Oil States Q1 revenue falls 9% YoY to $145M; adjusted net income $5M

OIL STATES INTERNATIONAL, INC

2026-Q1 EPS reported $0.02 vs consensus $0.09 ▼ miss (-76.7%)

Revenue $145M (-9% YoY); net income $1.1M ($0.02 EPS); adjusted net income $5M ($0.09 EPS)
Adjusted EBITDA $16.7M vs $18.7M last year; margins pressured by geopolitical delays in Middle East.
Retired $52.7M of 4.75% convertible notes Apr 1 with cash ($25.5M), revolver ($25M), 529k shares.
Backlog $430M, book-to-bill 0.9x; received two SPE OTC 2026 technology awards (GeoLok, MPD tool).
Restructuring/impairment charges $4.1M in Q1; new Jan 2026 credit facility ($75M revolver + $50M term loan).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OIL STATES INTERNATIONAL, INC reported the quarter ended March 31, 2026 results: revenue $145 million, net income $1 million, or $0.02 per share, EPS $0.02 per share.

Period: the quarter ended March 31, 2026
Revenue: $145 million
Net income: $1 million, or $0.02 per share
EPS: $0.02 per share
Result: reported results

Exact text from the filing

Securities Act of 1933, as amended, unless specifically stated so therein. --- EX-99 (EX-99) --- Oil States Announces First Quarter 2026 Results • Consolidated revenues of $145 million • Net income of $1 million, or $0.02 per share • Adjusted net income totaled $5 million, or $0.09 per share, excluding restructuring and asset impairment charges (a non-GAAP

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Source: SEC EDGAR

accession 0001121484-26-000021

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