Q2 FY2026 EarningsQ2 FY26 revenue hit $768.2M, up 10% YoY. Operating income rose 11% YoY to $88.2M, driven by Offshore Projects Group's favorable project mix. Diluted EPS was $0.65 vs. $0.54 YoY. Cash balance decreased to $629.5M due to working capital timing and $10M in share repurchases. Post-quarter, the firm refinanced $500M in debt with new 2034 Senior Notes at 6.875%.
Preview: Oceaneering(OII) predict that the Revenue is 768.18 M (+10.03%), Beat estimate;the EBIT is 88.24 M (+11.43%), Beat estimate;the EPS is 0.65 (--%), Beat estimate.