Oceaneering International (OII) Free Cash Flow (2009 - 2026)
Oceaneering International (OII) posted quarterly Free Cash Flow of $32.0 million for Q2 2026, down 31.74% year-over-year from $46.9 million in Q2 2025, and up 141.85% quarter-over-quarter from -$76.5 million in Q1 2026.
Oceaneering International (OII) Free Cash Flow (2009 - 2026) Analysis & Trends
Oceaneering International (OII) has reported Free Cash Flow for 18 consecutive years, with $32.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Free Cash Flow fell 31.74% year-over-year to $32.0 million; the TTM figure through Jun 2026 stood at $223.2 million (up 119.6% YoY), while the FY2025 annual figure was $207.8 million, up 116.33% from the prior year.
- Free Cash Flow advanced to $32.0 million in Q2 2026 per OII's latest filing, from -$76.5 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $190.7 million in Q4 2025 and bottomed at -$106.8 million in Q1 2025.
- Historically, Free Cash Flow has averaged $22.7 million across 5 years, with a median of $39.5 million in 2025.
- Annual changes were most pronounced in 2022 — Free Cash Flow slumped 703.57% — and 2024, when it soared 1605.56%.
- Oceaneering International's Free Cash Flow stood at $133.5 million in 2022, then fell by 11.05% to $118.8 million in 2023, then decreased by 20.43% to $94.5 million in 2024, then jumped by 101.78% to $190.7 million in 2025, then sank by 83.21% to $32.0 million in 2026.
- Business Quant data shows OII's Free Cash Flow at $32.0 million in Q2 2026, -$76.5 million in Q1 2026, and $190.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 900.00 Mn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 1.05 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 638.98 Mn |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 487.90 Mn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 589.00 Mn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | -64.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 133.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | -100.74 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 62.82 Mn |
| 10 | Oceaneering International | 5.28 Bn | 4.65 Bn | 156.98 Mn | 32.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.03 Mn |
| Jun 30, 2026 | 32.03 Mn |
| Mar 31, 2026 | -76.52 Mn |
| Mar 31, 2026 | -76.52 Mn |
| Dec 31, 2025 | 190.69 Mn |
| Dec 31, 2025 | 190.69 Mn |
| Sep 30, 2025 | 77.05 Mn |
| Sep 30, 2025 | 77.05 Mn |
| Jun 30, 2025 | 46.92 Mn |
| Jun 30, 2025 | 46.92 Mn |
| Mar 31, 2025 | -106.81 Mn |
| Mar 31, 2025 | -106.81 Mn |
| Dec 31, 2024 | 94.50 Mn |
| Dec 31, 2024 | 94.50 Mn |
| Sep 30, 2024 | 67.05 Mn |
| Sep 30, 2024 | 67.05 Mn |
| Jun 30, 2024 | 29.77 Mn |
| Jun 30, 2024 | 29.77 Mn |
| Mar 31, 2024 | -95.24 Mn |
| Mar 31, 2024 | -95.24 Mn |