Oceaneering (OII) Revenue & Revenue Breakdown

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Oceaneering Revenue Highlights

Latest Revenue (Y)

$2.66B

Latest Revenue (Q)

$742.90M

Main Segment (Y)

Subsea Robotics

Main Geography (Y)

Non-US

Oceaneering Revenue by Period

Oceaneering Revenue by Year

Date	Revenue	Change
2024-12-31	$2.66B	9.75%
2023-12-31	$2.42B	17.36%
2022-12-31	$2.07B	10.53%
2021-12-31	$1.87B	2.26%
2020-12-31	$1.83B	-10.75%
2019-12-31	$2.05B	7.26%
2018-12-31	$1.91B	-0.63%
2017-12-31	$1.92B	-15.41%
2016-12-31	$2.27B	-25.83%
2015-12-31	$3.06B	-16.31%
2014-12-31	$3.66B	11.34%
2013-12-31	$3.29B	18.13%
2012-12-31	$2.78B	26.91%
2011-12-31	$2.19B	14.38%
2010-12-31	$1.92B	5.21%
2009-12-31	$1.82B	-7.86%
2008-12-31	$1.98B	13.44%
2007-12-31	$1.74B	36.16%
2006-12-31	$1.28B	28.21%
2005-12-31	$998.54M	27.99%
2004-12-31	$780.18M	22.05%
2003-12-31	$639.25M	16.76%
2002-12-31	$547.47M	4.51%
2001-12-31	$523.82M	25.67%
2000-03-31	$416.82M	4.13%
1999-03-31	$400.30M	11.78%
1998-03-31	$358.10M	-2.90%
1997-03-31	$368.80M	27.39%
1996-03-31	$289.50M	20.68%
1995-03-31	$239.90M	4.40%
1994-03-31	$229.80M	6.59%
1993-03-31	$215.60M	-

Oceaneering generated $2.66B in revenue during NA 2024, up 9.75% compared to the previous quarter, and up 129.93% compared to the same period a year ago.

Oceaneering Revenue by Quarter

Date	Revenue	Change
2025-09-30	$742.90M	6.41%
2025-06-30	$698.16M	3.50%
2025-03-31	$674.52M	-5.46%
2024-12-31	$713.45M	4.95%
2024-09-30	$679.81M	1.65%
2024-06-30	$668.81M	11.64%
2024-03-31	$599.09M	-8.48%
2023-12-31	$654.63M	3.06%
2023-09-30	$635.18M	6.23%
2023-06-30	$597.91M	11.35%
2023-03-31	$536.99M	0.14%
2022-12-31	$536.22M	-4.19%
2022-09-30	$559.67M	6.80%
2022-06-30	$524.03M	17.45%
2022-03-31	$446.16M	-4.40%
2021-12-31	$466.71M	-0.02%
2021-09-30	$466.81M	-6.30%
2021-06-30	$498.20M	13.86%
2021-03-31	$437.55M	3.13%
2020-12-31	$424.26M	-3.52%
2020-09-30	$439.74M	2.93%
2020-06-30	$427.22M	-20.39%
2020-03-31	$536.67M	-4.30%
2019-12-31	$560.81M	12.69%
2019-09-30	$497.65M	0.38%
2019-06-30	$495.78M	0.38%
2019-03-31	$493.89M	-0.24%
2018-12-31	$495.10M	-4.66%
2018-09-30	$519.30M	8.49%
2018-06-30	$478.67M	14.95%
2018-03-31	$416.41M	-14.00%
2017-12-31	$484.18M	1.69%
2017-09-30	$476.12M	-7.56%
2017-06-30	$515.04M	15.43%
2017-03-31	$446.18M	-8.65%
2016-12-31	$488.44M	-11.07%
2016-09-30	$549.27M	-12.19%
2016-06-30	$625.54M	2.83%
2016-03-31	$608.34M	-15.75%
2015-12-31	$722.07M	-2.90%
2015-09-30	$743.61M	-8.23%
2015-06-30	$810.30M	2.99%
2015-03-31	$786.77M	-14.38%
2014-12-31	$918.93M	-5.57%
2014-09-30	$973.09M	4.93%
2014-06-30	$927.41M	10.38%
2014-03-31	$840.20M	-6.10%
2013-12-31	$894.80M	4.86%
2013-09-30	$853.30M	4.01%
2013-06-30	$820.37M	14.17%
2013-03-31	$718.55M	-7.99%
2012-12-31	$780.95M	6.36%
2012-09-30	$734.22M	9.17%
2012-06-30	$672.54M	13.05%
2012-03-31	$594.89M	3.60%
2011-12-31	$574.20M	-4.65%
2011-09-30	$602.21M	10.33%
2011-06-30	$545.84M	16.03%
2011-03-31	$470.42M	-6.16%
2010-12-31	$501.30M	-2.90%
2010-09-30	$516.27M	11.19%
2010-06-30	$464.30M	6.69%
2010-03-31	$435.17M	-3.78%
2009-12-31	$452.26M	-6.56%
2009-09-30	$484.04M	7.40%
2009-06-30	$450.68M	3.58%
2009-03-31	$435.10M	-17.23%
2008-12-31	$525.69M	1.92%
2008-09-30	$515.79M	3.13%
2008-06-30	$500.12M	14.76%
2008-03-31	$435.81M	-9.51%
2007-12-31	$481.61M	-

Oceaneering generated $742.90M in revenue during Q3 2025, up 6.41% compared to the previous quarter, and up 111.08% compared to the same period a year ago.

