Subsea 7 S.A. (OSL:SUBC)
Norway · Delayed Price · Currency is NOK 338.00
-4.20 (-1.23%)
Aug 21, 2026, 4:25 PM CET
Subsea 7 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 7,518 | 7,086 | 6,837 | 5,974 | 5,136 | 5,010 | |
Revenue Growth | 7.58% | 3.65% | 14.45% | 16.31% | 2.51% | 44.53% |
Cost of Revenue | 6,136 | 5,981 | 6,110 | 5,540 | 4,792 | 4,705 |
Gross Profit | 1,382 | 1,106 | 726.7 | 433.7 | 343.7 | 304.7 |
Selling, General & Admin | 308.4 | 298.6 | 259.7 | 229.4 | 214.4 | 197.2 |
Other Operating Expenses | - | - | - | - | 0.1 | - |
Operating Expenses | 349.6 | 339.8 | 297.2 | 266.1 | 248.9 | 231.5 |
Operating Income | 1,032 | 765.8 | 429.5 | 167.6 | 94.8 | 73.2 |
Interest Expense | -75 | -75.2 | -99.2 | -71.2 | -24.3 | -20.1 |
Interest & Investment Income | 42.9 | 22.8 | 24.4 | 25.2 | 9 | 4.7 |
Earnings From Equity Investments | 34 | 36.3 | 38 | 8.2 | -3 | 3.9 |
Currency Exchange Gain (Loss) | -109.3 | -84.3 | - | 20.4 | -7.4 | 37.1 |
Other Non Operating Income (Expenses) | -12.7 | -12.9 | -1.6 | 0.4 | 6.1 | 2.1 |
EBT Excluding Unusual Items | 911.8 | 652.5 | 391.1 | 150.6 | 75.2 | 100.9 |
Impairment of Goodwill | -17.6 | -17.6 | -6.2 | - | - | - |
Gain (Loss) on Sale of Investments | -0.2 | -0.2 | - | - | - | -1.1 |
Gain (Loss) on Sale of Assets | - | - | - | -0.2 | 0.3 | 3 |
Asset Writedown | -13.6 | -13.6 | -15.8 | -70.9 | 57 | -5.4 |
Other Unusual Items | 0.7 | 0.7 | -0.9 | 0.5 | 3.8 | 3.3 |
Pretax Income | 881.1 | 621.8 | 368.2 | 80 | 136.3 | 100.7 |
Income Tax Expense | 273.6 | 217.6 | 151.6 | 70 | 99.9 | 64.3 |
Earnings From Continuing Operations | 607.5 | 404.2 | 216.6 | 10 | 36.4 | 36.4 |
Minority Interest in Earnings | 5.5 | 7.2 | -15.2 | 5.4 | 20.7 | -4.6 |
Net Income | 613 | 411.4 | 201.4 | 15.4 | 57.1 | 31.8 |
Net Income to Common | 613 | 411.4 | 201.4 | 15.4 | 57.1 | 31.8 |
Net Income Growth | 128.48% | 104.27% | 1207.79% | -73.03% | 79.56% | - |
Shares Outstanding (Basic) | 296 | 296 | 298 | 298 | 292 | 298 |
Shares Outstanding (Diluted) | 298 | 298 | 300 | 299 | 293 | 299 |
Shares Change | 0.10% | -0.68% | 0.21% | 2.10% | -1.87% | 0.31% |
EPS (Basic) | 2.07 | 1.39 | 0.68 | 0.05 | 0.20 | 0.11 |
EPS (Diluted) | 2.06 | 1.38 | 0.67 | 0.05 | 0.19 | 0.11 |
EPS Growth | 131.46% | 105.97% | 1240.00% | -73.68% | 77.79% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,650 | 1,190 | 582.7 | 78.8 | 254.8 | 126.5 |
Free Cash Flow Per Share | 5.53 | 4.00 | 1.94 | 0.26 | 0.87 | 0.42 |
Dividend Per Share | 1.290 | 1.290 | 1.144 | 0.592 | 0.102 | 0.114 |
Dividend Growth | 12.70% | 12.70% | 93.39% | 482.94% | -10.58% | - |
Gross Margin | 18.38% | 15.60% | 10.63% | 7.26% | 6.69% | 6.08% |
Operating Margin | 13.73% | 10.81% | 6.28% | 2.81% | 1.85% | 1.46% |
Profit Margin | 8.15% | 5.81% | 2.95% | 0.26% | 1.11% | 0.64% |
Free Cash Flow Margin | 21.95% | 16.79% | 8.52% | 1.32% | 4.96% | 2.53% |
EBITDA | 1,426 | 1,167 | 814.5 | 527.9 | 449.1 | 425.4 |
EBITDA Margin | 18.97% | 16.47% | 11.91% | 8.84% | 8.74% | 8.49% |
D&A For EBITDA | 394.5 | 401.4 | 385 | 360.3 | 354.3 | 352.2 |
EBIT | 1,032 | 765.8 | 429.5 | 167.6 | 94.8 | 73.2 |
EBIT Margin | 13.73% | 10.81% | 6.28% | 2.81% | 1.85% | 1.46% |
Effective Tax Rate | 31.05% | 34.99% | 41.17% | 87.50% | 73.29% | 63.85% |