Hafnia (HAFN) Operating Income (2023 - 2025)
Hafnia (HAFN) reported Operating Income of $109.9 million for Q4 2025, up 19.86% year-over-year from $91.7 million in Q4 2024, and up 8.59% quarter-over-quarter from $101.2 million in Q3 2025.
Hafnia (HAFN) Operating Income (2023 - 2025) Analysis & Trends
Hafnia (HAFN) has 3 years of Operating Income data on file, last reported at $109.9 million in Q4 2025.
- Operating Income for Q4 2025 came in at $109.9 million, up 19.86% year-over-year; the trailing twelve-month figure through Dec 2025 was $369.6 million (down 54.13% YoY), and the FY2025 annual result was $369.6 million, down 54.13% from the prior year.
- Operating Income rose to $109.9 million in Q4 2025 per HAFN's latest filing, from $101.2 million in the prior quarter.
- Over five years, Operating Income peaked at $280.7 million in Q1 2023 and troughed at $75.5 million in Q1 2025.
- A 3-year average of $169.4 million and a median of $173.9 million in 2023 frame the typical range for Operating Income.
- The sharpest annual moves came in 2024 and 2025: Operating Income surged 30.99% in 2024, then sank 68.3% in 2025.
- A 3-year view of Operating Income shows it stood at $180.5 million in 2023, then plunged by 49.23% to $91.7 million in 2024, then grew by 19.86% to $109.9 million in 2025.
- Business Quant data shows HAFN's Operating Income at $109.9 million in Q4 2025, $101.2 million in Q3 2025, and $83.1 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 5.26 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | -267.60 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 61.40 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 109.86 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 76.74 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -18.30 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 97.31 Mn |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 285.84 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | 97.42 Mn |
| 10 | Capital Clean Energy Carriers | 1.33 Bn | 792.93 Mn | 78.44 Mn | 43.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 109.86 Mn |
| Sep 30, 2025 | 101.17 Mn |
| Jun 30, 2025 | 83.09 Mn |
| Mar 31, 2025 | 75.46 Mn |
| Dec 31, 2024 | 91.66 Mn |
| Sep 30, 2024 | 219.01 Mn |
| Jun 30, 2024 | 262.14 Mn |
| Mar 31, 2024 | 232.92 Mn |
| Dec 31, 2023 | 180.53 Mn |
| Sep 30, 2023 | 167.20 Mn |
| Jun 30, 2023 | 229.52 Mn |
| Mar 31, 2023 | 280.71 Mn |