HMR revenueFY2025$55.85M
- FY YoY
- +92.9%
HMR revenue was $55.85M for fiscal 2025 (ended Dec 31, 2025), up 92.9% from fiscal 2024. It rose in 2 of the last 3 fiscal years.
Heidmar Maritime Holdings Corp. (HMR) financials
For fiscal 2025 (ended Dec 31, 2025), Heidmar Maritime Holdings Corp. reported $55.85M of revenue and -$22.56M of net income.
- Revenue, FY2025
- $55.85M
- Revenue growth, YoY
- +92.9%
- Net income, FY2025
- -$22.56M
- Net margin
- -40.4%
- Free cash flow, FY2025
- $13.20M
- EPS, diluted, FY2025
- -$0.39
- Cash
- $18.65M
- P/S
- 1.40
- Market cap
- $78.5M
FY2022FY2025
FY2022FY2025
FY2023FY2025
HMR revenue and earnings growth
HMR net incomeFY2025-$22.56M
HMR net income was -$22.56M for fiscal 2025 (ended Dec 31, 2025), compared with $1.91M in fiscal 2024.
HMR EPSFY2025-$0.39
HMR diluted EPS was -$0.39 for fiscal 2025 (ended Dec 31, 2025), compared with $0.03 in fiscal 2024.
HMR free cash flowFY2025$13.20M
- FY YoY
- +103.4%
HMR free cash flow was $13.20M for fiscal 2025 (ended Dec 31, 2025), up 103.4% from fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue | $55.85M | $28.95M | $49.10M | $30.06M |
| Selling, general and admin | $19.26M | $12.90M | $10.10M | $5.06M |
| Operating income | -$4.88M | $4.09M | $19.64M | $16.92M |
| Income tax | $0 | $0 | $0 | $0 |
| Net income | -$22.56M | $1.91M | $19.55M | $16.18M |
| EPS, basic | -$0.39 | $0.03 | $0.34 | $168551.55 |
| EPS, diluted | -$0.39 | $0.03 | $0.34 | $168551.55 |
| Diluted shares | 58.3M | 57.1M | 57.1M | 96 |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Cash and equivalents | $18.65M | $20.03M | $18.93M | $25.21M |
| Receivables | $1.24M | - | - | - |
| Inventory | $2.5K | $612.2K | $1.20M | - |
| Current assets | $27.38M | $30.25M | $32.98M | - |
| Goodwill | $344.2K | $344.2K | - | - |
| Total assets | $72.14M | $38.12M | $47.27M | - |
| Current liabilities | $29.23M | $19.64M | $25.13M | - |
| Total liabilities | $61.43M | $19.91M | $30.86M | - |
| Shareholders' equity | $10.71M | $18.22M | $16.41M | $21.79M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | $13.21M | $6.76M | $12.02M | $14.65M |
| Capital expenditures | $930 | $268.4K | $9.1K | - |
| Free cash flow | $13.20M | $6.49M | $12.02M | - |
| Investing cash flow | -$5.34M | -$4.03M | -$9.1K | $24.2K |
| Financing cash flow | -$9.17M | -$1.53M | -$18.36M | $2.97M |
| Dividends paid | $8.00M | - | $25.00M | - |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue growth, YoY | 92.9% | -41.0% | 63.3% | - |
| Net income growth, YoY | - | -90.2% | 20.8% | - |
| EPS growth, YoY | - | -91.2% | - | - |
| Operating margin | -8.7% | 14.1% | 40.0% | 56.3% |
| Net margin | -40.4% | 6.6% | 39.8% | 53.8% |
| Free cash flow margin | 23.6% | 22.4% | 24.5% | - |
| Return on equity | -210.7% | 10.5% | 119.2% | 74.3% |
| Return on assets | -31.3% | 5.0% | 41.4% | - |
| Current ratio | 0.94 | 1.54 | 1.31 | - |
Source: XBRL data Heidmar Maritime Holdings Corp. files with the SEC, latest filing dated Apr 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
HMR peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| HMR | $55.85M | +92.9% | -$22.56M | -40.4% | $78.5M |
| GD | $56.52B | +9.7% | $4.66B | 8.2% | $97.84B |
| RCL | $19.13B | +9.7% | $4.55B | 23.8% | $90.13B |
| CCL | $27.59B | +5.2% | $3.14B | 11.4% | $41.43B |
| VIK | $6.50B | +21.9% | $1.15B | 17.7% | $38.86B |
| BIP | $23.10B | +9.8% | $2.53B | 11.0% | $18.16B |
| HII | $13.53B | +12.6% | $733.00M | 5.4% | $11.99B |
| FRO | $1.97B | -8.8% | $379.08M | 19.2% | $9.86B |
| NCLH | $10.16B | +4.9% | $832.94M | 8.2% | $8.46B |
HMR FAQ
8 questionsWhat is HMR revenue?
Heidmar Maritime Holdings Corp. (HMR) reported $55.85M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 92.9% from the year before.Is HMR profitable?
No. Heidmar Maritime Holdings Corp. reported a net loss of $22.56M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does HMR have?
Heidmar Maritime Holdings Corp. reported $18.65M in cash and cash equivalents on its most recent balance sheet in SEC filings.How fast is HMR revenue growing?
Heidmar Maritime Holdings Corp.'s revenue changed +92.9% in fiscal 2025, to $55.85M.What is HMR free cash flow?
Heidmar Maritime Holdings Corp. generated $13.20M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $13.21M less capital expenditures.What is HMR earnings per share?
Diluted earnings per share were -$0.39 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did HMR last report financial results?
The latest statements here come from Heidmar Maritime Holdings Corp.'s 20-F filed on Apr 30, 2026, covering the period ended Dec 31, 2025.Where does this HMR financial data come from?
Quantisnow builds these statements from the structured XBRL data Heidmar Maritime Holdings Corp. files with the SEC. It is provided for information only and is not investment advice.