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Side-by-side financial comparison of United Maritime Corp (USEA) and Viking Holdings Ltd (VIK). Click either name above to swap in a different company.

Viking Holdings Ltd is the larger business by last-quarter revenue ($4.0B vs $1.8M, roughly 2179.5× United Maritime Corp). United Maritime Corp runs the higher net margin — 59.6% vs 12.9%, a 46.7% gap on every dollar of revenue.

Navios Maritime Holdings Inc. is a multinational, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.

Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.

USEA vs VIK — Head-to-Head

Bigger by revenue
VIK
VIK
2179.5× larger
VIK
$4.0B
$1.8M
USEA
Higher net margin
USEA
USEA
46.7% more per $
USEA
59.6%
12.9%
VIK

Income Statement — Q3 2025 vs Q3 2025

Metric
USEA
USEA
VIK
VIK
Revenue
$1.8M
$4.0B
Net Profit
$1.1M
$514.0M
Gross Margin
73.4%
Operating Margin
15.2%
Net Margin
59.6%
12.9%
Revenue YoY
Net Profit YoY
35.4%
EPS (diluted)
$0.13
$1.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
USEA
USEA
VIK
VIK
Q3 25
$1.8M
$4.0B
Q2 25
$2.3B
Q1 25
$718.2M
Q3 24
$3.6B
Q2 24
$2.1B
Net Profit
USEA
USEA
VIK
VIK
Q3 25
$1.1M
$514.0M
Q2 25
$439.2M
Q1 25
$-105.5M
Q3 24
$379.7M
Q2 24
$159.8M
Gross Margin
USEA
USEA
VIK
VIK
Q3 25
73.4%
Q2 25
55.7%
Q1 25
17.3%
Q3 24
74.7%
Q2 24
57.8%
Operating Margin
USEA
USEA
VIK
VIK
Q3 25
15.2%
Q2 25
23.7%
Q1 25
-1.3%
Q3 24
13.6%
Q2 24
20.5%
Net Margin
USEA
USEA
VIK
VIK
Q3 25
59.6%
12.9%
Q2 25
19.1%
Q1 25
-14.7%
Q3 24
10.6%
Q2 24
7.7%
EPS (diluted)
USEA
USEA
VIK
VIK
Q3 25
$0.13
$1.15
Q2 25
$0.99
Q1 25
$-0.24
Q3 24
$0.87
Q2 24
$0.38

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
USEA
USEA
VIK
VIK
Cash + ST InvestmentsLiquidity on hand
$19.7M
$3.0B
Total DebtLower is stronger
$49.5M
Stockholders' EquityBook value
$57.5M
$803.5M
Total Assets
$144.2M
$11.5B
Debt / EquityLower = less leverage
0.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
USEA
USEA
VIK
VIK
Q3 25
$19.7M
$3.0B
Q2 25
$2.6B
Q1 25
$2.8B
Q3 24
$2.4B
Q2 24
$1.8B
Total Debt
USEA
USEA
VIK
VIK
Q3 25
$49.5M
Q2 25
Q1 25
Q3 24
Q2 24
Stockholders' Equity
USEA
USEA
VIK
VIK
Q3 25
$57.5M
$803.5M
Q2 25
$278.3M
Q1 25
$-267.5M
Q3 24
$-688.9M
Q2 24
$-1.1B
Total Assets
USEA
USEA
VIK
VIK
Q3 25
$144.2M
$11.5B
Q2 25
$11.1B
Q1 25
$10.7B
Q3 24
Q2 24
Debt / Equity
USEA
USEA
VIK
VIK
Q3 25
0.86×
Q2 25
Q1 25
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
USEA
USEA
VIK
VIK
Operating Cash FlowLast quarter
$-444.0K
$663.9M
Free Cash FlowOCF − Capex
$-477.0K
FCF MarginFCF / Revenue
-26.1%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
-0.41×
1.29×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
USEA
USEA
VIK
VIK
Q3 25
$-444.0K
$663.9M
Q2 25
$470.7M
Q1 25
$587.9M
Q3 24
$828.7M
Q2 24
$419.8M
Free Cash Flow
USEA
USEA
VIK
VIK
Q3 25
$-477.0K
Q2 25
Q1 25
Q3 24
Q2 24
FCF Margin
USEA
USEA
VIK
VIK
Q3 25
-26.1%
Q2 25
Q1 25
Q3 24
Q2 24
Capex Intensity
USEA
USEA
VIK
VIK
Q3 25
1.8%
Q2 25
Q1 25
Q3 24
Q2 24
Cash Conversion
USEA
USEA
VIK
VIK
Q3 25
-0.41×
1.29×
Q2 25
1.07×
Q1 25
Q3 24
2.18×
Q2 24
2.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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