Quarterly ResultJun 25, 2026, 05:17 PM
OMS Energy FY26 Revenue $155.9M; Record Operating Cash Flow $54.1M
AI Summary
OMS Energy Technologies Inc. announced its fiscal year 2026 financial results, reporting total revenues of $155.9 million and a net profit of $33.9 million, both down year-over-year. Despite the revenue decline, the company achieved record operating cash flow of $54.1 million and increased adjusted free cash flow to $52.5 million, ending the year debt-free with $154.3 million in cash. Strategic business highlights included significant orders from Saudi Aramco and other operators, along with new certifications that expand its market opportunities and geographic presence.
Key Highlights
- Total revenues for fiscal year 2026 were $155.9 million, down from $203.6 million.
- Net profit was $33.9 million, compared to $47.0 million in the prior year.
- Generated record operating cash flow of $54.1 million, up from $40.5 million.
- Adjusted free cash flow increased to $52.5 million from $37.6 million.
- Ended the fiscal year debt-free with a $154.3 million cash position.
- Secured an $11 million call-off order from Saudi Aramco in March 2026.
- Obtained $2.6 million in surface wellhead system orders and contract extensions.
- OMS Saudi earned API Specification 6A certification, expanding service offerings.
Price Impact