Himalaya Shipping (HSHP) Operating Margin (2023 - 2026)

Himalaya Shipping (HSHP) has reported Operating Margin for 4 consecutive years, with 68.34% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Margin rose 2286.0% year-over-year to 68.34%; the trailing twelve-month figure through Jun 2026 stood at 60.91% (up 1310.0% YoY), and the FY2025 full-year result was 51.71%, down 226.0% from the prior year.
• Operating Margin rose to 68.34% in Q2 2026 per HSHP's latest filing, from 51.19% in the prior quarter.
• Across five years, Operating Margin topped out at 68.34% in Q2 2026 and bottomed at 17.82% in Q1 2023.
• Historically, Operating Margin has averaged 46.43% across 4 years, with a median of 49.8% in 2024.
• The sharpest annual moves came in 2024 and 2025: Operating Margin soared 3296 bps in 2024, then tumbled 1887 bps in 2025.
• Over 4 years, Operating Margin stood at 53.73% in 2023, then declined by 12 bps to 47.3% in 2024, then soared by 31 bps to 61.76% in 2025, then grew by 11 bps to 68.34% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 68.34%, 51.19%, and 61.76% for Q2 2026, Q1 2026, and Q4 2025 respectively.