Oil States International (OIS)
NYSE:OIS
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Earnings Data
Report Date
Aug 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.11Last Year’s EPS
0.09Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a generally constructive operational and strategic picture: backlog growth (+20% YoY) and strong segment margins (Offshore ~20%, Completion ~29%) and technology awards underpin confidence in the company’s offshore/international pivot. Liquidity is solid with an amended credit facility and retirement of convertible notes. Near-term performance was pressured by seasonality, timing, and Middle East-related delays, plus one-time impairments and working capital investment that weighed on GAAP earnings and free cash flow in Q1. Management provided higher Q2 guidance and reiterated full-year book-to-bill expectations but noted meaningful uncertainty around the duration of the Middle East conflict which could put guidance at risk. Overall, positives (backlog, margins, liquidity, product recognition, and guidance improvement) modestly outweigh the near-term headwinds and execution timing risks.Company Guidance
Revenue and Adjusted EBITDA
Reported Q1 2026 revenues of $145 million and adjusted EBITDA of $17 million. GAAP net income was $1 million ($0.02/share) while adjusted net income was $5 million ($0.09/share) excluding certain charges.
Offshore Manufactured Products Leadership
Offshore Manufactured Products generated $91 million of revenue and $19 million of adjusted segment EBITDA in Q1, representing an adjusted segment EBITDA margin of ~20% and continued leadership within the portfolio.
Backlog Strength and Bookings
Backlog stood at $430 million (near a decade high), up $73 million or 20% year-over-year. Bookings in the quarter were $84 million and backlog supports management's view of full-year book-to-bill of 1x or greater.
Completion & Production Services Strong Margins
Completion and Production Services delivered $21 million of revenue and $6 million of adjusted segment EBITDA, reflecting an approximate adjusted segment EBITDA margin of 29%.
Technology Recognition and Product Momentum
Received two 2026 Spotlight on New Technology Awards (GeoLok geothermal wellhead and MPD Drill Ahead Tool), reinforcing R&D/engineering strength and supporting commercial adoption of upgraded Downhole Technologies products.
Liquidity and Capital Structure
Ended the quarter with $59 million cash on hand, an amended credit agreement providing up to $75 million revolver and $50 million multi-draw term loan, $13 million of letters of credit outstanding and $112 million available to draw. Retired $53 million of convertible senior notes on April 1 (mix of cash, revolver borrowings and share issuance).
Positive Near-Term Guidance
Q2 guidance calls for revenues of $157–$162 million and EBITDA of $18–$20 million (implying an approximate quarter-over-quarter revenue increase vs Q1 of ~8%–12%, based on the $145 million Q1 base), signaling expected sequential improvement.
OIS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OIS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $11.20 | $9.63 | -14.02% |
Feb 20, 2026 | $10.00 | $12.53 | +25.30% |
Oct 31, 2025 | $6.78 | $5.97 | -11.95% |
Jul 31, 2025 | $5.63 | $4.99 | -11.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Oil States International (OIS) report earnings?
Oil States International (OIS) is schdueled to report earning on Aug 05, 2026, Before Open (Confirmed).
What is Oil States International (OIS) earnings time?
Oil States International (OIS) earnings time is at Aug 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OIS EPS forecast?
OIS EPS forecast for the fiscal quarter 2026 (Q2) is 0.11.