAAP net income attributable to Oceaneering fell 26% to $52.6M and diluted EPS to $0.52 from $0.71. Below the operating line, a $19.0M loss on extinguishment of debt (tied to the 2028 notes refinancing) and a $16.5M tax provision (versus $8.6M a year ago) drove the profit decline; adjusted diluted EPS was $0.50 versus $0.55 and adjusted EBITDA rose 7% to $119.4M. On the outlook: Q4 2026: consolidated revenue expected to increase versus Q4 2025 and EBITDA expected at $85M-$95M, with Unallocated Expenses around $50M. Full-year 2026: free cash flow estimate table shows $100M-$120M and management said it remains on track for the top end; the release restates no new full-year adjusted EBITDA range (the prior range, set in July, was $400M-$440M). Initial full-year 2027: consolidated EBITDA of $430M-$480M, free cash flow generation expected to exceed the 2026 level, and share repurchases expected to continue. Figures are for Q3 2026, as Oceaneering International Inc. reported them.
- Revenue
- $785M
- Net Income
- $53M
- EPS
- $0.53
- Total Assets
- $2.8B
- Operating Cash Flow
- $163M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $785M | $53M | $0.52 | 11.75% | $142M |
| Q2 FY2026 | $768M | $65M | $0.65 | 11.49% | $32M |
| Q1 FY2026 | $692M | $36M | $0.36 | 8.35% | -$77M |
| Q4 FY2025 | $669M | $178M | $1.76 | 9.78% | $191M |
| Q3 FY2025 | $743M | $71M | $0.71 | 11.64% | $77M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $2.8B | $354M | $3.49 | 10.94% | $208M |
| FY2024 | $2.7B | $147M | $1.44 | 9.25% | $96M |
| FY2023 | $2.4B | $97M | $0.95 | 7.48% | $109M |
Frequently asked questions
What was Oceaneering International Inc.'s revenue last quarter?
Oceaneering International Inc. reported revenue of $784.6 million for Q3 FY2026, up 5.6% from the same period a year earlier.
Is Oceaneering International Inc. profitable?
Yes. Oceaneering International Inc. reported net income of $52.6 million for Q3 FY2026, a net margin of 6.71% on revenue.
How has Oceaneering International Inc.'s margin trended?
Operating margin was 11.75% in Q3 FY2026, compared with 11.64% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Oceaneering International Inc. generate?
Oceaneering International Inc. generated free cash flow of $141.9 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Oceaneering International Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.