For fiscal 2025 (ended Dec 31, 2025), Seanergy Maritime Holdings Corp. reported $158.10M of revenue and $21.24M of net income.
SHIP revenue was $158.10M for fiscal 2025 (ended Dec 31, 2025), down 5.6% from fiscal 2024. Compound annual growth was +20.1% over 5 years and +29.8% over 10 years. It rose in 5 of the last 10 fiscal years.
SHIP net income was $21.24M for fiscal 2025 (ended Dec 31, 2025), down 51.1% from fiscal 2024. It rose in 1 of the last 4 fiscal years.
SHIP diluted EPS was $1.01 for fiscal 2025 (ended Dec 31, 2025), down 52.1% from fiscal 2024.
SHIP free cash flow was $17.02M for fiscal 2025 (ended Dec 31, 2025), up 267.8% from fiscal 2024.
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $158.10M | $167.46M | $110.23M | $125.02M | $153.11M | $63.34M | $86.50M | $94.86M | $77.71M | $35.98M |
| Gross profit | - | - | - | - | - | - | - | $91.52M | $74.83M | $34.66M |
| Selling, general and admin | $20.46M | $23.97M | $22.15M | $17.41M | $13.74M | $6.61M | $5.99M | $6.50M | $5.08M | $4.13M |
| Operating income | $43.34M | $62.57M | $21.35M | $29.68M | $65.91M | -$268.0K | $12.04M | $4.28M | $2.80M | -$14.71M |
| Interest expense | $21.72M | $20.60M | $20.69M | $15.33M | $17.78M | $12.34M | $15.22M | $16.41M | $12.28M | $7.24M |
| Pre-tax income | - | $43.47M | $2.28M | $17.21M | $41.35M | -$18.36M | -$11.64M | -$21.04M | -$3.23M | -$24.59M |
| Income tax | - | $0 | $0 | -$28.0K | $0 | $0 | $54.0K | $16.0K | $0 | $34.0K |
| Net income | $21.24M | $43.47M | $2.28M | $17.24M | $41.35M | -$18.36M | -$11.70M | -$21.06M | -$3.23M | -$24.62M |
| EPS, basic | $1.02 | $2.12 | $0.12 | $0.97 | $2.70 | -$5.49 | -$122.10 | -$1343.90 | -$13.50 | -$179.70 |
| EPS, diluted | $1.01 | $2.11 | $0.12 | $0.96 | $2.50 | -$5.49 | -$122.10 | -$1343.90 | -$13.50 | -$12.00 |
| Diluted shares | 20.5M | 19.9M | 18.4M | 17.7M | 19.1M | 3.3M | 95,829.7 | 15,669.2 | 238,971.9 | 2.1M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $48.24M | $21.87M | $24.93M | $32.48M | $45.63M | $22.05M | $14.55M | $7.44M | $11.04M | $15.91M |
| Receivables | $871.0K | $404.0K | $896.0K | $720.0K | $0 | $801.0K | $1.76M | $2.65M | $3.63M | $2.78M |
| Inventory | $1.63M | $1.69M | $1.56M | $2.00M | $1.45M | $4.65M | $3.86M | $5.29M | $4.80M | $4.05M |
| Current assets | $74.89M | $45.90M | $25.09M | $61.64M | $47.18M | $30.55M | $21.93M | $16.88M | $19.50M | $22.33M |
| Total assets | $606.58M | $545.85M | $477.88M | $513.60M | $487.21M | $295.25M | $282.55M | $267.56M | $275.70M | $257.53M |
| Current liabilities | $88.06M | $61.62M | $69.52M | $94.65M | $88.03M | $30.76M | $237.28M | $36.26M | $34.46M | $21.23M |
| Short-term debt | $54.94M | $37.40M | $31.78M | $35.05M | $68.47M | - | - | $16.20M | $19.22M | $10.30M |
| Long-term debt | $235.22M | $220.19M | $179.01M | $196.82M | $146.70M | $14.52M | $12.02M | $11.12M | $175.81M | $198.50M |
| Total debt | $290.16M | $257.59M | $210.79M | $231.88M | $215.17M | $14.52M | $12.02M | $27.32M | $195.02M | $208.80M |
