Diana Shipping (DSX) Financial Statements & Analysis

Diana Shipping (DSX) Income Statement

Diana Shipping reported revenue of $213.54M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 6.4% from $228.21M a year earlier. Net income was $17.83M, up 39.9% year over year, a net margin of 8.3%. Gross margin was 34.8% and operating margin 18.0%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $57.28M, up 4.7% from the same quarter a year earlier.

Diana Shipping Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Diana Shipping Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	213.54	228.21	262.10	289.97	214.20	169.73	220.73	226.19	161.90
Cost of Revenue	139.19	140.89	148.89	122.30	80.33	100.72	153.05	155.12	185.98
Gross Profit	74.36	87.32	113.21	167.67	133.88	69.02	67.68	71.07	-24.08
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	34.10	33.44	32.97	29.37	30.62	34.80	28.60	31.91	28.22
Operating Expenses	35.83	34.35	32.82	29.61	70.36	77.56	50.06	32.82	459.91
Operating Income	38.53	52.98	80.39	138.06	63.52	-8.54	17.62	38.25	-483.99
Other Income/Expense
Interest Income	7.51	8.37	8.17	2.74	0.18	0.73	2.86	8.82	4.51
Interest Expense	40.62	44.74	49.33	24.72	-19.93	-21.23	27.96	28.30	24.98
Other Income/Expense	14.75	-1.13	-30.55	-19.00	-6.12	-0.29	-28.16	-21.67	-27.73
Income
Income Before Tax	17.83	12.75	49.84	119.06	57.39	-134.20	-10.54	16.58	-511.71
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	17.83	12.75	49.84	119.06	51.63	-134.20	-10.54	16.58	-511.71
Net Income - Continuous Operations	17.83	12.75	49.84	119.06	57.39	-134.20	-10.54	16.58	-511.71
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	58.44	57.48	96.25	143.78	102.65	34.45	17.43	44.88	-486.74
EBIT	58.44	57.48	96.25	138.06	62.16	-8.54	-	-	-
Depreciation & Amortization	0.00	39.41	0.00	0.00	40.49	42.99	0.00	0.00	0.00
Earnings Per Share
Basic EPS	-	-	-	1.00	1.00	-2.00	-	1.00	-5.00
Diluted EPS	-	-	-	1.00	1.00	-2.00	-	1.00	-5.00
Basic Shares Outstanding	110.46	115.96	100.17	80.06	81.12	86.14	95.19	103.74	95.65
Diluted Shares Outstanding	110.50	118.66	101.88	83.32	84.86	86.14	95.19	104.72	95.73

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Diana Shipping Financial Statements

What was Diana Shipping's revenue in fiscal 2025?

Diana Shipping reported revenue of $213.54M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 6.4% from $228.21M a year earlier.

Is Diana Shipping profitable?

Yes. Diana Shipping earned net income of $17.83M in fiscal 2025, a net margin of 8.3%. In fiscal 2024 it earned $12.75M.

What is Diana Shipping's operating margin?

Diana Shipping's operating income was $38.53M on revenue of $213.54M in fiscal 2025, an operating margin of 18.0%, compared with 23.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition