SEACOR Marine swings to $9.5 million Q3 net loss; revenue falls 3.3% from a year ago
SEACOR Marine reported a third quarter 2026 net loss of $9.5 million, or $0.36 per share, compared with net income of $9.0 million, or $0.35 per share, a year earlier. Revenue of $57.3 million was down 3.3% from the prior-year quarter but up 4.8% from the second quarter, and direct vessel profit rose to $18.9 million from $11.5 million. The Board's strategic review of alternatives, announced July 29, 2026, is ongoing with no timetable set.
Key points
- Q3 2026 revenue of $57.3 million, versus $59.2 million in Q3 2025 and $54.6 million in Q2 2026
- Operating loss of $1.4 million, compared with operating income of $18.1 million in Q3 2025
- Direct vessel profit of $18.9 million and DVP margin of 33.1%, versus $11.5 million and 19.4% a year earlier
- Strategic review of alternatives continues; the company has not set a timetable and will disclose developments only after a definitive agreement or if otherwise required
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.