Filing Flows › Oil States International (OIS) › Q4 2025
Oil States International (OIS) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 4, 2026
Oil States International (OIS) reported revenue of $178M for the fourth quarter 2025 (Q4 2025), +8% from a year earlier and +8% from the quarter before. Operating margin was -63.7%, net loss $117M (65.7% of revenue).
Oil States International, Q4 2025: revenue $178M (+8% year over year), operating margin -63.7%, net loss $117M, operating cash flow $50.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $178M | +8% | +8% |
| Operating profit | −$114M | -2493% | — |
| Net earnings | −$117M | -6271% | — |
| Operating cash flow | $50.1M | +63% | +175% |
| Free cash flow | $47.1M | +114% | 12× |
What changed
Revenue was $178.5M in Q4 2025, up 8% year over year and up 8% from the previous quarter. Offshore Manufactured Products was the largest line at 69% of revenue.
Operating costs exceeded revenue by $113.6M, an operating margin of -63.7%. Total costs grew 100% against revenue growth of 8%. The quarter ended with a net loss of $117.2M, after a profit of $1.9M the previous quarter.
Operating cash flow was $50.1M (up 175% year over year). Non-cash charges added back $11.4M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items added $154.1M. Capital expenditures of $3.0M left free cash flow of $47.1M.
Questions
What was Oil States International's revenue in the fourth quarter 2025?
Oil States International (OIS) reported revenue of $178M for the fourth quarter 2025 (Q4 2025), +8% from a year earlier and +8% from the quarter before.
Was Oil States International profitable in the fourth quarter 2025?
Operating loss was $114M (-63.7% of revenue) and net loss $117M.