| Total liabilities | $325.20M | $283.67M | $249.43M | $291.90M | $242.74M | $199.55M | $252.69M | $246.26M | $234.39M | $226.70M |
| Shareholders' equity | $281.38M | $262.18M | $228.44M | $221.70M | $244.48M | $95.69M | $29.86M | $21.30M | $41.31M | $30.83M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $52.61M | $75.28M | $31.32M | $37.29M | $80.76M | -$9.73M | $13.11M | $5.72M | $2.78M | -$15.34M |
| Capital expenditures | $35.59M | $70.65M | $314.0K | $70.32M | $197.21M | $20.19M | $12.35M | $30.92M | $32.99M | $40.78M |
| Free cash flow | $17.02M | $4.63M | $31.01M | -$33.03M | -$116.45M | -$29.92M | $759.0K | -$25.20M | -$30.21M | -$56.12M |
| Investing cash flow | -$23.35M | -$79.37M | $17.75M | -$56.26M | -$184.62M | -$21.86M | -$12.35M | -$8.83M | -$32.99M | -$40.78M |
| Financing cash flow | -$1.52M | $14.08M | -$56.62M | $5.83M | $127.44M | $39.10M | $6.35M | -$491.0K | $25.34M | $68.67M |
| Dividends paid | $9.49M | $10.75M | $6.03M | $17.92M | $0 | $0 | - | - | - | - |
| Share repurchases | $0 | $4.85M | $1.68M | $0 | $1.71M | $0 | $0 | - | - | - |
| Stock-based compensation | $4.07M | $4.99M | $9.15M | $7.18M | $5.10M | $869.0K | $1.31M | $1.29M | $730.0K | $624.0K |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -5.6% | 51.9% | -11.8% | -18.3% | 141.7% | -26.8% | -8.8% | 22.1% | 116.0% | 208.6% |
| Net income growth, YoY | -51.1% | 1805.0% | -86.8% | -58.3% | - | - | - | - | - | - |
| EPS growth, YoY | -52.1% | 1658.3% | -87.5% | -61.6% | - | - | - | - | - | - |
| Gross margin | - | - | - | - | - | - | - | 96.5% | 96.3% | 96.3% |
| Operating margin | 27.4% | 37.4% | 19.4% | 23.7% | 43.0% | -0.4% | 13.9% | 4.5% | 3.6% | -40.9% |
| Net margin | 13.4% | 26.0% | 2.1% | 13.8% | 27.0% | -29.0% | -13.5% | -22.2% | -4.2% | -68.4% |
| Free cash flow margin | 10.8% | 2.8% | 28.1% | -26.4% | -76.1% | -47.2% | 0.9% | -26.6% | -38.9% | -156.0% |
| Return on equity | 7.5% | 16.6% | 1.0% | 7.8% | 16.9% | -19.2% | -39.2% | -98.8% | -7.8% | -79.9% |
| Return on assets | 3.5% | 8.0% | 0.5% | 3.4% | 8.5% | -6.2% | -4.1% | -7.9% | -1.2% | -9.6% |
| Current ratio | 0.85 | 0.74 | 0.36 | 0.65 | 0.54 | 0.99 | 0.09 | 0.47 | 0.57 | 1.05 |
| Debt to equity | 1.03 | 0.98 | 0.92 | 1.05 | 0.88 | 0.15 | 0.40 | 1.28 | 4.72 | 6.77 |
Source: XBRL data Seanergy Maritime Holdings Corp. files with the SEC, latest filing dated Mar 31, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures and share counts are restated for stock splits the filings show: 1-for-5, first reported Apr 20, 2016; 1-for-10, first reported Mar 31, 2023.
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.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| SHIP | $158.10M | -5.6% | $21.24M | 13.4% | $310.5M |
| DSX | $213.54M | -6.4% | $17.83M | 8.3% | $291.1M |
| GNK | $512.62M | +54.7% | $79.59M | 15.5% | $1.13B |
| SBLK | $1.04B | -17.6% | $84.17M | 8.1% | $3.02B |
| SB | - | - | $38.56M | - | $824.3M |
| PANL | $760.64M | +27.8% | $73.64M | 9.7% | $531.6M |