Oceaneering Revenue Breakdown

Oceaneering Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Manufactured Products	$555.50M	$493.69M	-	-	-
Subsea Robotics	$829.82M	$752.52M	-	-	-
Aerospace and Defense Technologies	$392.94M	$376.85M	-	-	-
Integrity Management & Digital Solutions	$291.87M	$255.28M	-	-	-
Offshore Projects Group	$591.04M	$546.37M	-	-	-
Service	-	-	$1.67B	$1.50B	$1.34B
Product	-	-	$393.06M	$365.53M	$487.86M

Oceaneering's latest annual revenue breakdown by segment (product or service), as of Dec 24: Subsea Robotics (31.18%), Offshore Projects Group (22.21%), Manufactured Products (20.87%), Aerospace and Defense Technologies (14.77%), and Integrity Management & Digital Solutions (10.97%).

Quarterly Revenue by Product

Product/Service	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
Integrity Managements & Digital Solutions Member	$70.78M	$75.37M	$71.42M	$73.62M	$73.49M	$69.69M	$66.06M	$63.17M	$60.08M	$58.47M	$59.44M	$56.57M	$54.05M	-	-	-	-	-	-	-
Subsea Robotics Member	$218.77M	$218.79M	$205.98M	$215.72M	$214.99M	$186.93M	$197.34M	$186.51M	$169.16M	$169.42M	$157.12M	$127.99M	$119.12M	-	-	-	-	-	-	-
Offshore Projects Group	$171.05M	$149.28M	$164.94M	$184.39M	$147.54M	$144.06M	$115.05M	$161.24M	$150.27M	$130.55M	$104.31M	$122.48M	$152.99M	$116.46M	$97.40M	$85.36M	$95.58M	$107.95M	$89.23M	$67.82M
Aerospace and Defense Technologies Member	$125.91M	$109.59M	$97.15M	$99.20M	$96.96M	$97.96M	$98.63M	$92.80M	$90.50M	$84.76M	$85.56M	$81.51M	$88.33M	-	-	-	-	-	-	-
Manufactured Products Member	$156.40M	$145.13M	$135.04M	$143.73M	$139.31M	$129.45M	$122.88M	$124.88M	$112.94M	$94.04M	$105.46M	$82.69M	$86.83M	-	-	-	-	-	-	-
Energy Services and Products Member	-	-	-	-	-	-	-	-	$536.55M	$505.11M	$446.49M	$474.91M	$438.47M	$364.65M	$377.45M	$392.52M	$349.23M	-	-	-
Integrity Management & Digital Solutions	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$60.47M	$62.81M	$64.07M	-	-
Energy Services and Products	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$383.08M	$377.45M	$392.52M	-	-
Aerospace and Defense Technologies	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$83.63M	$89.36M	$105.68M	-	-
Manufactured Products	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$102.94M	$75.36M	$79.13M	-	-
Subsea Robotics	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$134.31M	$143.71M	$141.37M	-	-
Oil and Gas	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$336.74M

Oceaneering's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Subsea Robotics Member (29.45%), Offshore Projects Group (23.02%), Manufactured Products Member (21.05%), Aerospace and Defense Technologies Member (16.95%), and Integrity Managements & Digital Solutions Member (9.53%).

Oceaneering Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Asia Pacific	$233.13M	$189.80M	$206.56M	$184.66M	$149.80M
BRAZIL	$229.53M	$202.89M	$139.86M	$111.20M	$84.64M
NORWAY	$210.58M	$274.16M	$180.19M	$214.31M	$202.38M
UNITED STATES	$1.13B	$1.03B	$978.81M	$811.54M	$860.86M
Africa	$434.54M	$331.89M	$286.69M	$273.10M	$198.50M
Non-US	$1.53B	$1.39B	$1.09B	$1.06B	$90.54M
Other geographical member	$134.11M	$189.69M	$96.74M	$93.02M	-
Segment, Geographical, Groups of Countries, Foreign	-	-	-	-	$967.03M

Oceaneering's latest annual revenue breakdown by geography, as of Dec 24: Non-US (39.29%), UNITED STATES (28.90%), Africa (11.13%), Asia Pacific (5.97%), BRAZIL (5.88%), NORWAY (5.40%), and Other geographical member (3.44%).

