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Other financials

Income statement

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Revenue$768.2M+10.0%
Gross profit$157.0M+5.8%
Operating income$88.2M+11.4%
Net income$65.0M+19.4%
EPS (diluted)$0.65+20.4%

Balance sheet

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Cash & equivalents$629.5M+45.0%
Total debt$822.2M+2.2%
Total equity$1.2B+38.3%
Total assets$2.7B+15.5%

Cash flow

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Operating cash flow-$59.1M+26.8%
Free cash flow-$76.5M+28.4%

Valuation

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Market cap$4.9B+123%
Enterprise value$5.09B+98.7%
P/E14×+3.2×
P/S1.7×+0.9×

Profitability

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Gross margin19.8%-0.3pp
Operating margin10.4%-0.5pp
Net margin12.2%+4.9pp
FCF margin8.5%+5.4pp

Returns & leverage

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Return on equity34.9%+7.8pp
Debt / equity0.7×-0.2×
Current ratio2.2×+0.2×

Where this comes from

Reported directly by Oceaneering International in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Oceaneering International’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:34 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000073756-26-000136
(in thousands)Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total adjustments to net income (loss)(103,599)(108,350)
Net Cash Provided by (Used in) Operating Activities(3,912)(3,531)
Cash Flows from Investing Activities:
Purchases of property and equipment(40,585)(56,360)
Distributions of capital from unconsolidated affiliates1,7262,004
Other investing activities4772,350
Net Cash Provided by (Used in) Investing Activities(38,382)(52,006)
Cash Flows from Financing Activities:

Item 1.Financial Statements

FAQ

What is Oceaneering International's capex?
Oceaneering International (OII) reported capex of $23.18M in Q2 2026.
How has Oceaneering International's capex changed year-over-year?
Oceaneering International's capex decreased by 23.4% year-over-year, from $30.27M to $23.18M.
What is the long-term trend for Oceaneering International's capex?
Over 4 years (2021 to 2025), Oceaneering International's capex has grown at a 21.9% compound annual growth rate (CAGR), from $50.2M to $111.02M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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