Filing Flows › Odyssey Marine Exploration (OMEX) › Q3 2026
Odyssey Marine Exploration (OMEX) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 2, 2026
Odyssey Marine Exploration (OMEX) reported revenue of $109K for the third quarter 2026 (Q3 2026), +79% from a year earlier and +40% from the quarter before.
Odyssey Marine Exploration, Q3 2026: revenue $109K (+79% year over year), net loss $4.6M, operating cash flow −$6.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $109K | +40% | +79% |
| Operating profit | −$4.4M | — | — |
| Net earnings | −$4.6M | — | — |
| Operating cash flow | −$6.0M | — | — |
What changed
Revenue was $109K in Q3 2026, up 79% year over year and up 40% from the previous quarter.
Operating costs exceeded revenue by $4.4M, an operating margin of -4005.7%. Total costs grew 104% against revenue growth of 79%. The fastest-growing cost line was SG&A (+184%). The quarter ended with a net loss of $4.6M, narrower than the previous quarter's $9.4M loss.
Operating cash flow was −$6.0M. Non-cash charges added back $18K of depreciation and $117K of share-based compensation. Working capital and other items used $1.5M.
Questions
What was Odyssey Marine Exploration's revenue in the third quarter 2026?
Odyssey Marine Exploration (OMEX) reported revenue of $109K for the third quarter 2026 (Q3 2026), +79% from a year earlier and +40% from the quarter before.