Danaos Corporation (DAC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 253.7M | 266.26M | 260.73M | 262.15M | 253.31M | 258.18M | 256.18M | 246.31M | 253.45M | 249.31M | 239.22M | 241.48M | 243.57M | 252.48M | 260.04M | 250.92M | 229.9M | 215.04M | 195.91M | 146.43M |
| Revenue Growth % | 0.15% | 3.13% | 1.78% | 6.43% | -0.06% | 3.56% | 7.09% | 2% | 4.05% | -1.25% | -8.01% | -3.76% | 5.95% | 17.41% | 32.73% | 71.36% | 74.01% | 79.73% | 64.73% | 25.35% |
| Cost of Goods Sold | 103.14M | 48.44M | 76.91M | 108.6M | 109.86M | 100.11M | 105.59M | 95.15M | 97.32M | 89.42M | 80.78M | 82.17M | 80.05M | 81.25M | 83.65M | 83.78M | 79.71M | 78.26M | 73.74M | 64M |
| COGS % of Revenue | 40.66% | 18.19% | 29.5% | 41.43% | 43.37% | 38.78% | 41.22% | 38.63% | 38.4% | 35.86% | 33.77% | 34.03% | 32.87% | 32.18% | 32.17% | 33.39% | 34.67% | 36.4% | 37.64% | 43.71% |
| Gross Profit | 150.55M | 217.83M | 183.82M | 153.56M | 143.44M | 158.07M | 150.59M | 151.16M | 156.13M | 159.9M | 158.44M | 159.31M | 163.52M | 171.23M | 176.39M | 167.15M | 150.19M | 136.77M | 122.17M | 82.43M |
| Gross Margin % | 59.34% | 81.81% | 70.5% | 58.57% | 56.63% | 61.22% | 58.78% | 61.37% | 61.6% | 64.14% | 66.23% | 65.97% | 67.13% | 67.82% | 67.83% | 66.61% | 65.33% | 63.6% | 62.36% | 56.29% |
| Gross Profit Growth % | 4.96% | 37.81% | 22.07% | 1.59% | -8.13% | -1.15% | -4.96% | -5.12% | -4.52% | -6.62% | -10.18% | -4.69% | 8.88% | 25.19% | 44.37% | 102.78% | 111.5% | 121.95% | 97.21% | 38.05% |
| Operating Expenses | 25.36M | 94.9M | 53.77M | 28.02M | 23.19M | 29.28M | 18.91M | 11.18M | 15.7M | 27.93M | 11.84M | 11.69M | 9.04M | -19.17M | 10.24M | 10.34M | 10.11M | 21.14M | 9.91M | 9.68M |
| OpEx % of Revenue | 10% | 35.64% | 20.62% | 10.69% | 9.16% | 11.34% | 7.38% | 4.54% | 6.19% | 11.2% | 4.95% | 4.84% | 3.71% | -7.59% | 3.94% | 4.12% | 4.4% | 9.83% | 5.06% | 6.61% |
| Selling, General & Admin | 25.36M | 28.39M | 12.59M | 11.21M | 12.22M | 21.71M | 10.98M | 11.3M | 10.24M | 22.38M | 7.07M | 7.19M | 6.84M | 14.89M | 10.24M | 10.34M | 10.11M | 18.58M | 7.34M | 9.68M |
| SG&A % of Revenue | 10% | 10.66% | 4.83% | 4.27% | 4.83% | 8.41% | 4.29% | 4.59% | 4.04% | 8.98% | 2.96% | 2.98% | 2.81% | 5.9% | 3.94% | 4.12% | 4.4% | 8.64% | 3.75% | 6.61% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -122K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 0 | 0 | 0 | 1000K | 1000K | 0 |
