Global Ship Lease, Inc. (GSL) 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 | 198.08M | 190.95M | 192.67M | 188.54M | 187.76M | 181.43M | 172.55M | 173.5M | 179.56M | 177.38M | 173.01M | 160.4M | 155.93M | 156.59M | 163.23M | 143.89M | 140.78M | 135.17M | 113.97M | 80.91M |
| Revenue Growth % | 5.5% | 5.25% | 11.66% | 8.67% | 4.57% | 2.28% | -0.27% | 8.16% | 15.16% | 13.28% | 5.99% | 11.47% | 10.76% | 15.85% | 43.23% | 77.84% | 92.9% | 93.18% | 62.63% | 13.36% |
| Cost of Goods Sold | 91.81M | 93.57M | 89.71M | 85.91M | 86.33M | 82.33M | 77.97M | 77.11M | 77.37M | 76.74M | 76.13M | 72.26M | 69.4M | 72.78M | 66.66M | 66.82M | 63.65M | 48.4M | 38.71M | 43.38M |
| COGS % of Revenue | 46.35% | 49% | 46.56% | 45.57% | 45.98% | 45.38% | 45.19% | 44.44% | 43.09% | 43.26% | 44% | 45.05% | 44.51% | 46.48% | 40.83% | 46.44% | 45.22% | 35.81% | 33.96% | 53.61% |
| Gross Profit | 106.27M | 97.38M | 102.96M | 102.63M | 101.43M | 99.1M | 94.57M | 96.39M | 102.19M | 100.64M | 96.89M | 88.14M | 86.52M | 83.81M | 96.58M | 77.08M | 77.12M | 86.77M | 75.26M | 37.53M |
| Gross Margin % | 53.65% | 51% | 53.44% | 54.43% | 54.02% | 54.62% | 54.81% | 55.56% | 56.91% | 56.74% | 56% | 54.95% | 55.49% | 53.52% | 59.17% | 53.56% | 54.78% | 64.19% | 66.04% | 46.39% |
| Gross Profit Growth % | 4.77% | -1.74% | 8.87% | 6.47% | -0.74% | -1.53% | -2.39% | 9.36% | 18.11% | 20.07% | 0.32% | 14.35% | 12.19% | -3.4% | 28.32% | 105.36% | 123.25% | 211.91% | 148.76% | 14.02% |
| Operating Expenses | 8.85M | 9.66M | 3.75M | 865K | -27.07M | 3.09M | 2.38M | 2.55M | 5.09M | 21.78M | 2.73M | 3.03M | 1.43M | -1.32M | -5.15M | -6.51M | -6.62M | 4.57M | -4.38M | -7.87M |
| OpEx % of Revenue | 4.47% | 5.06% | 1.94% | 0.46% | -14.42% | 1.7% | 1.38% | 1.47% | 2.83% | 12.28% | 1.58% | 1.89% | 0.91% | -0.84% | -3.15% | -4.52% | -4.7% | 3.38% | -3.85% | -9.73% |
| Selling, General & Admin | 8.85M | 9.66M | 3.75M | 4.07M | 4.61M | 4.09M | 3.9M | 4.05M | 5.09M | 4.47M | 4.25M | 4.71M | 4.79M | 4.08M | 4.16M | 4.05M | 6.24M | 3.69M | 3.42M | 1.86M |
| SG&A % of Revenue | 4.47% | 5.06% | 1.94% | 2.16% | 2.45% | 2.26% | 2.26% | 2.33% | 2.83% | 2.52% | 2.46% | 2.94% | 3.07% | 2.6% | 2.55% | 2.82% | 4.43% | 2.73% | 3% | 2.3% |
| 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 | 0 | 0 | -1000K | -1000K | -1000K | -1000K | -1000K | 0 | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 883K | -1000K | -1000K |
