Sep 2026 (Q3 FY26) — Oct 22, 2026
Oceaneering International Q3 FY26 — Strong EBITDA and Free Cash Flow, Initial FY27 Guidance
Read the full callOceaneering International (OII) earnings
- Sep 2026
- Sep 2026 (Q3 FY26)
- Dec 2025
Oceaneering International earnings: last reported Thu, 22 Oct 2026, for the quarter ended Sep 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 785 | +5.6% YoY | Quarterly, as filed | Quarter to Sep 2026 | Revenue from operations as filed. |
| Operating margin | 11.8 | +0.1 pts YoY | Operating profit / revenue | Quarter to Sep 2026 | For the quarter; a change is in percentage points. |
| Net profit | 52.6 | −26.2% YoY | Quarterly, as filed | Quarter to Sep 2026 | Profit after tax as filed. |
Price
$39.27 +7.24% · +$2.65
Performance +59.0% 1Y
1Y: $24.7 on 22 Oct 2025 → $39.27. High $54.11 (17 Aug 2026), low $22.61 (6 Nov 2025).
- Previous close
- $36.62
- 52-week range
- $22.61 – $54.11
- One year
- +65.00%
Overview
- Symbol
- OII
- Sector
- Energy
- Exchange
- US
- Currency
- USD
Call summaries
Jun 2026 (Q2 FY26) — Jul 23, 2026
Oceaneering Q2 FY26 — Strong Operational Execution Drives Highest EBITDA Since 2015
Read the full callMar 2026 (Q1 FY26) — Apr 23, 2026
Oceaneering Q1 FY26 — Strong Order Intake and Ad Tech Growth Offset Energy Softness
Read the full callEvery analysed call
Oceaneering International earnings calls (OII)
Financials
What the filings say
Net profit, year on year: −26% (quarter to sep 2026 against sep 2025).
| Line item | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 713 | 675 | 698 | 743 | 669 | 692 | 768 | 785 |
| Operating profit | 78 | 73 | 79 | 87 | 65 | 58 | 88 | 92 |
| Operating margin | 10.9% | 10.9% | 11.3% | 11.6% | 9.8% | 8.3% | 11.5% | 11.8% |
| Interest | 10 | 9 | 9 | 9 | 9 | 9 | 8 | 9 |
| Profit before tax | — | 69 | 78 | 80 | — | 55 | 86 | 69 |
| Tax rate | — | 27.4% | 30.6% | 10.8% | — | 34.1% | 26.1% | 23.9% |
| Net profit | — | 50 | 54 | 71 | — | 36 | 65 | 53 |
| EPS ($ per share) | — | 0.50 | 0.54 | 0.71 | — | 0.36 | 0.65 | 0.53 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 |
| Reserves | 2,205 | 1,850 | 1,351 | 1,302 | 1,328 | 1,425 | 1,573 | 1,926 |
| Total liabilities | 1,410 | 1,665 | 1,488 | 1,452 | 1,506 | 1,605 | 1,616 | 1,591 |
| Fixed assets | 965 | 777 | 591 | 490 | 438 | 424 | 420 | 452 |
| Investments | — | — | 10 | 6 | 6 | 0 | 7 | 7 |
| Total assets | 2,825 | 2,741 | 2,046 | 1,963 | 2,032 | 2,239 | 2,336 | 2,667 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 37 | 158 | 137 | 225 | 121 | 210 | 203 | 319 |
| Cash from investing | -99 | -135 | -53 | -34 | -77 | -86 | -124 | -96 |
| Cash from financing | -6 | -2 | -2 | -102 | -2 | -227 | -27 | -46 |
| Net cash flow | — | — | 78 | 86 | 31 | -107 | 36 | 191 |
| Capital expenditure | -109 | -148 | -61 | -50 | -81 | -101 | -107 | -111 |
| Free cash flow | -73 | 10 | 76 | 175 | 40 | 109 | 96 | 208 |
OII revenue by segment
Aerospace and Defense Technologies Member grew from 14% to 17% of revenue over the last two years.
