Filing Flows › Oil States International (OIS) › Q3 2026 › vs Q3 2025
Oil States International (OIS) Q3 2026 vs Q3 2025 (year over year)
Oil States International's revenue rose $4.6M (+3%) from $165M in Q3 2025 to $170M in Q3 2026. The biggest changes: Downhole Technologies +$13.2M (+45%); Completion and Production Services −$4.4M (-16%); Offshore Manufactured Products −$4.2M (-4%). Operating margin 3.7% against 2.9% (+0.9 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 3.7% | 2.9% | +0.9 pts |
| Net margin | 1.8% | 1.2% | +0.7 pts |
| Free cash flow margin | 1.2% | 13.3% | -12.1 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Offshore Manufactured Products | $104M | $109M | −$4.2M | -4% |
| Downhole Technologies | $42.2M | $29.0M | $13.2M | +45% |
| Completion and Production Services | $23.2M | $27.5M | −$4.4M | -16% |
| Revenue | $170M | $165M | $4.6M | +3% |
| Operating profit | $6.3M | $4.7M | $1.6M | +33% |
| Costs & expenses | $163M | $160M | $3.0M | +2% |
| Pre-tax earnings | $5.3M | $3.3M | $1.9M | +57% |
| Other expense, net | $1.1M | $1.4M | −$329K | -23% |
| Cost of revenue | $130M | $129M | $1.4M | +1% |
| SG&A | $24.0M | $20.8M | $3.2M | +16% |
| Other operating costs | $9.4M | $11.0M | −$1.7M | -15% |
| Net earnings | $3.1M | $1.9M | $1.2M | +64% |
| Income tax | $2.1M | $1.4M | $700K | +49% |
| Operating cash sources | $14.9M | $15.9M | −$1.1M | -7% |
| Depreciation & amortization | $8.0M | $12.1M | −$4.1M | -34% |
| Share-based compensation | $3.7M | $1.9M | $1.8M | +95% |
| Working capital & other | $9.6M | −$14.8M | $24.3M | — |
| Operating cash flow | $5.3M | $30.7M | −$25.4M | -83% |
| Free cash flow (OCF − capex) | $2.1M | $22.0M | −$19.9M | -91% |
| Capital expenditures | $3.2M | $8.7M | −$5.5M | -63% |
Questions
How much did Oil States International's revenue grow year over year in Q3 2026?
Oil States International's revenue rose $4.6M (+3%) from $165M in Q3 2025 to $170M in Q3 2026.
What drove Oil States International's revenue change in Q3 2026?
Downhole Technologies +$13.2M (+45%); Completion and Production Services −$4.4M (-16%); Offshore Manufactured Products −$4.2M (-4%).