Subsea 7 (OSL: SUBC) stock: the official figures
Subsea 7 (REACH SUBSEA ASA) is listed on the Oslo stock exchange under the ticker SUBC and belongs to the energy sector. In fiscal 2025 it reported revenue of NOK 2,675m and a net profit of NOK 108.1m, according to the annual accounts it filed with the regulator.
Identifiers for Subsea 7: ISIN LU0075646355 · LEI 5967007LIEEXZXK7FS45.
Fiscal 2025 figures
| Item | 2025 | 2024 | Change |
|---|---|---|---|
| Revenue | NOK 2,675m | NOK 2,717m | −1.6% |
| Operating profit | NOK 149.4m | NOK 363.8m | −58.9% |
| Net profit | NOK 108.1m | NOK 205.4m | −47.4% |
| Earnings per share | NOK 0.34 | NOK 0.78 | −56.4% |
| Operating margin | 5.6% | 13.4% | −7.8 pts |
| Net margin | 4.0% | 7.6% | −3.5 pts |
| Total assets | NOK 3,606m | NOK 3,248m | +11.0% |
| Equity | NOK 1,218m | NOK 1,092m | +11.6% |
| Cash | NOK 514.2m | NOK 278.0m | +84.9% |
| Operating cash flow | NOK 1,191m | NOK 867.5m | +37.3% |
Margins are calculated from the filed figures: operating profit and net profit over revenue.
6 fiscal years
| Fiscal year | Revenue | Operating profit | Net profit | Earnings per share | Document |
|---|---|---|---|---|---|
| 2025 | NOK 2,675m | NOK 149.4m | NOK 108.1m | NOK 0.34 | Annual report |
| 2024 | NOK 2,717m | NOK 363.8m | NOK 205.4m | NOK 0.78 | Annual report |
| 2023 | NOK 1,967m | NOK 331.8m | NOK 225.8m | NOK 0.89 | Annual report |
| 2022 | NOK 1,162m | NOK 105.3m | NOK 72.2m | NOK 35.00 | Annual report |
| 2021 | NOK 673.3m | NOK 79.1m | NOK 93.8m | NOK 0.65 | Annual report |
| 2020 | NOK 618.9m | NOK 51.3m | NOK 43.1m | NOK 0.31 | — |
The full income statement, balance sheet and cash flow statement are in the annual accounts of Subsea 7. Year by year: dividends paid.
Dividends
In fiscal 2025, Subsea 7 paid NOK 137.5m in dividends, 127.2% of its net profit, according to its cash flow statement.
| Fiscal year | Dividends paid | Share of net profit |
|---|---|---|
| 2025 | NOK 137.5m | 127.2% |
| 2024 | NOK 97.8m | 47.6% |
| 2023 | NOK 46.0m | 20.4% |
| 2022 | NOK 40.5m | 56.1% |
| 2021 | NOK 21.5m | 23.0% |
Cash paid out as dividends during the fiscal year, including dividends to minority shareholders of subsidiaries when the company does not report them separately. It is not the dividend per share.
Frequently asked questions about Subsea 7
- How much did Subsea 7 earn in fiscal 2025?
- Subsea 7 reported a net profit of NOK 108.1m for fiscal 2025, on revenue of NOK 2,675m. The year before it reported a net profit of NOK 205.4m.
- Does Subsea 7 pay a dividend?
- In fiscal 2025, Subsea 7 paid NOK 137.5m in dividends, 127.2% of its net profit, according to its cash flow statement.
- What are the earnings per share of Subsea 7?
- They were NOK 0.34 in fiscal 2025, compared with NOK 0.78 the year before.
- Where is Subsea 7 listed?
- Subsea 7 is listed on the Oslo stock exchange under the ticker SUBC and belongs to the energy sector.
- What is the ISIN of Subsea 7?
- The ISIN of Subsea 7 is LU0075646355, the international code that identifies its shares. Its LEI, the legal entity identifier, is 5967007LIEEXZXK7FS45.
- Where do the figures for Subsea 7 come from?
- From the report Subsea 7 files every year in the European single electronic format (ESEF), the one it files with the regulator of its home market. Each fiscal year links to its filing.
Where each figure comes from
The annual accounts come from the report Subsea 7 files every year in the European single electronic format (ESEF), the one it files with the regulator of its home market. Each fiscal year in the table links to its filing. Celsmar reads the tagged figures from the document and does not adjust them: if an item is not in the filing, it is not shown. More detail in data sources and, if you spot an error, in corrections. What Celsmar is and what it costs, in its fact sheet.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.