Ardmore Shipping (ASC) Cost of Revenue (2012 - 2026)
Ardmore Shipping's (ASC) quarterly Cost of Revenue came in at $17.8 million in Q1 2026, up 17.19% year-on-year from $15.2 million in Q1 2025, and down 6.83% quarter-over-quarter from $19.1 million in Q4 2025.
Ardmore Shipping (ASC) Cost of Revenue (2012 - 2026) Analysis & Trends
Ardmore Shipping has disclosed Cost of Revenue across 15 years of filings, most recently posting $17.8 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $17.8 million, up 17.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $68.8 million (up 13.61% YoY), and the FY2025 annual result was $66.2 million, up 9.8% from the prior year.
- Cost of Revenue came in at $17.8 million for Q1 2026 at Ardmore Shipping, down from $19.1 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $19.1 million in Q4 2025 to a low of $13.3 million in Q3 2022.
- The 5-year median for Cost of Revenue is $15.2 million (2025), against an average of $15.5 million.
- Across the five-year window, Cost of Revenue plunged 99.89% in 2022 and gained 26.23% in 2025, its largest moves.
- Ardmore Shipping's Cost of Revenue stood at $14.2 million in 2022, then rose by 6.88% to $15.1 million in 2023, then dropped by 0.05% to $15.1 million in 2024, then increased by 26.23% to $19.1 million in 2025, then fell by 6.83% to $17.8 million in 2026.
- The last three Cost of Revenue figures came in at $17.8 million (Q1 2026), $19.1 million (Q4 2025), and $16.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 2.46 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 560.44 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | - |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 72.13 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | -70.64 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 1.03 Bn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 95.00 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Ardmore Shipping | 9,535.20 | -52.75 Mn | 70.11 Mn | 17.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.81 Mn |
| Mar 31, 2026 | 17.81 Mn |
| Dec 31, 2025 | 19.11 Mn |
| Dec 31, 2025 | 19.11 Mn |
| Sep 30, 2025 | 16.43 Mn |
| Sep 30, 2025 | 16.43 Mn |
| Jun 30, 2025 | 15.42 Mn |
| Jun 30, 2025 | 15.42 Mn |
| Mar 31, 2025 | 15.20 Mn |
| Mar 31, 2025 | 15.20 Mn |
| Dec 31, 2024 | 15.14 Mn |
| Dec 31, 2024 | 15.14 Mn |
| Sep 30, 2024 | 13.97 Mn |
| Sep 30, 2024 | 13.97 Mn |
| Jun 30, 2024 | 16.22 Mn |
| Jun 30, 2024 | 16.22 Mn |
| Mar 31, 2024 | 14.92 Mn |
| Mar 31, 2024 | 14.92 Mn |
| Dec 31, 2023 | 15.15 Mn |
| Dec 31, 2023 | 15.15 Mn |