Oceaneering International (OII) Operating Expenses (2010 - 2026)
Oceaneering International (OII) posted quarterly Operating Expenses of $68.7 million for Q2 2026, down 0.71% year-over-year from $69.2 million in Q2 2025, and down 1.06% quarter-over-quarter from $69.5 million in Q1 2026.
Oceaneering International (OII) Operating Expenses (2010 - 2026) Analysis & Trends
Oceaneering International (OII) has reported Operating Expenses for 17 consecutive years, with $68.7 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses fell 0.71% year-over-year to $68.7 million; the TTM figure through Jun 2026 stood at $271.3 million (up 6.63% YoY), while the FY2025 annual figure was $263.9 million, up 10.31% from the prior year.
- Operating Expenses slipped to $68.7 million in Q2 2026 per OII's latest filing, from $69.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $69.5 million in Q1 2026 and bottomed at $46.5 million in Q1 2022.
- Historically, Operating Expenses has averaged $58.6 million across 5 years, with a median of $58.9 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses sank 47.76% — and 2023, when it advanced 21.4%.
- Oceaneering International's Operating Expenses stood at $47.9 million in 2022, then increased by 21.4% to $58.2 million in 2023, then increased by 10.1% to $64.1 million in 2024, then climbed by 4.42% to $66.9 million in 2025, then rose by 2.77% to $68.7 million in 2026.
- Business Quant data shows OII's Operating Expenses at $68.7 million in Q2 2026, $69.5 million in Q1 2026, and $66.9 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 324.00 Mn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 723.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -484,107.00 Bn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 2.28 Bn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 4.94 Bn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 1.04 Bn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 998.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 266.88 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 39.97 Mn |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 68.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 68.75 Mn |
| Mar 31, 2026 | 69.48 Mn |
| Dec 31, 2025 | 66.89 Mn |
| Sep 30, 2025 | 66.22 Mn |
| Jun 30, 2025 | 69.24 Mn |
| Mar 31, 2025 | 61.54 Mn |
| Dec 31, 2024 | 64.06 Mn |
| Sep 30, 2024 | 59.63 Mn |
| Jun 30, 2024 | 59.85 Mn |
| Mar 31, 2024 | 55.69 Mn |
| Dec 31, 2023 | 58.18 Mn |
| Sep 30, 2023 | 56.77 Mn |
| Jun 30, 2023 | 51.88 Mn |
| Mar 31, 2023 | 50.82 Mn |
| Dec 31, 2022 | 47.93 Mn |
| Sep 30, 2022 | 48.88 Mn |
| Jun 30, 2022 | 53.19 Mn |
| Mar 31, 2022 | 46.52 Mn |
| Dec 31, 2021 | 91.74 Mn |
| Sep 30, 2021 | 44.08 Mn |