Oceaneering (OII) Revenue & Revenue Breakdown


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Oceaneering Revenue Highlights


Latest Revenue (Y)

$2.42B

Latest Revenue (Q)

$679.81M

Main Segment (Y)

Subsea Robotics

Main Geography (Y)

Non-US

Oceaneering Revenue by Period


Oceaneering Revenue by Year

DateRevenueChange
2023-12-31$2.42B17.36%
2022-12-31$2.07B10.53%
2021-12-31$1.87B2.26%
2020-12-31$1.83B-10.75%
2019-12-31$2.05B7.26%
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$3.66B11.34%
2013-12-31$3.29B18.13%
2012-12-31$2.78B26.91%
2011-12-31$2.19B14.38%
2010-12-31$1.92B5.21%
2009-12-31$1.82B-7.86%
2008-12-31$1.98B13.44%
2007-12-31$1.74B36.16%
2006-12-31$1.28B28.21%
2005-12-31$998.54M27.99%
2004-12-31$780.18M22.05%
2003-12-31$639.25M16.76%
2002-12-31$547.47M4.51%
2001-12-31$523.82M25.67%
2000-03-31$416.82M4.13%
1999-03-31$400.30M11.78%
1998-03-31$358.10M-2.90%
1997-03-31$368.80M27.39%
1996-03-31$289.50M20.68%
1995-03-31$239.90M4.40%
1994-03-31$229.80M6.59%
1993-03-31$215.60M-

Oceaneering generated $2.42B in revenue during NA 2023, up 17.36% compared to the previous quarter, and up 126.98% compared to the same period a year ago.

Oceaneering Revenue by Quarter

DateRevenueChange
2024-09-30$679.81M1.65%
2024-06-30$668.81M11.64%
2024-03-31$599.09M-8.48%
2023-12-31$654.63M3.06%
2023-09-30$635.18M6.23%
2023-06-30$597.91M11.35%
2023-03-31$536.99M0.14%
2022-12-31$536.22M-4.19%
2022-09-30$559.67M6.80%
2022-06-30$524.03M17.45%
2022-03-31$446.16M-4.40%
2021-12-31$466.71M-0.02%
2021-09-30$466.81M-6.30%
2021-06-30$498.20M13.86%
2021-03-31$437.55M3.13%
2020-12-31$424.26M-3.52%
2020-09-30$439.74M2.93%
2020-06-30$427.22M-20.39%
2020-03-31$536.67M-4.30%
2019-12-31$560.81M12.69%
2019-09-30$497.65M0.38%
2019-06-30$495.78M0.38%
2019-03-31$493.89M-0.24%
2018-12-31$495.10M-4.66%
2018-09-30$519.30M8.49%
2018-06-30$478.67M14.95%
2018-03-31$416.41M-14.00%
2017-12-31$484.18M1.69%
2017-09-30$476.12M-7.56%
2017-06-30$515.04M15.43%
2017-03-31$446.18M-8.65%
2016-12-31$488.44M-11.07%
2016-09-30$549.27M-12.19%
2016-06-30$625.54M2.83%
2016-03-31$608.34M-15.75%
2015-12-31$722.07M-2.90%
2015-09-30$743.61M-8.23%
2015-06-30$810.30M2.99%
2015-03-31$786.77M-14.38%
2014-12-31$918.93M-5.57%
2014-09-30$973.09M4.93%
2014-06-30$927.41M10.38%
2014-03-31$840.20M-6.10%
2013-12-31$894.80M4.86%
2013-09-30$853.30M4.01%
2013-06-30$820.37M14.17%
2013-03-31$718.55M-7.99%
2012-12-31$780.95M6.36%
2012-09-30$734.22M9.17%
2012-06-30$672.54M13.05%
2012-03-31$594.89M3.60%
2011-12-31$574.20M-4.65%
2011-09-30$602.21M10.33%
2011-06-30$545.84M16.03%
2011-03-31$470.42M-6.16%
2010-12-31$501.30M-2.90%
2010-09-30$516.27M11.19%
2010-06-30$464.30M6.69%
2010-03-31$435.17M-3.78%
2009-12-31$452.26M-6.56%
2009-09-30$484.04M7.40%
2009-06-30$450.68M3.58%
2009-03-31$435.10M-17.23%
2008-12-31$525.69M1.92%
2008-09-30$515.79M3.13%
2008-06-30$500.12M14.76%
2008-03-31$435.81M-9.51%
2007-12-31$481.61M-

