Odyssey Marine Exploration Inc income statement
In fiscal 2025, Odyssey Marine Exploration Inc reported revenue of $353,719, down 54.0% on the year before, operating income of −$13.4m (a -3797.1% margin) and net income of −$43.1m, or −$1.10 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 21 | 16 | 13 | 24 | 1 | 5 | 5 | 1 | 3 | 3 | 2 | 1 | 1 | 1 | 1 | 0 | 0 |
| Selling, general and administrative | 9 | 9 | 9 | 11 | 14 | 10 | 11 | 8 | 6 | 6 | 5 | 4 | 6 | 9 | 7 | 10 | 11 | 21 |
| Operating income | −18 | −16 | −15 | −16 | −17 | −28 | −22 | −11 | −8 | −6 | −10 | −13 | −15 | −18 | −10 | −12 | −13 | −23 |
| Interest expense | 0 | 1 | 1 | 6 | 4 | 2 | 5 | 2 | 3 | 3 | 5 | 7 | 11 | 2 | 5 | 7 | 5 | 2 |
| Income before tax | −19 | −23 | −16 | −18 | −14 | −29 | −21 | −9 | −11 | −9 | −15 | −21 | −16 | −30 | −4 | 6 | −48 | −31 |
| Income tax | — | — | — | — | 0 | −0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −19 | −23 | −16 | −18 | −11 | −26 | −18 | −6 | −8 | −5 | −10 | −15 | −10 | −22 | 5 | 16 | −43 | −31 |
| Diluted EPS | −$0.33 | −$4.32 | −$3.36 | −$3.00 | −$1.61 | −$3.74 | −$2.46 | −$0.84 | −$0.95 | −$0.60 | −$1.12 | −$1.41 | −$0.75 | −$1.28 | $0.27 | $0.07 | −$1.10 | — |
| Diluted shares (average) | — | 5m | 6m | 6m | 7m | 7m | 7m | 8m | 8m | 9m | 9m | 11m | 13m | 17m | 20m | 28m | 39m | — |
| EBITDA | −16 | −14 | −13 | −14 | −15 | −23 | −20 | −9 | −8 | −6 | −10 | −13 | −15 | −18 | −10 | −12 | −13 | −23 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, general and administrative | 2 | 2 | 4 | 1 | 4 | 6 | 7 | 4 |
| Operating income | −1 | −2 | −4 | −2 | −5 | −6 | −8 | −4 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Income before tax | −7 | −0 | −17 | −14 | −17 | 0 | −9 | −5 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −5 | 2 | −15 | −13 | −17 | 0 | −9 | −5 |
| Diluted EPS | $0.18 | $0.25 | −$12.00 | −$7.86 | $17.86 | −$1.00 | −$4.00 | −$1.98 |
| EBITDA | −1 | −2 | −4 | −2 | −5 | −6 | −8 | −4 |
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