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Oil States International OIS Downhole Technologies — CapEx

Other segment segments

Completion and Production Services
$2.13M-39.7%
Offshore Manufactured Products
$1.77M-63.4%

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Other financials

Income statement

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Revenue$145.4M-9.1%
Gross profit$33.8M-9.4%
Operating income$4.3M-24.1%
Net income$1.1M-64.9%
EPS (diluted)$0.02-60.0%

Balance sheet

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Cash & equivalents$59.0M-11.7%
Total debt$73.6M-50.6%
Total equity$571.0M-16.5%
Total assets$862.2M-13.0%

Cash flow

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Operating cash flow-$1.9M-120%
CapEx$4.2M-53.8%
Free cash flow-$6.1M-4,561%

Valuation

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Market cap$478.54M+39.4%
Enterprise value$493.12M+15.9%
P/S0.7×+0.2×

Profitability

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Gross margin19.8%-3.3pp
Operating margin-15.2%
Net margin-17%
FCF margin10.3%+6.0pp

Returns & leverage

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Return on equity-17.8%
Debt / equity0.1×-0.1×
Current ratio1.9×-1.5×

Where this comes from

Reported directly by Oil States International in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The official record: Oil States International’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Oil States International's downhole technologies — capex?
Oil States International (OIS) reported downhole technologies — capex of $320K in Q1 2026.
How has Oil States International's downhole technologies — capex changed year-over-year?
Oil States International's downhole technologies — capex decreased by 59.5% year-over-year, from $791K to $320K.
What is the long-term trend for Oil States International's downhole technologies — capex?
Over 4 years (2021 to 2025), Oil States International's downhole technologies — capex has grown at a 15.8% compound annual growth rate (CAGR), from $901K to $1.62M.
What does downhole technologies — capex mean?
This metric measures the funds used by the Downhole Technologies segment to acquire, upgrade, or maintain physical assets such as property, plants, and equipment. It reflects the company's investment in long-term growth and the maintenance of its operational infrastructure within this specific business unit.