Ardmore Shipping (ASC) Cost of Revenue (2012 - 2026)
Ardmore Shipping's (ASC) quarterly Cost of Revenue came in at $19.0 million in Q2 2026, up 22.86% year-over-year from $15.4 million in Q2 2025, and up 6.41% quarter-over-quarter from $17.8 million in Q1 2026.
Analysis
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 $19.0 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 22.86% year-over-year to $19.0 million; the TTM figure through Jun 2026 stood at $72.3 million (up 21.04% YoY), while the FY2025 annual figure was $66.2 million, up 9.8% from the prior year.
- Cost of Revenue came in at $19.0 million for Q2 2026 at Ardmore Shipping, up from $17.8 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.
- Average Cost of Revenue over 5 years is $15.7 million, with a median of $15.2 million recorded in 2023.
- Year-over-year, Cost of Revenue dropped 13.83% in 2022 and advanced 26.23% in 2025.
- Over 5 years, 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 dropped by 0.85% to $19.0 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $19.0 million in Q2 2026, $17.8 million in Q1 2026, and $19.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 631.60 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 129,000.00 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 132.75 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 252.96 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 64.83 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 1.21 Bn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 57.61 Mn |
| 10 | Ardmore Shipping | 732.47 Mn | 682.03 Mn | 97.26 Mn | 18.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.95 Mn |
| Mar 31, 2026 | 17.81 Mn |
| Dec 31, 2025 | 19.11 Mn |
| Sep 30, 2025 | 16.43 Mn |
| Jun 30, 2025 | 15.42 Mn |
| Mar 31, 2025 | 15.20 Mn |
| Dec 31, 2024 | 15.14 Mn |
| Sep 30, 2024 | 13.97 Mn |
| Jun 30, 2024 | 16.22 Mn |
| Mar 31, 2024 | 14.92 Mn |
| Dec 31, 2023 | 15.15 Mn |
| Sep 30, 2023 | 14.43 Mn |
| Jun 30, 2023 | 15.26 Mn |
| Mar 31, 2023 | 14.94 Mn |
| Dec 31, 2022 | 14.17 Mn |
| Sep 30, 2022 | 13.32 Mn |
| Jun 30, 2022 | 15.94 Mn |
| Mar 31, 2022 | 16.59 Mn |
| Dec 31, 2021 | 15.80 Mn |
| Sep 30, 2021 | 15.45 Mn |