Oceaneering International (OII) Operating Expenses (2010 - 2026)

Oceaneering International (OII) reported Operating Expenses of $69.5 million for Q1 2026, up 12.91% year-over-year from $61.5 million in Q1 2025, and up 3.88% quarter-over-quarter from $66.9 million in Q4 2025.

Oceaneering International (OII) Operating Expenses (2010 - 2026) Analysis & Trends

Oceaneering International (OII) has 17 years of Operating Expenses data on file, last reported at $69.5 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $69.5 million, up 12.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $271.8 million (up 10.92% YoY), and the FY2025 annual result was $263.9 million, up 10.31% from the prior year.
  • Operating Expenses rose to $69.5 million in Q1 2026 per OII's latest filing, from $66.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $69.5 million in Q1 2026 and troughed at $46.5 million in Q1 2022.
  • A 5-year average of $58.0 million and a median of $58.2 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses sank 47.76% in 2022, then advanced 21.4% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $47.9 million in 2022, then grew by 21.4% to $58.2 million in 2023, then grew by 10.1% to $64.1 million in 2024, then advanced by 4.42% to $66.9 million in 2025, then increased by 3.88% to $69.5 million in 2026.
  • Business Quant data shows OII's Operating Expenses at $69.5 million in Q1 2026, $66.9 million in Q4 2025, and $66.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 261.00 Mn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 732.00 Mn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 4.72 Bn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 2.14 Bn
5 Enerflex 8.62 Bn 8.57 Bn - -76.01 Mn
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 9.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 1.03 Bn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 45.83 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 238.95 Mn
10 Oceaneering International 3.70 Bn 3.10 Bn 127.27 Mn 69.48 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 45.58 Mn