United Maritime posted a net income of $1.1 million for Q3 2025, reversing a net loss from the prior year. Revenues slightly declined year-over-year, but adjusted EBITDA rose. The company declared its 12th consecutive dividend and continued optimizing its fleet, including divesting older vessels and expanding investments in offshore and AI technology.
United Maritime Corporation reported a decrease in net revenues and a higher net loss for Q1 2025 compared to Q1 2024, primarily due to seasonally weak conditions in the dry bulk market. Despite the softer quarter, the company declared a quarterly dividend and increased its equity stake in an Energy Construction Vessel joint venture, signaling strategic diversification.
United Maritime generated $10.8 million in net revenues in Q4 2024, slightly down from the prior year. The company recorded a net loss of $1.8 million, with adjusted net loss at $0.7 million. Adjusted EBITDA increased to $5.1 million, supported by efficient fleet management and optimization efforts.