Oceaneering International reported third-quarter 2026 revenue of $785 million, a 6% increase year-over-year, with operating income rising 7% to $92.2 million. Net income attributable to the company decreased 26% to $52.6 million, while adjusted EBITDA grew 7% to $119 million. The company also announced the issuance of $500 million in aggregate principal amount of 6.875% Senior Notes due 2034 and an amendment to its revolving credit facility extending maturity to July 2031. Oceaneering initiated full-year 2027 EBITDA guidance of $430 million to $480 million and reported free cash flow of $142 million for the quarter. The company operates in the offshore energy, defense, aerospace, and manufacturing industries.