| Segment | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Subsea Robotics Member | — | 31% | 31% | 29% | — | 31% | 30% | 30% | +6.5% |
| Offshore Projects Group | 26% | 24% | 21% | 23% | 20% | 20% | 24% | 22% | +0.9% |
| Manufactured Products Member | — | 20% | 21% | 21% | — | 21% | 19% | 21% | +7.5% |
| Aerospace and Defense Technologies Member | — | 14% | 16% | 17% | — | 19% | 17% | 17% | +7.3% |
| Integrity Managements Digital Solutions Member | — | 11% | 11% | 10% | — | 10% | 9% | 10% | +7.1% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
OII operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| ROV fleet count | 250We maintained our fleet count of 250 ROV systems.Source: earnings call transcript | 250We maintained our fleet count of 250 ROV systems.Source: earnings call transcript | 250We maintained our fleet count of 250 ROV systems.Source: earnings call transcript | 0% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Revenue by region
Q3 FY2026 · share of revenue
- US 42% ↑ 2 pt
- GB 14% ↑ 3 pt
- Africa 13% ↓ 6 pt
- NO 9% ↑ 4 pt
- BR 8% ↓ 1 pt
- Asia Pacific 8% ↓ 3 pt
- Other Geographical 5%
As OII cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
47 filings between Jan 2, 2026 and Oct 1, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$11.30M
26 sales by 13 insiders
12% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 9
- Award — granted as compensation
- 11
- Tax withheld — shares kept back by the company to cover tax
Also filed: 1 gift.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| MCDONALD MARTIN J | — | $2.69M | May 13, 2026 |
| Childress Earl | — | $1.44M | Jul 30, 2026 |
| Laura Benjamin | — | $1.43M | Feb 26, 2026 |
| Simons Jennifer Fremont | — | $1.17M | Feb 25, 2026 |
| MCEVOY M KEVIN | — | $1.05M | Jul 30, 2026 |
| Kriendler Holly | — | $933.5K | Feb 26, 2026 |
| MURPHY PAUL B JR | — | $483.7K | Aug 7, 2026 |
| LARSON RODERICK A. | — | $456.3K | Oct 1, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 1, 2026 | LARSON RODERICK A. President and CEO | Sale | 4,300 | $190.8K |
| Oct 1, 2026 | LARSON RODERICK A. President and CEO | Sale | 1,700 | $74.1K |
| Aug 7, 2026 | MURPHY PAUL B JR Director | Sale | 10,000 | $483.7K |
| Jul 30, 2026 | MCEVOY M KEVIN Director | Sale | 3,000 | $143.8K |
| Jul 30, 2026 | DYER CHRISTOPHER J SVP, OPGroup | Sale | 1,200 | $57.2K |
| Jul 30, 2026 | Childress Earl SVP, Chief Commercial Ofc. | Sale | 12,701 | $593.3K |
| Jun 30, 2026 | GOODWIN DEANNA L Director | Sale | 7,000 | $284.8K |
| May 18, 2026 | LARSON RODERICK A. President and CEO | Sale | 5,000 | $191.4K |
| May 15, 2026 | Poddar Reema Director | Award | 4,576 | $0 |
| May 15, 2026 | Reinhardsen Jon Erik Director | Award | 4,576 | $0 |
| May 15, 2026 | WEBSTER STEVEN A Director | Award | 4,576 | $0 |
| May 15, 2026 | Jenkins Roger W. Director | Award | 4,576 | $0 |
| May 15, 2026 | BERRY WILLIAM B Director | Award | 4,576 | $0 |
| May 15, 2026 | Beachy Karen H Director | Award | 4,576 | $0 |
| May 15, 2026 | GOODWIN DEANNA L Director | Award | 4,576 | $0 |
