Oil States (OIS) Revenue & Revenue Breakdown

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Oil States Revenue Highlights

Latest Revenue (Y)

$782.28M

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Oil States Revenue by Period

Oil States Revenue by Year

Date	Revenue	Change
2023-12-31	$782.28M	6.04%
2022-12-31	$737.71M	28.71%
2021-12-31	$573.16M	-10.17%
2020-12-31	$638.08M	-37.28%
2019-12-31	$1.02B	-6.50%
2018-12-31	$1.09B	62.26%
2017-12-31	$670.63M	-3.43%
2016-12-31	$694.44M	-36.87%
2015-12-31	$1.10B	-39.55%
2014-12-31	$1.82B	-31.85%
2013-12-31	$2.67B	-39.49%
2012-12-31	$4.41B	26.84%
2011-12-31	$3.48B	44.25%
2010-12-31	$2.41B	14.41%
2009-12-31	$2.11B	-28.50%
2008-12-31	$2.95B	41.19%
2007-12-31	$2.09B	8.57%
2006-12-31	$1.92B	25.58%
2005-12-31	$1.53B	57.74%
2004-12-31	$971.01M	34.18%
2003-12-31	$723.68M	17.32%
2002-12-31	$616.85M	-8.10%
2001-12-31	$671.21M	120.39%
2000-12-31	$304.55M	97.34%
1999-12-31	$154.33M	-57.02%
1998-12-31	$359.03M	-

Oil States generated $782.28M in revenue during NA 2023, up 6.04% compared to the previous quarter, and up 71.89% compared to the same period a year ago.

Oil States Revenue by Quarter

Date	Revenue	Change
2024-09-30	-	-100.00%
2024-06-30	$186.38M	11.43%
2024-03-31	$167.26M	-19.69%
2023-12-31	$208.27M	7.19%
2023-09-30	$194.29M	5.86%
2023-06-30	$183.53M	-6.46%
2023-03-31	$196.20M	-3.08%
2022-12-31	$202.43M	6.89%
2022-09-30	$189.39M	4.16%
2022-06-30	$181.83M	10.84%
2022-03-31	$164.04M	1.69%
2021-12-31	$161.32M	14.80%
2021-09-30	$140.53M	-3.57%
2021-06-30	$145.72M	16.03%
2021-03-31	$125.59M	-8.58%
2020-12-31	$137.38M	1.94%
2020-09-30	$134.76M	-7.85%
2020-06-30	$146.25M	-33.43%
2020-03-31	$219.69M	-7.83%
2019-12-31	$238.36M	-9.61%
2019-09-30	$263.70M	-0.37%
2019-06-30	$264.69M	5.62%
2019-03-31	$250.61M	-8.58%
2018-12-31	$274.12M	-0.17%
2018-09-30	$274.59M	-3.94%
2018-06-30	$285.85M	12.73%
2018-03-31	$253.58M	38.03%
2017-12-31	$183.71M	11.99%
2017-09-30	$164.05M	-4.29%
2017-06-30	$171.40M	13.16%
2017-03-31	$151.47M	-10.87%
2016-12-31	$169.93M	-5.07%
2016-09-30	$179.01M	1.80%
2016-06-30	$175.85M	3.65%
2016-03-31	$169.66M	-27.64%
2015-12-31	$234.47M	-9.43%
2015-09-30	$258.89M	-3.85%
2015-06-30	$269.26M	-20.19%
2015-03-31	$337.36M	-30.26%
2014-12-31	$483.73M	2.70%
2014-09-30	$471.03M	2.49%
2014-06-30	$459.61M	-30.15%
2014-03-31	$657.98M	-2.55%
2013-12-31	$675.18M	-1.36%
2013-09-30	$684.46M	-34.22%
2013-06-30	$1.04B	-2.70%
2013-03-31	$1.07B	-6.38%
2012-12-31	$1.14B	5.71%
2012-09-30	$1.08B	-0.95%
2012-06-30	$1.09B	-0.72%
2012-03-31	$1.10B	10.36%
2011-12-31	$995.80M	10.32%
2011-09-30	$902.62M	10.03%
2011-06-30	$820.32M	7.87%
2011-03-31	$760.44M	9.14%
2010-12-31	$696.76M	18.43%
2010-09-30	$588.35M	-1.04%
2010-06-30	$594.53M	11.68%
2010-03-31	$532.35M	0.69%
2009-12-31	$528.71M	15.92%
2009-09-30	$456.10M	-0.05%
2009-06-30	$456.33M	-31.59%
2009-03-31	$667.10M	-25.96%
2008-12-31	$901.06M	10.59%
2008-09-30	$814.79M	29.05%
2008-06-30	$631.36M	5.01%
2008-03-31	$601.25M	3.49%
2007-12-31	$580.97M	-

