Oceaneering International, Inc. (OII) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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OII Revenue Growth
Revenue Breakdown (FY 2025)
OII's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
OII Revenue Analysis (2014–2025)
As of May 8, 2026, Oceaneering International, Inc. (OII) generated trailing twelve-month (TTM) revenue of $2.80 billion, reflecting modest growth of +2.7% year-over-year. The most recent quarter (Q1 2026) recorded $692.4 million in revenue, up 3.6% sequentially.
Looking at the longer-term picture, OII's 5-year compound annual growth rate (CAGR) stands at +8.8%, indicating steady revenue expansion. The company achieved its highest annual revenue of $3.66 billion in 2014.
Revenue diversification analysis shows OII's business is primarily driven by Subsea Robotics (31%), Offshore Projects Group (22%), and Manufactured Products (20%).
When compared to Energy sector peers including TDW (-0.9% YoY), CLOV (+48.7% YoY), and ACDC (-11.4% YoY), OII has underperformed the peer group in terms of revenue growth. Compare OII vs TDW →
OII Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| OIICurrent | $2.8B | +2.7% | +8.8% | 10.9% | |
 TDW | $1.4B | -0.9% | +27.8% | 21.4% | |
 CLOV | $1.9B | +48.7% | +23.4% | -4.4% | |
 ACDC | $1.9B | -11.4% | +28.8% | -6.9% | |
 NESR | $1.3B | +7.6% | +14.6% | 10.6% | |
 DNOW | $2.8B | +41.3% | +11.7% | -2.9% |
OII Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.78B | +4.6% | $568.4M | 20.4% | $304.6M | 10.9% |
| 2024 | $2.66B | +9.8% | $485.5M | 18.2% | $246.3M | 9.3% |
| 2023 | $2.42B | +17.4% | $399.0M | 16.5% | $181.3M | 7.5% |
| 2022 | $2.07B | +10.5% | $307.4M | 14.9% | $110.9M | 5.4% |
| 2021 | $1.87B | +2.3% | $264.1M | 14.1% | $39.8M | 2.1% |
| 2020 | $1.83B | -10.8% | $163.9M | 9.0% | $-446,079,000 | -24.4% |
| 2019 | $2.05B | +7.3% | $98.2M | 4.8% | $-116,647,000 | -5.7% |
| 2018 | $1.91B | -0.6% | $129.2M | 6.8% | $-145,482,000 | -7.6% |
| 2017 | $1.92B | -15.4% | $194.6M | 10.1% | $10.7M | 0.6% |
| 2016 | $2.27B | -25.8% | $279.2M | 12.3% | $70.8M | 3.1% |
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Start ComparisonOII — Frequently Asked Questions
Quick answers to the most common questions about buying OII stock.
Is OII's revenue growth accelerating or slowing?
OII revenue growth slowed to +2.7%, below the 5-year CAGR of +8.8%. TTM revenue is $2.8B. The deceleration marks a shift from historical growth rates.
What is OII's long-term revenue growth rate?
Oceaneering International, Inc.'s 5-year revenue CAGR of +8.8% reflects the variable expansion pattern. Current YoY growth of +2.7% is near this long-term average.
How is OII's revenue distributed by segment?
OII reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.