Oceaneering generated $679.81M in revenue during Q3 2024, up 1.65% compared to the previous quarter, and up 113.70% compared to the same period a year ago.

Oceaneering Revenue Breakdown


Oceaneering Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Manufactured Products$493.69M----
Aerospace and Defense Technologies$376.85M----
Subsea Robotics$752.52M----
Offshore Projects Group$546.37M----
Integrity Management & Digital Solutions$255.28M----
Service-$1.67B$1.50B$1.34B$1.33B
Product-$393.06M$365.53M$487.86M$714.34M

Oceaneering's latest annual revenue breakdown by segment (product or service), as of Dec 23: Subsea Robotics (31.04%), Offshore Projects Group (22.53%), Manufactured Products (20.36%), Aerospace and Defense Technologies (15.54%), and Integrity Management & Digital Solutions (10.53%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Integrity Managements & Digital Solutions Member$73.62M$73.49M$69.69M$66.06M$63.17M$60.08M$58.47M$59.44M$56.57M$54.05M$53.93M---------
Subsea Robotics Member$215.72M$214.99M$186.93M$197.34M$186.51M$169.16M$169.42M$157.12M$127.99M$119.12M$119.62M---------
Offshore Projects Group$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$73.21M---
Manufactured Products Member$143.73M$139.31M$129.45M$122.88M$124.88M$112.94M$94.04M$105.46M$82.69M$86.83M$110.42M---------
Aerospace and Defense Technologies Member$99.20M$96.96M$97.96M$98.63M$92.80M$90.50M$84.76M$85.56M$81.51M$88.33M$82.56M---------
Energy Services and Products Member----$536.55M$505.11M$446.49M$474.91M$438.47M$364.65M$377.45M$392.52M$349.23M-------
Energy Services and Products-----------$383.08M$377.45M$392.52M------
Aerospace and Defense Technologies-----------$83.63M$89.36M$105.68M------
Subsea Robotics-----------$134.31M$143.71M$141.37M------
Manufactured Products-----------$102.94M$75.36M$79.13M------
Integrity Management & Digital Solutions-----------$60.47M$62.81M$64.07M------
Oil and Gas---------------$336.74M$357.18M$333.84M$427.20M$448.24M
Asset Integrity-----------------$48.08M$59.13M-
Rovs-----------------$98.78M$111.78M$116.02M
Subsea Products-----------------$130.66M$194.84M$183.66M
Subsea Projects-----------------$56.33M$61.45M$86.73M
Advanced Technologies-----------------$93.38M$109.46M$112.57M

Oceaneering's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Subsea Robotics Member (31.73%), Offshore Projects Group (21.70%), Manufactured Products Member (21.14%), Aerospace and Defense Technologies Member (14.59%), and Integrity Managements & Digital Solutions Member (10.83%).

Oceaneering Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
UNITED STATES$1.03B$978.81M$811.54M$860.86M$921.33M
Africa$331.89M$286.69M$273.10M$198.50M$292.82M
Asia Pacific$189.80M$206.56M$184.66M$149.80M$174.77M
BRAZIL$202.89M$139.86M$111.20M$84.64M$93.51M
NORWAY$274.16M$180.19M$214.31M$202.38M$217.76M
Non-US$1.39B$1.09B$1.06B$90.54M-
Other geographical member$189.69M$96.74M$93.02M--
Segment, Geographical, Groups of Countries, Foreign---$967.03M$1.13B
Segment, Geographical, Groups of Countries, Group Three----$91.59M

