Hafnia (HAFN) Cost of Revenue (2023 - 2025)

Hafnia's (HAFN) quarterly Cost of Revenue came in at $72.1 million in Q4 2025, up 4.35% year-on-year from $69.1 million in Q4 2024, and down 1.48% on a QoQ basis from $73.2 million in Q3 2025.

Hafnia (HAFN) Cost of Revenue (2023 - 2025) Analysis & Trends

Hafnia (HAFN) has 3 years of Cost of Revenue data on file, last reported at $72.1 million in Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 4.35% year-over-year to $72.1 million in Q4 2025; TTM through Dec 2025 was $282.1 million, a 1.47% increase from a year earlier, with the FY2025 full-year figure at $282.1 million, up 1.47% from the prior year.
  • Cost of Revenue for Q4 2025 stood at $72.1 million, down from $73.2 million in the prior quarter.
  • Over the last five years, Cost of Revenue for HAFN reached as high as $73.2 million in Q3 2025 and fell as low as $64.7 million in Q1 2023.
  • Historically, Cost of Revenue has averaged $69.1 million across 3 years, with a median of $69.1 million in 2024.
  • Across the five-year window, Cost of Revenue climbed 7.69% in 2024 and dropped 2.2% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $67.7 million in 2023, then climbed by 2.1% to $69.1 million in 2024, then increased by 4.35% to $72.1 million in 2025.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $72.1 million in Q4 2025, $73.2 million in Q3 2025, and $68.7 million in Q2 2025.

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 Star Bulk Carriers 3.12 Bn 2.63 Bn 493.84 Mn -193.25 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 72.13 Mn
Dec 31, 2025 72.13 Mn
Sep 30, 2025 73.22 Mn
Sep 30, 2025 73.22 Mn
Jun 30, 2025 68.68 Mn
Jun 30, 2025 68.68 Mn
Mar 31, 2025 68.10 Mn
Mar 31, 2025 68.10 Mn
Dec 31, 2024 69.13 Mn
Dec 31, 2024 69.13 Mn
Sep 30, 2024 70.22 Mn
Sep 30, 2024 70.22 Mn
Jun 30, 2024 69.06 Mn
Jun 30, 2024 69.06 Mn
Mar 31, 2024 69.63 Mn
Mar 31, 2024 69.63 Mn
Dec 31, 2023 67.70 Mn
Dec 31, 2023 67.70 Mn
Sep 30, 2023 71.02 Mn
Sep 30, 2023 71.02 Mn