C3is (CISS) Gross Margin (2023 - 2026)
C3is (CISS) recorded quarterly Gross Margin of 78.71% in Q1 2026, down 1.69% quarter-over-quarter from 80.06% in Q4 2025, and up 327.0% on a YoY basis from 18.43% in Q1 2025.
C3is (CISS) Gross Margin (2023 - 2026) Analysis & Trends
C3is' Gross Margin history runs 4 years deep, the most recent figure standing at 78.71% for Q1 2026.
- In Q1 2026, Gross Margin rose 327.0% year-over-year to 78.71%; the TTM figure through Mar 2026 stood at 78.16% (up 66.0% YoY), while the FY2025 annual figure was 73.96%, down 656.0% from the prior year.
- Gross Margin was 78.71% for Q1 2026 at C3is, down from 80.06% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 89.58% in Q4 2023 to a low of 51.47% in Q2 2023.
- Historically, Gross Margin has averaged 77.19% across 4 years, with a median of 78.02% in 2025.
- Biggest YoY gain for Gross Margin was 3049 bps in 2024; the steepest drop was 1413 bps in 2024.
- A 4-year view of Gross Margin shows it stood at 89.58% in 2023, then dropped by 16 bps to 75.45% in 2024, then increased by 6 bps to 80.06% in 2025, then slipped by 2 bps to 78.71% in 2026.
- The last three Gross Margin figures came in at 78.71% (Q1 2026), 80.06% (Q4 2025), and 76.87% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 78.71% |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 34.20% |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | - |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 67.88% |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 123.50% |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 4.10% |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 73.39% |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Capital Clean Energy Carriers | 1.33 Bn | 792.93 Mn | 78.44 Mn | 80.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 78.71% |
| Dec 31, 2025 | 80.06% |
| Sep 2, 2025 | 76.87% |
| Jun 30, 2025 | 78.02% |
| Mar 31, 2025 | 75.44% |
| Dec 31, 2024 | 75.45% |
| Sep 30, 2024 | 76.28% |
| Jun 30, 2024 | 81.96% |
| Mar 31, 2024 | 86.11% |
| Dec 31, 2023 | 89.58% |
| Sep 30, 2023 | 85.74% |
| Jun 30, 2023 | 51.47% |
| Mar 31, 2023 | 67.84% |