Filing Flows › Oil States International (OIS) › Q2 2026 › vs Q1 2026
Oil States International (OIS) Q2 2026 vs Q1 2026 (quarter over quarter)
Oil States International's revenue rose $11.3M (+8%) from $145M in Q1 2026 to $157M in Q2 2026. The biggest changes: Downhole Technologies +$7.2M (+22%); Completion and Production Services +$2.8M (+13%); Offshore Manufactured Products +$1.3M (+1%). Operating margin 7.5% against 2.9% (+4.5 pts).
Oil States International, Q2 2026: revenue $157M (-5% year over year), operating margin 7.5%, net earnings $5.9M, operating cash flow −$6.3M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 7.5% | 2.9% | +4.5 pts |
| Net margin | 3.8% | 0.8% | +3.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Offshore Manufactured Products | $92.7M | $91.4M | $1.3M | +1% |
| Downhole Technologies | $39.7M | $32.4M | $7.2M | +22% |
| Completion and Production Services | $24.3M | $21.5M | $2.8M | +13% |
| Revenue | $157M | $145M | $11.3M | +8% |
| Operating profit | $11.7M | $4.3M | $7.4M | +174% |
| Costs & expenses | $145M | $141M | $3.9M | +3% |
| Pre-tax earnings | $7.9M | $3.3M | $4.7M | +144% |
| Other expense, net | $3.8M | $1.0M | $2.8M | +269% |
| Cost of revenue | $118M | $112M | $6.4M | +6% |
| SG&A | $23.1M | $20.0M | $3.1M | +15% |
| Other operating costs | $3.9M | $9.5M | −$5.6M | -59% |
| Net earnings | $5.9M | $1.1M | $4.8M | +433% |
| Income tax | $2.0M | $2.1M | −$130K | -6% |
| Operating cash sources | $23.3M | $13.0M | $10.2M | +79% |
| Depreciation & amortization | $8.1M | $8.2M | −$128K | -2% |
| Share-based compensation | $3.0M | $1.8M | $1.2M | +66% |
| Cash used in operations | $6.3M | $1.9M | $4.4M | +232% |
| Working capital & other | $23.3M | $13.0M | $10.2M | +79% |
Questions
How much did Oil States International's revenue grow quarter over quarter in Q2 2026?
Oil States International's revenue rose $11.3M (+8%) from $145M in Q1 2026 to $157M in Q2 2026.
What drove Oil States International's revenue change in Q2 2026?
Downhole Technologies +$7.2M (+22%); Completion and Production Services +$2.8M (+13%); Offshore Manufactured Products +$1.3M (+1%).