United Maritime Corporation (USEA) Revenue History
Annual and quarterly revenue from 2020 to 2024
Compound Annual Growth Rate (CAGR)
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USEA Revenue Growth
Revenue Breakdown (FY 2022)
USEA's revenue distribution by segment and geography for fiscal year 2022
By Product/Segment
USEA Revenue Analysis (2020–2024)
As of May 8, 2026, United Maritime Corporation (USEA) generated trailing twelve-month (TTM) revenue of $42.0 million, reflecting moderate decline in growth of -5.2% year-over-year. The most recent quarter (Q3 2025) recorded $11.0 million in revenue, down 12.1% sequentially.
Looking at the longer-term picture, USEA's historical revenue data shows a 3-year CAGR of +83.2%. The company achieved its highest annual revenue of $45.4 million in 2024, representing a new all-time high.
Revenue diversification analysis shows USEA's business is primarily driven by Spot Charter (100%). With over half of revenue concentrated in Spot Charter, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including SBLK (-17.6% YoY), NMM (-1.3% YoY), and SB (-13.7% YoY), USEA has underperformed the peer group in terms of revenue growth. Compare USEA vs SBLK →
USEA Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| USEACurrent | $42M | -5.2% | - | 10.6% | |
 SBLK | $1.0B | -17.6% | +8.5% | 13.5% | |
 NMM | $1.3B | -1.3% | +43.5% | 33.6% | |
 SB | $308M | -13.7% | +9.2% | 36.4% | |
 SHIP | $158M | -7.5% | +20.1% | 26.0% | |
 GNK | $342M | +30336.5% | -0.8% | 2.7% |
USEA Historical Revenue Data (2020–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $45.4M | +26.0% | $23.9M | 52.6% | $4.8M | 10.6% |
| 2023 | $36.1M | +58.3% | $3.3M | 9.0% | $7.1M | 19.6% |
| 2022 | $22.8M | +208.1% | $10.5M | 45.9% | $40.5M | 177.8% |
| 2021 | $7.4M | +79.3% | $3.9M | 52.3% | $2.9M | 39.4% |
| 2020 | $4.1M | - | $941K | 22.8% | $301K | 7.3% |
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Start ComparisonUSEA — Frequently Asked Questions
Quick answers to the most common questions about buying USEA stock.
Is USEA's revenue growth accelerating or slowing?
USEA revenue declined -5.2% year-over-year, contrasting with the 5-year CAGR of N/A. TTM revenue fell to $42M. This reverses the prior growth trend.
What is USEA's long-term revenue growth rate?
United Maritime Corporation's 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of -5.2% is below this long-term average.
How is USEA's revenue distributed by segment?
USEA reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2024 are available for download. Segment mix reveals concentration and diversification trends.