secwatch.observer — SEC 8-K summary
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Issuer:     OCEANEERING INTERNATIONAL INC (OII)
CIK:        0000073756
Form:       8-K
Filed at:   2026-02-18T23:59:59+00:00
Accession:  0000073756-26-000011
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oceaneering Q4 2025: Revenue $669M (-6%), net income $178M (+217%) on tax benefit; FY2025 EBITDA +16%
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- Q4 revenue $669M (-6% YoY), operating income $65.4M (-16%), adjusted EBITDA $90.5M (-11%).
- Q4 net income $178M (+217%) includes discrete tax benefit from valuation allowance release.
- Full-year 2025 revenue $2.8B (+5%), adjusted EBITDA $401M (+16%), seventh consecutive year of growth.
- FY2026 guidance: EBITDA $390M-$440M, free cash flow $100M-$120M; Q1 2026 EBITDA $80M-$90M.
- ADTech op income +43%, revenue +29%; OPG op income -62%; share repurchases $40.3M in FY2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/73756/000007375626000011/0000073756-26-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/73756/000007375626000011/oii-20260218.htm
  HTML page:      https://secwatch.observer/filing/0000073756-26-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer