NYSE$OII

Oceaneering International · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Oceaneering reported Q4 2025, revenue of $669M, net income of $178M.

For Q4 2025, Oceaneering reported revenue of $669M, net income of $178M. Management discusses segment performance, capital allocation, and outlook in the earnings release.

  • Revenue $669M.
  • Net income $178M.
  • Oceaneering highlights liquidity, operations, and 2026 priorities.

Headline financials

Total Revenue

$669M

Previous: $713M-6.2%
EPS (adj)

$0.45

Previous: $0.37+21.6%
Adjusted EBITDA

$90.5M

Previous: $102M-10.9%
Operating Income Margin

10.0%

Previous: 11.0%-9.1%
ROV Fleet Utilization

62.0%

Previous: 66.0%-6.1%
ROV Revenue Per Day Utilized

$11.6K

No prior period
Shares Repurchased

$10.1M

No prior period
Manufactured Products Backlog

$511M

Previous: $604M-15.4%
Manufactured Products Book-to-Bill Ratio

0.84

No prior period
Net Income

$178M

Previous: $56.1M+217.3%
Operating Income

$65.4M

Previous: $77.9M-16.0%
Gross Profit

$132M

Previous: $142M-6.8%

Revenue & EPS history

Oceaneering · Revenue · Quarterly

$669M

Q4 2025-6.2%vs Q4 2024
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Revenue by segment

Oceaneering · $635M total across 5 segments · Q3 2023

  • Subsea Robotics
    $197M+16.5%
  • Offshore Projects Group
    $150M-1.8%
  • Manufactured Products
    $123M+30.7%
  • Aerospace and Defense Technologies
    $98.6M+16.4%
  • Integrity Management & Digital Solutions
    $66.1M+13.0%

Forward guidance

The release discusses Oceaneering's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Oceaneering cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-0.4%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+0.3%

Avg return

30 days after

49%

34 / 69 earnings

Positive

+22.5%

Q3 2022

Best reaction

-20.6%

Q3 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.3%-2.4%+0.7%
Q4 2025+9.2%+17.3%+5.7%
Q3 2025-3.6%-6.1%-2.2%
Q2 2025+0.2%+0.9%+8.6%
Q1 2025+3.8%+7.1%+10.0%
Q4 2024-4.1%-11.8%-14.6%
Q3 2024+3.2%+4.3%+25.8%
Q2 2024+10.5%+10.9%+2.4%
Q1 2024+5.8%+5.0%+0.2%
Q4 2023+0.2%-2.5%+3.3%
Q3 2023-10.9%-9.1%-15.7%
Q2 2023-10.9%-5.1%-9.3%
Q1 2023+0.9%+0.8%-4.4%
Q4 2022+6.9%+12.9%-12.5%
Q3 2022+22.5%+31.0%+39.0%
Q2 2022-4.3%-2.2%-11.1%
Q1 2022-8.2%-11.3%-0.3%
Q4 2021-3.3%-4.1%+10.9%
Q3 2021-9.6%-11.1%-28.9%
Q2 2021+6.5%-0.2%-2.1%
Q1 2021+5.4%+6.1%+35.0%
Q4 2020+13.7%+26.3%+15.5%
Q3 2020-0.3%+9.6%+74.1%
Q2 2020-1.0%-4.0%-5.2%
Q1 2020-2.3%+18.0%+43.2%
Q4 2019-14.3%-18.7%-69.9%
Q3 2019+1.2%+6.4%-4.1%
Q2 2019-17.1%-20.6%-33.5%
Q1 2019+11.4%+11.1%-1.9%
Q4 2018+5.6%+9.1%+3.6%
Q3 2018-14.1%-20.9%-25.8%
Q2 2018-2.0%+2.6%+3.7%
Q1 2018+1.9%+3.1%+11.2%
Q4 2017+6.5%+0.0%+3.3%
Q3 2017-20.6%-19.1%-22.0%
Q2 2017+0.9%+4.1%-9.6%
Q1 2017+0.2%-1.4%-6.1%
Q4 2016-0.3%+1.8%-3.2%
Q3 2016-6.0%-5.3%+1.1%
Q2 2016-4.6%-8.6%-2.1%
Q1 2016-7.5%
Q4 2015-6.3%
Q3 2015-3.5%
Q2 2015-2.7%
Q1 2015+0.8%
Q4 2014-8.9%
Q3 2014+2.7%
Q2 2014-3.7%
Q1 2014+3.4%
Q4 2013+0.6%
Q3 2013+3.3%
Q2 2013+3.0%
Q1 2013+9.8%
Q4 2012+2.9%
Q3 2012-0.2%
Q2 2012+1.7%
Q1 2012-0.5%
Q4 2010-2.7%
Q4 2011-2.7%
Q3 2011+7.5%
Q2 2011-8.9%
Q1 2010-2.1%
Q1 2011+2.7%
Q4 2008+7.4%
Q3 2009+1.3%
Q3 2010+1.3%
Q4 2009-1.4%
Q2 2009-1.4%
Q2 2010-1.4%

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