Earnings summaries and quarterly performance for SEACOR Marine Holdings.
Executive leadership at SEACOR Marine Holdings.
Board of directors at SEACOR Marine Holdings.
Research analysts covering SEACOR Marine Holdings.
Recent press releases and 8-K filings for SMHI.
SEACOR Marine Holdings Announces Fourth Quarter 2025 Results
SMHI
Earnings
Demand Weakening
New Projects/Investments
- SEACOR Marine Holdings Inc. reported consolidated operating revenues of $52.3 million for the fourth quarter of 2025, a 25.0% decrease from Q4 2024 and an 11.6% decrease from Q3 2025. The company posted a net loss of $14.6 million , or $0.57 loss per basic and diluted share , compared to a net loss of $26.2 million in Q4 2024 and net income of $9.0 million in Q3 2025.
- Direct vessel profit (DVP) for Q4 2025 was $9.7 million , with a DVP margin of 18.5%. Average day rates decreased by 7.3% from Q4 2024 to $17,519, while fleet utilization was 69%.
- During Q4 2025, the company completed the sale of a platform supply vessel for $13.4 million, realizing an $8.1 million gain. Cost streamlining efforts led to $1.2 million in one-time severance charges, with expected annualized savings of $3.9 million in SG&A expenses.
- SEACOR Marine's contracted revenue backlog at year-end 2025 exceeded $500.0 million , and the company anticipates the delivery of two newbuild PSVs in Q4 2026 and Q1 2027.
2 days ago
SEACOR Marine Holdings Inc. Announces Fourth Quarter and Full Year 2025 Results
SMHI
Earnings
New Projects/Investments
Share Buyback
- SEACOR Marine Holdings Inc. reported consolidated operating revenues of $52.3 million and a net loss of $14.6 million ($0.57 loss per basic and diluted share) for the fourth quarter of 2025.
- For the full year 2025, the company recorded total revenue of $227.8 million and a net loss of $27.8 million, with an Adjusted EBITDA of ($2.6 million).
- Operational metrics for Q4 2025 included average day rates of $17,519 and 69% utilization.
- The company completed the sale of non-core assets in FY 2025, generating approximately $130.3 million in proceeds and a $63.4 million gain, and also completed a share repurchase of 9.1% of outstanding shares for approximately $12.9 million.
- SEACOR Marine's newbuild PSV program is fully funded, and its contracted revenue backlog stands in excess of $500 million (including options) as of December 31, 2025.
2 days ago
SEACOR Marine Holdings Reports Q4 and Full-Year 2025 Results
SMHI
Earnings
Share Buyback
New Projects/Investments
- For FY 2025, SEACOR Marine Holdings reported Total Revenue of $227.8 million, a 16.0% decrease from FY 2024, and a Net Loss of $27.8 million.
- The company completed the sale of non-core assets for approximately $130.3 million in proceeds, resulting in a $63.4 million gain in FY 2025.
- A share repurchase of 9.1% of outstanding shares was completed for approximately $12.9 million, and cost reduction initiatives in Q4 2025 are projected to yield annualized recurring savings of at least $3.9 million.
- SMHI's contracted revenue backlog (including options) stood at over $500 million as of December 31, 2025, and the company is progressing with a newbuild program for two PSVs with a total investment of $82.0 million.
- The Net Debt position improved to $245.8 million as of FYE 2025, a reduction from $273.9 million at FYE 2024.
2 days ago
SEACOR Marine Holdings Inc. Announces Third Quarter 2025 Results
SMHI
Earnings
New Projects/Investments
Demand Weakening
- SEACOR Marine Holdings Inc. reported net income of $9.0 million ($0.35 per basic and diluted share) for the third quarter of 2025, a significant improvement from net losses of $16.3 million in Q3 2024 and $6.7 million in Q2 2025.
- Consolidated operating revenues for Q3 2025 were $59.2 million, representing a 14.1% decrease from Q3 2024 and a 2.7% decrease from Q2 2025. This decline was primarily attributed to lower utilization in the premium liftboat fleet and soft market conditions in the North Sea.
- Average day rates increased 3.2% year-over-year to $19,490 in Q3 2025, though overall fleet utilization decreased to 66%.
- During Q3 2025, the Company completed the sale of two liftboats for $76.0 million in total proceeds, resulting in a $30.5 million gain. This action supports a strategic shift away from high volatility markets and will fund a newbuild PSV program.
- The Company secured multi-year contracts in Brazil for two large hybrid-powered PSVs, with contract commencement in Q1 2026, which will reduce its presence in the North Sea.
Oct 29, 2025, 8:37 PM
SEACOR Marine Holdings Inc. Announces Third Quarter 2025 Results
SMHI
Earnings
New Projects/Investments
M&A
- SEACOR Marine Holdings Inc. (SMHI) reported net income of $9.0 million and $0.35 earnings per basic and diluted share for the third quarter of 2025, a significant improvement compared to a net loss of $16.3 million ($0.59 loss per share) in Q3 2024 and a net loss of $6.7 million ($0.26 loss per share) in Q2 2025.
- Consolidated operating revenues for Q3 2025 were $59.2 million, marking a 14.1% decrease from Q3 2024 and a 2.7% decrease from Q2 2025.
- Average day rates for Q3 2025 were $19,490, representing a 3.2% increase from Q3 2024, while fleet utilization decreased to 66%.
- The company completed the sale of two liftboats during Q3 2025 for total proceeds of $76.0 million, resulting in a $30.5 million gain. This disposition is part of a strategic shift away from high volatility markets.
- SMHI secured multi-year contracts in Brazil for two large hybrid-powered PSVs, with contract commencement expected in Q1 2026, which will reduce its North Sea PSV presence.
Oct 29, 2025, 8:31 PM
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