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SEACOR Marine Announces Second Quarter 2026 Results And Strategic Alternatives Review

$SMHIPress releaseJul 29, 2026, 4:21 PM ETRead the release

SEACOR Marine reported Q2 2026 revenue of $54.6 million, a 10.2% decrease from the prior year, but swung to a net income of $3.3 million compared to a net loss of $6.7 million in Q2 2025. The profitability improvement was driven by a 162% increase in operating income to $16.0 million and $31.3 million in gains from the sale of five vessels.

Key figures

Eps
0.12
Revenue
54600000
Revenue Yoy
-10.2%
Dvp
7900000
Day rate
20227
Dvp margin
14.5%
Net income
3300000
Utilization
68%
Asset sale gains
31300000
Operating income
16000000
Asset sale proceeds
44700000

AI analysis

Red flags3 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.