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