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
DateValue
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