Oil States generated - in revenue during Q3 2024, up -100.00% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Oil States Revenue Breakdown

Oil States Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Service	$363.73M	$352.14M	$273.87M	$306.80M	$534.00M
Product	$418.55M	$385.56M	$299.29M	$331.27M	$483.36M

Oil States's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (53.50%), and Service (46.50%).

Quarterly Revenue by Product

Product/Service	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	Sep 20	Jun 20	Mar 20	Dec 19
Service	$73.55M	$77.80M	$72.93M	$175.72M	$91.65M	$96.36M	$101.41M	$89.65M	$82.80M	$78.28M	$71.92M	$70.12M	$67.69M	$64.14M	$64.33M	$62.16M	$63.60M	$116.71M	$118.36M	-
Product	$100.80M	$108.58M	$94.33M	$216.07M	$102.64M	$99.84M	$101.03M	$99.74M	$99.03M	$85.76M	$89.40M	$70.41M	$78.04M	$61.45M	$73.05M	$72.60M	$82.64M	$102.98M	$120.00M	-
Total Well Site Services	-	-	-	-	-	$64.54M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Offshore/Manufactured Products	-	-	-	-	-	$94.09M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Downhole Technologies	-	-	-	-	-	$24.91M	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Oil States's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (57.81%), and Service (42.19%).

Oil States Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
UNITED STATES	$594.81M	$571.01M	$447.00M	$463.38M	$831.32M
SINGAPORE	$48.13M	$34.38M	$35.89M	$57.51M	$56.17M
Other	$57.70M	$49.63M	$30.92M	$40.37M	$59.23M

Oil States's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (84.89%), Other (8.24%), and SINGAPORE (6.87%).

Oil States Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FTI	TechnipFMC	$7.82B	$2.35B
CHX	ChampionX	$3.76B	$906.53M
MRC	MRC Global	$3.41B	$2.74B
NEX	NexTier Oilfield Solutions	$3.24B	$945.09M
OII	Oceaneering	$2.42B	$679.81M
DNOW	NOW	$2.32B	$633.00M
HLX	Helix Energy Solutions Group	$1.29B	$342.42M
WHD	Cactus	$1.10B	$293.18M
OIS	Oil States	$782.28M	-
NR	Newpark Resources	$749.60M	$-188.15M
RNGR	Ranger Energy Services	$636.60M	$153.00M
SOI	Solaris Oilfield Infrastructure	$292.95M	$73.89M
GEOS	Geospace	$124.51M	$25.86M
DRQ	Dril-Quip	$2.56M	$120.34M

OIS Revenue FAQ

What is Oil States’s yearly revenue?

Oil States's yearly revenue for 2023 was $782.28M, representing an increase of 6.04% compared to 2022. The company's yearly revenue for 2022 was $737.71M, representing an increase of 28.71% compared to 2021. OIS's yearly revenue for 2021 was $573.16M, representing a decrease of -10.17% compared to 2020.

What is Oil States’s quarterly revenue?

Oil States's quarterly revenue for Q3 2024 was $0, a -100.00% decrease from the previous quarter (Q2 2024), and a -100.00% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $186.38M, a 11.43% increase from the previous quarter (Q1 2024), and a 1.56% increase year-over-year (Q2 2023). OIS's quarterly revenue for Q1 2024 was $167.26M, a -19.69% decrease from the previous quarter (Q4 2023), and a -14.75% decrease year-over-year (Q1 2023).

What is Oil States’s revenue growth rate?

Oil States's revenue growth rate for the last 3 years (2021-2023) was 36.49%, and for the last 5 years (2019-2023) was -23.11%.

What are Oil States’s revenue streams?

Oil States's revenue streams in c 23 are Service, and Product. Service generated $363.73M in revenue, accounting 46.50% of the company's total revenue, up 3.29% year-over-year. Product generated $418.55M in revenue, accounting 53.50% of the company's total revenue, up 8.56% year-over-year.

What is Oil States’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Oil States was Product. This segment made a revenue of $418.55M, representing 53.50% of the company's total revenue.