Himalaya Shipping Ltd. (HSHP)

Himalaya Shipping Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	131.9	123.6	36.7
Revenue Growth (YoY)	6.71%	236.78%	-
Cost of Revenue	29.6	25.4	9.2
Gross Profit	102.3	98.2	27.5
Selling, General & Admin	4.9	5	3.8
Depreciation & Amortization Expenses	29.2	26.5	9.1
Total Operating Expenses	34.1	31.5	12.9
Operating Income	68.2	66.7	14.6
Interest Income	1	1	0.8
Interest Expense	-51.4	-46.6	-13.6
Other Non-Operating Income (Expense)	-0.1	-	-0.3
Total Non-Operating Income (Expense)	-50.5	-45.6	-13.1
Pretax Income	17.7	21.1	1.5
Net Income	17.7	21.1	1.5
Net Income to Common	17.7	21.1	1.5
Net Income Growth	-16.11%	1306.67%	-
Shares Outstanding (Basic)	46	44	39
Shares Outstanding (Diluted)	46	44	39
Shares Change (YoY)	4.80%	13.62%	-
EPS (Basic)	0.38	0.48	0.04
EPS (Diluted)	0.38	0.48	0.04
EPS Growth	-20.83%	1100.00%	-
Shares Outstanding	46.65	43.9	43.9
Free Cash Flow	51.7	-257.2	-406.6
Free Cash Flow Per Share	1.12	-5.86	-10.52
Gross Margin	77.56%	79.45%	74.93%
Operating Margin	51.71%	53.96%	39.78%
Profit Margin	13.42%	17.07%	4.09%
FCF Margin	39.20%	-208.09%	-1107.90%
EBITDA	97.4	93.2	23.7
EBITDA Margin	73.84%	75.40%	64.58%
EBIT	68.2	66.7	14.6
EBIT Margin	51.71%	53.96%	39.78%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q