vs
Side-by-side financial comparison of OIL STATES INTERNATIONAL, INC (OIS) and ONESPAWORLD HOLDINGS Ltd (OSW). Click either name above to swap in a different company.
ONESPAWORLD HOLDINGS Ltd is the larger business by last-quarter revenue ($242.1M vs $178.5M, roughly 1.4× OIL STATES INTERNATIONAL, INC). ONESPAWORLD HOLDINGS Ltd runs the higher net margin — 5.0% vs -65.7%, a 70.7% gap on every dollar of revenue. On growth, ONESPAWORLD HOLDINGS Ltd posted the faster year-over-year revenue change (11.5% vs 8.4%). OIL STATES INTERNATIONAL, INC produced more free cash flow last quarter ($47.1M vs $14.9M). Over the past eight quarters, ONESPAWORLD HOLDINGS Ltd's revenue compounded faster (7.1% CAGR vs 3.3%).
Oil States International, Inc. is an American multinational corporation. It focuses on providing services to oil and gas companies. It is a public company listed on the New York Stock Exchange.
OIS vs OSW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $178.5M | $242.1M |
| Net Profit | $-117.2M | $12.1M |
| Gross Margin | 10.9% | — |
| Operating Margin | -63.7% | 6.8% |
| Net Margin | -65.7% | 5.0% |
| Revenue YoY | 8.4% | 11.5% |
| Net Profit YoY | -873.2% | -16.2% |
| EPS (diluted) | $-1.99 | $0.12 |
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.
| Q4 25 | $178.5M | $242.1M | ||
| Q3 25 | $165.2M | $258.5M | ||
| Q2 25 | $165.4M | $240.7M | ||
| Q1 25 | $159.9M | $219.6M | ||
| Q4 24 | $164.6M | $217.2M | ||
| Q3 24 | $174.3M | $241.7M | ||
| Q2 24 | $186.4M | $224.9M | ||
| Q1 24 | $167.3M | $211.2M |
| Q4 25 | $-117.2M | $12.1M | ||
| Q3 25 | $1.9M | $24.3M | ||
| Q2 25 | $2.8M | $19.9M | ||
| Q1 25 | $3.2M | $15.3M | ||
| Q4 24 | $15.2M | $14.4M | ||
| Q3 24 | $-14.3M | $21.6M | ||
| Q2 24 | $1.3M | $15.8M | ||
| Q1 24 | $-13.4M | $21.2M |
| Q4 25 | 10.9% | — | ||
| Q3 25 | 22.1% | — | ||
| Q2 25 | 24.2% | — | ||
| Q1 25 | 23.3% | — | ||
| Q4 24 | 23.7% | — | ||
| Q3 24 | 21.7% | — | ||
| Q2 24 | 23.8% | — | ||
| Q1 24 | 21.1% | — |
| Q4 25 | -63.7% | 6.8% | ||
| Q3 25 | 2.9% | 10.2% | ||
| Q2 25 | 3.2% | 9.2% | ||
| Q1 25 | 3.5% | 7.7% | ||
| Q4 24 | 11.2% | 7.9% | ||
| Q3 24 | -6.3% | 10.3% | ||
| Q2 24 | 1.1% | 8.4% | ||
| Q1 24 | -6.7% | 8.0% |
| Q4 25 | -65.7% | 5.0% | ||
| Q3 25 | 1.2% | 9.4% | ||
| Q2 25 | 1.7% | 8.3% | ||
| Q1 25 | 2.0% | 7.0% | ||
| Q4 24 | 9.2% | 6.6% | ||
| Q3 24 | -8.2% | 8.9% | ||
| Q2 24 | 0.7% | 7.0% | ||
| Q1 24 | -8.0% | 10.0% |
| Q4 25 | $-1.99 | $0.12 | ||
| Q3 25 | $0.03 | $0.23 | ||
| Q2 25 | $0.05 | $0.19 | ||
| Q1 25 | $0.05 | $0.15 | ||
| Q4 24 | $0.24 | $0.13 | ||
| Q3 24 | $-0.23 | $0.20 | ||
| Q2 24 | $0.02 | $0.15 | ||
| Q1 24 | $-0.21 | $0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $69.9M | $16.3M |
| Total DebtLower is stronger | $1.7M | $84.0M |
| Stockholders' EquityBook value | $573.2M | $542.6M |
| Total Assets | $883.4M | $707.1M |
| Debt / EquityLower = less leverage | 0.00× | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $69.9M | $16.3M | ||
