Oceaneinger International Inc filed its 10-Q with the SEC, and its figures are now in our data. Revenue over the twelve months to Q3 2026 was $2.9 billion, a 3.0% rise on the year before. That growth rate was down 0.8 percentage points from a quarter earlier.
What stands out in the filings
Net income rose 42.7% over the year while free cash flow rose 158.0%, indicating reported profit and cash are moving at different speeds.
Profitability
The trailing gross margin was 19.9%. The trailing operating margin was 10.4%, down 0.8 percentage points from a year earlier, while the trailing net margin stood at 11.4%. Net income over the twelve months was $331.4 million, up 42.7% on the year before.
Where the cash went
The cash flow statement shows growth. Operating cash flow over the twelve months was $380.3 million, up 68.2% on the year before. Capital spending was $92.1 million, or 3.2% of revenue. Free cash flow, operating cash flow less capital spending, was $288.1 million, up 158.0% on the year before. The free-cash-flow margin was 9.9%, up 5.9 percentage points from a year earlier.
Share count
The average diluted share count fell 0.9% over the year.
How today compares
In the context of past results, today’s free-cash-flow margin of 9.9% is higher than 82% of the company’s own past quarterly readings, which have ranged from −4.7% to 15.1%. Today’s operating margin of 10.4% is higher than 58% of past readings (−35.7% to 17.2%). Today’s twelve-month revenue growth rate of 3.0% is higher than 37% of past readings (−26.9% to 26.9%).
What it means for our valuation
These trends feed directly into what the shares are worth in our model. In our model, growth 5 percentage points lower would lower the value by 24.1%, and 5 percentage points higher would raise it by 31.6%. A free-cash-flow margin 1 percentage point lower would lower it by 8.8%.
Next to watch
The next filing will show whether the trends above continue, slow or reverse.
