v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 629,473 $ 688,874
Accounts receivable, net 414,360 308,488
Contract assets, net 230,873 216,808
Inventory, net 197,726 201,595
Other current assets 107,835 96,635
Total Current Assets 1,580,267 1,512,400
Property and equipment, at cost 2,144,148 2,174,535
Property and equipment, at cost 1,700,919 1,722,842
Net property and equipment 443,229 451,693
Assets, Noncurrent, Other than Noncurrent Investments and Property, Plant and Equipment 665,342 703,161
Goodwill 50,789 51,023
Other Assets, Noncurrent 154,562 129,254
Right-of-use operating lease assets 295,200 349,751
Deferred Income Taxes and Other Assets, Noncurrent 164,791 173,133
Total Assets 2,688,838 2,667,254
Current Liabilities:    
Accounts payable 151,259 174,722
Accrued liabilities 449,873 471,971
Contract liabilities 125,100 115,033
Total current liabilities 726,232 761,726
Long-term debt 490,245 487,417
Long-term operating lease liabilities 217,543 257,269
Other long-term liabilities 86,034 84,179
Commitments and contingencies
Common Stock, shares issued (in shares) 110,834,088 110,834,088
Common Stock, Value, Issued $ 27,709 $ 27,709
Common Stock, shares authorized (in shares) 360,000,000 360,000,000
Common Stock, par value (in dollars per share) $ 0.25 $ 0.25
Equity:    
Additional paid-in capital $ 60,888 $ 80,454
Treasury Stock, Common, Value (556,640) (567,981)
Retained earnings 2,027,608  
Accumulated other comprehensive loss (395,409) (396,068)
Oceaneering shareholders' equity 1,164,156 1,070,600
Noncontrolling interest 4,628 6,063
Total equity 1,168,784 1,076,663
Total Liabilities and Equity $ 2,688,838 $ 2,667,254