Hafnia 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,313	2,904	2,717	1,967	834.39
Revenue Growth (YoY)	-20.35%	6.89%	38.11%	135.74%	-6.99%
Cost of Revenue	1,669	1,832	1,634	900.54	639.66
Gross Profit	644.36	1,072	1,082	1,066	194.74
Depreciation & Amortization Expenses	202.13	215.11	211.03	209.22	151.68
Other Operating Expenses	97.11	107.97	125.66	85.01	38.04
Total Operating Expenses	299.24	323.08	336.69	294.23	189.72
Operating Income	369.59	805.73	857.95	823.21	-4.86
Interest Income	13.5	16.32	17.63	6.98	2.36
Interest Expense	-52.49	-54.44	-83.28	-93.56	-43.5
Other Non-Operating Income (Expense)	11.58	10.85	7.23	21.64	-5.1
Total Non-Operating Income (Expense)	-27.41	-27.27	-58.42	-64.95	-46.25
Pretax Income	342.18	778.45	799.53	758.27	-51.1
Provision for Income Taxes	-	4.42	6.25	6.68	4.39
Net Income	339.68	774.04	793.28	751.59	-55.49
Net Income to Common	339.68	774.04	793.28	751.59	-55.49
Net Income Growth	-56.12%	-2.43%	5.55%	-	-
Shares Outstanding (Basic)	498	510	505	478	363
Shares Outstanding (Diluted)	504	515	509	489	363
Shares Change (YoY)	-2.13%	1.26%	4.01%	34.69%	-0.34%
EPS (Basic)	0.68	1.52	1.57	1.57	-0.15
EPS (Diluted)	0.67	1.50	1.56	1.54	-0.15
EPS Growth	-55.33%	-3.85%	1.30%	-	-
Shares Outstanding	497.99	502.92	-	-	-
Free Cash Flow	456.69	980.76	876.41	327.95	79.78
Free Cash Flow Growth	-53.44%	11.91%	167.24%	311.10%	-77.27%
Free Cash Flow Per Share	0.91	1.90	1.72	0.67	0.22
Dividends Per Share	0.546	1.158	1.004	0.803	-
Dividend Growth	-52.86%	15.36%	24.97%	-	-
Gross Margin	27.86%	36.91%	39.84%	54.22%	23.34%
Operating Margin	15.98%	27.75%	31.58%	41.85%	-0.58%
Profit Margin	14.79%	26.66%	29.20%	38.21%	-6.65%
FCF Margin	19.74%	33.77%	32.26%	16.67%	9.56%
EBITDA	571.72	1,021	1,069	1,032	146.82
EBITDA Margin	24.72%	35.15%	39.35%	52.49%	17.60%
EBIT	369.59	805.73	857.95	823.21	-4.86
EBIT Margin	15.98%	27.75%	31.58%	41.85%	-0.58%
Effective Tax Rate	0.00%	0.57%	0.78%	0.88%	-8.59%

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q