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