SBM Offshore N.V.

SBM Offshore N.V. Earnings Recaps

SBMO.AS Energy 1 recap
Next earnings: February 18, 2027 (estimated) · full calendar
Q2 2026 Aug 9, 2026

SBM Offshore’s shares rose 3.3% following a solid earnings report highlighted by raised 2026 revenue and EBITDA guidance, underpinned by strong order intake and continued execution efficiency.

Key takeaways
  • Directional revenue increased to $4.9 billion and directional EBITDA reached $1.3 billion in H1 2026.
  • Raised full-year 2026 directional revenue guidance to ~$7.6 billion and EBITDA guidance to ~$1.9 billion.
  • Secured major FPSO awards (SEAP I & II) and FEED contract for ExxonMobil Guyana’s Longtail project, reinforcing backlog quality and competitive position.
  • Fast4Ward standardized hull program continues to drive execution efficiency and risk mitigation, with two hulls now under construction supporting future tenders.
  • Market outlook remains positive, with over 40 potential FPSO awards globally in the next three years concentrated in the Atlantic Basin and an increasing role for gas processing in designs.
Full recap

Go deeper on SBMO.AS and the wider market.

All earnings recaps Browse the latest results across the market. Stock directory Browse companies by sector and market. Highest-yield stocks A curated screen of top dividend payers. Investing glossary Plain-English definitions for every metric.