| Operating Income | 125.2M | 122.92M | 130.05M | 125.54M | 120.25M | 128.79M | 131.68M | 139.98M | 140.43M | 131.97M | 146.59M | 147.62M | 154.48M | 190.4M | 166.15M | 156.81M | 140.08M | 115.64M | 112.26M | 72.75M |
| Operating Margin % | 49.35% | 46.17% | 49.88% | 47.89% | 47.47% | 49.88% | 51.4% | 56.83% | 55.41% | 52.93% | 61.28% | 61.13% | 63.42% | 75.41% | 63.89% | 62.49% | 60.93% | 53.77% | 57.3% | 49.68% |
| Operating Income Growth % | 4.11% | -4.55% | -1.24% | -10.32% | -14.37% | -2.41% | -10.17% | -5.17% | -9.09% | -30.69% | -11.77% | -5.86% | 10.28% | 64.65% | 48% | 115.53% | 143.15% | 119.94% | 112.89% | 43.34% |
| EBITDA | 178.36M | 164.39M | 181.99M | 177.75M | 160.28M | 169.16M | 170.41M | 174.33M | 170.8M | 161.08M | 174.5M | 173.67M | 179.47M | 212.97M | 203.37M | 193.76M | 176.16M | 131.35M | 133.95M | 101.4M |
| EBITDA Margin % | 70.3% | 61.74% | 69.8% | 67.8% | 63.27% | 65.52% | 66.52% | 70.78% | 67.39% | 64.61% | 72.95% | 71.92% | 73.68% | 84.35% | 78.21% | 77.22% | 76.62% | 61.08% | 68.37% | 69.24% |
| EBITDA Growth % | 11.28% | -2.82% | 6.8% | 1.97% | -6.16% | 5.02% | -2.35% | 0.38% | -4.83% | -24.37% | -14.2% | -10.37% | 1.88% | 62.14% | 51.82% | 91.09% | 105.03% | 67.31% | 70.65% | 33.4% |
| D&A (Non-Cash Add-back) | 53.16M | 41.46M | 51.94M | 52.21M | 40.03M | 40.38M | 38.73M | 34.34M | 30.36M | 29.11M | 27.91M | 26.06M | 24.99M | 22.57M | 37.23M | 36.95M | 36.08M | 15.71M | 21.69M | 28.64M |
| EBIT | 125.2M | 133.36M | 140.1M | 141.59M | 125.15M | 100.37M | 131.01M | 146.26M | 153.62M | 153.47M | 137.46M | 152.9M | 152.92M | 165.7M | 86.69M | 26.9M | 361.4M | 189.47M | 239.41M | 389.46M |
| Net Interest Income | -5.17M | -6.97M | -5.64M | -7.02M | -7.38M | -6.93M | -5.83M | -2.18M | -1.07M | -1.75M | -2.45M | -3.43M | -4.97M | -10.33M | -14.8M | -16.3M | -17.72M | -17.21M | -18.04M | -9.26M |
| Interest Income | 7.56M | 8.47M | 3.81M | 3.66M | 3.6M | 3.91M | 3.12M | 2.92M | 2.94M | 2.72M | 3.09M | 3.6M | 2.72M | 3.15M | 1.32M | 120K | 1K | 569K | 152K | 9.53M |
| Interest Expense | 12.73M | 15.44M | 9.45M | 10.68M | 10.99M | 10.84M | 8.96M | 5.11M | 4.01M | 4.47M | 5.54M | 7.03M | 7.7M | 13.47M | 16.12M | 16.41M | 17.72M | 17.78M | 18.19M | 18.79M |
| Other Income/Expense | 15.22M | -5.01M | 598K | 5.36M | -5.1M | -38.36M | -8.68M | 1.17M | 10.06M | 17.95M | -13.44M | -594K | -8.28M | -37.68M | -95.58M | -146.32M | 203.6M | 50.36M | 109.06M | 300.08M |
| Pretax Income | 140.42M | 117.91M | 130.65M | 130.9M | 115.15M | 90.43M | 123M | 141.15M | 150.5M | 149.92M | 133.16M | 147.02M | 146.2M | 152.72M | 70.57M | 10.49M | 343.68M | 166M | 221.32M | 372.84M |
