Filing Flows › Oil States International (OIS) › How it makes money
How Oil States International (OIS) makes money
Oil States International (OIS) made $170M of revenue in the third quarter 2026 (Q3 2026), +3% from a year earlier. Offshore Manufactured Products brought in $104M (61%); Downhole Technologies brought in $42.2M (25%); Completion and Production Services brought in $23.2M (14%). Of every dollar of revenue, 4¢ was left as operating profit, 2¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Offshore Manufactured Products | $104M | 61.5% | +13% | -4% |
| Downhole Technologies | $42.2M | 24.9% | +6% | +45% |
| Completion and Production Services | $23.2M | 13.6% | -5% | -16% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $170M | 100.0% |
| Operating profit | $6.3M | 3.7% |
| Income tax | $2.1M | 1.3% |
| Net earnings | $3.1M | 1.8% |
| Operating cash flow | $5.3M | 3.1% |
| Free cash flow | $2.1M | 1.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $170M | +3% |
| Q2 2026 | $157M | -5% |
| Q1 2026 | $145M | -9% |
| Q4 2025 | $178M | +8% |
| Q3 2025 | $165M | -5% |
| Q2 2025 | $165M | -11% |
| Q1 2025 | $160M | -4% |
From Oil States International's 10-Q filed Oct 30, 2026 (on EDGAR).
Questions
How does Oil States International make money?
Oil States International (OIS) made $170M of revenue in the third quarter 2026 (Q3 2026), +3% from a year earlier. Offshore Manufactured Products brought in $104M (61%); Downhole Technologies brought in $42.2M (25%); Completion and Production Services brought in $23.2M (14%). Of every dollar of revenue, 4¢ was left as operating profit, 2¢ was left as net earnings.
What is Oil States International's biggest business?
Offshore Manufactured Products: $104M in the third quarter 2026, 61% of revenue, -4% from a year earlier.
What is Oil States International's profit margin?
Net earnings were $3.1M, 1.8% of revenue, in the third quarter 2026; the operating margin was 3.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.