Oil States International, Inc. (OIS) Income Statement
OIS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsOIS revenue and net income
Where OIS's revenue goes
2025Each bar shows an amount and its share of revenue. OIS kept −16.3% of revenue as net income.
OIS profit margins
OIS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −3.4% | −3.2% | +1.0% | −4.9% |
| Gross profit | −19.7% | −3.4% | — | −7.3% |
| Operating income | −169.1% | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | +111.8% | — | — | −8.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
OIS quarterly EPS vs estimates
Oil States International beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 30, 2026 (estimate $0.12).
OIS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $669.0M | $692.6M | $782.3M | $737.7M | $573.2M | $638.1M | $1.02B | $1.09B | $670.6M | $694.4M |
| Cost of revenue | $583.2M | $585.7M | $663.2M | $642.4M | $546.7M | $660.3M | $922.9M | $955.0M | $628.4M | $645.5M |
| Gross profit | $85.8M | $106.9M | $119.1M | $95.3M | $26.4M | −$22.3M | $94.4M | $133.1M | $42.2M | $49.0M |
| Research & development | — | $5.2M | $4.5M | $3.5M | $4.4M | $6.1M | $7.0M | $6.6M | $0 | $0 |
| Sales, general & admin | $90.4M | $95.0M | $94.2M | $96.0M | $83.7M | $94.1M | $122.9M | $138.1M | $114.8M | $124.0M |
| Total operating expenses | $90.4M | $100.2M | $98.7M | $99.5M | $80.6M | $85.0M | $119.4M | $126.8M | $111.4M | $116.6M |
| Operating income | −$4.6M | $6.7M | $20.4M | −$4.2M | −$54.2M | −$107.3M | −$25.0M | $6.3M | −$69.2M | −$67.6M |
| Interest income | $1.9M | $1.1M | $1.4M | $291,000 | $10.2M | $13.9M | $262,000 | $319,000 | $359,000 | $399,000 |
| Interest expense | $5.9M | $8.8M | $9.6M | $10.6M | $10.3M | $14.3M | $17.9M | $19.3M | $4.7M | $5.3M |
| Income before taxes | −$102.5M | −$7.9M | $15.8M | −$4.1M | −$73.3M | −$534.3M | −$240.7M | −$21.7M | −$77.4M | −$73.3M |
| Income taxes | $6.8M | $3.4M | $2.9M | $5.5M | −$9.3M | −$65.9M | −$8.9M | −$2.6M | $7.4M | −$26.9M |
| Net income | −$109.4M | −$11.3M | $12.9M | −$9.5M | −$64.0M | −$468.4M | −$231.8M | −$19.1M | −$84.8M | −$46.4M |
| EBITDA | −$49.2M | $55.7M | $86.2M | $73.8M | $17.7M | −$421.5M | −$99.5M | $121.1M | $34.9M | $50.7M |
| EPS (diluted) | $0.36 | $0.17 | $0.20 | −$0.23 | −$0.75 | −$0.99 | −$0.62 | −$0.23 | −$1.03 | −$0.85 |
| Gross margin | 12.8% | 15.4% | 15.2% | 12.9% | 4.6% | −3.5% | 9.3% | 12.2% | 6.3% | 7.0% |
| Operating margin | −0.7% | 1.0% | 2.6% | −0.6% | −9.5% | −16.8% | −2.5% | 0.6% | −10.3% | −9.7% |
| Net margin | −16.3% | −1.6% | 1.6% | −1.3% | −11.2% | −73.4% | −22.8% | −1.8% | −12.7% | −6.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $132.9M | $145.4M | $178.2M | $165.4M | $165.4M | $159.9M | $164.6M | $174.3M | $186.4M | $167.3M | $208.3M | $194.3M |
| Cost of revenue | $118.0M | $119.8M | $170.5M | $137.2M | $137.2M | $134.7M | $137.8M | $150.2M | $156.7M | $146.1M | $178.3M | $165.8M |
| Gross profit | $14.9M | $25.6M | $8.0M | $28.2M | $28.2M | $25.2M | $26.8M | $24.1M | $29.7M | $21.1M | $30.0M | $28.4M |
| Research & development | — | — | — | — | — | — | — | — | — | — | $4.5M | — |
| Sales, general & admin | $23.1M | $20.0M | $24.2M | $20.8M | $23.0M | $22.5M | $23.4M | $22.8M | $26.4M | $22.5M | $22.4M | $24.2M |
