Oceaneering International (OII) Operating Expenses (2010 - 2026)
Oceaneering International's (OII) quarterly Operating Expenses came in at $68.7 million in 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.
Analysis
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.
- On a quarterly basis, Operating Expenses fell 0.71% year-over-year to $68.7 million in Q2 2026; TTM through Jun 2026 was $271.3 million, a 6.63% increase from a year earlier, with the FY2025 full-year figure at $263.9 million, up 10.31% from the prior year.
- Operating Expenses was $68.7 million for Q2 2026 at Oceaneering International, down from $69.5 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 $58.6 million and a median of $58.9 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses slumped 47.76% in 2022 and gained 21.4% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $47.9 million in 2022, then climbed by 21.4% to $58.2 million in 2023, then climbed by 10.1% to $64.1 million in 2024, then gained by 4.42% to $66.9 million in 2025, then grew by 2.77% to $68.7 million in 2026.
- The last three Operating Expenses figures came in at $68.7 million (Q2 2026), $69.5 million (Q1 2026), and $66.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | 5.52 Bn |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | - |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | 1.52 Bn |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 663.00 Mn |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 321.77 Mn |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | 488.82 Mn |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | 230.64 Mn |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 485.40 Mn |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | 107.00 Mn |
| 10 | Oceaneering International | 5.05 Bn | 4.42 Bn | 156.98 Mn | 68.75 Mn |
Historic Data
Download Data
Historic 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 |