StockWatch
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Oilfield Services/Equipment
Quarterly ResultApr 23, 2026, 05:17 PM

Oceaneering International Q1 2026 Cash Drops to $607.5M

AI Summary

Oceaneering International, Inc. filed its Form 10-Q for the quarter ended March 31, 2026. The company reported a decrease in cash and cash equivalents to $607.47 million from $688.87 million at the end of 2025. Concurrently, accounts receivable increased to $371.85 million, and total current assets saw a slight rise to $1.52 billion.

Key Highlights

  • Cash and cash equivalents decreased to $607.47 million as of March 31, 2026.
  • Accounts receivable, net, increased to $371.85 million.
  • Total Current Assets slightly rose to $1.52 billion.