Subsea 7 S.A. (SUBCY) Stock Price & Analysis
Subsea 7 S.A. (SUBCY) — price $33.31 (-0.60%), as of the Oct 2, 2026 trading session; market cap $9.89B.
Educational signal · not a buy or sell recommendation · How to read this
Subsea 7 S.A. · SUBCY · Energy · Oil & Gas Equipment & Services
Research dated 2026-09-13: Subsea designs, procures, fabricates, installs and maintains offshore production infrastructure, while also handling wind foundations, cables and decommissioning. Sustained profit conversion and cash generation matter more than revenue alone because the company carries responsibility across complex project stages.
Price as of Oct 2, 2026
Key Statistics
No publishable V2 score is available for this stock yet.
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $33.31 | |
| Change on the day | -0.60% | |
| 52-week range | $17.79–$37.66 | |
| Market capitalisation | $9.89B | |
| Price / earnings (trailing) | 16.04 | |
| Shares traded on the day | 659 | |
| Beta (volatility vs the S&P 500) | 0.6 |
Price & events
Point at or tab to any week for its close.
Other perspectives
Council score for Subsea 7 (SUBCY): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Legends Council
6 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Sep 17, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 9, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.
Readings on this page are from Oct 5, 2026, except a card that shows its own read date.
Watch the SUBCY film — every key number, told as a short cinematic story
~2 min · open the film
What is Subsea 7 (SUBCY), and what does it report?
Short answer · as of
Subsea is not mainly an equipment manufacturer or a vessel-hire business.
Research dated 2026-09-13.
Subsea is not mainly an equipment manufacturer or a vessel-hire business. It sells integrated offshore project delivery, spanning engineering and procurement through seabed installation, commissioning and connection to platforms or shore, followed by inspection, repair and integrity services.
Reported revenue therefore combines activity from subsea field development, conventional shallow-water work, renewable infrastructure, decommissioning and specialist support. Vessel deployment is part of delivery rather than a complete measure of demand.
What do the latest results show for Subsea 7 (SUBCY)?
Short answer · as of
The most recent reported quarter, Q2 FY2026, carried revenue of $1.93B.
Research dated 2026-09-13.
The latest period brought sequential increases in revenue, gross profit, operating profit and net income; the profit measures moved far more sharply than sales. The annual series points in the same direction over a longer span, with revenue advancing while net income expanded much faster.
Cash corroborated the earnings improvement: operating inflow strengthened and remained well above capital spending. The latest release also cleared sales and per-share profit expectations, although earlier releases show that estimate beats have not been consistent.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Jun 30, 2026 | Not available | Not available | Not available | Not available |
| Mar 31, 2026 | Not available | Not available | Not available | Not available |
| Dec 31, 2025 | Not available | Not available | Not available | Not available |
| Sep 30, 2025 | Not available | Not available | Not available | Not available |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q2 FY2026 | $1.93B | $254M | $0.85 (diluted) |
| Q1 FY2026 | $1.79B | $101M | $0.34 (diluted) |
| Q4 FY2025 | $1.96B | $145M | $0.49 (diluted) |
| Q3 FY2025 | $1.84B | $113M | $0.38 (diluted) |
What are the financial strengths and risks for Subsea 7 (SUBCY)?
Short answer
Cash and short-term investments were $0.00 at the Jun 30, 2026 balance-sheet date. This figure does not establish a cash runway.
Research dated 2026-09-13.
Cash and short-term investments exceed total debt, with long-term investments providing additional financial resources. Yet current and quick ratios sit only slightly above parity, while total liabilities are considerably larger than borrowings; the company has net cash, but it is modest beside its market value.
Every displayed period produced operating cash, and recent inflows covered capital spending comfortably. Cash holdings have also risen substantially across the displayed history, while the distress and quality screens support the broader picture of improving financial resilience.
Project execution remains the company-specific pressure point. A contract can run from design through commissioning, so procurement, fabrication or installation trouble can compress gross profit and cash conversion even when reported activity remains high.
What should you watch next at Subsea 7 (SUBCY)?
Research dated 2026-09-13.
At the scheduled report, watch whether sales meet the current consensus while gross and operating profit retain their recent gains. Earnings history makes that combination more informative than an isolated per-share result because sales and earnings have crossed expectations in different directions.
Operating inflow should then be reconciled with capital spending and the cash balance. Continued profit improvement without comparable cash conversion would weaken the recent pattern, while stable cash after investment would reinforce it.
Further-out analyst estimates follow an uneven path rather than a smooth extension of recent growth. That makes execution against the nearer sales and earnings expectations the cleaner checkpoint.
What the records here don't tell us
- No forward revenue or earnings estimate is on file.
