Every 8-K that OIL STATES INTERNATIONAL, INC. (OIS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow OIS 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 OIS filings page.
Oil States International, Inc. reported second-quarter 2026 revenues of $156.7 million, up 8% sequentially and down 5% year-over-year. Net income was $5.9 million, or $0.10 per share, improving from $1.1 million in the prior quarter. Adjusted net income was $8.4 million, or $0.14 per share, and Adjusted EBITDA was $19.0 million, a 14% sequential increase, though 10% below the prior year.
Offshore Manufactured Products generated $92.7 million of revenue and Adjusted Segment EBITDA of $17.9 million; Completion and Production Services delivered $24.3 million of revenue and $6.6 million of Adjusted Segment EBITDA; Downhole Technologies posted $39.7 million of revenue and $4.2 million of Adjusted Segment EBITDA. Total backlog reached $451 million, with quarterly bookings of $114 million and a book-to-bill ratio of 1.2x, the highest backlog level in over a decade.
The company retired the remaining $52.7 million principal of its 4.75% convertible senior notes using $50.5 million in cash and 529,428 shares, recognizing a $3.6 million extinguishment loss. Operating activities used $6.3 million of cash in the quarter, and free cash flow was $(2.0) million. Cash and cash equivalents were $19.8 million at June 30, 2026, supported by a $75.0 million revolving credit facility and $50.0 million term loan commitments.
Oil States International, Inc. amended the Executive Agreement of President and Chief Executive Officer Lloyd A. Hajdik effective July 9, 2026, restructuring severance calculations for certain termination events. If he is terminated by the company without Cause or resigns for Good Reason within 24 months following a Change of Control, he is entitled to a lump-sum severance equal to 3.0 times the sum of his Termination Base Salary and Target AICP. If his employment is terminated without Cause outside that 24‑month post–Change of Control period, he is entitled to a lump-sum severance equal to 1.5 times that sum, while all other terms of the Executive Agreement remain in effect.
Oil States International, Inc. held its 2026 Annual Meeting of Stockholders on May 12, 2026. Stockholders elected two Class I directors, Lawrence R. Dickerson and Lloyd A. Hajdik, to serve until the 2029 Annual Meeting. They also approved, on an advisory basis, the compensation of the company’s named executive officers and ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026.
Oil States International, Inc. reported first quarter 2026 revenues of $145.4 million, net income of $1.1 million ($0.02 per share) and Adjusted EBITDA of $16.7 million. Adjusted net income was $5.2 million, or $0.09 per share, excluding $4.1 million of restructuring and asset impairment charges.
Revenue declined 19% sequentially and 9% year over year, driven mainly by lower Offshore Manufactured Products activity, though that segment still generated $91.4 million of revenue and $18.5 million of Adjusted Segment EBITDA with a 20% margin. Backlog stood at $430 million with first quarter bookings of $84 million.
The company ended March 31, 2026 with $59.0 million of cash and net cash exceeding debt by $4.0 million, then retired $52.7 million of 4.75% convertible senior notes on April 1 using $25.5 million of cash, $25.0 million of revolver borrowings and 529,428 shares. Oil States also put in place a new credit agreement providing up to $75.0 million in revolving capacity and $50.0 million in term loans maturing in January 2030.
Oil States International, Inc. announced a planned leadership transition, with long-time President and CEO Cindy B. Taylor retiring effective May 1, 2026. She will also step down from the Board on that date and then serve as a consultant through October 31, 2026.
The Board has appointed Lloyd A. Hajdik, currently Executive Vice President, Chief Financial Officer and Treasurer, to become President, CEO and a Board member effective May 1, 2026. The filing notes her retirement is not due to any disagreement with the company, and emphasizes continuity, citing a clean balance sheet, little to no debt, record backlog and a focused leadership team.
Matthew E. Autenrieth, currently Vice President of Finance and Assistant Treasurer, will succeed Mr. Hajdik as Executive Vice President, Chief Financial Officer and Treasurer on the same date, assuming responsibility for all financial functions and joining the executive leadership team. Existing compensation arrangements for both successors remain unchanged at this time.
Oil States International reported fourth-quarter 2025 revenue of $178.5 million, up 8% from the prior quarter, driven mainly by growth in Offshore Manufactured Products. Despite this, the company posted a net loss of $117.2 million, or $2.04 per share, primarily due to $124.9 million in asset impairment, restructuring and related charges.
On an adjusted basis, excluding these charges, adjusted net income was $7.5 million, or $0.13 per share, and Adjusted EBITDA was $22.8 million, up 9% sequentially. Offshore backlog reached $435 million with fourth-quarter bookings of $160 million and a 1.3x book-to-bill ratio.
The company generated $50.1 million of operating cash flow and $53.6 million of free cash flow in the quarter, using cash to repurchase $50 million of convertible notes. At December 31, 2025, cash of $69.9 million exceeded total debt by $14.9 million, and a new credit agreement provides up to $125 million of borrowing capacity maturing in 2030.
Oil States International, Inc. entered into an amended and restated Cash Flow Credit Agreement with Wells Fargo Bank and other lenders, replacing its prior asset-based facility. The new agreement provides $125.0 million in total commitments, split between a $75.0 million revolving credit facility (including a $40.0 million letter of credit sub-limit) and a $50.0 million multi-draw term loan facility.
The facilities are available through July 28, 2026 and each matures on January 28, 2030. Borrowings accrue interest at Term SOFR plus a margin of 2.50% to 3.50% or a base rate plus 1.50% to 2.50%, with a 0.375% to 0.500% commitment fee on unused amounts. The debt is secured by substantially all U.S. assets and certain foreign stock and includes leverage and interest coverage covenants and customary defaults.
Oil States International, Inc. (OIS) furnished a press release with its results of operations and financial condition for the quarter ended September 30, 2025. The company submitted this information via Form 8-K on October 31, 2025.
The disclosure was furnished, not filed, which means it is not subject to Section 18 liability and is not incorporated by reference unless specifically stated. The filing lists Exhibit 99.1 as the press release and includes the Inline XBRL cover page (Exhibit 104).