Ardmore Shipping (ASC) Net Income (2012 - 2026)

Ardmore Shipping's (ASC) quarterly Net Income came in at $23.7 million in Q1 2026, up 272.79% year-on-year from $6.4 million in Q1 2025, and up 90.36% quarter-over-quarter from $12.5 million in Q4 2025.

Ardmore Shipping (ASC) Net Income (2012 - 2026) Analysis & Trends

Ardmore Shipping has disclosed Net Income across 15 years of filings, most recently posting $23.7 million for Q1 2026.

  • Net Income for Q1 2026 came in at $23.7 million, up 272.79% year-over-year; the trailing twelve-month figure through Mar 2026 was $59.2 million (down 43.48% YoY), and the FY2025 annual result was $41.3 million, down 69.95% from the prior year.
  • Net Income came in at $23.7 million for Q1 2026 at Ardmore Shipping, up from $12.5 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $62.3 million in Q2 2024 to a low of -$7.2 million in Q1 2022.
  • The 5-year median for Net Income is $24.5 million (2024), against an average of $27.1 million.
  • Peak annual rise in Net Income reached 812.65% in 2022, while the deepest fall reached 85460.86% in 2022.
  • Ardmore Shipping's Net Income stood at $54.4 million in 2022, then tumbled by 49.44% to $27.5 million in 2023, then tumbled by 58.18% to $11.5 million in 2024, then rose by 8.52% to $12.5 million in 2025, then soared by 90.36% to $23.7 million in 2026.
  • The last three Net Income figures came in at $23.7 million (Q1 2026), $12.5 million (Q4 2025), and $13.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn 5.48 Mn
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn 8.23 Mn
3 Matson 5.69 Bn 5.59 Bn - 57.90 Mn
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn 109.65 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn -50.31 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn -86.30 Mn
7 Costamare 1.93 Bn 1.42 Bn - 120.09 Mn
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn 319.70 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn - 93.83 Mn
10 Ardmore Shipping 9,535.20 -52.75 Mn 70.11 Mn 23.74 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 23.74 Mn
Dec 31, 2025 12.47 Mn
Sep 30, 2025 13.18 Mn
Jun 30, 2025 9.78 Mn
Mar 31, 2025 6.37 Mn
Dec 31, 2024 11.49 Mn
Sep 30, 2024 24.51 Mn
Jun 30, 2024 62.32 Mn
Mar 31, 2024 39.62 Mn
Dec 31, 2023 27.49 Mn
Sep 30, 2023 21.45 Mn
Jun 30, 2023 25.32 Mn
Mar 31, 2023 44.45 Mn
Dec 31, 2022 54.37 Mn
Sep 30, 2022 62.09 Mn
Jun 30, 2022 29.77 Mn
Mar 31, 2022 -7.17 Mn
Dec 31, 2021 -7.63 Mn
Sep 30, 2021 -12.15 Mn
Jun 30, 2021 -8.06 Mn