Ardmore Shipping (ASC) Gross Margin (2012 - 2026)

Ardmore Shipping has disclosed Gross Margin across 15 years of filings, most recently posting 79.74% for Q1 2026.

• Gross Margin for Q1 2026 came in at 79.74%, up 28.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 78.78% (down 501.0% YoY), and the FY2025 annual result was 78.67%, down 648.0% from the prior year.
• Gross Margin came in at 79.74% for Q1 2026 at Ardmore Shipping, up from 76.95% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 90.65% in Q3 2022 to a low of 73.82% in Q1 2022.
• The 5-year median for Gross Margin is 83.41% (2023), against an average of 83.05%.
• Across the five-year window, Gross Margin surged 2339 bps in 2022 and sank 804 bps in 2025, its largest moves.
• Ardmore Shipping's Gross Margin stood at 89.33% in 2022, then declined by 5 bps to 84.68% in 2023, then dropped by 4 bps to 81.54% in 2024, then retreated by 6 bps to 76.95% in 2025, then increased by 4 bps to 79.74% in 2026.
• The last three Gross Margin figures came in at 79.74% (Q1 2026), 76.95% (Q4 2025), and 79.78% (Q3 2025), per Business Quant data.