Oceaneering International (OII) Cost of Revenue (2010 - 2026)
Oceaneering International (OII) posted quarterly Cost of Revenue of $611.2 million for Q2 2026, up 11.18% year-over-year from $549.7 million in Q2 2025, and up 8.15% quarter-over-quarter from $565.2 million in Q1 2026.
Oceaneering International (OII) Cost of Revenue (2010 - 2026) Analysis & Trends
Oceaneering International (OII) has reported Cost of Revenue for 17 consecutive years, with $611.2 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Cost of Revenue rose 11.18% year-over-year to $611.2 million; the TTM figure through Jun 2026 stood at $2.3 billion (up 4.22% YoY), while the FY2025 annual figure was $2.2 billion, up 1.84% from the prior year.
- Cost of Revenue climbed to $611.2 million in Q2 2026 per OII's latest filing, from $565.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $611.2 million in Q2 2026 and bottomed at $400.7 million in Q1 2022.
- Historically, Cost of Revenue has averaged $519.6 million across 5 years, with a median of $537.9 million in 2025.
- Annual changes were most pronounced in 2023 — Cost of Revenue grew 23.06% — and 2025, when it declined 6.16%.
- Oceaneering International's Cost of Revenue stood at $446.1 million in 2022, then climbed by 23.06% to $549.0 million in 2023, then advanced by 4.1% to $571.5 million in 2024, then declined by 6.16% to $536.3 million in 2025, then advanced by 13.97% to $611.2 million in 2026.
- Business Quant data shows OII's Cost of Revenue at $611.2 million in Q2 2026, $565.2 million in Q1 2026, and $536.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 4.34 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 5.16 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 1,981.97 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 1.36 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 3.61 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 1.61 Bn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 443.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 144.36 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 126.73 Mn |
| 10 | Oceaneering International | 5.28 Bn | 4.65 Bn | 156.98 Mn | 611.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 611.20 Mn |
| Jun 30, 2026 | 611.20 Mn |
| 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 |