Filing Flows › Oil States International (OIS) › Q3 2025
Oil States International (OIS) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 31, 2025
Oil States International (OIS) reported revenue of $165M for the third quarter 2025 (Q3 2025), -5% from a year earlier and -0.1% from the quarter before. Operating margin was 2.9%, net earnings $1.9M (1.2% of revenue).
Oil States International, Q3 2025: revenue $165M (-5% year over year), operating margin 2.9%, net earnings $1.9M, operating cash flow $30.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $165M | -0.1% | -5% |
| Operating profit | $4.7M | -10% | — |
| Net earnings | $1.9M | -32% | — |
| Operating cash flow | $30.7M | +105% | +7% |
| Free cash flow | $22.0M | +370% | +3% |
What changed
Revenue was $165.2M in Q3 2025, down 5% year over year and roughly flat from the previous quarter. Offshore Manufactured Products was the largest line at 66% of revenue. Completion and Production Services lost $12.6M year over year (down 31%), 137% of the total change.
Operating profit was $4.7M, a 2.9% margin (up 9.2 points year over year). Total costs fell 13% while revenue fell 5%. Net earnings were $1.9M. The effective tax rate was 43.1%.
Operating cash flow was $30.7M (up 7% year over year), 1615% of net earnings. Non-cash charges added back $12.1M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $14.8M. Capital expenditures of $8.7M left free cash flow of $22.0M.
Questions
What was Oil States International's revenue in the third quarter 2025?
Oil States International (OIS) reported revenue of $165M for the third quarter 2025 (Q3 2025), -5% from a year earlier and -0.1% from the quarter before.
Was Oil States International profitable in the third quarter 2025?
Operating profit was $4.7M (2.9% of revenue) and net earnings $1.9M.