SEACOR Marine Holdings (SMHI) Operating Expenses (2016 - 2026)
SEACOR Marine Holdings (SMHI) recorded quarterly Operating Expenses of $58.1 million in Q1 2026, down 11.56% quarter-over-quarter from $65.7 million in Q4 2025, and up 38.59% on a YoY basis from $41.9 million in Q1 2025.
SEACOR Marine Holdings (SMHI) Operating Expenses (2016 - 2026) Analysis & Trends
SEACOR Marine Holdings' Operating Expenses history runs 9 years deep, the most recent figure standing at $58.1 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 38.59% year-over-year to $58.1 million; the TTM figure through Mar 2026 stood at $269.1 million (up 12.34% YoY), while the FY2025 annual figure was $277.5 million, down 6.01% from the prior year.
- Operating Expenses was $58.1 million for Q1 2026 at SEACOR Marine Holdings, down from $65.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $149.0 million in Q4 2023 to a low of -$31.3 million in Q4 2022.
- Historically, Operating Expenses has averaged $58.7 million across 5 years, with a median of $65.7 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses sank 150.04% in 2022, then surged 575.45% in 2023.
- A 5-year view of Operating Expenses shows it stood at -$31.3 million in 2022, then soared by 575.45% to $149.0 million in 2023, then sank by 52.46% to $70.8 million in 2024, then fell by 7.25% to $65.7 million in 2025, then declined by 11.56% to $58.1 million in 2026.
- The last three Operating Expenses figures came in at $58.1 million (Q1 2026), $65.7 million (Q4 2025), and $71.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 6.31 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 722.10 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 696.40 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -24.49 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 223.85 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -403.80 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | -42.16 Mn |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | -23.83 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | 8.85 Mn |
| 10 | SEACOR Marine Holdings | 189.52 Mn | 151.12 Mn | 6.71 Mn | 58.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 58.11 Mn |
| Dec 31, 2025 | 65.70 Mn |
| Sep 30, 2025 | 71.36 Mn |
| Jun 30, 2025 | 73.91 Mn |
| Mar 31, 2025 | 41.93 Mn |
| Dec 31, 2024 | 70.84 Mn |
| Sep 30, 2024 | 52.91 Mn |
| Jun 30, 2024 | 73.83 Mn |
| Mar 31, 2024 | 48.10 Mn |
| Dec 31, 2023 | 149.02 Mn |
| Sep 30, 2023 | 66.56 Mn |
| Jun 30, 2023 | 65.71 Mn |
| Mar 31, 2023 | 38.51 Mn |
| Dec 31, 2022 | -31.34 Mn |
| Sep 30, 2022 | 68.91 Mn |
| Jun 30, 2022 | 44.15 Mn |
| Mar 31, 2022 | 39.50 Mn |
| Dec 31, 2021 | 62.64 Mn |
| Sep 30, 2021 | 58.00 Mn |
| Jun 30, 2021 | 32.62 Mn |