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
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