Spot Voyages was Bw Lpg’s largest revenue line in fiscal 2025, bringing in $703.47M of $1.02B (69%).
| Products and services [axis] | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Spot Voyages | $699.03M | $883.50M | $773.04M | $703.47M |
| Time Charter | $134.30M | $330.99M | $189.20M | $312.28M |
| Total | $833.33M | $1.21B | $962.24M | $1.02B |
Bw Lpg brought in $1.02B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 5.6% from $962.24M in fiscal 2024. Spot Voyages was the largest at $703.47M (69.3%), ahead of Time Charter at $312.28M (30.7%).
Compared with fiscal 2024, Time Charter grew 65.0% to $312.28M, while Spot Voyages fell 9.0% to $703.47M. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $833.33M to $1.02B, a compound annual growth rate of 6.8%. Spot Voyages' share of the total fell from 83.9% to 69.3%.
Bw Lpg (BWLP) reports its revenue by products and services [axis]. In fiscal 2025, Spot Voyages was its largest revenue line, bringing in $703.47M (69.3% of the total), followed by Time Charter at $312.28M (30.7%).
Spot Voyages was Bw Lpg's largest revenue line in fiscal 2025, bringing in $703.47M, or 69.3% of the $1.02B total across its two revenue lines.
Time Charter grew faster than Spot Voyages in fiscal 2025, up 65.0% from $189.20M to $312.28M. Spot Voyages fell 9.0% to $703.47M.
Every figure comes from Bw Lpg's annual financial filings, as reported. Each line keeps the name Bw Lpg gives it, and years follow its fiscal calendar.
Bw Lpg's revenue by products and services [axis] goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.