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| 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 |