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AI brief of an SEC Form 8-K · OIL STATES INTERNATIONAL, INC (OIS)

Oil States Q3 revenue rises 8% to $170 million, but net income falls to $3 million

Mixed Impact 3 of 5 earnings Written later

Oil States International reported third quarter 2026 revenue of $169.8 million, up 8% from the second quarter and 3% from a year earlier. Net income was $3.1 million, or $0.05 per share, down from $5.9 million, or $0.10 per share, in the prior quarter, and Adjusted EBITDA was $20.1 million. The board also approved a new $50 million stock repurchase authorization running through October 2028, which the company says follows its $4.0 million of repurchases in the quarter.

Key points

  • Revenue of $169.8 million rose 8% sequentially and 3% year over year; Offshore Manufactured Products revenue rose 13% sequentially to $104.4 million.
  • Net income of $3.1 million ($0.05 per share) compared with $5.9 million ($0.10 per share) in the second quarter of 2026 and $1.9 million ($0.03 per share) in the third quarter of 2025.
  • Offshore Manufactured Products backlog reached $482 million at September 30, 2026, its highest level since December 2014, with a third quarter book-to-bill ratio of 1.3x.
  • On October 29, 2026, the board approved a new $50 million stock repurchase plan through October 2028; the prior program expired October 24, 2026.

The filing

CompanyOIL STATES INTERNATIONAL, INC (OIS)
Form8-K, current report
Filed with the SECOct 30, 2026, 7:01 AM ET
Accession number0001121484-26-000036

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing 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 October 30, 2026.

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