Here are the 10-K annual reports from Oceaneering International Inc. (OII) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow OII and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OII filings page.
Oceaneering International, Inc. details its 2025 business profile as a global technology company focused on offshore energy, defense, aerospace and industrial robotics. Foreign operations generated about $1.5 billion, or 55% of revenue.
The company operates five segments: Subsea Robotics ($855.2 million revenue, 31% of total), Manufactured Products ($569.0 million), Offshore Projects Group ($616.0 million), Integrity Management & Digital Solutions ($284.0 million) and Aerospace and Defense Technologies ($459.9 million). It reports a total backlog of $2.7 billion as of December 31, 2025, including $2.4 billion in Energy and $259 million in Aerospace and Defense Technologies, plus additional unfunded ADTech backlog.
Strategy centers on free cash flow generation, disciplined capital spending, acquisitions like the $33 million purchase of U.K.-based GDi, and expanding into digital solutions, energy transition, renewables, aerospace and defense. Key disclosed risks include dependence on cyclical offshore oil and gas spending, climate and energy-transition pressures, geopolitical and regulatory uncertainty, environmental compliance and U.S. government budget dynamics.