Hafnia HAFN
NYSE HAFN
$8.97 +0.25 (+2.81%)
As of: Sep 8, 2026 · 3:59 PM EDT

Hafnia (HAFN) Cost of Revenue (2023 - 2026)

Hafnia's (HAFN) quarterly Cost of Revenue came in at $132.8 million in Q2 2026, up 15.03% year-over-year from $115.4 million in Q2 2025, and up 66.32% quarter-over-quarter from $79.8 million in Q1 2026.

Analysis

Hafnia (HAFN) Cost of Revenue (2023 - 2026) Analysis & Trends

Hafnia (HAFN) has reported Cost of Revenue for 4 consecutive years, with $132.8 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 15.03% year-over-year to $132.8 million in Q2 2026; TTM through Jun 2026 was $373.0 million, a 1.92% increase from a year earlier, with the FY2025 full-year figure at $466.0 million, down 14.4% from the prior year.
  • Cost of Revenue was $132.8 million for Q2 2026 at Hafnia, up from $79.8 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $145.7 million in Q2 2024 and troughed at $42.8 million in Q1 2023.
  • A 4-year average of $89.2 million and a median of $80.4 million in 2023 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue jumped 96.98% in 2024 and decreased 20.81% in 2025, its largest moves.
  • Over 4 years, Cost of Revenue stood at $80.5 million in 2023, then gained by 4.36% to $84.0 million in 2024, then fell by 4.57% to $80.2 million in 2025, then surged by 65.62% to $132.8 million in 2026.
  • The last three Cost of Revenue figures came in at $132.8 million (Q2 2026), $79.8 million (Q1 2026), and $80.2 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - -
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn 631.60 Mn
3 Matson 6.76 Bn 6.64 Bn - -
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn 129,000.00
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn 132.75 Mn
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn 252.96 Mn
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn 64.83 Mn
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn 1.21 Bn
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn 57.61 Mn
10 Torm 3.44 Bn 94.67 Mn 652.00 Mn 10.80 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 132.75 Mn
Mar 31, 2026 79.82 Mn
Dec 31, 2025 80.15 Mn
Sep 30, 2025 80.24 Mn
Jun 30, 2025 115.41 Mn
Mar 31, 2025 86.22 Mn
Dec 31, 2024 84.00 Mn
Sep 30, 2024 80.32 Mn
Jun 30, 2024 145.74 Mn
Mar 31, 2024 84.21 Mn
Dec 31, 2023 80.48 Mn
Sep 30, 2023 79.51 Mn
Jun 30, 2023 77.01 Mn
Mar 31, 2023 42.75 Mn