Oceaneering International Share Price Today

Oceaneering Q3 2026 Results: Revenue rises 6%, EBITDA up 7% YoY

Q3 2026 revenue rose 6% YoY to $785 million, with Adjusted EBITDA up 7% to $119 million. Net income attributable to Oceaneering fell 26% to $52.6 million, impacted by a loss on debt extinguishment. Free cash flow reached $142 million; quarter-end cash stood at $735 million versus $506 million a year earlier. SSR segment EBITDA margin expanded to 39%; Manufactured Products backlog stood at $435 million as of September 30, 2026. Full-year 2027 EBITDA guidance initiated in the range of $430 million to $480 million.

Oceaneering secures $154 million US Navy dry deck shelter contract

Oceaneering's ADTech segment secured a follow-on U.S. Navy contract for Dry Deck Shelter services. The five-year agreement has a potential value of $154 million. The contract structure includes one base year and four option years. Services cover maintenance, overhaul, engineering, and field changes for special operations support.

Oceaneering schedules Q3FY26 earnings release for October 21

Oceaneering International will report Q3FY26 financial results on October 21, 2026. Conference call scheduled for October 22, 2026, at 11:00 am ET. Earnings release and webcast link available on Investor Relations website.

Oceaneering FY26 Sales Guidance $2.8B-$3.0B vs $2.909B Estimate

Oceaneering International projects FY2026 sales between $2.800 billion and $3.000 billion. The guidance range encompasses the analyst estimate of $2.909 billion. Midpoint of guidance ($2.900 billion) is slightly below consensus expectations.

Oceaneering to present at Q3 2026 investor conferences

Oceaneering International, Inc. (NYSE: OII) will participate in four investor conferences in Q3 2026. CEO Rod Larson and CFO Mike Sumruld will discuss energy and defense strategies with institutional investors in New York and Austin.

Oceaneering International Reports Second Quarter 2026 Results; Raises Full-Year EBITDA Guidance

Oceaneering International reported second quarter 2026 revenue of $768 million, up 10% year-over-year, with net income attributable to Oceaneering rising 19% to $65.0 million and adjusted EBITDA of $115 million exceeding the top end of guidance. Strong performance was led by the Offshore Projects Group, while IMDS was impacted by lower activity in West Africa and the Middle East conflict. The company completed key financing transactions, issuing $500 million in 6.875% senior notes due 2034 and expanding its revolving credit facility from $215 million to $345 million. Full-year 2026 consolidated adjusted EBITDA guidance was updated to a range of $400 million to $440 million.