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Side-by-side financial comparison of OCEANEERING INTERNATIONAL INC (OII) and Solstice Advanced Materials Inc. (SOLS). Click either name above to swap in a different company.

Solstice Advanced Materials Inc. is the larger business by last-quarter revenue ($969.0M vs $692.4M, roughly 1.4× OCEANEERING INTERNATIONAL INC). OCEANEERING INTERNATIONAL INC runs the higher net margin — 5.2% vs -3.6%, a 8.8% gap on every dollar of revenue. On growth, Solstice Advanced Materials Inc. posted the faster year-over-year revenue change (6.8% vs 3.6%). Solstice Advanced Materials Inc. produced more free cash flow last quarter ($41.0M vs $-76.5M).

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.

Solstice Advanced Materials Inc. is a specialty advanced materials provider that develops, produces and distributes high-performance functional materials for renewable energy systems, consumer electronics, industrial manufacturing and advanced automotive sectors. The company focuses on material solutions that boost product durability, energy efficiency and operational performance for its global clients.

OII vs SOLS — Head-to-Head

Bigger by revenue
SOLS
SOLS
1.4× larger
SOLS
$969.0M
$692.4M
OII
Growing faster (revenue YoY)
SOLS
SOLS
+3.3% gap
SOLS
6.8%
3.6%
OII
Higher net margin
OII
OII
8.8% more per $
OII
5.2%
-3.6%
SOLS
More free cash flow
SOLS
SOLS
$117.5M more FCF
SOLS
$41.0M
$-76.5M
OII

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
OII
OII
SOLS
SOLS
Revenue
$692.4M
$969.0M
Net Profit
$36.1M
$-35.0M
Gross Margin
32.0%
Operating Margin
17.9%
Net Margin
5.2%
-3.6%
Revenue YoY
3.6%
6.8%
Net Profit YoY
-28.3%
-123.0%
EPS (diluted)
$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.

Revenue
OII
OII
SOLS
SOLS
Q1 26
$692.4M
Q4 25
$668.6M
Q3 25
$742.9M
$969.0M
Q2 25
$698.2M
Q1 25
$674.5M
Q4 24
$713.5M
Q3 24
$679.8M
$907.0M
Q2 24
$668.8M
Net Profit
OII
OII
SOLS
SOLS
Q1 26
$36.1M
Q4 25
$177.7M
Q3 25
$71.3M
$-35.0M
Q2 25
$54.4M
Q1 25
$50.4M
Q4 24
$56.1M
Q3 24
$41.2M
$152.0M
Q2 24
$35.0M
Gross Margin
OII
OII
SOLS
SOLS
Q1 26
Q4 25
19.8%
Q3 25
20.6%
32.0%
Q2 25
21.3%
Q1 25
20.0%
Q4 24
19.9%
Q3 24
19.3%
36.6%
Q2 24
18.0%
Operating Margin
OII
OII
SOLS
SOLS
Q1 26
Q4 25
9.8%
Q3 25
11.6%
17.9%
Q2 25
11.3%
Q1 25
10.9%
Q4 24
10.9%
Q3 24
10.5%
21.7%
Q2 24
9.0%
Net Margin
OII
OII
SOLS
SOLS
Q1 26
5.2%
Q4 25
26.6%
Q3 25
9.6%
-3.6%
Q2 25
7.8%
Q1 25
7.5%
Q4 24
7.9%
Q3 24
6.1%
16.8%
Q2 24
5.2%
EPS (diluted)
OII
OII
SOLS
SOLS
Q1 26
$0.36
Q4 25
$1.75
Q3 25
$0.71
Q2 25
$0.54
Q1 25
$0.49
Q4 24
$0.55
Q3 24
$0.40
Q2 24
$0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OII
OII
SOLS
SOLS
Cash + ST InvestmentsLiquidity on hand
$417.0M
Total DebtLower is stronger
$488.8M
Stockholders' EquityBook value
$1.1B
$3.2B
Total Assets
$2.6B
$5.2B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OII
OII
SOLS
SOLS
Q1 26
Q4 25
$695.9M
Q3 25
$7.0M
$417.0M
Q2 25
$7.0M
Q1 25
$7.0M
Q4 24
$504.5M
Q3 24
Q2 24
Total Debt
OII
OII
SOLS
SOLS
Q1 26
$488.8M
Q4 25
$487.4M
Q3 25
Q2 25
Q1 25
Q4 24
$482.0M
Q3 24
Q2 24
Stockholders' Equity
OII
OII
SOLS
SOLS
Q1 26
$1.1B
Q4 25
$1.1B
Q3 25
$907.7M
$3.2B
Q2 25
$842.1M
Q1 25
$773.1M
Q4 24
$714.3M
Q3 24
$698.0M
$3.2B
Q2 24
$651.0M
Total Assets
OII
OII
SOLS
SOLS
Q1 26
$2.6B
Q4 25
$2.7B
Q3 25
$2.5B
$5.2B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.4B
Q2 24
$2.3B
Debt / Equity
OII
OII
SOLS
SOLS
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
OII
OII
SOLS
SOLS
Operating Cash FlowLast quarter
$289.0M
Free Cash FlowOCF − Capex
$-76.5M
$41.0M
FCF MarginFCF / Revenue
-11.1%
4.2%
Capex IntensityCapex / Revenue
2.5%
25.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$238.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OII
OII
SOLS
SOLS
Q1 26
Q4 25
$221.1M
Q3 25
$101.3M
$289.0M
Q2 25
$77.2M
Q1 25
$-80.7M
Q4 24
$128.4M
Q3 24
$91.9M
Q2 24
$52.6M
Free Cash Flow
OII
OII
SOLS
SOLS
Q1 26
$-76.5M
Q4 25
$190.7M
Q3 25
$77.0M
$41.0M
Q2 25
$46.9M
Q1 25
$-106.8M
Q4 24
$94.5M
Q3 24
$67.0M
Q2 24
$29.8M
FCF Margin
OII
OII
SOLS
SOLS
Q1 26
-11.1%
Q4 25
28.5%
Q3 25
10.4%
4.2%
Q2 25
6.7%
Q1 25
-15.8%
Q4 24
13.2%
Q3 24
9.9%
Q2 24
4.5%
Capex Intensity
OII
OII
SOLS
SOLS
Q1 26
2.5%
Q4 25
4.6%
Q3 25
3.3%
25.6%
Q2 25
4.3%
Q1 25
3.9%
Q4 24
4.7%
Q3 24
3.7%
Q2 24
3.4%
Cash Conversion
OII
OII
SOLS
SOLS
Q1 26
Q4 25
1.24×
Q3 25
1.42×
Q2 25
1.42×
Q1 25
-1.60×
Q4 24
2.29×
Q3 24
2.23×
Q2 24
1.50×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OII
OII

Segment breakdown not available.

SOLS
SOLS

Refrigerants$400.0M41%
Research And Performance Chemicals$126.0M13%
Electronic Materials$103.0M11%
Other$89.0M9%
Services$64.0M7%
Alternative Energy Services$63.0M7%
Safety And Defense Solutions$53.0M5%
Healthcare Packaging$49.0M5%
Affiliated Entity$22.0M2%

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