Key customers — 31% of revenue (2025)
“Our top five customers in 2025, 2024 and 2023 accounted for 31%, 31% and 36%, respectively, of our consolidated revenue.”
One customer — 12% of revenue (the year ended December 31, 2025)
“For the year ended December 31, 2025, revenue from one customer, the U.S. Government, accounted for 12% of our total consolidated annual revenue, and no other customer accounted for more than 10% of our total consolidated revenue.”
Key customers — 31% of revenue (2024)
“Our top five customers in 2025, 2024 and 2023 accounted for 31%, 31% and 36%, respectively, of our consolidated revenue.”
Key customers — 36% of revenue (2023)
“Our top five customers in 2025, 2024 and 2023 accounted for 31%, 31% and 36%, respectively, of our consolidated revenue.”
One customer — 10% of revenue (the year ended December 31, 2023)
“For the year ended December 31, 2023, revenue from one customer, the U.S. Government, accounted for 10% of our total consolidated annual revenue, and no other customer accounted for more than 10% of our total consolidated revenue.”
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Oceaneering International, Inc. made an investor handout for institutional investor meetings available on its Investor Relations page beginning November 5, 2026, after market close.
Oceaneering reported third-quarter 2026 adjusted EBITDA of $119 million, up 7%, and initiated 2027 consolidated EBITDA guidance of $430 to $480 million.
Oceaneering reported third-quarter operating results increased by 7% on 6% revenue growth, driven by Subsea Robotics and Offshore Projects Group. It issued $500 million of 6.875% senior notes due 2034 and extended its revolving facility's maturity to July 2031.
Oceaneering reported third quarter 2026 revenue of $785 million, adjusted EBITDA of $119 million, free cash flow of $142 million and net income of $52.6 million, down 26%. It initiated full-year 2027 EBITDA guidance of $430 million to $480 million.