Oceaneering's latest annual revenue breakdown by geography, as of Dec 23: Non-US (38.59%), UNITED STATES (28.52%), Africa (9.19%), NORWAY (7.59%), BRAZIL (5.62%), Asia Pacific (5.25%), and Other geographical member (5.25%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Non-US$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$240.87M$238.36M$273.22M-
Africa$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$43.08M$51.65M$63.42M$70.42M
Asia Pacific$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$30.71M$37.12M$45.68M$47.56M
Other Geographical$24.19M$38.49M$34.89M$62.59M$43.85M$25.17M$25.09M$21.12M$23.05M$22.91M$25.84M$20.43M$22.07M$22.63M$24.66M-----
UNITED STATES$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$198.88M$188.85M$263.45M$257.04M
BRAZIL$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$19.30M$19.12M$26.49M$26.69M
NORWAY$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$57.14M$45.42M$52.18M$55.17M

Oceaneering's latest quarterly revenue breakdown by geography, as of Sep 24: Non-US (39.56%), UNITED STATES (30.51%), Africa (10.50%), NORWAY (5.81%), Asia Pacific (5.64%), BRAZIL (5.49%), and Other Geographical (2.49%).

Oceaneering Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
FTITechnipFMC$7.82B$2.35B
CHXChampionX$3.76B$906.53M
NEXNexTier Oilfield Solutions$3.24B$945.09M
OIIOceaneering$2.42B$679.81M
DNOWNOW$2.32B$633.00M
RESRPC$1.62B$337.65M
HLXHelix Energy Solutions Group$1.29B$342.42M
VTOLBristow Group$1.23B$365.12M
AROCArchrock$990.34M$270.53M
OISOil States$782.28M-
NRNewpark Resources$749.60M$-188.15M
SOISolaris Oilfield Infrastructure$292.95M$73.89M
GEOSGeospace$124.51M$25.86M
DRQDril-Quip$2.56M$120.34M

OII Revenue FAQ


What is Oceaneering’s yearly revenue?

Oceaneering's yearly revenue for 2023 was $2.42B, representing an increase of 17.36% compared to 2022. The company's yearly revenue for 2022 was $2.07B, representing an increase of 10.53% compared to 2021. OII's yearly revenue for 2021 was $1.87B, representing an increase of 2.26% compared to 2020.

What is Oceaneering’s quarterly revenue?

Oceaneering's quarterly revenue for Q3 2024 was $679.81M, a 1.65% increase from the previous quarter (Q2 2024), and a 7.03% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $668.81M, a 11.64% increase from the previous quarter (Q1 2024), and a 11.86% increase year-over-year (Q2 2023). OII's quarterly revenue for Q1 2024 was $599.09M, a -8.48% decrease from the previous quarter (Q4 2023), and a 11.57% increase year-over-year (Q1 2023).

What is Oceaneering’s revenue growth rate?

Oceaneering's revenue growth rate for the last 3 years (2021-2023) was 29.71%, and for the last 5 years (2019-2023) was 18.39%.

What are Oceaneering’s revenue streams?

Oceaneering's revenue streams in c 23 are Manufactured Products, Aerospace and Defense Technologies, Subsea Robotics, Offshore Projects Group, and Integrity Management & Digital Solutions. Manufactured Products generated $493.69M in revenue, accounting 20.36% of the company's total revenue Aerospace and Defense Technologies generated $376.84M in revenue, accounting 15.54% of the company's total revenue Subsea Robotics generated $752.52M in revenue, accounting 31.04% of the company's total revenue Offshore Projects Group generated $546.37M in revenue, accounting 22.53% of the company's total revenue Integrity Management & Digital Solutions generated $255.28M in revenue, accounting 10.53% of the company's total revenue

What is Oceaneering’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Oceaneering was Subsea Robotics. This segment made a revenue of $752.52M, representing 31.04% of the company's total revenue.