Oceaneering International (OII) Tax Provisions (2010 - 2026)
Oceaneering International (OII) posted quarterly Tax Provisions of $22.5 million for Q2 2026, down 6.16% year-over-year from $24.0 million in Q2 2025, and up 20.16% quarter-over-quarter from $18.7 million in Q1 2026.
Oceaneering International (OII) Tax Provisions (2010 - 2026) Analysis & Trends
Oceaneering International (OII) has reported Tax Provisions for 17 consecutive years, with $22.5 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions fell 6.16% year-over-year to $22.5 million; the TTM figure through Jun 2026 stood at -$69.6 million (down 183.8% YoY), while the FY2025 annual figure was -$67.9 million, down 187.62% from the prior year.
- Tax Provisions advanced to $22.5 million in Q2 2026 per OII's latest filing, from $18.7 million in the prior quarter.
- Across five years, Tax Provisions topped out at $27.4 million in Q3 2024 and bottomed at -$119.5 million in Q4 2025.
- Historically, Tax Provisions has averaged $9.3 million across 5 years, with a median of $18.7 million in 2023.
- Annual changes were most pronounced in 2024 — Tax Provisions jumped 508.95% — and 2025, when it tumbled 1038.59%.
- Oceaneering International's Tax Provisions stood at $12.0 million in 2022, then plunged by 82.55% to $2.1 million in 2023, then surged by 508.95% to $12.7 million in 2024, then sank by 1038.59% to -$119.5 million in 2025, then jumped by 118.83% to $22.5 million in 2026.
- Business Quant data shows OII's Tax Provisions at $22.5 million in Q2 2026, $18.7 million in Q1 2026, and -$119.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 204.00 Mn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 210.00 Mn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | -81,938.00 Bn |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 114.10 Mn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 126.00 Mn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 41.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 33.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 21.10 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 25.82 Mn |
| 10 | Oceaneering International | 5.28 Bn | 4.65 Bn | 156.98 Mn | 22.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.50 Mn |
| Mar 31, 2026 | 18.72 Mn |
| Dec 31, 2025 | -119.45 Mn |
| Sep 30, 2025 | 8.62 Mn |
| Jun 30, 2025 | 23.97 Mn |
| Mar 31, 2025 | 19.00 Mn |
| Dec 31, 2024 | 12.73 Mn |
| Sep 30, 2024 | 27.37 Mn |
| Jun 30, 2024 | 20.31 Mn |
| Mar 31, 2024 | 17.04 Mn |
| Dec 31, 2023 | 2.09 Mn |
| Sep 30, 2023 | 23.51 Mn |
| Jun 30, 2023 | 19.47 Mn |
| Mar 31, 2023 | 18.59 Mn |
| Dec 31, 2022 | 11.98 Mn |
| Sep 30, 2022 | 19.69 Mn |
| Jun 30, 2022 | 11.18 Mn |
| Mar 31, 2022 | 10.26 Mn |
| Dec 31, 2021 | 11.74 Mn |
| Sep 30, 2021 | 13.56 Mn |