Himalaya Shipping (HSHP) Income Statement

Himalaya Shipping reported revenue of $131.90M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 6.7% from $123.60M a year earlier. Net income was $17.70M, down 16.1% year over year, a net margin of 13.4%. Gross margin was 55.4% and operating margin 51.7%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $53.70M, up 79.6% from the same quarter a year earlier.

Himalaya Shipping Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Himalaya Shipping Ltd. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Revenue & Gross Profit
Revenue	131.90	123.60	36.70	0.00	0.00
Cost of Revenue	58.80	51.90	18.30	0.00	0.00
Gross Profit	73.10	71.70	18.40	0.00	0.00
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	4.90	5.00	3.80	1.97	1.39
Operating Expenses	4.90	5.00	3.80	1.97	1.39
Operating Income	68.20	66.70	14.60	-1.97	-1.39
Other Income/Expense
Interest Income	1.00	1.00	0.80	0.04	0.00
Interest Expense	51.40	46.60	13.60	0.00	0.00
Other Income/Expense	-50.50	-0.01	-13.11	0.02	0.00
Income
Income Before Tax	17.70	21.10	1.50	-1.95	-1.39
Income Tax Expense	0.00	0.01	0.00	0.00	0.00
Net Income	17.70	21.10	1.50	-1.95	-1.39
Net Income - Continuous Operations	17.70	21.10	1.50	-1.95	-0.97
Net Income - Discontinued Operations	-	-	-	-	-
EBITDA	98.30	94.20	24.20	-1.95	0.00
EBIT	69.10	67.70	15.10	-1.97	-1.39
Depreciation & Amortization	29.20	26.50	9.10	0.00	1.39
Earnings Per Share
Basic EPS	-	-	-	-	-
Diluted EPS	-	-	-	-	-
Basic Shares Outstanding	45.98	43.90	38.64	32.15	18.32
Diluted Shares Outstanding	46.02	43.91	38.64	32.15	18.32

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

Frequently Asked Questions About Himalaya Shipping Financial Statements

What was Himalaya Shipping's revenue in fiscal 2025?

Himalaya Shipping reported revenue of $131.90M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 6.7% from $123.60M a year earlier.

Is Himalaya Shipping profitable?

Yes. Himalaya Shipping earned net income of $17.70M in fiscal 2025, a net margin of 13.4%. In fiscal 2024 it earned $21.10M.

What is Himalaya Shipping's operating margin?

Himalaya Shipping's operating income was $68.20M on revenue of $131.90M in fiscal 2025, an operating margin of 51.7%, compared with 54.0% 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