Subsea 7 provides subsea construction, engineering, and installation services to the offshore energy sector. The company installs pipelines, flowlines, and subsea equipment for oil, gas, and increasingly offshore wind developments using a specialized fleet of construction vessels and remotely operated vehicles. Clients include international oil companies and renewable energy developers requiring complex underwater infrastructure.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 1,529.4 | — | 19.1 | -30.3% |
| Q2 2025 | 1,755.8 | — | 133.9 | 124.4% |
| Q3 2025 | 1,839.5 | — | 112.9 | 13.9% |
| Q4 2025 | 1,961.5 | — | 145.4 | 309.9% |
| Q1 2026 | 1,789.3 | 17% | 100.7 | 427.2% |
| Q2 2026 | 1,927.4 | 9.8% | 253.9 | 89.6% |
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