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Segments

By segment

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Subsea Robotics$50.79M+3.8%
Subsea Robotics Member$14.22M+14.8%
Unallocated Expenses Member$11.5M+4.8%
Offshore Projects Group$4.68M+0.3%
Unallocated Expenses$2.87M+7.0%
Manufactured Products Member$2.78M+1.4%

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%
CapEx$23.2M-23.4%
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:DepreciationDepletionAndAmortization.

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)Subsea RoboticsManufactured ProductsOPGIMDSADTechUnallocated ExpensesTotal
Interest income4,9044,904
Interest expense, net of amounts capitalized(8,456)(8,456)
Equity in income (losses) of unconsolidated affiliates1,2101,210
Other income (expense), net182182
Income (loss) before income taxes$66,325$21,935$30,019$100$16,425$(48,727)$86,077
Depreciation and amortization$14,220$2,779$4,679$1,966$1,016$2,769$27,429
Capital expenditures, including business acquisitions$11,495$1,642$4,408$1,636$2,567$1,432$23,180
For all reportable segments, Selling, general and administrative expense primarily includes payroll and related costs including subcontractors and temporary labor, lease and rental expense, maintenance and supplies expense, insurance expense and certain overhead expenses.

Item 1.Financial Statements

FAQ

What is Oceaneering International's D&A?
Oceaneering International (OII) reported D&A of $27.43M in Q2 2026.
How has Oceaneering International's D&A changed year-over-year?
Oceaneering International's D&A increased by 8.0% year-over-year, from $25.4M to $27.43M.
What does D&A mean?
Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

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