| Total operating expenses | $23.1M | $20.0M | $24.2M | $23.0M | $23.0M | $22.5M | $23.4M | $22.8M | $26.4M | $22.5M | $22.4M | $24.2M |
| Operating income | −$8.2M | $5.7M | −$16.2M | $5.2M | $5.2M | $2.7M | $3.4M | $1.4M | $3.3M | −$1.4M | $7.6M | $4.2M |
| Interest income | — | — | $809,000 | $1.8M | $1.7M | $1.6M | $1.7M | $1.8M | — | — | — | $1.9M |
| Interest expense | $508,000 | $1.2M | $890,000 | $1.7M | $1.7M | $1.6M | $1.7M | $1.8M | $2.1M | $2.1M | $1.8M | $1.9M |
| Income before taxes | $7.9M | $3.3M | −$114.3M | $4.2M | $4.2M | $4.2M | $17.0M | −$12.1M | $636,000 | −$13.3M | $6.2M | $4.4M |
| Income taxes | $2.0M | $2.1M | $3.0M | $1.4M | $1.4M | $1.0M | $1.8M | $2.2M | −$665,000 | $24,000 | $233,000 | $236,000 |
| Net income | $5.9M | $1.1M | −$117.2M | $2.8M | $2.8M | $3.2M | $15.2M | −$14.3M | $1.3M | −$13.4M | $6.0M | $4.2M |
| EBITDA | −$157,000 | $12.6M | −$102.0M | $18.0M | $17.8M | $17.8M | $30.9M | $3.3M | $17.4M | $2.9M | $22.6M | $21.8M |
| EPS (diluted) | $0.14 | $0.09 | $0.13 | $0.08 | $0.09 | $0.06 | $0.09 | $0.04 | $0.07 | −$0.03 | $0.09 | $0.07 |
| Gross margin | 11.2% | 17.6% | 4.5% | 17.0% | 17.0% | 15.8% | 16.3% | 13.8% | 15.9% | 12.6% | 14.4% | 14.6% |
| Operating margin | −6.2% | 3.9% | −9.1% | 3.1% | 3.1% | 1.7% | 2.1% | 0.8% | 1.8% | −0.8% | 3.6% | 2.2% |
| Net margin | 4.4% | 0.8% | −65.8% | 1.7% | 1.7% | 2.0% | 9.2% | −8.2% | 0.7% | −8.0% | 2.9% | 2.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in OIS's financial statements (latest annual report filed March 4, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
OIS financial results
In fiscal year 2025 (ended December 31, 2025), Oil States International reported revenue of $669.0 million, down 3.4% from the year before. It had a net loss of $109.4 million, a net profit margin of −16.3%. Diluted earnings per share came to $0.36. Over five years revenue grew at an average rate of 1.0% a year.
See the OIS stock overview for the latest quote and news, or the OIS chart for price history and technical indicators.
OIS income statement FAQ
What is Oil States International's annual revenue?
Oil States International reported total revenue of $669.0 million for fiscal year 2025, which ended on December 31, 2025. That was down 3.4% from $692.6 million the previous year.
Is Oil States International profitable?
No. Oil States International reported a net loss of $109.4 million in fiscal 2025, a net profit margin of −16.3%; its operating margin was −0.7%.
What is Oil States International's gross margin?
Oil States International's gross margin was 12.8% in fiscal 2025: for every $100 of revenue, Oil States International kept $13 after the direct cost of its products and services.
How fast is Oil States International growing?
Revenue grew 1.0% a year on average over the last five fiscal years, from $638.1 million to $669.0 million.
What are Oil States International's earnings per share?
Oil States International earned $0.36 per diluted share in fiscal 2025, compared with $0.17 a year earlier.
When will Oil States International report its next earnings?
Oil States International is expected to report results for the quarter ending September 30, 2026 on October 30, 2026.
When does Oil States International's fiscal year end?
Oil States International's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 4, 2026.