Oceaneering International (OII) Gross Margin (2010 - 2026)

Oceaneering International (OII) reported Gross Margin of 18.38% for Q1 2026, down 164.0% year-over-year from 28.72% in Q1 2025, and down 7.1% quarter-over-quarter from 19.78% in Q4 2025.

Oceaneering International (OII) Gross Margin (2010 - 2026) Analysis & Trends

Oceaneering International (OII) has 17 years of Gross Margin data on file, last reported at 18.38% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 18.38%, down 164.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.01% (up 71.0% YoY), and the FY2025 annual result was 20.42%, up 217.0% from the prior year.
  • Gross Margin fell to 18.38% in Q1 2026 per OII's latest filing, from 19.78% in the prior quarter.
  • Over five years, Gross Margin peaked at 21.26% in Q2 2025 and troughed at 10.19% in Q1 2022.
  • A 5-year average of 17.45% and a median of 17.97% in 2024 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2025: Gross Margin plunged 275 bps in 2022, then soared 460 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 16.8% in 2022, then fell by 4 bps to 16.14% in 2023, then rose by 23 bps to 19.89% in 2024, then dropped by 1 bps to 19.78% in 2025, then decreased by 7 bps to 18.38% in 2026.
  • Business Quant data shows OII's Gross Margin at 18.38% in Q1 2026, 19.78% in Q4 2025, and 20.56% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 53.57%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 22.98%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 37.69%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 59.67%
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 5.80%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 76.04%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 66.20%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 64.46%
10 Oceaneering International 3.70 Bn 3.10 Bn 127.27 Mn 18.38%

Historic Data

Download Data
DateValue
Mar 31, 2026 18.38%
Dec 31, 2025 19.78%
Sep 30, 2025 20.56%
Jun 30, 2025 21.26%
Mar 31, 2025 20.02%
Dec 31, 2024 19.89%
Sep 30, 2024 19.26%
Jun 30, 2024 17.97%
Mar 31, 2024 15.42%
Dec 31, 2023 16.14%
Sep 30, 2023 18.06%
Jun 30, 2023 16.91%
Mar 31, 2023 14.44%
Dec 31, 2022 16.80%
Sep 30, 2022 17.11%
Jun 30, 2022 14.51%
Mar 31, 2022 10.19%
Dec 31, 2021 16.96%
Sep 30, 2021 12.82%
Jun 30, 2021 13.73%