Earnings ·
SEACOR Marine posts $0.36 loss per share in Q3 as operating income falls to $1.4 million
SMHISEACOR Marine Holdings Inc.
SEACOR Marine Holdings Inc. reported a net loss of $9.5 million, or $0.36 per diluted share, for the third quarter ended September 30, 2026, compared to net income of $9.0 million in the prior-year period. Consolidated operating revenues declined 3.3% to $57.3 million, while an operating loss of $1.4 million replaced the $18.1 million operating income recorded in Q3 2025. Direct vessel profit improved significantly to $18.9 million from $11.5 million a year ago, driven by higher average day rates of $21,100 and increased fleet utilization of 71%. The company continues its evaluation of strategic alternatives to maximize shareholder value. SEACOR Marine provides global marine and support transportation services to offshore energy facilities worldwide.