C3is (CISS) Cost of Revenue (2023 - 2026)

C3is (CISS) posted quarterly Cost of Revenue of $1.1 million for Q1 2026, down 60.8% year-on-year from $2.7 million in Q1 2025, and down 67.11% on a QoQ basis from $3.3 million in Q4 2025.

C3is (CISS) Cost of Revenue (2023 - 2026) Analysis & Trends

C3is (CISS) has reported Cost of Revenue for 4 consecutive years, with $1.1 million the latest figure, recorded in Q1 2026.

  • Quarterly Cost of Revenue fell 60.8% year-over-year to $1.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $16.3 million (down 19.01% YoY) and the FY2025 annual result came in at $9.0 million, up 9.83% from the prior year.
  • Cost of Revenue declined to $1.1 million in Q1 2026 per CISS's latest filing, from $3.3 million in the prior quarter.
  • Over the last five years, Cost of Revenue for CISS reached as high as $10.0 million in Q4 2024 and fell as low as $148714.0 in Q2 2023.
  • A 4-year average of $3.6 million and a median of $3.0 million in 2024 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2024 — Cost of Revenue surged 1923.38% — and 2025, when it slumped 67.55%.
  • Year by year, Cost of Revenue stood at $4.2 million in 2023, then soared by 138.29% to $10.0 million in 2024, then sank by 67.55% to $3.3 million in 2025, then tumbled by 67.11% to $1.1 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $1.1 million, $3.3 million, and $7.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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 C3is 35.63 Mn 8.37 Mn 10.51 Mn 1.07 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.07 Mn
Mar 31, 2026 1.07 Mn
Dec 31, 2025 3.25 Mn
Dec 31, 2025 3.25 Mn
Sep 2, 2025 7.34 Mn
Sep 2, 2025 7.34 Mn
Jun 30, 2025 4.61 Mn
Jun 30, 2025 4.61 Mn
Mar 31, 2025 2.73 Mn
Mar 31, 2025 2.73 Mn
Dec 31, 2024 10.02 Mn
Dec 31, 2024 10.02 Mn
Sep 30, 2024 4.34 Mn
Sep 30, 2024 4.34 Mn
Jun 30, 2024 3.01 Mn
Jun 30, 2024 3.01 Mn
Mar 31, 2024 2.67 Mn
Mar 31, 2024 2.67 Mn
Dec 31, 2023 4.21 Mn
Dec 31, 2023 4.21 Mn