In this study we investigate the temperature dependence of oxygen isotope ratios preserved in calcite formed by the dinoflagellate Thoracosphaera heimii, focusing primarily on the development of a geological proxy. Geochemical analysis of the calcite shells produced by this species represents a valuable proxy for reconstructing environmental conditions in the intermediate photic zone. Calibration is based on isotopic analysis from culture experiments performed in very dilute batch conditions, as well as from near-monospecific T. heimii assemblages separated from core top sediments. Results are similar for both approaches and indicate that T. heimii shells have oxygen isotope compositions close to equilibrium values predicted for inorganic calcite precipitation. This calibration of the isotopic composition of dinoflagellate calcite indicates that monospecific assemblages of T. heimii can be used to unravel paleotemperatures in the intermediate photic zone by applying isotopic transfer functions for equilibrium calcite. In culture, however, a δ 18 O offset of À1‰ is observed at temperatures <17°C, which falls below the natural temperature range of this species. Culture analyses also reveal a relationship between temperature and carbon isotope composition of calcite. The mechanisms behind this relationship remain to be explored, but their identification may provide a better understanding of carbon isotope systematics from both biogeochemical and geological perspectives. Comparison of the oxygen isotope composition of T. heimii shells with that of shallower dwelling organisms, such as the coccolithophores, represents a valuable proxy for determining temperature gradients within the photic zone and may enable reconstruction of the evolution of the depth of the thermocline.