SEACOR Marine Holdings Inc. (SMHI)

SEACOR Marine Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	227.83	271.36	279.51	217.33	170.94
Revenue Growth (YoY)	-16.04%	-2.92%	28.61%	27.13%	20.52%
Cost of Revenue	182.98	198.93	162.4	175.85	133.49
Gross Profit	44.86	72.43	117.11	41.47	37.45
Selling, General & Admin	47.48	44.71	49.18	40.91	37.64
Operating Expenses	94.55	96.34	103	96.87	95.03
Operating Income	-49.7	-23.91	14.11	-55.4	-57.58
Interest Expense	-36.05	-40.63	-37.5	-29.71	-28.11
Interest & Investment Income	1.86	1.77	1.44	0.78	1.3
Earnings From Equity Investments	1.73	2.31	3.56	7.01	15.08
Currency Exchange Gain (Loss)	-3.14	-1.05	-2.13	1.66	-1.24
Other Non Operating Income (Expenses)	-0.03	-0.79	0.61	0.76	0.38
EBT Excluding Unusual Items	-85.33	-62.3	-19.92	-74.89	-70.17
Gain (Loss) on Sale of Investments	-	-	-	-	9.44
Gain (Loss) on Sale of Assets	63.41	17.2	21.1	3.9	20.44
Asset Writedown	-	-3.72	0.31	-2.5	-
Other Unusual Items	-	-31.92	-2	10.43	61.99
Pretax Income	-17.33	-80.74	-0.52	-63.07	21.71
Income Tax Expense	10.51	-2.62	8.8	8.58	11.49
Earnings From Continuing Operations	-27.84	-78.12	-9.31	-71.65	10.21
Earnings From Discontinued Operations	-	-	-	-	22.93
Net Income to Company	-27.84	-78.12	-9.31	-71.65	33.14
Minority Interest in Earnings	-	-	-	-0	-0
Net Income	-27.84	-78.12	-9.31	-71.65	33.14
Net Income to Common	-27.84	-78.12	-9.31	-71.65	33.14
Shares Outstanding (Basic)	26	28	27	27	25
Shares Outstanding (Diluted)	26	28	27	27	25
Shares Change (YoY)	-5.18%	2.11%	1.71%	4.44%	2.86%
EPS (Basic)	-1.06	-2.82	-0.34	-2.69	1.30
EPS (Diluted)	-1.06	-2.82	-0.34	-2.69	1.30
Free Cash Flow	-85.18	-17.56	-1.66	-15.08	2.25
Free Cash Flow Per Share	-3.25	-0.64	-0.06	-0.57	0.09
Gross Margin	19.69%	26.69%	41.90%	19.08%	21.91%
Operating Margin	-21.81%	-8.81%	5.05%	-25.49%	-33.69%
Profit Margin	-12.22%	-28.79%	-3.33%	-32.97%	19.38%
Free Cash Flow Margin	-37.39%	-6.47%	-0.59%	-6.94%	1.32%
EBITDA	-2.63	27.72	67.93	0.56	-0.19
EBITDA Margin	-1.15%	10.21%	24.30%	0.26%	-0.11%
D&A For EBITDA	47.07	51.63	53.82	55.96	57.4
EBIT	-49.7	-23.91	14.11	-55.4	-57.58
EBIT Margin	-21.81%	-8.81%	5.05%	-25.49%	-33.69%
Effective Tax Rate	-	-	-	-	52.95%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q