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| Date | Value |
|---|---|
| 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 |