OCEANEERING INTERNATIONAL INC (OII) FY2025 10-K Annual Report

Filed: Feb 20, 2026
Energy
Oil & Gas Field Services, NECSEC EDGAR

OCEANEERING INTERNATIONAL INC (OII) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 20, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

OCEANEERING INTERNATIONAL INC FY2025 10-K Analysis

Business Overview

  • Core business model: Provider of engineered products and services for offshore energy, defense, and aerospace industries
  • No new products or business segments introduced or emphasized in FY2026 filing
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Management Discussion & Analysis

  • Revenue $2.78B in 2025, up 5% YoY from $2.66B in 2024, growth in all segments except IMDS
  • Operating income $305M (11%) in 2025 vs. $246M (9%) in 2024; net income $354M vs. $147M, EPS $3.49 vs. $1.44
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Risk Factors

  • OCSLA litigation risk: uncertainty from U.S. federal court cases on Presidential authority affecting offshore leasing under Outer Continental Shelf Lands Act
  • China geopolitical risk: on “Unreliable Entity List” since Sept 2025, banned from import/export and new investments in China
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OCEANEERING INTERNATIONAL INC FY2025 Key Financial Metrics
XBRL

Revenue

$2.6B

+4.1% YoY

Net Income

$354M

+139.9% YoY

Gross Margin

21.5%

+239bp YoY

Operating Margin

11.5%

+183bp YoY

Net Margin

13.4%

+758bp YoY

ROE

33.0%

+1240bp YoY

Total Assets

$2.7B

+14.2% YoY

EPS (Diluted)

$3.49

+142.4% YoY

Operating Cash Flow

$319M

+56.9% YoY

Source: XBRL data from OCEANEERING INTERNATIONAL INC FY2025 10-K filing on SEC EDGAR. All figures in USD.

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