Ardmore Shipping (ASC) Cost of Revenue (2012 - 2026)
Ardmore Shipping (ASC) reported Cost of Revenue of $17.8 million for Q1 2026, up 17.19% on a YoY basis from $15.2 million in Q1 2025, and down 6.83% sequentially from $19.1 million in Q4 2025.
Ardmore Shipping (ASC) Cost of Revenue (2012 - 2026) Analysis & Trends
Ardmore Shipping (ASC) has 15 years of Cost of Revenue data on file, last reported at $17.8 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 17.19% year-over-year to $17.8 million; the trailing twelve-month figure through Mar 2026 stood at $68.8 million (up 13.61% YoY), and the FY2025 full-year result was $66.2 million, up 9.8% from the prior year.
- Cost of Revenue fell to $17.8 million in Q1 2026, 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.
- A 5-year average of $15.5 million and a median of $15.2 million in 2025 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue slipped 13.83% in 2022 and gained 26.23% in 2025, its largest moves.
- Tracing ASC's Cost of Revenue over 5 years: stood at $14.2 million in 2022, then increased by 6.88% to $15.1 million in 2023, then slipped by 0.05% to $15.1 million in 2024, then grew by 26.23% to $19.1 million in 2025, then declined by 6.83% to $17.8 million in 2026.
- Business Quant data shows ASC's Cost of Revenue at $17.8 million in Q1 2026, $19.1 million in Q4 2025, and $16.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | 1.03 Bn |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 49.98 Mn |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | 67.58 Mn |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | 2.49 Mn |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | 4,165.00 |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 560.44 Mn |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | - |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | 72.13 Mn |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | Ardmore Shipping | 671.20 Mn | 618.44 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 |