Oil States International, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on October 30, 2026, reporting third-quarter net income of $3,116 thousand on revenues of $169,764 thousand.

Key Highlights

  • Quarterly revenue: Total revenues for the three months ended September 30, 2026 were $169,764 thousand, compared with $165,180 thousand in the same period of 2025, according to the filing.
  • Net income: The company reported net income of $3,116 thousand for Q3 2026, up from $1,900 thousand in Q3 2025, per the unaudited consolidated statements of operations.
  • Earnings per share: Basic and diluted net income per share were each $0.05 for the three months ended September 30, 2026, the filing disclosed.
  • Nine-month net income: For the nine months ended September 30, 2026, the company reported net income of $10,134 thousand, compared with $7,869 thousand for the same period in 2025.
  • Total assets: Total assets stood at $844,603 thousand as of September 30, 2026, down from $883,431 thousand as of December 31, 2025, per the consolidated balance sheet.
  • Stock repurchases: The filing shows treasury stock increased by $9,105 thousand during the nine months ended September 30, 2026, reflecting stock repurchases during that period.
  • Shares outstanding: As of October 23, 2026, the number of shares of common stock outstanding was 59,808,160, according to the cover page of the filing.

Oil States International Reports Q3 2026 Financial Results

Oil States International, Inc. (NYSE:OIS), headquartered in Houston, Texas, filed its quarterly report for the period ended September 30, 2026. According to the filing, total revenues for the third quarter of 2026 were $169,764 thousand, consisting of $109,845 thousand in product revenues and $59,919 thousand in service revenues. This compares to total revenues of $165,180 thousand in Q3 2025. Operating income for the third quarter of 2026 was $6,335 thousand, compared with $4,748 thousand in the same quarter of the prior year.

The filing reported that cost of revenues (exclusive of depreciation and amortization) for Q3 2026 was $130,074 thousand, and selling, general and administrative expense was $23,994 thousand. Depreciation and amortization expense was $8,046 thousand for the quarter, down from $12,128 thousand in Q3 2025. Interest expense, net, was $1,308 thousand for the three months ended September 30, 2026. Income before income taxes was $5,253 thousand, and the income tax provision was $2,137 thousand, resulting in net income of $3,116 thousand.

On the balance sheet as of September 30, 2026, the company reported cash and cash equivalents of $22,915 thousand, down from $69,914 thousand at December 31, 2025. Inventories, net, rose to $220,383 thousand from $183,409 thousand at year-end 2025. Total stockholders' equity was $583,581 thousand as of September 30, 2026. The filing also notes that during the nine months ended September 30, 2026, the company issued stock to extinguish its 4.75% convertible senior notes, with $5,876 thousand recorded in stockholders' equity related to that transaction.

What Was Disclosed

Oil States International filed its unaudited quarterly financial statements for the three and nine months ended September 30, 2026, disclosing revenues, operating income, net income, balance sheet positions, and stockholders' equity activity for those periods.