NASDAQ$USEA
United Maritime Corp · Q2 2026 earnings
Q2 2026 earnings · · Before market open · Investor relations
Briefing
United Maritime Corp reported Q2 2026 financial results on July 30, 2026, showing improved profitability driven by higher TCE rates despite fleet repositioning.
United Maritime generated net revenues of $10.0 million for the quarter ended June 30, 2026, with net income of $1.2 million and adjusted net income of $1.5 million. Adjusted EBITDA was $5.2 million and the fleet TCE rate reached $18,654 per day, up from $15,421 in Q2 2025. The company declared its 15th consecutive quarterly dividend of $0.10 per share.
- Net revenues of $10.0 million were broadly in line with Q2 2025 despite fewer ownership days from fleet repositioning.
- Net income rose to $1.2 million and adjusted EPS to $0.15, compared to $1.0 million and $0.02 a year earlier.
- Fleet TCE rate increased 21% year-over-year to $18,654 per day amid a strong dry bulk market.
- Cash and cash equivalents stood at $12.1 million as of June 30, 2026, with ongoing Capesize fleet expansion.
Headline financials
Revenue & EPS history
United Maritime · Revenue · Quarterly
$10M
Forward guidance
Company continues strategic repositioning into Capesize vessels to enhance earnings and cash flow.
Tailwinds
- Strong dry bulk market supporting higher TCE rates
- Liquidity generation from asset sales funding fleet growth
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 14 quarterly earnings reports
+0.0%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+5.0%
Avg return
30 days after
67%
10 / 15 earnings
Positive
+8.4%
Q4 2022
Best reaction
-12.8%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | +2.6% | +12.2% | +15.2% | |
| Q4 2025 | +3.0% | -2.5% | +3.4% | |
| Q3 2025 | +2.9% | +1.6% | +20.3% | |
| Q2 2025 | +0.8% | -1.3% | +5.7% | |
| Q1 2025 | +2.4% | -3.9% | +18.1% | |
| Q4 2024 | -12.8% | -20.2% | -36.7% | |
| Q3 2024 | -5.3% | -2.9% | -11.0% | |
| Q2 2024 | +0.8% | +0.8% | +5.6% | |
| Q1 2024 | +2.2% | -2.0% | -4.0% | |
| Q4 2023 | -9.5% | -4.9% | -1.1% | |
| Q3 2023 | +8.3% | +14.6% | +26.3% | |
| Q2 2023 | -3.1% | -1.2% | -7.2% | |
| Q1 2023 | -0.7% | +11.1% | +1.5% | |
| Q4 2022 | +8.4% | +12.1% | -1.7% | |
| Q3 2022 | +0.3% | +3.8% | +39.8% |
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