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AI brief of an SEC Form 8-K · Oceaneering International (OII)

Oceaneering Q1 2025 net income rises to $50.4 million; revenue up 13%

Positive Impact 3 of 5 earnings Written later

Oceaneering reported first quarter 2025 revenue of $675 million, up 13% from a year earlier, and net income of $50.4 million, or $0.49 per diluted share, versus $15.1 million, or $0.15, a year earlier. The company reiterated its full-year 2025 EBITDA guidance of $380 million to $430 million and projected second quarter 2025 EBITDA of $95 million to $105 million.

Key points

  • Q1 2025 revenue $675 million, up 13% year over year; operating income $73.5 million, up 100%
  • Adjusted EBITDA $96.7 million, up 57%; this figure does not reflect a $10.4 million inventory reserve in Manufactured Products
  • Free cash flow was negative $106.8 million in the quarter; ending cash was $382 million
  • Full-year 2025 EBITDA guidance of $380 million to $430 million reiterated; Q2 2025 EBITDA projected at $95 million to $105 million

The filing

CompanyOceaneering International (OII)
Form8-K, current report
Filed with the SECApr 23, 2025, 5:05 PM ET
Accession number0000073756-25-000087

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.