Filing Flows › Oil States International (OIS) › Q3 2026 › vs Q2 2026
Oil States International (OIS) Q3 2026 vs Q2 2026 (quarter over quarter)
Oil States International's revenue rose $13.1M (+8%) from $157M in Q2 2026 to $170M in Q3 2026. The biggest changes: Offshore Manufactured Products +$11.7M (+13%); Downhole Technologies +$2.6M (+6%); Completion and Production Services −$1.1M (-5%). Operating margin 3.7% against 7.5% (-3.7 pts).
Oil States International, Q3 2026: revenue $170M (+3% year over year), operating margin 3.7%, net earnings $3.1M, operating cash flow $5.3M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 3.7% | 7.5% | -3.7 pts |
| Net margin | 1.8% | 3.8% | -1.9 pts |
| Free cash flow margin | 1.2% | -5.9% | +7.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Offshore Manufactured Products | $104M | $92.7M | $11.7M | +13% |
| Downhole Technologies | $42.2M | $39.7M | $2.6M | +6% |
| Completion and Production Services | $23.2M | $24.3M | −$1.1M | -5% |
| Revenue | $170M | $157M | $13.1M | +8% |
| Operating profit | $6.3M | $11.7M | −$5.4M | -46% |
| Costs & expenses | $163M | $145M | $18.5M | +13% |
| Pre-tax earnings | $5.3M | $7.9M | −$2.7M | -34% |
| Other expense, net | $1.1M | $3.8M | −$2.7M | -71% |
| Cost of revenue | $130M | $118M | $12.1M | +10% |
| SG&A | $24.0M | $23.1M | $867K | +4% |
| Other operating costs | $9.4M | $3.9M | $5.5M | +142% |
| Net earnings | $3.1M | $5.9M | −$2.8M | -47% |
| Income tax | $2.1M | $2.0M | $124K | +6% |
| Operating cash sources | $14.9M | $17.0M | −$2.1M | -13% |
| Depreciation & amortization | $8.0M | $8.1M | −$15K | -0.2% |
| Share-based compensation | $3.7M | $3.0M | $677K | +22% |
| Working capital & other | $9.6M | $23.3M | −$13.7M | -59% |
| Operating cash flow | $5.3M | −$6.3M | $11.6M | — |
| Free cash flow (OCF − capex) | $2.1M | −$9.2M | $11.3M | — |
| Capital expenditures | $3.2M | $2.9M | $299K | +10% |
Questions
How much did Oil States International's revenue grow quarter over quarter in Q3 2026?
Oil States International's revenue rose $13.1M (+8%) from $157M in Q2 2026 to $170M in Q3 2026.
What drove Oil States International's revenue change in Q3 2026?
Offshore Manufactured Products +$11.7M (+13%); Downhole Technologies +$2.6M (+6%); Completion and Production Services −$1.1M (-5%).