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Side-by-side financial comparison of OCEANEERING INTERNATIONAL INC (OII) and TRUPANION, INC. (TRUP). Click either name above to swap in a different company.
OCEANEERING INTERNATIONAL INC is the larger business by last-quarter revenue ($692.4M vs $376.9M, roughly 1.8× TRUPANION, INC.). On growth, TRUPANION, INC. posted the faster year-over-year revenue change (11.7% vs 3.6%). TRUPANION, INC. produced more free cash flow last quarter ($25.3M vs $-76.5M). Over the past eight quarters, TRUPANION, INC.'s revenue compounded faster (11.0% CAGR vs 1.8%).
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.
TRUPANION, INC.TRUPEarnings & Financial Report
Trupanion, Inc. is a pet insurance provider headquartered in Seattle, Washington. Established in 1998, Trupanion operates across the United States, Canada, Australia, and Puerto Rico. The company offers coverage for pets and is self-underwritten by the American Pet Insurance Company (APIC).
OII vs TRUP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $692.4M | $376.9M |
| Net Profit | $36.1M | — |
| Gross Margin | — | 17.3% |
| Operating Margin | — | 1.9% |
| Net Margin | 5.2% | — |
| Revenue YoY | 3.6% | 11.7% |
| Net Profit YoY | -28.3% | — |
| EPS (diluted) | $0.36 | $0.13 |
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 | $376.9M | ||
| Q3 25 | $742.9M | $366.9M | ||
| Q2 25 | $698.2M | $353.6M | ||
| Q1 25 | $674.5M | $342.0M | ||
| Q4 24 | $713.5M | $337.3M | ||
| Q3 24 | $679.8M | $327.5M | ||
| Q2 24 | $668.8M | $314.8M |
| Q1 26 | $36.1M | — | ||
| Q4 25 | $177.7M | — | ||
| Q3 25 | $71.3M | — | ||
| Q2 25 | $54.4M | — | ||
| Q1 25 | $50.4M | — | ||
| Q4 24 | $56.1M | — | ||
| Q3 24 | $41.2M | — | ||
| Q2 24 | $35.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 19.8% | 17.3% | ||
| Q3 25 | 20.6% | 16.4% | ||
| Q2 25 | 21.3% | 15.5% | ||
| Q1 25 | 20.0% | 14.9% | ||
| Q4 24 | 19.9% | 15.7% | ||
| Q3 24 | 19.3% | 15.1% | ||
| Q2 24 | 18.0% | 12.8% |
| Q1 26 | — | — | ||
| Q4 25 | 9.8% | 1.9% | ||
| Q3 25 | 11.6% | 1.6% | ||
| Q2 25 | 11.3% | 0.7% | ||
| Q1 25 | 10.9% | -0.4% | ||
| Q4 24 | 10.9% | 0.1% | ||
| Q3 24 | 10.5% | 0.5% | ||
| Q2 24 | 9.0% | -1.7% |
| Q1 26 | 5.2% | — | ||
| Q4 25 | 26.6% | — | ||
| Q3 25 | 9.6% | — | ||
| Q2 25 | 7.8% | — | ||
| Q1 25 | 7.5% | — | ||
| Q4 24 | 7.9% | — | ||
| Q3 24 | 6.1% | — | ||
| Q2 24 | 5.2% | — |
| Q1 26 | $0.36 | — | ||
| Q4 25 | $1.75 | $0.13 | ||
| Q3 25 | $0.71 | $0.13 | ||
| Q2 25 | $0.54 | $0.22 | ||
| Q1 25 | $0.49 | $-0.03 | ||
| Q4 24 | $0.55 | $0.04 | ||
| Q3 24 | $0.40 | $0.03 | ||
| Q2 24 | $0.34 | $-0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $370.7M |
| Total DebtLower is stronger | $488.8M | $101.8M |
| Stockholders' EquityBook value | $1.1B | $383.9M |
| Total Assets | $2.6B | $915.0M |
| Debt / EquityLower = less leverage | 0.44× | 0.27× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $695.9M | $370.7M | ||
| Q3 25 | $7.0M | $348.5M | ||
| Q2 25 | $7.0M | $319.6M | ||
| Q1 25 | $7.0M | $321.8M | ||
| Q4 24 | $504.5M | $307.4M | ||
| Q3 24 | — | $293.1M | ||
| Q2 24 | — | $277.2M |
| Q1 26 | $488.8M | — | ||
| Q4 25 | $487.4M | $101.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $482.0M | $127.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $383.9M | ||
| Q3 25 | $907.7M | $368.6M | ||
| Q2 25 | $842.1M | $355.5M | ||
| Q1 25 | $773.1M | $333.7M | ||
| Q4 24 | $714.3M | $323.3M | ||
| Q3 24 | $698.0M | $320.2M | ||
| Q2 24 | $651.0M | $305.8M |
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.7B | $915.0M | ||
| Q3 25 | $2.5B | $880.2M | ||
| Q2 25 | $2.3B | $847.8M | ||
| Q1 25 | $2.3B | $837.2M | ||
| Q4 24 | $2.3B | $806.9M | ||
| Q3 24 | $2.4B | $816.1M | ||
| Q2 24 | $2.3B | $795.9M |
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.46× | 0.27× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.67× | 0.39× | ||
| 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 | — | $29.3M |
| Free Cash FlowOCF − Capex | $-76.5M | $25.3M |
| FCF MarginFCF / Revenue | -11.1% | 6.7% |
| Capex IntensityCapex / Revenue | 2.5% | 1.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $238.1M | $75.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $221.1M | $29.3M | ||
| Q3 25 | $101.3M | $29.2M | ||
| Q2 25 | $77.2M | $15.0M | ||
| Q1 25 | $-80.7M | $16.0M | ||
| Q4 24 | $128.4M | $23.7M | ||
| Q3 24 | $91.9M | $15.3M | ||
| Q2 24 | $52.6M | $6.9M |
| Q1 26 | $-76.5M | — | ||
| Q4 25 | $190.7M | $25.3M | ||
| Q3 25 | $77.0M | $23.9M | ||
| Q2 25 | $46.9M | $12.0M | ||
| Q1 25 | $-106.8M | $14.0M | ||
| Q4 24 | $94.5M | $21.8M | ||
| Q3 24 | $67.0M | $13.4M | ||
| Q2 24 | $29.8M | $4.0M |
| Q1 26 | -11.1% | — | ||
| Q4 25 | 28.5% | 6.7% | ||
| Q3 25 | 10.4% | 6.5% | ||
| Q2 25 | 6.7% | 3.4% | ||
| Q1 25 | -15.8% | 4.1% | ||
| Q4 24 | 13.2% | 6.5% | ||
| Q3 24 | 9.9% | 4.1% | ||
| Q2 24 | 4.5% | 1.3% |
| Q1 26 | 2.5% | — | ||
| Q4 25 | 4.6% | 1.0% | ||
| Q3 25 | 3.3% | 1.4% | ||
| Q2 25 | 4.3% | 0.8% | ||
| Q1 25 | 3.9% | 0.6% | ||
| Q4 24 | 4.7% | 0.6% | ||
| Q3 24 | 3.7% | 0.6% | ||
| Q2 24 | 3.4% | 0.9% |
| 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
Segment breakdown not available.
TRUP
| Subscriptionbusiness | $261.4M | 69% |
| Other | $115.4M | 31% |
