C3is Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	34.76	42.3	28.74	7.89
Revenue Growth (YoY)	-17.83%	47.17%	264.29%	-
Cost of Revenue	12.76	15.07	8.05	1.42
Gross Profit	22	27.23	20.69	6.47
Selling, General & Admin	3.07	3.56	1.6	0.48
Other Operating Expenses	11.06	7.42	4.56	3.32
Operating Expenses	20.63	17.16	10.26	5.14
Operating Income	1.36	10.06	10.43	1.32
Interest Expense	-	-2.47	-1.37	-0
Interest & Investment Income	0.33	0.95	0.04	-
Currency Exchange Gain (Loss)	-0.06	-0.16	0.2	-0
Other Non Operating Income (Expenses)	8.84	-11.13	-	-
Pretax Income	10.47	-2.75	9.29	1.32
Net Income	10.47	-2.75	9.29	1.32
Preferred Dividends & Other Adjustments	-	5.34	0.76	-
Net Income to Common	10.47	-8.09	8.53	1.32
Net Income Growth	-	-	601.91%	-
Shares Outstanding (Basic)	0	0	-	-
Shares Outstanding (Diluted)	0	0	-	-
Shares Change (YoY)	2123.38%	-	-	-
EPS (Basic)	117.20	-514.66	-	-
EPS (Diluted)	3.98	-514.66	-	-
Free Cash Flow	3.84	23.35	1.34	-92.02
Free Cash Flow Per Share	10.99	1485.84	-	-
Gross Margin	63.29%	64.37%	71.99%	81.95%
Operating Margin	3.93%	23.79%	36.29%	16.79%
Profit Margin	30.13%	-19.12%	29.67%	16.78%
Free Cash Flow Margin	11.05%	55.21%	4.66%	-1166.46%
EBITDA	7.87	16.24	14.53	2.66
EBITDA Margin	22.63%	38.40%	50.57%	33.77%
D&A For EBITDA	6.5	6.18	4.1	1.34
EBIT	1.36	10.06	10.43	1.32
EBIT Margin	3.93%	23.79%	36.29%	16.79%
Revenue as Reported	34.76	42.3	28.74	7.89

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q