vs
Side-by-side financial comparison of IMMERSION CORP (IMMR) and OCEANEERING INTERNATIONAL INC (OII). Click either name above to swap in a different company.
OCEANEERING INTERNATIONAL INC is the larger business by last-quarter revenue ($692.4M vs $372.9M, roughly 1.9× IMMERSION CORP). OCEANEERING INTERNATIONAL INC runs the higher net margin — 5.2% vs -4.6%, a 9.8% gap on every dollar of revenue. On growth, IMMERSION CORP posted the faster year-over-year revenue change (750.4% vs 3.6%). Over the past eight quarters, IMMERSION CORP's revenue compounded faster (537.9% CAGR vs 1.8%).
Immersion Corporation is an Aventura, Florida based developer and licensor of touch feedback technology, also known as haptic technology. Immersion Corporation has been accused of being a patent troll. Founded in 1993 by Louis Rosenberg, it is currently headed by lawyer Francis Jose, who serves as both chief executive officer and general counsel.
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.
IMMR vs OII — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $372.9M | $692.4M |
| Net Profit | $-17.0M | $36.1M |
| Gross Margin | — | — |
| Operating Margin | -2.8% | — |
| Net Margin | -4.6% | 5.2% |
| Revenue YoY | 750.4% | 3.6% |
| Net Profit YoY | -191.3% | -28.3% |
| EPS (diluted) | $-0.57 | $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 | — | $668.6M | ||
| Q3 25 | — | $742.9M | ||
| Q2 25 | $372.9M | $698.2M | ||
| Q1 25 | $471.3M | $674.5M | ||
| Q4 24 | $616.2M | $713.5M | ||
| Q3 24 | — | $679.8M | ||
| Q2 24 | $95.5M | $668.8M |
| Q1 26 | — | $36.1M | ||
| Q4 25 | — | $177.7M | ||
| Q3 25 | — | $71.3M | ||
| Q2 25 | $-17.0M | $54.4M | ||
| Q1 25 | $24.1M | $50.4M | ||
| Q4 24 | $30.8M | $56.1M | ||
| Q3 24 | — | $41.2M | ||
| Q2 24 | $26.4M | $35.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 19.8% | ||
| Q3 25 | — | 20.6% | ||
| Q2 25 | — | 21.3% | ||
| Q1 25 | — | 20.0% | ||
| Q4 24 | — | 19.9% | ||
| Q3 24 | — | 19.3% | ||
| Q2 24 | — | 18.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | 9.8% | ||
| Q3 25 | — | 11.6% | ||
| Q2 25 | -2.8% | 11.3% | ||
| Q1 25 | 7.5% | 10.9% | ||
| Q4 24 | 11.4% | 10.9% | ||
| Q3 24 | — | 10.5% | ||
| Q2 24 | 23.7% | 9.0% |
| Q1 26 | — | 5.2% | ||
| Q4 25 | — | 26.6% | ||
| Q3 25 | — | 9.6% | ||
| Q2 25 | -4.6% | 7.8% | ||
| Q1 25 | 5.1% | 7.5% | ||
| Q4 24 | 5.0% | 7.9% | ||
| Q3 24 | — | 6.1% | ||
| Q2 24 | 27.7% | 5.2% |
| Q1 26 | — | $0.36 | ||
| Q4 25 | — | $1.75 | ||
| Q3 25 | — | $0.71 | ||
| Q2 25 | $-0.57 | $0.54 | ||
| Q1 25 | $0.73 | $0.49 | ||
| Q4 24 | $0.93 | $0.55 | ||
| Q3 24 | — | $0.40 | ||
| Q2 24 | $0.81 | $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 | $161.4M | — |
| Total DebtLower is stronger | $103.1M | $488.8M |
| Stockholders' EquityBook value | $298.1M | $1.1B |
| Total Assets | $1.1B | $2.6B |
| Debt / EquityLower = less leverage | 0.35× | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $695.9M | ||
| Q3 25 | — | $7.0M | ||
| Q2 25 | $161.4M | $7.0M | ||
| Q1 25 | $153.9M | $7.0M | ||
| Q4 24 | $159.3M | $504.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | $133.4M | — |
| Q1 26 | — | $488.8M | ||
| Q4 25 | — | $487.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | $103.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $482.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.1B | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $907.7M | ||
| Q2 25 | $298.1M | $842.1M | ||
| Q1 25 | $317.9M | $773.1M | ||
| Q4 24 | $305.5M | $714.3M | ||
| Q3 24 | — | $698.0M | ||
| Q2 24 | $273.4M | $651.0M |
| Q1 26 | — | $2.6B | ||
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.5B | ||
| Q2 25 | $1.1B | $2.3B | ||
| Q1 25 | $1.4B | $2.3B | ||
| Q4 24 | $1.4B | $2.3B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | $1.2B | $2.3B |
| Q1 26 | — | 0.44× | ||
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.35× | — | ||
| 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 | — | — |
| Free Cash FlowOCF − Capex | — | $-76.5M |
| FCF MarginFCF / Revenue | — | -11.1% |
| Capex IntensityCapex / Revenue | — | 2.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $238.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $221.1M | ||
| Q3 25 | — | $101.3M | ||
| Q2 25 | — | $77.2M | ||
| Q1 25 | $-43.7M | $-80.7M | ||
| Q4 24 | — | $128.4M | ||
| Q3 24 | — | $91.9M | ||
| Q2 24 | $-85.9M | $52.6M |
| Q1 26 | — | $-76.5M | ||
| Q4 25 | — | $190.7M | ||
| Q3 25 | — | $77.0M | ||
| Q2 25 | — | $46.9M | ||
| Q1 25 | $-46.2M | $-106.8M | ||
| Q4 24 | — | $94.5M | ||
| Q3 24 | — | $67.0M | ||
| Q2 24 | — | $29.8M |
| Q1 26 | — | -11.1% | ||
| Q4 25 | — | 28.5% | ||
| Q3 25 | — | 10.4% | ||
| Q2 25 | — | 6.7% | ||
| Q1 25 | -9.8% | -15.8% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | — | 9.9% | ||
| Q2 24 | — | 4.5% |
| Q1 26 | — | 2.5% | ||
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 3.3% | ||
| Q2 25 | — | 4.3% | ||
| Q1 25 | 0.5% | 3.9% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | — | 3.7% | ||
| Q2 24 | — | 3.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.24× | ||
| Q3 25 | — | 1.42× | ||
| Q2 25 | — | 1.42× | ||
| Q1 25 | -1.82× | -1.60× | ||
| Q4 24 | — | 2.29× | ||
| Q3 24 | — | 2.23× | ||
| Q2 24 | -3.25× | 1.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IMMR
| Course Material Sale | $150.9M | 40% |
| General Merchandise Sale | $138.0M | 37% |
| Rental Services | $51.8M | 14% |
| Services And Other Revenue | $25.6M | 7% |
| Per Unit Royalties | $1.8M | 0% |
OII
Segment breakdown not available.
