Icon Energy Corp. (ICON) 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 | Q4'23 | Q3'23 | Q4'22 | Q1'21 | Q4'20 | Q3'20 | Q2'20 | Q1'20 | Q4'19 | Q3'19 | Q2'19 | Q1'19 | Q4'18 |
|---|
| Sales/Revenue | 3.65M | 3.53M | 4.17M | 2.02M | 1.52M | 1.73M | 863K | 1.23M | 939K | 1.3M | 23.63M | 0 | 24.46M | 22.28M | 27.95M | 43.18M | 35.47M | 34.39M | 35.94M | 42.7M |
| Revenue Growth % | 139.08% | 104.63% | 383.78% | - | - | 40.64% | -8.09% | -5.68% | - | - | -15.44% | -100% | -31.04% | -35.23% | -22.23% | 1.11% | -23.26% | -31.5% | -25.97% | -18.34% |
| Cost of Goods Sold | 2.45M | 2.82M | 2.41M | 1.91M | 1.57M | 1.61M | 1.08M | 305K | 786K | 298K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| COGS % of Revenue | 67.11% | 79.74% | 57.82% | 94.56% | 103.28% | 93.28% | 125.03% | 24.84% | 83.71% | 22.89% | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 1.2M | 716K | 1.76M | 110K | -50K | 116K | -216K | 923K | 153K | 1M | 23.63M | 0 | 24.46M | 22.28M | 27.95M | 43.18M | 35.47M | 34.39M | 35.94M | 42.7M |
| Gross Margin % | 32.89% | 20.26% | 42.18% | 5.44% | -3.28% | 6.72% | -25.03% | 75.16% | 16.29% | 77.11% | 100% | - | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| Gross Profit Growth % | 2498% | 517.24% | 915.28% | - | - | -87.43% | -241.18% | -8.07% | - | - | -15.44% | -100% | -31.04% | -35.23% | -22.23% | 1.11% | -23.26% | -31.5% | -25.97% | -18.34% |
| Operating Expenses | 1.16M | 608K | 505K | 481K | 763K | 513K | 179K | 528K | 100K | 557K | 13.39M | 41.06M | 10.23M | 15.28M | 17.42M | 23.57M | 26.74M | 16.92M | 18.59M | 39.39M |
| OpEx % of Revenue | 31.76% | 17.2% | 12.1% | 23.79% | 50.03% | 29.7% | 20.74% | 43% | 10.65% | 42.78% | 56.66% | - | 41.82% | 68.61% | 62.33% | 54.59% | 75.38% | 49.19% | 51.71% | 92.24% |
| Selling, General & Admin | 709K | 243K | 153K | 197K | 490K | 234K | 99K | -19K | 31K | 3K | 13.39M | 84K | 10.23M | 15.28M | 17.42M | 23.57M | 26.74M | 16.92M | 18.59M | 34.43M |
| SG&A % of Revenue | 19.45% | 6.88% | 3.66% | 9.74% | 32.13% | 13.55% | 11.47% | -1.55% | 3.3% | 0.23% | 56.66% | - | 41.82% | 68.61% | 62.33% | 54.59% | 75.38% | 49.19% | 51.71% | 80.63% |
| 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 | 449K | 365K | 352K | 284K | 273K | 279K | 80K | 547K | 69K | 554K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K |
| Operating Income | 41K | 108K | 1.26M | -371K | -813K | -397K | -395K | 395K | 53K | 447K | 10.24M | -62.53M | 14.23M | 6.99M | 10.53M | 19.61M | 8.73M | 17.48M | 17.36M | 3.31M |
| Operating Margin % | 1.12% | 3.06% | 30.08% | -18.35% | -53.31% | -22.99% | -45.77% | 32.17% | 5.64% | 34.33% | 43.34% | - | 58.18% | 31.39% | 37.67% | 45.41% | 24.62% | 50.81% | 48.29% | 7.76% |
| Operating Income Growth % | 105.04% | 127.2% | 417.97% | - | - | -200.51% | -845.28% | -11.63% | - | - | -2.72% | -418.96% | 62.99% | -59.99% | -39.34% | 491.4% | -17.37% | 67.16% | 12.41% | -60.41% |
| EBITDA | 1.13M | 1.13M | 2.26M | 368K | -112K | -381K | -367K | 657K | 65K | 709K | 10.54M | -62.23M | 14.55M | 7.3M | 10.8M | 20.03M | 9.15M | 17.96M | 17.85M | 3.86M |