| May 15, 2026 | MURPHY PAUL B JR Director | Award | 4,576 | $0 |
| May 15, 2026 | MCEVOY M KEVIN Director | Award | 6,729 | $0 |
| May 13, 2026 | MCDONALD MARTIN J SVP, Subsea Robotics | Sale | 43,947 | $1.69M |
| May 12, 2026 | MCDONALD MARTIN J SVP, Subsea Robotics | Sale | 26,053 | $998.6K |
| Mar 11, 2026 | MCEVOY M KEVIN Director | Sale | 25,678 | $905.7K |
| Feb 26, 2026 | Laura Benjamin SVP & Chief Operating Officer | Sale | 5,106 | $188.3K |
| Feb 26, 2026 | GRANATO LEONARDO P SVP, IMDS | Sale | 1,236 | $45.7K |
| Feb 26, 2026 | GRANATO LEONARDO P SVP, IMDS | Sale | 202 | $7.5K |
| Feb 26, 2026 | Kriendler Holly SVP, Chief H.R. Officer | Sale | 5,798 | $216.3K |
| Feb 25, 2026 | Laura Benjamin SVP & Chief Operating Officer | Sale | 33,176 | $1.24M |
| Feb 25, 2026 | DYER CHRISTOPHER J SVP, OPGroup | Sale | 6,000 | $228.5K |
| Feb 25, 2026 | Roedel Shaun SVP, Mfd. Prods. | Gift | 2,000 | $0 |
| Feb 25, 2026 | Simons Jennifer Fremont SVP, CLO and Secretary | Sale 10b5-1 plan | 10,284 | $400.7K |
| Feb 25, 2026 | Beachy Karen H Director | Sale | 9,800 | $366.6K |
| Feb 25, 2026 | GRANATO LEONARDO P SVP, IMDS | Sale | 8,415 | $315.3K |
| Feb 25, 2026 | Dunn Catherine E VP, Chief Accounting Officer | Sale | 2,866 | $108.8K |
| Feb 25, 2026 | Dunn Catherine E VP, Chief Accounting Officer | Sale | 6,204 | $232.8K |
| Feb 25, 2026 | Childress Earl SVP, Chief Commercial Ofc. | Sale | 22,518 | $842.4K |
| Feb 25, 2026 | Kriendler Holly SVP, Chief H.R. Officer | Sale | 19,007 | $717.1K |
| Feb 24, 2026 | DYER CHRISTOPHER J SVP, OPGroup | Tax withheld | 2,812 | $104.7K |
| Feb 24, 2026 | Roedel Shaun SVP, Mfd. Prods. | Tax withheld | 2,067 | $76.9K |
| Feb 24, 2026 | Kriendler Holly SVP, Chief H.R. Officer | Tax withheld | 4,048 | $150.7K |
| Feb 24, 2026 | LARSON RODERICK A. President and CEO | Tax withheld | 38,227 | $1.42M |
| Feb 24, 2026 | Childress Earl SVP, Chief Commercial Ofc. | Tax withheld | 4,695 | $174.7K |
| Feb 24, 2026 | Laura Benjamin SVP & Chief Operating Officer | Tax withheld | 5,551 | $206.6K |
| Feb 24, 2026 | Simons Jennifer Fremont SVP, CLO and Secretary | Tax withheld 10b5-1 plan | 6,673 | $248.4K |
| Feb 24, 2026 | Dunn Catherine E VP, Chief Accounting Officer | Tax withheld | 575 | $21.4K |
| Feb 24, 2026 | MCDONALD MARTIN J SVP, Subsea Robotics | Tax withheld | 4,826 | $179.6K |
| Feb 24, 2026 | GRANATO LEONARDO P SVP, IMDS | Tax withheld | 2,812 | $104.7K |
| Jan 5, 2026 | Simons Jennifer Fremont SVP, CLO and Secretary | Sale 10b5-1 plan | 843 | $22.6K |
| Jan 5, 2026 | Simons Jennifer Fremont SVP, CLO and Secretary | Sale 10b5-1 plan | 28,312 | $745.5K |
| Jan 2, 2026 | Simons Jennifer Fremont SVP, CLO and Secretary | Tax withheld 10b5-1 plan | 19,578 | $470.5K |
| Sep 2, 2025 | MURPHY PAUL B JR Director | Sale | 10,000 | $242.5K |
| Aug 27, 2025 | Curtis Alan R SVP and CFO | Sale | 14,840 | $361.5K |
| Aug 25, 2025 | Roedel Shaun SVP, Mfd. Prods. | Gift | 2,000 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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