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SEACOR Marine Announces Third Quarter 2026 Results

$SMHIPress releaseOct 28, 2026, 4:22 PM ET

SEACOR Marine reported Q3 2026 revenue of $57.3 million, down 3.3% year-over-year, with a net loss of $9.5 million ($0.36 per share) versus net income of $9.0 million a year ago. Underlying operating metrics improved: average day rates rose to $21,100, utilization hit 71%, and DVP margin expanded to 33.1% from 19.4% a year ago; adjusting for sold vessels, revenue grew 25.6% YoY.

Key figures

Revenue
57300000
Revenue Yoy
-3.3%
Dvp
18900000
Dvp margin
33.1%
Average day rate
21100
Fleet utilization
71%
Prior year revenue
59200000

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