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Side-by-side financial comparison of Academy Sports & Outdoors, Inc. (ASO) and OCEANEERING INTERNATIONAL INC (OII). Click either name above to swap in a different company.
Academy Sports & Outdoors, Inc. is the larger business by last-quarter revenue ($1.4B vs $692.4M, roughly 2.0× OCEANEERING INTERNATIONAL INC). OCEANEERING INTERNATIONAL INC runs the higher net margin — 5.2% vs 5.2%, a 0.0% gap on every dollar of revenue. On growth, OCEANEERING INTERNATIONAL INC posted the faster year-over-year revenue change (3.6% vs 3.0%). Academy Sports & Outdoors, Inc. produced more free cash flow last quarter ($-13.6M vs $-76.5M). Over the past eight quarters, OCEANEERING INTERNATIONAL INC's revenue compounded faster (1.8% CAGR vs -12.2%).
Academy Sports + Outdoors is an American sporting-goods store chain with corporate offices in the Katy Distribution Center in unincorporated western Harris County, Texas, United States, near Katy and west of Houston. For 74 years, it was a privately held company owned by the Gochman family, until its May 2011 acquisition by Kohlberg Kravis Roberts. In October 2020, it was listed on NASDAQ.
Oceaneering International, Inc. is a subsea engineering and applied technology company based in Houston, Texas, U.S. that provides engineered services and hardware to customers who operate in marine, space, and other environments.
ASO vs OII — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $692.4M |
| Net Profit | $71.6M | $36.1M |
| Gross Margin | 35.7% | — |
| Operating Margin | 7.3% | — |
| Net Margin | 5.2% | 5.2% |
| Revenue YoY | 3.0% | 3.6% |
| Net Profit YoY | 8.8% | -28.3% |
| EPS (diluted) | $1.05 | $0.36 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $692.4M | ||
| Q4 25 | $1.4B | $668.6M | ||
| Q3 25 | $1.6B | $742.9M | ||
| Q2 25 | $1.4B | $698.2M | ||
| Q1 25 | $1.7B | $674.5M | ||
| Q4 24 | $1.3B | $713.5M | ||
| Q3 24 | $1.5B | $679.8M | ||
| Q2 24 | $1.4B | $668.8M |
| Q1 26 | — | $36.1M | ||
| Q4 25 | $71.6M | $177.7M | ||
| Q3 25 | $125.4M | $71.3M | ||
| Q2 25 | $46.1M | $54.4M | ||
| Q1 25 | $133.6M | $50.4M | ||
| Q4 24 | $65.8M | $56.1M | ||
| Q3 24 | $142.6M | $41.2M | ||
| Q2 24 | $76.5M | $35.0M |
| Q1 26 | — | — | ||
| Q4 25 | 35.7% | 19.8% | ||
| Q3 25 | 36.0% | 20.6% | ||
| Q2 25 | 34.0% | 21.3% | ||
| Q1 25 | 32.2% | 20.0% | ||
| Q4 24 | 34.0% | 19.9% | ||
| Q3 24 | 36.1% | 19.3% | ||
| Q2 24 | 33.4% | 18.0% |
| Q1 26 | — | — | ||
| Q4 25 | 7.3% | 9.8% | ||
| Q3 25 | 10.8% | 11.6% | ||
| Q2 25 | 5.1% | 11.3% | ||
| Q1 25 | 9.2% | 10.9% | ||
| Q4 24 | 6.8% | 10.9% | ||
| Q3 24 | 12.3% | 10.5% | ||
| Q2 24 | 7.5% | 9.0% |
| Q1 26 | — | 5.2% | ||
| Q4 25 | 5.2% | 26.6% | ||
| Q3 25 | 7.8% | 9.6% | ||
| Q2 25 | 3.4% | 7.8% | ||
| Q1 25 | 8.0% | 7.5% | ||
| Q4 24 | 4.9% | 7.9% | ||
| Q3 24 | 9.2% | 6.1% | ||
| Q2 24 | 5.6% | 5.2% |
| Q1 26 | — | $0.36 | ||
| Q4 25 | $1.05 | $1.75 | ||
| Q3 25 | $1.85 | $0.71 | ||
| Q2 25 | $0.68 | $0.54 | ||