| Pretax Margin % | 55.35% | 44.28% | 50.11% | 49.93% | 45.46% | 35.02% | 48.01% | 57.31% | 59.38% | 60.13% | 55.66% | 60.88% | 60.02% | 60.49% | 27.14% | 4.18% | 149.49% | 77.19% | 112.97% | 254.61% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.77M | 2.26M | 12.22M | 0 | 4.09M | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 5.34% | 21.57% | 3.56% | 0% | 1.85% | 0% |
| Net Income | 140.42M | 117.91M | 130.65M | 130.9M | 115.15M | 90.43M | 123M | 141.15M | 150.5M | 149.92M | 133.16M | 147.02M | 146.2M | 152.72M | 66.8M | 8.22M | 331.46M | 166M | 217.23M | 372.84M |
| Net Margin % | 55.35% | 44.28% | 50.11% | 49.93% | 45.46% | 35.02% | 48.01% | 57.31% | 59.38% | 60.13% | 55.66% | 60.88% | 60.02% | 60.49% | 25.69% | 3.28% | 144.18% | 77.19% | 110.88% | 254.61% |
| Net Income Growth % | 21.95% | 30.4% | 6.22% | -7.26% | -23.49% | -39.68% | -7.63% | -3.99% | 2.94% | -1.83% | 99.34% | 1687.71% | -55.89% | -8% | -69.25% | -97.79% | 11.69% | 284.44% | 407.71% | 868.51% |
| Net Income (Continuing) | 140.42M | 117.91M | 130.65M | 130.9M | 115.15M | 90.43M | 123M | 141.15M | 150.5M | 149.92M | 133.16M | 147.02M | 146.2M | 152.72M | 66.8M | 8.22M | 331.46M | 166M | 217.23M | 372.84M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 7.70 | 6.42 | 7.11 | 7.12 | 6.13 | 4.66 | 6.30 | 7.23 | 7.68 | 7.70 | 6.76 | 7.32 | 7.18 | 7.52 | 3.29 | 0.40 | 16.00 | 7.58 | 10.55 | 18.10 |
| EPS Growth % | 25.61% | 37.77% | 12.86% | -1.52% | -20.18% | -39.48% | -6.8% | -1.23% | 6.96% | 2.39% | 105.47% | 1730% | -55.13% | -0.79% | -68.82% | -97.79% | 10.57% | 330.68% | 509.83% | 1067.74% |
| EPS (Basic) | 7.71 | 6.43 | 7.14 | 7.14 | 6.14 | 4.68 | 6.36 | 7.30 | 7.75 | 7.73 | 6.76 | 7.32 | 7.18 | 7.53 | 3.29 | 0.40 | 16.02 | 7.58 | 10.67 | 18.32 |
| Diluted Shares Outstanding | 18.23M | 18.37M | 18.38M | 18.4M | 18.78M | 19.22M | 19.52M | 19.52M | 19.58M | 19.46M | 19.69M | 20.08M | 20.35M | 20.3M | 20.32M | 20.71M | 20.72M | 20.35M | 20.6M | 20.6M |
| Basic Shares Outstanding | 18.21M | 18.33M | 18.31M | 18.34M | 18.75M | 19.16M | 19.34M | 19.35M | 19.41M | 19.41M | 19.69M | 20.08M | 20.35M | 20.28M | 20.3M | 20.69M | 20.7M | 20.35M | 20.35M | 20.35M |
| Dividend Payout Ratio | 11.66% | 13.88% | 12.64% | 12.81% | 13.8% | 18.05% | 12.58% | 10.96% | 10.32% | 9.94% | 11.18% | 10.42% | 10.44% | 10.51% | 19.99% | 188.9% | 4.69% | 5.79% | 4.58% | 2.76% |