“`html
Oceaneering International, Inc. (OII) reported an adjusted profit of 55 cents per share for Q3 2025, surpassing the Zacks Consensus Estimate of 42 cents and the prior year’s 36 cents. Total revenues reached $742.9 million, exceeding expectations of $710 million and marking a 9.3% increase from $679.8 million in the previous year, driven by strong segments including Subsea Robotics and Aerospace and Defense Technologies.
Based in Houston, TX, the company also noted an adjusted EBITDA of $111.1 million, a 13.2% year-over-year increase. In Q3 2025, OII repurchased 440,814 shares for approximately $10.1 million. As of September 30, the company’s backlog totaled $568 million, which is a 15% decline from the same time last year.
Oceaneering anticipates lower revenues in Q4 2025 compared to Q4 2024, projected consolidated EBITDA for 2025 to be between $391 million and $401 million, and plans to maintain strong free cash flow despite expected declines in several key project areas. The debt-to-total capital ratio stands at 34.7% as of September 30, with long-term debt around $486 million.
“`