- The next earnings date is not yet scheduled in the calendar we read.
- No insider Form 4 transaction falls inside the window this page reads.
Checked against the records this page reads, on the dates shown above.
How is Subsea 7 scored?
Research dated 2026-09-13.
Subsea combines subsea project delivery, inspection and repair, shallow-water platform work, offshore-wind foundations and cables, and decommissioning. Equipment suppliers sell components and vessel contractors sell capacity; Subsea can assume responsibility across much more of the offshore project chain.
That breadth places renewable construction alongside hydrocarbon field development rather than treating offshore wind as a replacement business. Comparisons are therefore more meaningful when they examine contract scope, execution margins, capital spending and cash conversion instead of relying only on fleet capacity or equipment demand.
| Company | Price | Market value | Score |
|---|---|---|---|
| $7.39 Oct 2, 2026 | $9.39B | — Model unavailable | |
| $4.87 Oct 2, 2026 | $9.45B | — Model unavailable | |
| $41.45 Oct 2, 2026 | $6.84B | — Model unavailable | |
| $18.80 Oct 2, 2026 | $6.70B | — 5-pillar · not comparable | |
| $83.79 Oct 2, 2026 | $6.45B | — 5-pillar · not comparable | |
| $79.72 Oct 2, 2026 | $5.71B | — 5-pillar · not comparable | |
| $54.33 Oct 2, 2026 | $5.48B | — 5-pillar · not comparable | |
| $78.39 Oct 2, 2026 | $5.43B | — 5-pillar · not comparable | |
| $30.33 Oct 2, 2026 | $5.32B | — 5-pillar · not comparable | |
| $74.93 Oct 2, 2026 | $4.59B | — 5-pillar · not comparable | |
| $44.32 Oct 2, 2026 | $4.41B | — 5-pillar · not comparable | |
| $63.44 Oct 2, 2026 | $4.40B | — 5-pillar · not comparable |
The comparison model is unavailable. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
What has been published about Subsea 7 (SUBCY)?
SUBCY Energy Stock FAQ
Research dated 2026-09-13; the answers below are from that research, and the full attribution is under Sources. The last question is answered from this page's own dated data, not from the research.
What does Subsea’s EPCI model include beyond vessel hire?
It covers design, engineering, procurement, fabrication, surveying, installation and commissioning of subsea production systems, including umbilicals, risers and flowlines. The company can also connect those systems to offshore platforms or directly to shore.
Why can Subsea’s profit move faster than its revenue?
The latest results show modest sales movement accompanied by much larger changes in gross, operating and net profit. Integrated contracts span several execution activities, so the amount of revenue retained after project costs is a crucial performance signal.
How does Subsea’s offshore wind work relate to its hydrocarbon projects?
Wind foundations, inter-array cables and heavy lifting use the company’s offshore construction capabilities, while subsea field development and maintenance serve oil and gas customers. Renewable work broadens the project base without displacing the established subsea and conventional operations.
How do Subsea’s recent distributions fit with project cash generation?
Recent dividends have increased, while operating cash has varied materially between reporting periods and capital spending continues. Distribution capacity therefore remains connected to project cash conversion rather than earnings alone.
What is the SUBCY stock price today?
The last price recorded on this page for Subsea 7 S.A. (SUBCY) is $33.31, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (18 figures)
The 18 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates are shown with the basis each row actually carries; capture and recorded dates are not relabelled as provider-effective dates, and derived figures restate their arithmetic. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
FMP — 18 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
px.last | Latest provided price | $33.31 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T20:54:31.286Z. | |
px.change | Change on the day | -0.60% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalization | $9.89B | FMP | Financial Modeling Prep (FMP) quote — Provider market cap uses the share class it prices; a company with more than one class may show a larger total elsewhere. Market cap record date: 2026-10-04. Source capture time was not supplied. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | −$0.20 | FMP | Financial Modeling Prep (FMP) · quote | |
px.range52 | 52-week range | $17.79–$37.66 | FMP | Financial Modeling Prep (FMP) quote | |
px.pe | Price / earnings (trailing) | 16.04 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 659 | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 0.6 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Stuart Fitzgerald | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 13,821 | FMP | Financial Modeling Prep (FMP) company profile | |
id.hq | Headquarters | 412F, route d'Esch, Luxembourg City, GL, 1471, LU | FMP | Financial Modeling Prep (FMP) company profile | |
fin.q_revenue | Revenue, Q2 FY2026 | $1.93B | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
fin.annual | Revenue and net result by fiscal year | 5 fiscal years, FY1970 through FY2025: FY1970 revenue $0.00, net result $0.00; FY2022 revenue $0.00, net result $0.00; FY2023 revenue $0.00, net result $0.00; FY2024 revenue $0.00, net result $0.00; FY2025 revenue $0.00, net result $0.00 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.gross_margin | Gross margin (trailing twelve months) | 18.4% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table | Quarterly income statement | 4 quarters through Q2 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
