"OMEX" · Odyssey Marine Exploration Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $5.75M | - | $1.38M | $3.81M | $1.79M | - | $1.73M | $2.20M | $4.03M | - |
| Total Operating Expenses | $6.43M | - | $2.19M | $4.51M | $2.36M | - | $3.08M | $3.23M | $4.92M | - |
| D&A | $17.9K | - | - | - | $20.5K | - | - | - | $19.2K | - |
| Operating Income | ($6.41M) | - | ($2.13M) | ($4.38M) | ($2.23M) | - | ($2.87M) | ($3.02M) | ($4.72M) | - |
| Interest Expense | $172.3K | - | $1.35M | $1.25M | $1.82M | - | $1.84M | $1.83M | $1.82M | - |
| Income Tax | $0 | - | $0 | $0 | $0 | - | $0 | $0 | $0 | - |
| Net Income | $347.3K | - | ($13.07M) | ($14.85M) | $2.24M | - | $18.69M | ($1.53M) | $3.50M | - |
| EPS - Basic | $0.01 | - | ($0.31) | ($0.48) | $0.08 | - | $0.90 | ($0.07) | $0.17 | - |
| EPS - Diluted | ($0.04) | - | ($0.31) | ($0.48) | $0.01 | - | $0.13 | ($0.07) | ($0.18) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.10M | $3.52M | $5.82M | $3.55M | $2.46M | $4.79M | $2.86M | $7.58M | $2.08M | $4.02M |
| Accounts Receivable | $49.9K | $67.3K | $67.3K | $67.3K | $67.3K | $285.8K | $84.1K | $75.6K | $59.1K | $110.3K |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $1.54M | $770.8K | $507.4K | $693.0K | $778.7K | $748.4K | $406.5K | $345.9K | $1.30M | $345.4K |
| Current Assets | $2.76M | $4.36M | $6.20M | $4.03M | $3.10M | $5.76M | $3.22M | $8.04M | $2.73M | $4.88M |
| Total Assets | $13.38M | $15.84M | $17.74M | $16.57M | $15.83M | $18.49M | $21.76M | $26.28M | $20.63M | $22.75M |
| Current Liabilities | $13.33M | $11.68M | $16.41M | $30.97M | $23.15M | $22.47M | $30.95M | $37.79M | $32.90M | $31.47M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $84.22M | $91.38M | $101.04M | $106.84M | $95.27M | $97.58M | $98.48M | $120.20M | $111.69M | $108.66M |
| Stockholders' Equity | ($32.78M) | ($37.65M) | ($45.40M) | ($52.81M) | ($13.95M) | ($16.24M) | ($16.06M) | ($35.71M) | ($35.05M) | ($32.48M) |
| Retained Earnings | ($323.18M) | ($323.52M) | ($306.12M) | ($293.05M) | ($278.20M) | ($280.44M) | ($275.44M) | ($294.13M) | ($292.60M) | ($296.10M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($3.83M) | - | - | - | ($1.96M) | - | - | - | ($1.67M) | - |
| Investing Cash Flow | - | - | - | - | $0 | - | - | - | ($103.9K) | - |
| Financing Cash Flow | $2.42M | - | - | - | ($376.9K) | - | - | - | ($170.5K) | - |
| CapEx | - | - | - | - | $0 | - | - | - | $103.9K | - |
| Free Cash Flow | - | - | - | - | ($1.96M) | - | - | - | ($1.77M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | -0.87 | - | - | - | -0.51 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 0.0% | - | - | - | 0.0% | - | 0.0% | - | 0.0% | - |
| Return on assets | 2.6% | - | -73.7% | -89.6% | 14.2% | - | 85.9% | -5.8% | 17.0% | - |
| Return on equity | -1.1% | - | 28.8% | 28.1% | -16.1% | - | -116.3% | 4.3% | -10.0% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.21 | 0.37 | 0.38 | 0.13 | 0.13 | 0.26 | 0.10 | 0.21 | 0.08 | 0.15 |
| Quick ratio | 0.21 | 0.37 | 0.38 | 0.13 | 0.13 | 0.26 | 0.10 | 0.21 | 0.08 | 0.15 |
| Cash ratio | 0.16 | 0.30 | 0.35 | 0.11 | 0.11 | 0.21 | 0.09 | 0.20 | 0.06 | 0.13 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -37.2x | - | -1.6x | -3.5x | -1.2x | - | -1.6x | -1.6x | -2.6x | - |
| Equity multiplier | -0.41 | -0.42 | -0.39 | -0.31 | -1.13 | -1.14 | -1.35 | -0.74 | -0.59 | -0.70 |
| Liabilities / Assets | 6.30 | 5.77 | 5.70 | 6.45 | 6.02 | 5.28 | 4.53 | 4.57 | 5.41 | 4.78 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -188.0% | - | 25.7% | -45.1% | 52.8% | - | - | 4.2% | -39.7% | - |
| Net income growth (YoY) | -84.5% | - | - | -872.3% | -35.9% | - | - | 73.3% | -78.9% | - |
| EPS growth (YoY) | - | - | - | -585.7% | - | - | - | 75.9% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | -10.3% | - | - | - | 49.2% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -135.0% | -131.8% | -182.7% | -47.9% | 60.2% | 50.0% | 35.4% | -119.5% | -218.1% | -0.4% |
Peer comparison
Same SIC group: Water Transportation
Comparing ODYSSEY MARINE EXPLORATION INC against the 5 most active filers in the same SIC group.