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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%
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:ShareBasedCompensation.

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
Deferred income tax provision (benefit)9,530(1,768)
Inventory write-downs8,32314,969
Net loss (gain) on sales of property and equipment287(621)
Noncash compensation10,4587,381
Noncash impact of lease accounting746139
Excluding the effects of acquisitions, increase (decrease) in cash from:
Accounts receivable and contract assets(119,937)(61,357)
Inventory(4,454)(18,710)

Item 1.Financial Statements

FAQ

What is Oceaneering International's stock-based comp?
Oceaneering International (OII) reported stock-based comp of $5.25M in Q2 2026.
How has Oceaneering International's stock-based comp changed year-over-year?
Oceaneering International's stock-based comp increased by 42.9% year-over-year, from $3.67M to $5.25M.
What is the long-term trend for Oceaneering International's stock-based comp?
Over 4 years (2021 to 2025), Oceaneering International's stock-based comp has grown at a 7.6% compound annual growth rate (CAGR), from $11.01M to $14.76M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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