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