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

Oceaneering International's (OII) quarterly Gross Margin came in at 18.38% in Q1 2026, down 164.0% year-on-year from 28.72% in Q1 2025, and down 7.1% on a QoQ basis 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.

  • On a quarterly basis, Gross Margin fell 164.0% year-over-year to 18.38% in Q1 2026; TTM through Mar 2026 was 20.01%, a 71.0% increase from a year earlier, with the FY2025 full-year figure at 20.42%, up 217.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 18.38%, down from 19.78% in the prior quarter.
  • Over the last five years, Gross Margin for OII reached as high as 21.26% in Q2 2025 and fell as low as 10.19% in Q1 2022.
  • Historically, Gross Margin has averaged 17.45% across 5 years, with a median of 17.97% in 2024.
  • Across the five-year window, Gross Margin slumped 275 bps in 2022 and jumped 460 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 16.8% in 2022, then slipped by 4 bps to 16.14% in 2023, then climbed by 23 bps to 19.89% in 2024, then retreated by 1 bps to 19.78% in 2025, then declined by 7 bps to 18.38% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 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 78.08 Bn 74.69 Bn 5.38 Bn 61.69%
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 33.87%
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 65.69%
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 37.69%
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 18.47%
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 70.23%
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 66.20%
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 18.38%
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 64.46%
10 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn 49.06%

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%