| Q3 25 | $67.1M | $29.6M | ||
| Q2 25 | $53.9M | $35.0M | ||
| Q1 25 | $66.8M | $22.6M | ||
| Q4 24 | $65.4M | $57.4M | ||
| Q3 24 | $46.0M | $48.8M | ||
| Q2 24 | $25.2M | $62.5M | ||
| Q1 24 | $24.1M | $65.4M |
| Q4 25 | $1.7M | $84.0M | ||
| Q3 25 | $1.9M | $85.2M | ||
| Q2 25 | $1.9M | $96.2M | ||
| Q1 25 | $124.7M | $97.4M | ||
| Q4 24 | $124.7M | $98.6M | ||
| Q3 24 | $124.6M | $98.7M | ||
| Q2 24 | $124.3M | $123.8M | ||
| Q1 24 | $135.6M | $138.6M |
| Q4 25 | $573.2M | $542.6M | ||
| Q3 25 | $689.0M | $552.8M | ||
| Q2 25 | $690.6M | $548.3M | ||
| Q1 25 | $683.4M | $530.6M | ||
| Q4 24 | $680.7M | $554.5M | ||
| Q3 24 | $684.8M | $540.1M | ||
| Q2 24 | $690.4M | $532.7M | ||
| Q1 24 | $692.3M | $515.5M |
| Q4 25 | $883.4M | $707.1M | ||
| Q3 25 | $1.0B | $732.6M | ||
| Q2 25 | $993.7M | $731.8M | ||
| Q1 25 | $990.7M | $708.7M | ||
| Q4 24 | $1.0B | $746.4M | ||
| Q3 24 | $994.1M | $734.0M | ||
| Q2 24 | $1.0B | $756.8M | ||
| Q1 24 | $1.0B | $763.6M |
| Q4 25 | 0.00× | 0.15× | ||
| Q3 25 | 0.00× | 0.15× | ||
| Q2 25 | 0.00× | 0.18× | ||
| Q1 25 | 0.18× | 0.18× | ||
| Q4 24 | 0.18× | 0.18× | ||
| Q3 24 | 0.18× | 0.18× | ||
| Q2 24 | 0.18× | 0.23× | ||
| Q1 24 | 0.20× | 0.27× |
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 | $50.1M | $20.0M |
| Free Cash FlowOCF − Capex | $47.1M | $14.9M |
| FCF MarginFCF / Revenue | 26.4% | 6.2% |
| Capex IntensityCapex / Revenue | 1.7% | 2.1% |
| Cash ConversionOCF / Net Profit | — | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | $73.9M | $68.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $50.1M | $20.0M | ||
| Q3 25 | $30.7M | $33.2M | ||
| Q2 25 | $15.0M | $20.3M | ||
| Q1 25 | $9.3M | $10.1M | ||
| Q4 24 | $18.2M | $16.6M | ||
| Q3 24 | $28.8M | $28.6M | ||
| Q2 24 | $10.2M | $18.7M | ||
| Q1 24 | $-11.4M | $15.0M |
| Q4 25 | $47.1M | $14.9M | ||
| Q3 25 | $22.0M | $27.6M | ||
| Q2 25 | $4.7M | $17.6M | ||
| Q1 25 | $137.0K | $8.4M | ||
| Q4 24 | $4.0M | $13.2M | ||
| Q3 24 | $21.4M | $27.5M | ||
| Q2 24 | $4.5M | $17.6M | ||
| Q1 24 | $-21.5M | $13.7M |
| Q4 25 | 26.4% | 6.2% | ||
| Q3 25 | 13.3% | 10.7% | ||
| Q2 25 | 2.8% | 7.3% | ||
| Q1 25 | 0.1% | 3.8% | ||
| Q4 24 | 2.4% | 6.1% | ||
| Q3 24 | 12.3% | 11.4% | ||
| Q2 24 | 2.4% | 7.8% | ||
| Q1 24 | -12.8% | 6.5% |
| Q4 25 | 1.7% | 2.1% | ||
| Q3 25 | 5.3% | 2.2% | ||
| Q2 25 | 6.2% | 1.1% | ||
| Q1 25 | 5.7% | 0.8% | ||
| Q4 24 | 8.6% | 1.5% | ||
| Q3 24 | 4.3% | 0.5% | ||
| Q2 24 | 3.1% | 0.5% | ||
| Q1 24 | 6.0% | 0.6% |
| Q4 25 | — | 1.65× | ||
| Q3 25 | 16.15× | 1.36× | ||
| Q2 25 | 5.33× | 1.02× | ||
| Q1 25 | 2.94× | 0.66× | ||
| Q4 24 | 1.20× | 1.15× | ||
| Q3 24 | — | 1.33× | ||
| Q2 24 | 7.87× | 1.19× | ||
| Q1 24 | — | 0.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OIS
| Project Driven | $112.6M | 63% |
| Downhole Technologies | $32.1M | 18% |
| Completion And Production Services | $23.1M | 13% |
| Military And Other Products | $10.7M | 6% |
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