| Operating Income | 97.42M | 87.72M | 99.22M | 101.76M | 128.5M | 96.01M | 92.19M | 93.84M | 97.1M | 78.85M | 94.16M | 85.11M | 85.1M | 85.13M | 101.72M | 83.59M | 83.74M | 82.2M | 79.64M | 45.4M |
| Operating Margin % | 49.18% | 45.94% | 51.5% | 53.97% | 68.44% | 52.92% | 53.43% | 54.09% | 54.08% | 44.46% | 54.42% | 53.06% | 54.58% | 54.37% | 62.32% | 58.09% | 59.48% | 60.81% | 69.88% | 56.12% |
| Operating Income Growth % | -24.19% | -8.64% | 7.62% | 8.44% | 32.34% | 21.76% | -2.09% | 10.26% | 14.1% | -7.38% | -7.44% | 1.82% | 1.62% | 3.57% | 27.72% | 84.09% | 176.63% | 218.03% | 176.22% | 52.97% |
| EBITDA | 130.89M | 122.46M | 133.27M | 132.09M | 155.08M | 126.75M | 115.64M | 118.38M | 121.37M | 109.81M | 116.62M | 107.28M | 102.92M | 138.51M | 112.94M | 103.86M | 90.74M | 83.08M | 84.73M | 58.54M |
| EBITDA Margin % | 66.08% | 64.13% | 69.17% | 70.06% | 82.59% | 69.86% | 67.02% | 68.23% | 67.59% | 61.91% | 67.41% | 66.88% | 66% | 88.46% | 69.19% | 72.18% | 64.45% | 61.46% | 74.34% | 72.35% |
| EBITDA Growth % | -15.6% | -3.38% | 15.25% | 11.58% | 27.77% | 15.43% | -0.84% | 10.35% | 17.93% | -20.72% | 3.26% | 3.29% | 13.42% | 66.72% | 33.3% | 77.42% | 115.26% | 122.13% | 108.29% | 41.88% |
| D&A (Non-Cash Add-back) | 33.47M | 34.74M | 34.05M | 30.33M | 26.58M | 30.74M | 23.45M | 24.54M | 24.27M | 30.95M | 22.46M | 22.17M | 17.82M | 53.38M | 11.22M | 20.27M | 7M | 883K | 5.08M | 13.14M |
| EBIT | 97.42M | 87.72M | 104.56M | 106.03M | 133.26M | 100.36M | 93.69M | 97.92M | 102.1M | 78.69M | 96.69M | 88.69M | 85.71M | 85.41M | 108.09M | 85.74M | 88.92M | 82.2M | 79.64M | 46.07M |
| Net Interest Income | -3.67M | -3.07M | -4.11M | -5.92M | -6.67M | -3.59M | -7.83M | -5.75M | -6.77M | -8.32M | -9.11M | -8.32M | -9.29M | -9.09M | -15.46M | -29.74M | -18.48M | -14.85M | -15.04M | -13.88M |
| Interest Income | 5.67M | 5.89M | 5.43M | 4.68M | 3.19M | 4.2M | 4.71M | 4.14M | 3.68M | 2.88M | 2.5M | 2.58M | 1.81M | 1.32M | 680K | 265K | 250K | 80K | 5K | 121K |
| Interest Expense | 9.34M | 8.96M | 9.54M | 10.6M | 9.87M | 7.79M | 12.54M | 9.89M | 10.45M | 11.2M | 11.62M | 10.9M | 11.1M | 10.4M | 16.14M | 30.01M | 18.73M | 14.93M | 15.05M | 14M |
| Other Income/Expense | -3.59M | 14.89M | -4.2M | -6.33M | -5.1M | -3.44M | -11.04M | -5.81M | -5.21M | -11.36M | -9.09M | -7.33M | -10.49M | -10.13M | -9.78M | -27.85M | -13.55M | -13.72M | -14.29M | -13.33M |
| Pretax Income | 93.83M | 102.61M | 95.02M | 95.44M | 123.39M | 92.56M | 81.15M | 88.03M | 91.89M | 67.49M | 85.07M | 77.78M | 74.6M | 75M | 91.94M | 55.73M | 70.19M | 68.48M | 65.36M | 32.08M |