| Q1 25 | $1.85 | $0.49 | ||
| Q4 24 | $0.92 | $0.55 | ||
| Q3 24 | $1.95 | $0.40 | ||
| Q2 24 | $1.01 | $0.34 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $289.5M | — |
| Total DebtLower is stronger | — | $488.8M |
| Stockholders' EquityBook value | $2.1B | $1.1B |
| Total Assets | $5.4B | $2.6B |
| Debt / EquityLower = less leverage | — | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $289.5M | $695.9M | ||
| Q3 25 | $300.9M | $7.0M | ||
| Q2 25 | $285.1M | $7.0M | ||
| Q1 25 | $288.9M | $7.0M | ||
| Q4 24 | $296.0M | $504.5M | ||
| Q3 24 | $324.6M | — | ||
| Q2 24 | $378.1M | — |
| Q1 26 | — | $488.8M | ||
| Q4 25 | — | $487.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $482.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.1B | ||
| Q4 25 | $2.1B | $1.1B | ||
| Q3 25 | $2.1B | $907.7M | ||
| Q2 25 | $1.9B | $842.1M | ||
| Q1 25 | $2.0B | $773.1M | ||
| Q4 24 | $2.0B | $714.3M | ||
| Q3 24 | $2.0B | $698.0M | ||
| Q2 24 | $1.9B | $651.0M |
| Q1 26 | — | $2.6B | ||
| Q4 25 | $5.4B | $2.7B | ||
| Q3 25 | $5.3B | $2.5B | ||
| Q2 25 | $5.2B | $2.3B | ||
| Q1 25 | $4.9B | $2.3B | ||
| Q4 24 | $5.1B | $2.3B | ||
| Q3 24 | $4.9B | $2.4B | ||
| Q2 24 | $4.9B | $2.3B |
| Q1 26 | — | 0.44× | ||
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.67× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $49.0M | — |
| Free Cash FlowOCF − Capex | $-13.6M | $-76.5M |
| FCF MarginFCF / Revenue | -1.0% | -11.1% |
| Capex IntensityCapex / Revenue | 4.5% | 2.5% |
| Cash ConversionOCF / Net Profit | 0.68× | — |
| TTM Free Cash FlowTrailing 4 quarters | $191.4M | $238.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $49.0M | $221.1M | ||
| Q3 25 | $78.6M | $101.3M | ||
| Q2 25 | $157.5M | $77.2M | ||
| Q1 25 | $140.2M | $-80.7M | ||
| Q4 24 | $96.9M | $128.4M | ||
| Q3 24 | $91.3M | $91.9M | ||
| Q2 24 | $199.7M | $52.6M |
| Q1 26 | — | $-76.5M | ||
| Q4 25 | $-13.6M | $190.7M | ||
| Q3 25 | $21.8M | $77.0M | ||
| Q2 25 | $106.6M | $46.9M | ||
| Q1 25 | $76.4M | $-106.8M | ||
| Q4 24 | $34.4M | $94.5M | ||
| Q3 24 | $50.1M | $67.0M | ||
| Q2 24 | $167.4M | $29.8M |
| Q1 26 | — | -11.1% | ||
| Q4 25 | -1.0% | 28.5% | ||
| Q3 25 | 1.4% | 10.4% | ||
| Q2 25 | 7.9% | 6.7% | ||
| Q1 25 | 4.6% | -15.8% | ||
| Q4 24 | 2.6% | 13.2% | ||
| Q3 24 | 3.2% | 9.9% | ||
| Q2 24 | 12.3% | 4.5% |
| Q1 26 | — | 2.5% | ||
| Q4 25 | 4.5% | 4.6% | ||
| Q3 25 | 3.5% | 3.3% | ||
| Q2 25 | 3.8% | 4.3% | ||
| Q1 25 | 3.8% | 3.9% | ||
| Q4 24 | 4.6% | 4.7% | ||
| Q3 24 | 2.7% | 3.7% | ||
| Q2 24 | 2.4% | 3.4% |
| Q1 26 | — | — | ||
| Q4 25 | 0.68× | 1.24× | ||
| Q3 25 | 0.63× | 1.42× | ||
| Q2 25 | 3.42× | 1.42× | ||
| Q1 25 | 1.05× | -1.60× | ||
| Q4 24 | 1.47× | 2.29× | ||
| Q3 24 | 0.64× | 2.23× | ||
| Q2 24 | 2.61× | 1.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ASO
| Outdoors | $445.1M | 32% |
| Apparel | $349.8M | 25% |
| Footwear | $292.4M | 21% |
| Sports And Recreation | $288.7M | 21% |
| Other | $7.6M | 1% |
OII
Segment breakdown not available.
