Ardmore Shipping (ASC) Cost of Revenue (2012 - 2026)
Ardmore Shipping (ASC) posted Cost of Revenue of $19.0 million for Q2 2026, up 6.41% sequentially from $17.8 million in Q1 2026, and up 22.86% YoY from $15.4 million in Q2 2025.
Ardmore Shipping (ASC) Cost of Revenue (2012 - 2026) Analysis & Trends
Ardmore Shipping has reported Cost of Revenue for 15 years, with the latest figure at $19.0 million in Q2 2026.
- Quarterly Cost of Revenue rose 22.86% year-over-year to $19.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $72.3 million (up 21.04% YoY) and the FY2025 annual result came in at $66.2 million, up 9.8% from the prior year.
- Cost of Revenue grew to $19.0 million in Q2 2026 per ASC's latest filing, from $17.8 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $19.1 million in Q4 2025 and troughed at $13.3 million in Q3 2022.
- A 5-year average of $15.7 million and a median of $15.2 million in 2023 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue declined 13.83% in 2022, then climbed 26.23% in 2025.
- Over 5 years, Cost of Revenue stood at $14.2 million in 2022, then advanced by 6.88% to $15.1 million in 2023, then fell by 0.05% to $15.1 million in 2024, then gained by 26.23% to $19.1 million in 2025, then fell by 0.85% to $19.0 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $19.0 million, $17.8 million, and $19.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 631.60 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 72.13 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 1.03 Bn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 56.69 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | -12,231.05 Bn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 30.92 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 15.44 Mn |
| 10 | Ardmore Shipping | 736.97 Mn | 686.54 Mn | 97.26 Mn | 18.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.95 Mn |
| Jun 30, 2026 | 18.95 Mn |
| 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 |