SEACOR Marine Holdings Inc. (SMHI) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -15.13M | -12.2M | -10.66M | -2.08M | -11.47M | 8.53M | 626K | -12.25M | -7.17M | -1.48M | 7.1M | 3.88M | -552K | -2.03M | -6.74M | -6.22M | 1.11M | 4.03M | -4.59M | 12.91M |
| Operating CF Margin % | -34.17% | -23.31% | -18.01% | -3.42% | -20.66% | 12.22% | 0.91% | -17.53% | -11.42% | -1.92% | 9.39% | 5.68% | -0.9% | -3.51% | -11.27% | -11.51% | 2.45% | 8.4% | -10.52% | 30.17% |
| Operating CF Growth % | -31.98% | -243.05% | -1802.72% | 83.04% | -59.94% | 675.05% | -91.18% | -415.4% | -1198.73% | 27.09% | 205.37% | 162.45% | -149.51% | -150.48% | -46.62% | -148.16% | 131.44% | 983.55% | -403.84% | 207.33% |
| Net Income | -15.8M | -14.62M | 8.99M | -6.73M | -15.49M | -26.23M | -16.35M | -12.48M | -23.07M | 5.73M | -883K | -4.57M | -9.59M | -13.34M | -24.35M | -19.12M | -14.84M | -15.85M | -5.83M | 48.8M |
| Depreciation & Amortization | 10.33M | 10.04M | 12.13M | 12.09M | 13.08M | 12.88M | 12.93M | 12.94M | 15.1M | 13.02M | 13.46M | 13.57M | 13.76M | 13.62M | 13.75M | 14.21M | 14.37M | 14.2M | 14.31M | 14.09M |
| Stock-Based Compensation | 1.38M | 1.63M | 1.56M | 1.51M | 1.63M | 1.62M | 1.6M | 1.59M | 1.65M | 1.51M | 1.54M | 1.72M | 1.23M | 1.96M | 1.23M | 1.08M | 1.07M | 1.24M | 1.29M | 1.78M |
| Deferred Taxes | -482K | -1.23M | 2.28M | -1.98M | 0 | -4.77M | -3.28M | -3.79M | 0 | 2.64M | -960K | -5.08M | -1.66M | 957K | 6.08M | -3.41M | -3.53M | -2.78M | -2.71M | 14.4M |
| Other Non-Cash Items | -7.64M | -8.47M | -30.08M | -14.09M | -14.34M | 16.54M | 2.78M | 3.2M | -3.85M | -15.19M | 1.9M | 6.12M | -1.21M | -11.6M | 2.87M | 2.11M | -6.41M | -1.2M | -8.01M | -85.18M |
| Working Capital Changes | -2.92M | 446K | -5.54M | 7.12M | 3.65M | 8.48M | 2.94M | -13.7M | 3M | -9.2M | -7.96M | -7.88M | -3.08M | 6.37M | -6.32M | -1.09M | 10.45M | 8.41M | -3.65M | 19.02M |
| Change in Receivables | -5.74M | 12.22M | -6.7M | 284K | 5.33M | 5.45M | -7.41M | -6.93M | 4.29M | -3.47M | -747K | -3.14M | -9.86M | 2.3M | -2.38M | -4.47M | 3.9M | -1.16M | -3.8M | 16.05M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.76M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 4.12M | -10.25M | 0 | 4.93M | 0 | 0 | 9.32M | -4.38M | 0 | -6.46M | 0 | -5.76M | 6.73M | 769K | -4.9M | 0 | 0 | 7.92M | 0 | 0 |
| Cash from Investing | 6.69M | 4.66M | 66.72M | 21.38M | -12.32M | 19.43M | 2.12M | -572K | -3.42M | 33.05M | -1.46M | 5.39M | 12.14M | 4.87M | 45.94M | 1.53M | 5.47M | -3.17M | 6.71M | 28.82M |
| Capital Expenditures | -6.09M | -8.43M | -9.35M | -10.21M | -20.8M | -3.01M | -210K | -658K | -3.42M | -3.64M | -6.46M | -35K | -470K | -185K | -240K | -17K | -20K | -443K | -2.91M | -926K |
