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StealthGas Q1 FY26 net income rises 13% to USD 15.9 million; revenue increases 2% to USD 42.8 million

PUBT·06/05/2026 13:02:15
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StealthGas Q1 FY26 net income rises 13% to USD 15.9 million; revenue increases 2% to USD 42.8 million
  • StealthGas posted Q1 net income of USD 15.9 million, up 24% from the prior quarter; basic EPS rose to USD 0.43.
  • Revenue increased 2% from a year earlier to USD 42.8 million, with results hit by higher drydocking costs as three vessels docked.
  • Cash and cash equivalents climbed to USD 131.2 million at March 31, with the fleet fully unencumbered and debt repaid, cutting interest and finance costs to USD 8,073.
  • Recorded a USD 2.5 million gain on a vessel sale delivered in March; agreed sale of Eco Royalty is set for September delivery.
  • About 54%–55% of remaining 2026 fleet days are covered by period charters, supporting roughly USD 100 million in contracted revenue excluding the JV vessel.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. StealthGas Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606050900PRIMZONEFULLFEED9732444) on June 05, 2026, and is solely responsible for the information contained therein.

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