Quarterly Revenue by Country

Country	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
UNITED STATES	$337.82M	$313.71M	$295.43M	$285.12M	$296.00M	$284.08M	$262.61M	$248.48M	$265.27M	$267.36M	$249.27M	$259.71M	$269.88M	$253.46M	$195.76M	$189.60M	$193.33M	$227.96M	$200.65M	$209.68M
Non-US	$405.08M	$384.45M	$379.10M	$428.33M	$383.81M	$384.73M	$336.49M	$406.15M	$369.91M	$330.55M	$287.71M	$276.51M	$289.79M	$270.57M	$250.40M	$277.11M	$273.48M	$270.24M	$236.90M	$-661.90M
BRAZIL	-	$62.74M	$62.16M	$64.58M	$53.28M	$54.62M	$57.05M	$58.54M	$55.74M	$47.99M	$40.62M	$34.92M	$36.64M	$37.95M	$30.35M	$32.79M	$30.24M	$27.52M	$20.65M	$19.73M
Other Geographical	-	$23.66M	$22.23M	$24.19M	$38.49M	$34.89M	$62.59M	$43.85M	$25.17M	$25.09M	$21.12M	$23.05M	$22.91M	$25.84M	$20.43M	-	-	-	-	-
Africa	-	$97.35M	$124.53M	$131.38M	$101.86M	$114.06M	$87.24M	$85.01M	$84.91M	$78.25M	$83.73M	$76.41M	$78.95M	$67.91M	$63.41M	$60.01M	$78.89M	$71.41M	$62.79M	$40.36M
NORWAY	-	$66.00M	$54.75M	$36.37M	$56.42M	$60.07M	$57.72M	$135.30M	$45.41M	$48.51M	$44.94M	$45.21M	$41.78M	$47.91M	$45.28M	$53.38M	$51.27M	$57.36M	$52.29M	$47.63M
Asia Pacific	-	$60.44M	$53.55M	$75.56M	$54.68M	$53.51M	$49.38M	$13.33M	$65.89M	$57.69M	$52.89M	$45.36M	$62.10M	$49.54M	$49.56M	$61.04M	$43.92M	$42.15M	$37.55M	$36.28M

Oceaneering's latest quarterly revenue breakdown by geography, as of Sep 25: Non-US (54.53%), and UNITED STATES (45.47%).

Oceaneering Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
DK	Delek US	$11.85B	$2.76B
PTEN	Patterson-UTI Energy	$5.38B	$1.22B
LBRT	Liberty Energy	$4.32B	$947.40M
HP	Helmerich & Payne	$2.76B	$677.30M
OII	Oceaneering	$2.66B	$742.90M
NOG	Northern Oil and Gas	$2.16B	$706.81M
KNTK	Kinetik	$1.48B	$426.74M
TDW	Tidewater	$1.35B	$341.43M
WHD	Cactus	$1.13B	$273.57M
DKL	Delek Logistics Partners, LP	$940.64M	$246.35M
INSW	International Seaways	$202.45M	$10.14M

OII Revenue FAQ

What is Oceaneering’s yearly revenue?

Oceaneering's yearly revenue for 2024 was $2.66B, representing an increase of 9.75% compared to 2023. The company's yearly revenue for 2023 was $2.42B, representing an increase of 17.36% compared to 2022. OII's yearly revenue for 2022 was $2.07B, representing an increase of 10.53% compared to 2021.

What is Oceaneering’s quarterly revenue?

Oceaneering's quarterly revenue for Q3 2025 was $742.9M, a 6.41% increase from the previous quarter (Q2 2025), and a 9.28% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $698.16M, a 3.50% increase from the previous quarter (Q1 2025), and a 4.39% increase year-over-year (Q2 2024). OII's quarterly revenue for Q1 2025 was $674.52M, a -5.46% decrease from the previous quarter (Q4 2024), and a 12.59% increase year-over-year (Q1 2024).

What is Oceaneering’s revenue growth rate?

Oceaneering's revenue growth rate for the last 3 years (2022-2024) was 28.80%, and for the last 5 years (2020-2024) was 45.59%.

What are Oceaneering’s revenue streams?

Oceaneering's revenue streams in c 24 are Manufactured Products, Subsea Robotics, Aerospace and Defense Technologies, Integrity Management & Digital Solutions, and Offshore Projects Group. Manufactured Products generated $555.5M in revenue, accounting 20.87% of the company's total revenue, up 12.52% year-over-year. Subsea Robotics generated $829.82M in revenue, accounting 31.18% of the company's total revenue, up 10.27% year-over-year. Aerospace and Defense Technologies generated $392.94M in revenue, accounting 14.77% of the company's total revenue, up 4.27% year-over-year. Integrity Management & Digital Solutions generated $291.87M in revenue, accounting 10.97% of the company's total revenue, up 14.33% year-over-year. Offshore Projects Group generated $591.04M in revenue, accounting 22.21% of the company's total revenue, up 8.18% year-over-year.

What is Oceaneering’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Oceaneering was Subsea Robotics. This segment made a revenue of $829.82M, representing 31.18% of the company's total revenue.