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Oil States International OIS Downhole Technologies — Non-cash impairment charges

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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$491.03M+76.6%
Enterprise value$505.61M+43.3%
P/S0.8×+0.3×

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 ois:OperatingLeaseImpairmentLossNoncashFairValueAssessmentImpairmentCharges.

The source filing: Oil States International’s 10-K/A, filed March 26, 2026.

Filed
Mar 26, 2026, 1:37 PM EDT
Fiscal year
FY2025
Accession
0001121484-26-000012

As further discussed in Note 2, “Summary of Significant Accounting Policies,” during 2025 the Company also assessed the carrying value of the long-lived assets of an asset group within the Downhole Technologies segment. As a result of this assessment, the segment recognized non-cash impairment charges of $2.1 million related to operating lease assets.

Item 15. Exhibits, Financial Statement Schedules

FAQ

What is Oil States International's downhole technologies — non-cash impairment charges?
Oil States International (OIS) reported downhole technologies — non-cash impairment charges of $525K in Q4 2025.
What does downhole technologies — non-cash impairment charges mean?
Expenses recognized to write down the value of assets that do not involve an immediate cash outflow, such as adjustments to property, plant, equipment, or intangible assets. These charges signal a downward revision in the expected utility or future cash flows of the segment's asset base.

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