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| Date | Value |
|---|---|
| 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 |