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

Oceaneering International's (OII) quarterly Operating Expenses came in at $69.5 million in Q1 2026, up 12.91% year-on-year from $61.5 million in Q1 2025, and up 3.88% on a QoQ basis 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.

  • On a quarterly basis, Operating Expenses rose 12.91% year-over-year to $69.5 million in Q1 2026; TTM through Mar 2026 was $271.8 million, a 10.92% increase from a year earlier, with the FY2025 full-year figure at $263.9 million, up 10.31% from the prior year.
  • Operating Expenses for Q1 2026 stood at $69.5 million, up from $66.9 million in the prior quarter.
  • Over the last five years, Operating Expenses for OII reached as high as $69.5 million in Q1 2026 and fell as low as $46.5 million in Q1 2022.
  • Historically, Operating Expenses has averaged $58.0 million across 5 years, with a median of $58.2 million in 2023.
  • Across the five-year window, Operating Expenses tumbled 47.76% in 2022 and rose 21.4% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $47.9 million in 2022, then gained by 21.4% to $58.2 million in 2023, then gained by 10.1% to $64.1 million in 2024, then increased by 4.42% to $66.9 million in 2025, then advanced by 3.88% to $69.5 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $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 78.08 Bn 74.69 Bn 5.38 Bn 261.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -466.59 Mn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 2.14 Bn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 4.72 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 9.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 998.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 45.37 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 69.48 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 238.95 Mn
10 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn 267.24 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