OIL STATES INTERNATIONAL, INC (OIS) Form 8-K — May 5, 2026
Oil States International reported Q1 2026 revenues of $145.4 million, a 9% decrease from the prior year, with net income of $1.1 million or $0.02 per share. Adjusted EBITDA was $16.7 million, though results included $4.1 million in restructuring and asset impairment charges related to exiting U.S. land-based operations. The company strengthened its balance sheet by retiring the remaining $52.7 million principal amount of its 4.75% convertible senior notes in early April using cash, revolving credit borrowings, and stock issuance.
Key figures
- Eps
- 0.02
- Revenue
- 145.4 million
- Net Income
- 1.1 million
- Total Debt
- 54.9 million
- Revenue Yoy
- -9%
- Cash Position
- 59.0 million
- Backlog
- 430 million
- Book To Bill
- 0.9x
- Adjusted EBITDA
- 16.7 million
- Debt Retired April
- 52.7 million
Price after filing
Close on the filing date to close N calendar days later (from $9.63). Historical, not a forecast.
AI analysis
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