Oceaneering International (OII) Cost of Revenue (2010 - 2026)

Oceaneering International's (OII) quarterly Cost of Revenue came in at $565.2 million in Q1 2026, up 4.75% year-on-year from $539.5 million in Q1 2025, and up 5.38% on a QoQ basis from $536.3 million in Q4 2025.

Oceaneering International (OII) Cost of Revenue (2010 - 2026) Analysis & Trends

Oceaneering International (OII) has 17 years of Cost of Revenue data on file, last reported at $565.2 million in Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 4.75% year-over-year to $565.2 million in Q1 2026; TTM through Mar 2026 was $2.2 billion, a 1.49% increase from a year earlier, with the FY2025 full-year figure at $2.2 billion, up 1.84% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $565.2 million, up from $536.3 million in the prior quarter.
  • Over the last five years, Cost of Revenue for OII reached as high as $590.2 million in Q3 2025 and fell as low as $400.7 million in Q1 2022.
  • Historically, Cost of Revenue has averaged $514.2 million across 5 years, with a median of $536.3 million in 2025.
  • Across the five-year window, Cost of Revenue advanced 23.06% in 2023 and slipped 6.16% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $446.1 million in 2022, then increased by 23.06% to $549.0 million in 2023, then grew by 4.1% to $571.5 million in 2024, then retreated by 6.16% to $536.3 million in 2025, then gained by 5.38% to $565.2 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $565.2 million in Q1 2026, $536.3 million in Q4 2025, and $590.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 3.34 Bn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 2.05 Bn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 855.20 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 3.37 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 1.67 Bn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 329.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 126.34 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 565.16 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 122.88 Mn
10 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn 166.19 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 565.16 Mn
Mar 31, 2026 565.16 Mn
Dec 31, 2025 536.30 Mn
Dec 31, 2025 536.30 Mn
Sep 30, 2025 590.17 Mn
Sep 30, 2025 590.17 Mn
Jun 30, 2025 549.73 Mn
Jun 30, 2025 549.73 Mn
Mar 31, 2025 539.51 Mn
Mar 31, 2025 539.51 Mn
Dec 31, 2024 571.51 Mn
Dec 31, 2024 571.51 Mn
Sep 30, 2024 548.85 Mn
Sep 30, 2024 548.85 Mn
Jun 30, 2024 548.60 Mn
Jun 30, 2024 548.60 Mn
Mar 31, 2024 506.71 Mn
Mar 31, 2024 506.71 Mn
Dec 31, 2023 549.00 Mn
Dec 31, 2023 549.00 Mn