Oceaneering International (OII) Gross Margin (2010 - 2026)
Oceaneering International (OII) posted quarterly Gross Margin of 20.44% for Q2 2026, down 82.0% year-over-year from 113.53% in Q2 2025, and up 11.18% quarter-over-quarter from 18.38% in Q1 2026.
Oceaneering International (OII) Gross Margin (2010 - 2026) Analysis & Trends
Oceaneering International (OII) has reported Gross Margin for 17 consecutive years, with 20.44% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 82.0% year-over-year to 20.44%; the TTM figure through Jun 2026 stood at 19.82% (down 29.0% YoY), while the FY2025 annual figure was 20.42%, up 217.0% from the prior year.
- Gross Margin climbed to 20.44% in Q2 2026 per OII's latest filing, from 18.38% in the prior quarter.
- Across five years, Gross Margin topped out at 21.26% in Q2 2025 and bottomed at 10.19% in Q1 2022.
- Historically, Gross Margin has averaged 17.62% across 5 years, with a median of 18.02% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 275 bps — and 2025, when it soared 460 bps.
- Oceaneering International's Gross Margin stood at 16.8% in 2022, then retreated by 4 bps to 16.14% in 2023, then gained by 23 bps to 19.89% in 2024, then declined by 1 bps to 19.78% in 2025, then grew by 3 bps to 20.44% in 2026.
- Business Quant data shows OII's Gross Margin at 20.44% in Q2 2026, 18.38% in Q1 2026, and 19.78% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 51.63% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.46% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 50.62% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 36.80% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 24.41% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 59.91% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 63.09% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 65.86% |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 20.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.44% |
| 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% |