| CapEx % of Revenue | 13.75% | 16.1% | 15.79% | 16.79% | 37.47% | 4.31% | 0.3% | 0.94% | 5.44% | 4.73% | 8.54% | 0.05% | 0.77% | 0.32% | 0.4% | 0.03% | 0.04% | 0.92% | 6.66% | 2.16% |
| Acquisitions | 12.78M | 13.09M | 0 | 31.59M | 0 | 0 | 2.33M | 86K | 0 | 36.69M | 0 | 427K | 7.61M | 53K | 66M | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 76.07M | 0 | 8.47M | 22.44M | 0 | 0 | 0 | 0 | 5M | 5M | 5M | 5M | -85.82M | 1.55M | 5.49M | -630K | 9.62M | 29.75M |
| Cash from Financing | -9.24M | -7.56M | 595K | -13.18M | -6.92M | 10.32M | -7.74M | -6.48M | -11.39M | -6.07M | 9.44M | -9.38M | -10.98M | -10.6M | -14.3M | -9.31M | -7.89M | -5.99M | -7.06M | -57.55M |
| Debt Issued (Net) | -7.5M | -7.5M | 595K | 597K | -5.01M | 13.99M | -7.77M | -6.53M | -7.54M | -135.86M | 11.27M | -9.69M | -8.72M | -7.47M | -14.3M | -9.27M | -7.36M | -5.21M | -7.06M | -56.8M |
| Equity Issued (Net) | 0 | 0 | 0 | -13.76M | -1.52M | 0 | 38K | 102K | -3.85M | 24K | 0 | -102K | -2.27M | -10K | 0 | 3K | 7K | 1K | 0 | 2K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | -13.76M | -1.52M | 0 | 0 | 0 | -3.85M | 0 | 0 | -102K | -2.27M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1.74M | -56K | 0 | -15K | -396K | -3.67M | -10K | -48K | 0 | 129.77M | -1.83M | 409K | 6K | -3.12M | 0 | -52K | -539K | -785K | 0 | -755K |
| Net Change in Cash | -17.68M | -15.09M | 56.65M | 6.13M | -30.71M | 38.28M | -5M | -19.3M | -21.97M | 25.5M | 15.09M | -106K | 607K | -7.76M | 24.91M | -14.01M | -1.31M | -5.13M | -4.95M | -20.46M |
| Free Cash Flow | -21.22M | -20.63M | -20.01M | -12.29M | -32.26M | 5.52M | 416K | -12.9M | -10.59M | -5.13M | 644K | 3.85M | -1.02M | -2.22M | -6.98M | -6.24M | 1.09M | 3.59M | -7.5M | 11.99M |
| FCF Margin % | -47.92% | -39.42% | -33.8% | -20.21% | -58.13% | 7.9% | 0.6% | -18.47% | -16.86% | -6.65% | 0.85% | 5.63% | -1.67% | -3.83% | -11.67% | -11.54% | 2.4% | 7.48% | -17.19% | 28.01% |
| FCF Growth % | 34.22% | -473.79% | -4909.38% | 4.77% | -204.78% | 207.63% | -35.4% | -435.37% | -935.71% | -131.05% | 109.23% | 161.72% | -193.33% | -161.88% | 7.04% | -152.02% | 117.46% | -2.45% | -23.48% | 158.3% |
| FCF per Share | -0.82 | -0.79 | -0.77 | -0.48 | -1.16 | 0.20 | 0.01 | -0.47 | -0.39 | -0.18 | 0.02 | 0.14 | -0.04 | -0.08 | -0.26 | -0.23 | 0.04 | 0.14 | -0.29 | 0.42 |
| FCF Conversion (FCF/Net Income) | 0.96x | 0.83x | -1.19x | 0.31x | 0.74x | -0.33x | -0.04x | 0.98x | 0.31x | -0.26x | -8.04x | -0.85x | 0.06x | 0.15x | 0.28x | 0.33x | -0.08x | -0.25x | 0.79x | 0.26x |
| Interest Paid | 0 | 0 | 7.18M | 0 | 10.94M | 13.68M | 0 | 0 | 6.06M | 0 | 6.75M | 8.34M | 5.96M | 0 | 0 | 7.24M | 3.1M | 0 | 3.49M | 7.35M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 575K | 0 | 0 | 0 | 0 | 1.17M | 110K | 446K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |