Seacor Marine

Q2 FY2026 EarningsQ2 FY26 operating revenue reached $54.6M, down 10.2% YoY but up 23.4% QoQ. The company returned to profitability with a net income of $3.3M ($0.12 diluted EPS), significantly aided by $31.3M in asset disposition gains. Fleet utilization improved sequentially to 68% with average day rates rising to $20,227. The Board has formally initiated a review of strategic alternatives, including a potential sale of the company.