| Pretax Margin % | 47.37% | 53.73% | 49.32% | 50.62% | 65.72% | 51.02% | 47.03% | 50.74% | 51.17% | 38.05% | 49.17% | 48.49% | 47.85% | 47.9% | 56.33% | 38.73% | 49.86% | 50.66% | 57.35% | 39.64% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1K | 0 | 443K | 0 | 5K | 0 | 0 | -50K | 0 | 0 | -2K | 58K | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.66% | 0% | 0.01% | 0% | 0% | -0.05% | 0% | 0% | -0% | 0.09% | 0% |
| Net Income | 93.83M | 102.61M | 95.02M | 95.44M | 123.39M | 92.56M | 81.15M | 88.03M | 91.89M | 67.05M | 85.07M | 77.78M | 74.6M | 75M | 92M | 55.73M | 70.19M | 68.48M | 65.3M | 32.08M |
| Net Margin % | 47.37% | 53.73% | 49.32% | 50.62% | 65.72% | 51.02% | 47.03% | 50.74% | 51.17% | 37.8% | 49.17% | 48.49% | 47.85% | 47.9% | 56.36% | 38.73% | 49.86% | 50.66% | 57.29% | 39.64% |
| Net Income Growth % | -23.96% | 10.85% | 17.09% | 8.42% | 34.28% | 38.05% | -4.61% | 13.18% | 23.17% | -10.61% | -7.53% | 39.55% | 6.29% | 9.53% | 40.89% | 73.76% | 1143.84% | 470.66% | 348.87% | 137.32% |
| Net Income (Continuing) | 93.83M | 102.61M | 95.02M | 95.44M | 123.39M | 92.56M | 81.15M | 88.03M | 91.89M | 67.05M | 85.07M | 77.78M | 74.6M | 75M | 92M | 55.73M | 70.19M | 68.48M | 65.3M | 32.08M |
| 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) | 2.50 | 2.79 | 2.59 | 2.61 | 3.40 | 2.55 | 2.22 | 2.43 | 2.51 | 1.84 | 2.34 | 2.13 | 1.98 | 2.01 | 2.53 | 0.80 | 1.98 | 1.81 | 1.74 | 0.83 |
| EPS Growth % | -26.47% | 9.41% | 16.67% | 7.41% | 35.46% | 38.59% | -5.13% | 14.08% | 26.77% | -8.46% | -7.51% | 166.25% | 0% | 11.05% | 45.4% | -3.61% | 1423.08% | 201.67% | 132% | 18.57% |
| EPS (Basic) | 2.54 | 2.79 | 2.59 | 2.61 | 3.40 | 2.55 | 2.22 | 2.43 | 2.54 | 1.84 | 2.34 | 2.13 | 2.02 | 2.01 | 2.53 | 0.80 | 1.99 | 1.81 | 1.74 | 0.83 |
| Diluted Shares Outstanding | 36.6M | 35.87M | 35.76M | 35.61M | 35.59M | 35.45M | 35.41M | 35.17M | 35.64M | 35.2M | 35.36M | 35.38M | 36.44M | 36.07M | 36.29M | 36.29M | 36.59M | 36.46M | 36.22M | 36.28M |
| Basic Shares Outstanding | 35.97M | 35.87M | 35.76M | 35.61M | 35.59M | 35.45M | 35.41M | 35.17M | 35.23M | 35.2M | 35.36M | 35.38M | 35.7M | 36.07M | 36.29M | 36.29M | 36.4M | 35.89M | 36.22M | 36.28M |
| Dividend Payout Ratio | 23.96% | 21.88% | 19.79% | 19.66% | 13% | 19.87% | 19.67% | 15.06% | 14.38% | 23.33% | 15.63% | 17.15% | 17.9% | 18.06% | 15.06% | 24.82% | 13.19% | 13.49% | 14.33% | 29.14% |