Hafnia (HAFN) Cost of Revenue (2023 - 2026)
Hafnia's Cost of Revenue was $132.75 million in the quarter ended Jun 30, 2026, up 15.0% from $115.41 million a year earlier and up 66.3% from the prior quarter.
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Analysis
Hafnia (HAFN) Cost of Revenue (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hafnia's Cost of Revenue was $372.96 million through Jun 30, 2026, up 1.9% year-over-year; for the year ended Dec 31, 2025, it came in at $465.96 million, down 14.4% from the prior year.
- Cost of Revenue has now declined for three consecutive years, with a three-year compound annual growth rate of -7.0% (years ended Dec 2022 to Dec 2025).
- In earlier years, Cost of Revenue was $544.32 million in the year ended Dec 31, 2024 (-0.8%), $548.87 million in the year ended Dec 31, 2023 (-5.3%) and $579.86 million in the year ended Dec 31, 2022.
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Cost of Revenue since the quarter ended Jun 30, 2024.
- Compared with a year earlier, Cost of Revenue was higher in four of the last eight quarters, with an average decline of 1.3%.
- The best year-over-year quarter for Cost of Revenue over five years was the quarter ended Mar 31, 2024 (growth of 97.0%); the worst was the quarter ended Jun 30, 2025 (a decline of 20.8%).
- Per Business Quant data, HAFN's Cost of Revenue in the three quarters before the quarter ended Jun 30, 2026 was $79.82 million (quarter ended Mar 31, 2026), $80.15 million (quarter ended Dec 31, 2025) and $80.24 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | - |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | - |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | - |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | - |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | - |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | - |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | - |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | - |
| 10 | Hafnia | 5.10 Bn | 4.36 Bn | 372.91 Mn | 132.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Hafnia Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HAFN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "HAFN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HAFN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();