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-over-year from $2.7 million in Q1 2025, and down 67.11% quarter-over-quarter from $3.3 million in Q4 2025.
C3is (CISS) Cost of Revenue (2023 - 2026) Analysis & Trends
C3is' Cost of Revenue history runs 4 years deep, the most recent figure standing at $1.1 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 60.8% year-over-year to $1.1 million; the TTM figure through Mar 2026 stood at $16.3 million (down 19.01% YoY), while the FY2025 annual figure was $9.0 million, up 9.83% from the prior year.
- Cost of Revenue for Q1 2026 stood at $1.1 million, down from $3.3 million in the prior quarter.
- The five-year high for Cost of Revenue was $10.0 million in Q4 2024, with the low at $148714.0 in Q2 2023.
- The 4-year median for Cost of Revenue is $3.0 million (2024), against an average of $3.6 million.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue soared 1923.38% in 2024, then slumped 67.55% in 2025.
- C3is' Cost of Revenue stood at $4.2 million in 2023, then soared by 138.29% to $10.0 million in 2024, then plunged by 67.55% to $3.3 million in 2025, then slumped by 67.11% to $1.1 million in 2026.
- Business Quant data shows CISS's Cost of Revenue at $1.1 million in Q1 2026, $3.3 million in Q4 2025, and $7.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 631.60 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 72.13 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 1.03 Bn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 56.69 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | -12,231.05 Bn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 30.92 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 15.44 Mn |
| 10 | C3is | 778.83 | -27.26 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 |