Inferra AI / Company / OII
Oceaneering International Inc.
OII · Energy
Last earnings Oct 21, 2026
Key results
Revenuequarter
9%
As compared to the third quarter of 2024 Revenue increased 9% to $743 million Operating income increased 21% to $86.5 million Net income increased 73% to $71.3 million and Adjusted EBITDA increased 13% to $111 million.
SEC original ↗Oceaneering International Inc. — Earnings release (8-K exhibit)EX-99Oct 22, 2025
Operating incomequarter
21%
As compared to the third quarter of 2024 Revenue increased 9% to $743 million Operating income increased 21% to $86.5 million Net income increased 73% to $71.3 million and Adjusted EBITDA increased 13% to $111 million.
SEC original ↗Oceaneering International Inc. — Earnings release (8-K exhibit)EX-99Oct 22, 2025
Net incomequarter
73%
As compared to the third quarter of 2024 Revenue increased 9% to $743 million Operating income increased 21% to $86.5 million Net income increased 73% to $71.3 million and Adjusted EBITDA increased 13% to $111 million.
SEC original ↗Oceaneering International Inc. — Earnings release (8-K exhibit)EX-99Oct 22, 2025
Free cash flowquarter
$77.0 million
Cash flow provided by operating activities was $101 million and free cash flow was $77.0 million, with an ending cash position of $506 million.
SEC original ↗Oceaneering International Inc. — Earnings release (8-K exhibit)EX-99Oct 22, 2025
SSR revenuequarter
$219 million
Third Quarter 2025 Segment Results As compared to the third quarter of 2024 SSR revenue of $219 million, operating income of $65.1 million, and EBITDA margin of 36% were essentially flat.
SEC original ↗Oceaneering International Inc. — Earnings release (8-K exhibit)EX-99Oct 22, 2025
ROV revenuequarter
6%
ROV revenue per day utilized increased 6% to $11,254.
SEC original ↗Oceaneering International Inc. — Earnings release (8-K exhibit)EX-99Oct 22, 2025
Manufactured Products operating incomequarter
$24.7 million
Manufactured Products operating income of $24.7 million improved 119% and operating income margin expanded to 16% on a 9% increase in revenue.
SEC original ↗Oceaneering International Inc. — Earnings release (8-K exhibit)EX-99Oct 22, 2025
OPG operating incomequarter
17%
OPG operating income increased 17% to $23.7 million on a 16% increase in revenue.
SEC original ↗Oceaneering International Inc. — Earnings release (8-K exhibit)EX-99Oct 22, 2025
Operating income margin was flat at 14%.
SEC original ↗Oceaneering International Inc. — Earnings release (8-K exhibit)EX-99Oct 22, 2025
Integrity Management and Digital Solutions (IMDS) operating income increased significantly, and operating income margin improved on a 4% decrease in revenue due to the absence of a one-time, non-cash charge in the third quarter of 2024 related to the divestiture of the Maritime Intelligence division.
SEC original ↗Oceaneering International Inc. — Earnings release (8-K exhibit)EX-99Oct 22, 2025
AI analysis
Q3 2025 · reported Oct 22, 2025
Based on: Earnings release + parent 8-K — transcript not held
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | 9% | — | — |
| Operating income | 21% | — | — |
| Net income | 73% | — | — |
| Free cash flow | $77.0 million | — | — |
| SSR revenue | $219 million | — | — |
| ROV revenue | 6% | — | — |
| Manufactured Products operating income | $24.7 million | — | — |
| OPG operating income | 17% | — | — |
Guidance · company-stated
“Accordingly, we are initiating full-year 2026 consolidated EBITDA guidance in the range of $390 million to $440 million.”
“Initial Full-Year 2026 Guidance Consolidated EBITDA is projected to be in the range of $390 million to $440 million.”
“1 Fourth Quarter 2025 Guidance As compared to the fourth quarter of 2024, consolidated fourth quarter 2025 revenue is expected to be lower.”
Primary outlook statements conflict; no label forced — evidence preserved.
Cash flow & capex
Capital allocation
Shares repurchased were 440,814 for approximately $10.1 million.
Share repurchase activity is expected to continue.
Event summary
Rod Larson, Oceaneering's President and Chief Executive Officer, stated, Our team continues to deliver positive results in a dynamic market environment
Based on: Earnings release + parent 8-K — transcript not held
Guidance & outlook
Company outlook: “Accordingly, we are initiating full-year 2026 consolidated EBITDA guidance in the range of $390 million to $440 million.”
Company outlook: “Initial Full-Year 2026 Guidance Consolidated EBITDA is projected to be in the range of $390 million to $440 million.”
Company outlook — Initiated (“initiating”)
“Accordingly, we are initiating full-year 2026 consolidated EBITDA guidance in the range of $390 million to $440 million.”
Revenue — Lowered (“lower”)
“1 Fourth Quarter 2025 Guidance As compared to the fourth quarter of 2024, consolidated fourth quarter 2025 revenue is expected to be lower.”
Company outlook — Initiated (“Initial”)
“Initial Full-Year 2026 Guidance Consolidated EBITDA is projected to be in the range of $390 million to $440 million.”
Company outlook — Initiated (“initial”)
“Central Time, to discuss its results for the third quarter of 2025, guidance for the fourth quarter and full year of 2025, and initial guidance for the full year of 2026.”
Primary outlook statements conflict; no label forced — evidence preserved.
Capital allocation
Shares repurchased were 440,814 for approximately $10.1 million.
SEC original ↗Oceaneering International Inc. — Earnings release (8-K exhibit)EX-99Oct 22, 2025
Share repurchase activity is expected to continue.
SEC original ↗Oceaneering International Inc. — Earnings release (8-K exhibit)EX-99Oct 22, 2025
We define free cash flow as cash flow provided by operating activities less organic capital expenditures ( i.
SEC original ↗Oceaneering International Inc. — Earnings release (8-K exhibit)EX-99Oct 22, 2025
Risks & headwinds
The forward-looking statements included in this release are based on Oceaneering's current expectations and are subject to certain risks, assumptions, trends, and uncertainties that could cause actual results to differ materially from those indicated by the forward-looking statements.
SEC original ↗Oceaneering International Inc. — Earnings release (8-K exhibit)EX-99Oct 22, 2025
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
35 documentsEarnings releases
8 documentsPresentations
0 documentsNo presentations for Oceaneering International Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Oceaneering International Inc. are held in this edition of the library.
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