OCFC FY 2025 Earnings Report — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OceanFirst Financial Corp.OCFC

FY 2025 Earnings

Reported February 27, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$656M	—	$688M	—	-4.7%
Op. Income	$93M	—	$131M	—	-29.2%
Gross Margin	54.5%	—	54.1%	—	0.4pp
Net Margin	10.8%	—	14.5%	—	-3.7pp
EPS (Diluted)	$1.17	—	$1.65	—	-29.1%
Free Cash Flow	$80M	—	$85M	—	-6.1%

Revenue Flow

Item	Amount
REVENUE	$656M
Cost of Revenue	$298M
GROSS PROFIT	$357M
R&D Expenses	$0
Selling & Marketing	$6M
General & Administrative	$15M
SG&A Expenses	$21M
Other Expenses	$244M
Operating Expenses	$265M
Cost & Expenses	$563M
OPERATING INCOME	$93M
Interest Income	$642M
Interest Expense	$282M
Other Income/Expenses	$0
INCOME BEFORE TAX	$93M
Income Tax Expense	$21M
Net Income from Continuing Ops	$71M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$71M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$67M
D&A	$758.0K
EBIT	$93M
EBITDA	$93M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$656M
Cost of Revenue	$298M
GROSS PROFIT	$357M
R&D Expenses	$0
Selling & Marketing	$6M
General & Administrative	$15M
SG&A Expenses	$21M
Other Expenses	$244M
Operating Expenses	$265M
Cost & Expenses	$563M
OPERATING INCOME	$93M
Interest Income	$642M
Interest Expense	$282M
Other Income/Expenses	$0
INCOME BEFORE TAX	$93M
Income Tax Expense	$21M
Net Income from Continuing Ops	$71M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$71M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$67M
D&A	$758.0K
EBIT	$93M
EBITDA	$93M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$71M
Depreciation & Amortization	$14M
Stock-Based Compensation	$6M
Deferred Income Tax	$3M
Other Non-Cash Items	$21M
Change in Working Capital	-$29M
OPERATING CASH FLOW	$87M
Capital Expenditure	-$8M
Acquisitions (Net)	$3M
Purchases of Investments	-$817M
Sales/Maturities of Investments	$589M
Other Investing Activities	-$942M
NET CASH FROM INVESTING	-$1.2B
Net Debt Issuance	$375M
Common Stock Repurchased	-$82M
Common Dividends Paid	-$48M
Other Financing Activities	$854M
NET CASH FROM FINANCING	$1.1B
FREE CASH FLOW	$80M
Net Change in Cash	$12M

Balance Sheet

Item	Amount
Cash & Equivalents	$135M
Short-Term Investments	$1.2B
Net Receivables	$49M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.4B
PP&E (Net)	$113M
Goodwill	$517M
Intangible Assets	$9M
Long-Term Investments	$11.9B
Tax Assets	$0
Other Non-Current Assets	$559M
TOTAL NON-CURRENT ASSETS	$13.1B
TOTAL ASSETS	$14.6B
Account Payables	$0
Short-Term Debt	$54M
Deferred Revenue	$0
Other Current Liabilities	$11.0B
TOTAL CURRENT LIABILITIES	$11.0B
Long-Term Debt	$1.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$303M
TOTAL NON-CURRENT LIABILITIES	$1.9B
TOTAL LIABILITIES	$12.9B
Common Stock	$625.0K
Additional Paid-In Capital	$1.1B
Retained Earnings	$663M
Treasury Stock	-$116M
Accum. Other Comp. Income	-$2M
Other Equity	-$1M
TOTAL STOCKHOLDERS' EQUITY	$1.7B
Minority Interest	$0
TOTAL EQUITY	$1.7B
TOTAL LIABILITIES & EQUITY	$14.6B
Total Debt	$1.6B
Net Debt	$1.5B