fin.cash_investments | Cash and short-term investments | $0.00 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. The market-value ratio is undefined when the reported amount is zero. | |
fin.total_debt | Total debt | $0.00 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 2.24× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. |
- Published
- Research standards
- Methodology · Editorial policy · Corrections
- Report a number
- sedat@stockexpertai.com
Sources used for research written 2026-09-13
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | Subsea 7 S.A. is a prominent provider of extensive offshore project solutions and specialized services for the evolving global energy industry. The company's core capabilities revolve around the comprehensive development of subsea fields, managing projects from initial design and engineering through procurement, fabrication, surveying, installation, and commissioning of seabed production facilities. These facilities are then seamlessly tied back to fixed or floating platforms, or directly to shore. Its offerings further encompass the full spectrum of engineering, procurement, commissioning, and installation (EPCI) for critical subsea components such as umbilicals, risers, and flowlines. Subsea 7 also ensures the ongoing operational integrity of subsea infrastructure through detailed inspection, repair, maintenance (IRM), remote intervention, and integrity management services. Beyond deepwater operations, the company provides conventional shallow water services, including the fabrication, installation, extension, and refurbishment of both fixed and floating platforms and their associated pipelines, alongside essential hook-up services. Moreover, Subsea 7 plays a significant role in the renewable energy sector, performing heavy lifting and transportation for various structures, installing offshore wind turbine foundations and inter-array cables, and undertaking the decommissioning of redundant offshore facilities. The company also supplies remotely operated vehicles (ROVs) and specialized tooling to support exploration and production activities, while offering expert engineering and advisory services to clients in the oil and gas, renewables, and utilities industries. As of December 31, 2021, Subsea 7 S.A. operated with a robust fleet of 38 vessels. The company was founded in Luxembourg in 1993. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) company profile |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Annual revenue and net result (USD millions) | Captured record · 5 entries
| 2025-12-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Legal name | Subsea 7 S.A. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) company profile |
| Sector / industry (provider taxonomy) | Energy / Oil & Gas Equipment & Services | 2026-09-13 | FMP | Financial Modeling Prep (FMP) company profile |
| Reported versus estimated, last 8 quarters | Captured record · 8 entries
| 2026-07-30 | FMP | Financial Modeling Prep (FMP) earnings |
| Cash, investments and debt | Total debt: $855.70M; Liquidity basis: cash and short-term investments; Total liabilities: $3.85B; Cash and short-term investments: $1.05B; Cash and investments: $1.49B; Long-term investments: $445.60M; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Cash and investment components | Total basis: cash short and long-term investments; Total: $1.49B; Cash and short-term investments: $1.05B; Long-term investments: $445.60M; Long-term investments classification: unclassified Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures. | 2026-06-30 | COMPUTED | Computed from the balance sheet |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Cash against market value | As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: $190.10M; Total debt: $855.70M; Cash and investments: $1.05B Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them. | 2026-06-30 | COMPUTED | Computed from the balance sheet and the latest market capitalization |
| Trailing twelve-month ratio set | Quick ratio: 1.03; Current ratio: 1.05; Debt to equity: 0.2; Net margin: 8.2%; Gross margin: 18.2%; Operating margin: 13.7%; Return on assets: 7.4%; Return on equity: 14% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Distress and quality screens | Altman Z-score: 3.25; Piotroski F-score: 8 Altman Z below 1.8 is the conventional distress zone. The screen is built for manufacturers and industrials; for banks, insurers and property companies it is not a meaningful reading. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) financial scores |
| Next earnings report | Date: 2026-11-19; EPS estimate: $0.716 per share; Revenue estimate: $1.98B The date is our provider's estimate until the company confirms it. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) earnings calendar |
| Analyst revenue and earnings estimates (average) | Captured record · 4 entries
| 2026-09-13 | FMP | Financial Modeling Prep (FMP) analyst estimates |
| Recent dividends paid | Captured record · 4 entries
Declared amounts per share on their ex-dates. A single payment does not establish an annual rate, and a special dividend is not separated here. | 2026-05-21 | FMP | Financial Modeling Prep (FMP) dividend history |
| Dividends per share, last 12 months (split-adjusted) | $1.94 Sum of 2 split-adjusted declared dividends with an ex-date in the 365 days to 2026-09-13, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate. | 2026-05-21 | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history |
| Dividend yield, last 12 months | 5.61% Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate. | 2026-09-11 | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history and quote |
Data provided for informational purposes only.