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 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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