)
Eidesvik Offshore (EIOF) investor relations material
Eidesvik Offshore Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue was NOK 202.5m and EBITDA NOK 85.5m, with a 42.2% margin; fleet utilisation was 97% and technical uptime 100%.
No lost-time incidents occurred in Q3; two LTIs were recorded YTD.
Backlog including the share of JVs was NOK 2,844m; renewable projects represented 36% of fixed backlog.
Financial highlights
Q3 revenue was NOK 202.5m vs NOK 204.6m YoY; EBITDA was NOK 85.5m vs NOK 87.6m.
Operating result was NOK 45.1m vs NOK 41.0m; pre-tax result was NOK 66.5m vs NOK 44.9m, aided by positive currency effects.
YTD revenue was NOK 592.2m vs NOK 601.9m; EBITDA was NOK 214.6m vs NOK 236.2m, with margin at 36% vs 39%.
Q3 operating expenses were NOK 117.0m, flat YoY; personnel costs rose 7.7%, while other operating costs fell 18.5%.
Outlook and guidance
Viking Queen secured a firm one-well contract estimated at ~290 days, starting early 2027, with extension options; Viking Avant's firm period with Equinor runs through end-2027, with an option to extend.
Viking Vigor is expected to be delivered in Q1 2027; the Viking Energy ammonia-enabled dual-fuel retrofit with Equinor is progressing.
Forward contracting and improved rates for quality tonnage are emerging for 2027 and beyond; H2 2026 is more transitional than anticipated.
The Viking Reach sale is expected to generate a gain of NOK 75–80m in Q4 2026, with estimated net cash proceeds of NOK 185m.
- Q4 revenue rose 19%, with 96% utilization, NOK1,975m backlog and stronger adjusted earnings.EIOF
Q4 2023 - Strong utilization, new contracts, and green fleet renewal drive growth and value creation.EIOF
Pareto Securities' 33nd Annual Energy Conference presentation - Revenue up, margins down; strong contract wins and fleet renewal support positive outlook.EIOF
Q2 2026 - Revenue and EBITDA fell 7%, but profit after tax and cash position improved as market conditions strengthened.EIOF
Q1 2026 - Full-year profit and revenue rose despite Q4 supply segment weakness; outlook remains positive.EIOF
Q4 2025 - Record Q3 EBITDA, near-full utilisation, and robust backlog support strong financial results.EIOF
Q3 2024 - Record backlog, high utilization, and green vessel project drive strong Q2 performance.EIOF
Q2 2024 - Record revenue, EBITDA, and backlog achieved, but rising costs pressure margins.EIOF
Q1 2025 - Q4 earnings dipped from dockings, but annual revenue, margins, and backlog improved.EIOF
Q4 2024
Next Eidesvik Offshore earnings date
Next Eidesvik Offshore earnings date
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
)
)