Oil States posts FY 2025 net loss of USD 109.4 million, down 15% in average FY 2025 WTI crude oil spot price to USD 65.39 per bbl

Reuters03-05
Oil States posts FY 2025 net loss of USD 109.4 million, down 15% in average FY 2025 WTI crude oil spot price to USD 65.39 per bbl

Oil States (Oil States International Inc.) reported an FY 2025 net loss of USD 109.4 million, or USD 1.86 per diluted share, on revenue of USD 669.0 million. The company posted an operating loss of USD 98.0 million and a loss before income taxes of USD 102.5 million, with net interest expense of USD 5.9 million and an income tax provision of USD 6.8 million. By segment in FY 2025, Offshore Manufactured Products generated revenue of USD 431.1 million and operating income of USD 69.2 million, Completion and Production Services delivered revenue of USD 114.5 million and operating income of USD 4.0 million, and Downhole Technologies recorded revenue of USD 123.3 million and an operating loss of USD 124.3 million. Offshore Manufactured Products backlog rose to USD 435 million as of December 31, 2025, with FY 2025 bookings of USD 554 million and a book-to-bill ratio of 1.3x. Oil States said FY 2025 results included USD 121.1 million in non-cash asset impairment charges and USD 11.6 million of facility exit and other charges, and noted U.S. tariff actions increased costs for certain imported components. The company also cited FY 2025 cash flow from operations of USD 105.1 million, repurchased USD 70.8 million principal amount of its 2026 Notes for USD 70.4 million in cash, and bought back 3.3 million shares for USD 16.6 million. As of December 31, 2025, Oil States had cash and cash equivalents of USD 69.9 million, no borrowings outstanding under its ABL facility, and USD 52.7 million principal amount of 2026 Notes outstanding.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oil States International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001121484-26-000007), on March 04, 2026, and is solely responsible for the information contained therein.

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