OII FY 2025 Earnings Report — Oceaneering International, Inc. Revenue & Financial Results | Market Cap Arena

Oceaneering International, Inc.OII

FY 2025 Earnings

Reported February 20, 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	$2.8B	—	$2.7B	—	4.6%
Op. Income	$305M	—	$246M	—	23.7%
Gross Margin	20.4%	—	18.2%	—	2.2pp
Net Margin	12.7%	—	5.5%	—	7.2pp
EPS (Diluted)	$3.49	—	$1.44	—	142.4%
Free Cash Flow	$208M	—	$96M	—	116.3%

Revenue Flow

Item	Amount
REVENUE	$2.8B
Cost of Revenue	$2.2B
GROSS PROFIT	$568M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$264M
Operating Expenses	$264M
Cost & Expenses	$2.5B
OPERATING INCOME	$305M
Interest Income	$14M
Interest Expense	$37M
Other Income/Expenses	-$19M
INCOME BEFORE TAX	$286M
Income Tax Expense	-$68M
Net Income from Continuing Ops	$354M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$354M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$354M
D&A	$102M
EBIT	$323M
EBITDA	$425M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$2.8B
Cost of Revenue	$2.2B
GROSS PROFIT	$568M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$264M
Operating Expenses	$264M
Cost & Expenses	$2.5B
OPERATING INCOME	$305M
Interest Income	$14M
Interest Expense	$37M
Other Income/Expenses	-$19M
INCOME BEFORE TAX	$286M
Income Tax Expense	-$68M
Net Income from Continuing Ops	$354M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$354M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$354M
D&A	$102M
EBIT	$323M
EBITDA	$425M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$354M
Depreciation & Amortization	$102M
Stock-Based Compensation	$25M
Deferred Income Tax	$0
Other Non-Cash Items	-$137M
Change in Working Capital	-$24M
OPERATING CASH FLOW	$319M
Capital Expenditure	-$111M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$15M
NET CASH FROM INVESTING	-$96M
Net Debt Issuance	$0
Common Stock Repurchased	-$46M
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	-$46M
FREE CASH FLOW	$208M
Net Change in Cash	$191M

Balance Sheet

Item	Amount
Cash & Equivalents	$689M
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$824M
TOTAL CURRENT ASSETS	$1.5B
PP&E (Net)	$452M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$703M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$2.7B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$762M
TOTAL CURRENT LIABILITIES	$762M
Long-Term Debt	$487M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$341M
TOTAL NON-CURRENT LIABILITIES	$829M
TOTAL LIABILITIES	$1.6B
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$1.1B
TOTAL STOCKHOLDERS' EQUITY	$1.1B
Minority Interest	$0
TOTAL EQUITY	$1.1B
TOTAL LIABILITIES & EQUITY	$2.7B
Total Debt	$487M
Net Debt	-$201M