Icon Energy (ICON) Cost of Revenue (2023 - 2025)
Icon Energy (ICON) reported Cost of Revenue of $1.4 million for Q3 2025, up 173.09% on a YoY basis from $524000.0 in Q3 2024, and up 34.11% quarter-over-quarter from $1.1 million in Q2 2025.
Icon Energy (ICON) Cost of Revenue (2023 - 2025) Analysis & Trends
Icon Energy has reported Cost of Revenue for 3 years, with the latest figure at $1.4 million in Q3 2025.
- For the quarter ending Q3 2025, Cost of Revenue rose 173.09% year-over-year to $1.4 million; the trailing twelve-month figure through Sep 2025 stood at $4.4 million (up 129.71% YoY), and the FY2024 full-year result was $2.4 million, up 26.44% from the prior year.
- Cost of Revenue for Q3 2025 stood at $1.4 million, up from $1.1 million in the prior quarter.
- The five-year high for Cost of Revenue was $1.4 million in Q3 2025, with the low at $411000.0 in Q2 2024.
- Historically, Cost of Revenue has averaged $751777.8 across 3 years, with a median of $524000.0 in 2024.
- Annual changes were most pronounced in 2024 — Cost of Revenue grew 8.04% — and 2025, when it soared 173.09%.
- Icon Energy's Cost of Revenue stood at $478000.0 in 2023, then surged by 98.74% to $950000.0 in 2024, then surged by 50.63% to $1.4 million in 2025.
- The last three Cost of Revenue figures came in at $1.4 million (Q3 2025), $1.1 million (Q2 2025), and $928000.0 (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 2.46 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 560.44 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | - |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 72.13 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | -70.64 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 1.03 Bn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 95.00 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Icon Energy | 449,486.88 | -3.63 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 1.43 Mn |
| Sep 30, 2025 | 1.43 Mn |
| Jun 30, 2025 | 1.07 Mn |
| Jun 30, 2025 | 1.07 Mn |
| Mar 31, 2025 | 928,000.00 |
| Mar 31, 2025 | 928,000.00 |
| Dec 31, 2024 | 950,000.00 |
| Dec 31, 2024 | 950,000.00 |
| Sep 30, 2024 | 524,000.00 |
| Sep 30, 2024 | 524,000.00 |
| Jun 30, 2024 | 411,000.00 |
| Jun 30, 2024 | 411,000.00 |
| Mar 31, 2024 | 492,000.00 |
| Mar 31, 2024 | 492,000.00 |
| Dec 31, 2023 | 478,000.00 |
| Dec 31, 2023 | 478,000.00 |
| Sep 30, 2023 | 485,000.00 |
| Sep 30, 2023 | 485,000.00 |