SEACOR Marine experienced a decline in consolidated operating revenues and fleet utilization in Q3 2025 compared to the previous year and quarter. However, the company reported a significant increase in net income and operating income, largely driven by a substantial gain from asset dispositions, specifically the sale of two liftboats.

SEACOR Marine Holdings Inc. reported a net loss of $15.489 million for Q1 2025, an improvement from the $23.069 million loss in Q1 2024. Total operating revenues were $55.499 million, down from $62.770 million in the prior year. The company's EPS was -$0.56. Strategic asset sales generated significant gains, and the company completed a debt refinancing.

SEACOR Marine reported consolidated operating revenues of $69.8 million for the fourth quarter of 2024, with an operating income of $10.6 million and a net loss of $26.2 million. This represents a significant improvement in operating performance compared to prior quarters of 2024, primarily due to increased fleet utilization and reduced out-of-service days for repairs and drydockings.

SEACOR Marine reported a decrease in operating revenues to $68.9 million and an operating loss of $6.5 million for the third quarter of 2024. The results reflect lower utilization due to maintenance schedules and softer demand, particularly in the U.S. Gulf of Mexico and North Sea markets. Net loss was $16.3 million, or $0.59 loss per basic and diluted share.

SEACOR Marine reported consolidated operating revenues of $69.9 million for Q2 2024, with an operating loss of $3.9 million and direct vessel profit of $20.3 million. The results reflect a decrease in operating income and DVP margin compared to the previous year, primarily due to increased drydocking and major repair expenses.

SEACOR Marine's first quarter 2024 saw a revenue increase of 2.6% compared to Q1 2023, but a decrease of 14.1% compared to Q4 2023. The company experienced an operating loss of $10.6 million and a net loss of $23.1 million, impacted by higher operating expenses due to scheduled maintenance and vessel repositioning.

SEACOR Marine reported consolidated operating revenues of $73.1 million, operating income of $22.6 million, and net income of $5.7 million for Q4 2023. The company saw a 26.2% increase in revenues compared to Q4 2022, with average day rates improving by 30.7% year-over-year. The company also completed the sales of a liftboat and a FSV during the fourth quarter, both considered non-core assets, generating total proceeds of $36.5 million and gains of $18.3 million.

SEACOR Marine's Q3 2023 results reflect a continued cyclical recovery with a meaningful improvement in average day rates and strong recovery in cash flows from operations. The company reported consolidated operating revenues of $75.6 million, operating income of $9.8 million, and a net loss of $0.9 million ($0.03 loss per share).

SEACOR Marine's second quarter 2023 results showed significant improvements compared to the previous year, with increased operating revenues, operating income, and direct vessel profit. The company experienced higher day rates and utilization, driven by its international business segments, while also making progress in Latin America. However, the U.S. business was hampered by low activity levels in the Gulf of Mexico and delays in offshore wind contracts.

SEACOR Marine announced its Q1 2023 results, demonstrating a 31.5% increase in revenues compared to Q1 2022. The company reported operating revenues of $60.0 million, operating income of $0.2 million, and a net loss of $9.6 million ($0.36 loss per share). Average utilization rate was 76%, and average day rates reached $14,314, the highest since Q4 2015.

SEACOR Marine Holdings Inc. reported consolidated operating revenues of $57.9 million for Q4 2022, with an operating loss of $10.5 million and a direct vessel profit of $13.6 million. The company achieved an average utilization rate of 76%, the highest for a fourth quarter since 2013. Despite a decrease in DVP due to higher maintenance expenses, the company extended the maturity of senior convertible debt and committed to upgrading an additional PSV to hybrid propulsion.

SEACOR Marine's consolidated operating revenues for the third quarter of 2022 were $59.8 million, operating loss was $10.9 million, and direct vessel profit (“DVP”) was $15.8 million. Average utilization rates of 79%, the highest since the fourth quarter of 2013. The company completed the sale of its joint ventures in Mexico for gross cash proceeds of $66.0 million and refinancing transactions extending the maturity of their main senior secured credit facility from the third quarter of 2023 to the first quarter of 2026.

SEACOR Marine's consolidated operating revenues for the second quarter of 2022 were $54.0 million, operating loss was $15.5 million, and direct vessel profit (“DVP”) was $9.9 million. Average utilization rates of 77%, the highest since the second quarter of 2014.

SEACOR Marine's consolidated operating revenues for Q1 2022 were $45.6 million, with an operating loss of $17.1 million, and direct vessel profit of $6.1 million. The company experienced a 25% improvement in revenues compared to Q1 2021, but also faced increased drydocking and major repairs expenses.

SEACOR Marine's Q4 2021 results showed improvement with increased utilization across all regions and asset classes, reaching 73%, the highest since Q3 2014. The company's consolidated operating revenues were $48.0 million, with an operating loss of $14.7 million and a direct vessel profit of $12.9 million. Net loss attributable to SEACOR Marine was $15.8 million ($0.62 loss per basic and diluted share).

SEACOR Marine's consolidated operating revenues from continuing operations for the third quarter of 2021 were $43.7 million, operating loss was $14.3 million, and direct vessel profit was $10.2 million.

SEACOR Marine's consolidated operating revenues for Q2 2021 were $42.8 million, operating income was $8.4 million, and net income attributable to SEACOR Marine was $48.8 million ($1.92 earnings per basic share and $1.79 earnings per diluted share).

SEACOR Marine reported consolidated operating revenues of $36.5 million, an operating loss of $16.6 million, and net income attributable to SEACOR Marine was $6.0 million, primarily due to a gain on the sale of Windcat.

SEACOR Marine Holdings Inc. reported consolidated operating revenues from continuing operations for the fourth quarter of 2020 were $36 million, operating loss was $16.9 million, and direct vessel profit (“DVP”) was $10.5 million. Net loss attributable to SEACOR Marine’s continuing operations was $38.9 million ($1.54 loss per basic and diluted share).

SEACOR Marine reported consolidated operating revenues of $45.7 million, an operating loss of $11.4 million, and direct vessel profit of $16.6 million for Q3 2020. The results were impacted by multiple hurricanes in the U.S. Gulf of Mexico, the COVID-19 pandemic, and volatility in oil prices.

SEACOR Marine reported operating revenues of $41.9 million, an operating loss of $16.7 million, and a net loss attributable to SEACOR Marine of $6.1 million ($0.24 loss per basic and diluted share).

SEACOR Marine's first quarter revenues were $41.7 million, operating loss was $24.6 million, and net loss attributable to SEACOR Marine Holdings Inc. was $15.9 million ($0.66 loss per basic and diluted share).

SEACOR Marine reported Q4 2019 results, with total operating revenues of $49.1 million and an operating loss of $10.5 million. The company completed the sale of the North Sea Standby Safety business and eight additional vessels, generating significant cash proceeds. Cost reduction initiatives resulted in $2.9 million in annualized recurring administrative and general savings.