14h agoThe Motley FoolBULLISH 67Earnings
Oceaneering (OII) Q3 2026 Earnings Call Transcript
Subsea robotics pricing gains and defense contracts drive 2027 EBITDA guidance of $430M–$480M.
Archived explainer. For the current picture see today's OII page.
Why Is OCEANEERING INTL INC (OII) Stock Down Today?
By the Top Tier Newswire AI Desk · October 23, 2026 at 12:13 AM ET · reviewed against 10 wire stories
OCEANEERING INTL INC (OII) is down -16.94% in the latest session. Our newswire has captured 10 stories on OII across 6 sources in the last 36 hours, with AI sentiment reading mixed (avg 50/100).
Public view, delayed 4h. Every headline, price and sentiment read below — and this write-up itself — reaches Pro subscribers live. Public readers see it once it clears the delay.
Oceaneering International (OII) shares fell 16.94% to $36.62 following the release of its third-quarter 2026 financial results. The primary driver of the decline was a non-GAAP earnings per share figure of $0.50, which missed the consensus estimate of $0.59 by $0.09.
What Happened
The company reported revenue of $784.55 million, a 5.6% year-over-year increase that beat expectations by $11.29 million. Despite the top-line strength, the bottom-line miss triggered a sharp sell-off. Management provided guidance for fourth-quarter adjusted EBITDA of $85 million to $95 million and full-year 2026 adjusted EBITDA of $430 million to $480 million. The company also cited timing risks related to ADTech appropriations. In a separate announcement, Oceaneering disclosed a five-year contract award from the U.S. Navy for a Dry Deck Shelter with a potential value of $154 million. Preliminary full-year 2026 sales are projected between $2.800 billion and $3.000 billion, compared to an estimate of $2.909 billion.
What The Data Shows
The stock’s decline pushed it to print 23 fresh 52-week lows on October 22, 2026, while also marking two fresh 52-week highs during the session. The current price sits within the 52-week range of $22.13 to $54.25. Fundamentals indicate a market capitalization of $4.4 billion and a P/E ratio of 12.7. Trailing twelve-month revenue grew 3.8%, with a net margin of 12.2% and a beta of 1.25. Insider activity over the last 90 days shows five sells totaling $1.5 million and no buys. The most recent insider sale was executed by President and CEO Roderick A. Larson on October 1, 2026. Congressional disclosures include a sale of $15,001 to $50,000 by Donald J. Trump on July 29, 2026.
What To Watch
Investors will monitor the company’s ability to execute on its 2027 EBITDA guidance of $430 million to $480 million, which is supported by subsea robotics pricing gains and defense contracts. The timing of ADTech appropriations remains a key variable for near-term performance.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
OII by the numbers
Last: $36.62Session: -16.94%Coverage: 10 stories / 6 sourcesAI sentiment: 50/100 (mixed)Mkt cap: $4.4BP/E: 12.752w: $22.13 to $54.25
The headlines behind the move
15h agoBarchartBEARISH 32General
Why Oceaneering (OII) stock is nosediving
Why Oceaneering (OII) stock is nosediving
15h agoSeeking AlphaBULLISH 63Earnings
Oceaneering projects 2027 EBITDA of $430M-$480M while citing ADTech appropriations timing risk
Oceaneering Q3 2026 earnings show strong cash flow, contract wins, and 2027 EBITDA guidance amid timing risks.
15h agoSeeking AlphaNEUTRAL 50Earnings
Oceaneering International, Inc. (OII) Q3 2026 Earnings Call Transcript
Oceaneering International, Inc. (OII) Q3 2026 Earnings Call October 22, 2026 11:00 AM EDTCompany ParticipantsHilary Frisbie - Senior Director of Investor...
1d agoThe FlyNEUTRAL 54Earnings
Oceaneering sees FY adjusted EBITDA at $430M-$480M
1d agoThe FlyNEUTRAL 53Earnings
Oceaneering sees Q4 adjusted EBITDA $85M-$95M
1d agoThe FlyBEARISH 34Earnings
Oceaneering reports Q3 EPS 50c, consensus 59c
1d agoSeeking AlphaBEARISH 44Earnings
Oceaneering Non-GAAP EPS of $0.50 misses by $0.09, revenue of $784.55M beats by $11.29M
Oceaneering press release (OII): Q3 Non-GAAP EPS of $0.50 misses by $0.09. Revenue of $784.55M (+5.6% Y/Y) beats by $11.29M. Fourth Quarter 2026 Guidance As com
Want the next move before the crowd? The live terminal streams every headline in real time with watchlist alerts, AI sentiment, and the full data stack behind this page.Get Pro Access →
More on OII: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier OII move explainers: 2026-10-23