Oceaneering International Inc (OII) Financial Statements
Industry: Oil & Gas Field Services (Other)
In fiscal 2025, Oceaneering International reported revenue of $2.78B, up 4.6% from $2.66B the year before. Net income was $353.8M (a 12.7% net margin), or $3.49 per diluted share. Gross margin was 20.4% and operating margin was 10.9%. Operating activities generated $318.9M of cash, leaving $207.8M of free cash flow. At fiscal year end, Oceaneering International held $2.67B in total assets against $1.60B in total liabilities, including $688.9M of cash and equivalents.
Open the full interactive Oceaneering International financials → Quarterly statements, key ratios, valuation history and price charts.
Oceaneering International Key Stats
| Share Price | $44.80 |
|---|---|
| Market Cap | $4.51B |
| P/E Ratio | 12.8 |
| Revenue YoY Growth | +4.6% |
| 52-Week Range | $22.23 – $54.11 |
| Shares Outstanding | 99.7 million (basic, 2026 Q2) |
Oceaneering International Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.83B | $1.87B | $2.07B | $2.42B | $2.66B | $2.78B |
| Cost of Goods Sold | $1.66B | $1.61B | $1.76B | $2.03B | $2.18B | $2.22B |
| Gross Profit | $163.9M | $264.1M | $307.4M | $399.0M | $485.5M | $568.4M |
| Operating Income | -$446.1M | $39.8M | $110.9M | $181.3M | $246.3M | $304.6M |
| Pre-Tax Income | -$498.9M | -$5.7M | $79.1M | $161.1M | $224.9M | $285.9M |
| Income Tax | -$2.1M | $43.6M | $53.1M | $63.7M | $77.4M | -$67.9M |
| Net Income | -$496.8M | -$49.3M | $25.9M | $97.4M | $147.5M | $353.8M |
| Diluted EPS | -$5.01 | -$0.49 | $0.26 | $0.95 | $1.44 | $3.49 |
Oceaneering International Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $742.9M | $668.6M | $692.4M | $768.2M |
| Net Income | $71.3M | $177.7M | $36.1M | $65.0M |
| Diluted EPS | $0.71 | $1.75 | $0.36 | $0.65 |
Oceaneering International Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $452.0M | $538.1M | $568.7M | $461.6M | $497.5M | $688.9M |
| Current Assets | $1.17B | $1.19B | $1.30B | $1.31B | $1.39B | $1.51B |
| Total Assets | $2.05B | $1.96B | $2.03B | $2.24B | $2.34B | $2.67B |
| Current Liabilities | $437.1M | $501.2M | $568.4M | $732.5M | $796.9M | $761.7M |
| Total Long-Term Debt | $805.3M | $702.1M | $701.0M | $477.1M | $482.0M | $487.4M |
| Total Liabilities | $1.49B | $1.46B | $1.51B | $1.61B | $1.62B | $1.60B |
| Shareholders' Equity | $552.1M | $505.0M | $519.7M | $628.0M | $714.3M | $1.07B |
Oceaneering International Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $136.6M | $225.3M | $120.9M | $210.0M | $203.2M | $318.9M |
| Cash From Investing | -$52.6M | -$34.2M | -$76.9M | -$86.4M | -$124.2M | -$96.2M |
| Cash From Financing | -$1.7M | -$101.7M | -$1.9M | -$227.3M | -$27.0M | -$45.6M |
| Free Cash Flow | $76.0M | $175.1M | $39.8M | $109.2M | $96.1M | $207.8M |
Figures from Oceaneering International's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Oceaneering International financials page for every line item.
Oceaneering International Company Profile
| Ticker | OII |
|---|---|
| Exchange | NYSE |
| Industry | Oil & Gas Field Services (Other) |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000073756 |
Frequently Asked Questions
What was Oceaneering International's revenue in fiscal 2025?
Oceaneering International (OII) reported revenue of $2.78B for fiscal 2025.
What is Oceaneering International's annual revenue history?
Oceaneering International's annual revenue by fiscal year: 2020: $1.83B; 2021: $1.87B; 2022: $2.07B; 2023: $2.42B; 2024: $2.66B; 2025: $2.78B.
What was Oceaneering International's net income in fiscal 2025?
Oceaneering International reported net income of $353.8M for fiscal 2025.
What was Oceaneering International's earnings per share (EPS) in fiscal 2025?
Oceaneering International's diluted EPS was $3.49 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Oceaneering International generate in fiscal 2025?
Oceaneering International generated $207.8M of free cash flow in fiscal 2025.
What was Oceaneering International's revenue last quarter?
In its most recent reported quarter (2026 Q2), Oceaneering International reported revenue of $768.2M.
How much debt does Oceaneering International have?
Oceaneering International reported $487.4M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Oceaneering International are outstanding?
Oceaneering International reported a weighted average of 99.7 million basic shares outstanding in 2026 Q2.
What is Oceaneering International's market cap?
Based on its latest closing price, Oceaneering International (OII) has a market capitalization of about $4.51B.
When does Oceaneering International's fiscal year end?
Oceaneering International's fiscal year end, as registered with the SEC, is December 31.
Where is Oceaneering International headquartered?
Oceaneering International lists its business address in Houston, Texas in its SEC filings.