| EBITDA Margin % | 31.02% | 31.89% | 54.18% | 18.2% | -7.34% | -22.06% | -42.53% | 53.5% | 6.92% | 54.45% | 44.6% | - | 59.47% | 32.76% | 38.64% | 46.38% | 25.8% | 52.22% | 49.66% | 9.03% |
| EBITDA Growth % | 1109.82% | 395.8% | 716.35% | - | - | -157.99% | -664.62% | -7.33% | - | - | -2.42% | -410.72% | 58.97% | -59.36% | -39.48% | 419.4% | -17.34% | 61.98% | 10.9% | -57.22% |
| D&A (Non-Cash Add-back) | 1.09M | 1.02M | 1.01M | 739K | 701K | 0 | 0 | 262K | 12K | 262K | 298K | 302K | 315K | 306K | 273K | 423K | 419K | 482K | 492K | 541K |
| EBIT | 1.11M | -7K | 1.28M | -331K | -1.32M | -381K | -367K | 404K | 65K | 454K | 23.86M | -88.79M | 66.11M | 496K | -3.95M | -71.75M | -20.38M | 17.78M | 37.78M | -50.25M |
| Net Interest Income | -647K | -552K | -1.17M | -341K | -1.62M | -377K | -27K | 10K | 10K | 7K | -14.65M | -15.45M | -18.49M | -17.05M | -16.71M | -13.87M | 0 | 0 | 0 | 0 |
| Interest Income | 42K | 22K | 26K | 45K | 34K | 14K | 31K | 11K | 11K | 8K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 689K | 574K | 1.2M | 386K | 1.65M | 391K | 58K | 1K | 1K | 1K | 14.65M | 15.45M | 18.49M | 17.05M | 16.71M | 13.87M | 14.43M | 14.46M | 14.5M | 14.89M |
| Other Income/Expense | 376K | -689K | -1.18M | -346K | -2.16M | -375K | -30K | 8K | 11K | 6K | -3.79M | -38.29M | 32.55M | -25.3M | -32.02M | -107.8M | -50.56M | -7.14M | -1.1M | -68.46M |
| Pretax Income | 417K | -581K | 78K | -717K | -2.98M | -772K | -425K | 403K | 64K | 453K | 6.45M | -100.82M | 46.78M | -18.31M | -21.49M | -88.19M | -41.83M | 10.33M | 16.26M | -65.15M |
| Pretax Margin % | 11.44% | -16.44% | 1.87% | -35.46% | -195.21% | -44.7% | -49.25% | 32.82% | 6.82% | 34.79% | 27.29% | - | 191.24% | -82.17% | -76.88% | -204.25% | -117.92% | 30.04% | 45.23% | -152.55% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.26M | 8.04M | 915K | -871K | -5K | 6.83M | -585K | -130K | 1.97M | 6.67M |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 35.06% | -7.98% | 1.96% | 4.76% | 0.02% | -7.74% | 1.4% | -1.26% | 12.11% | -10.23% |
| Net Income | 417K | -581K | 78K | -717K | -2.98M | -772K | -425K | 403K | 64K | 453K | 4.19M | -101.92M | 45.87M | -17.43M | -21.48M | -95.02M | -35.71M | 1.27M | 17.95M | -69.08M |
| Net Margin % | 11.44% | -16.44% | 1.87% | -35.46% | -195.21% | -44.7% | -49.25% | 32.82% | 6.82% | 34.79% | 17.72% | - | 187.5% | -78.26% | -76.86% | -220.07% | -100.67% | 3.7% | 49.93% | -161.75% |
| Net Income Growth % | 114.01% | 24.74% | 118.35% | - | - | -291.56% | -764.06% | -11.04% | - | - | 119.49% | -7.26% | 228.45% | -1471.75% | -219.72% | -37.56% | -276.56% | 101.6% | -45.15% | -386.8% |
| Net Income (Continuing) | 417K | -581K | 78K | -717K | -2.98M | -772K | -425K | 403K | 64K | 453K | 4.19M | -108.86M | 45.87M | -17.43M | -21.48M | -95.02M | -35.71M | 1.27M | 17.95M | -69.08M |
| 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) | -0.33 | -1.17 | -0.63 | -1.10 | -2.42 | -0.63 | -0.71 | 0.33 | 0.05 | 0.37 | 999999.00 | -15.57 | 7.01 | -1.47 | -1.82 | -8.11 | -3.07 | 0.12 | 0.40 | -9.04 |
| EPS Growth % | 86.36% | -85.71% | 11.27% | - | - | -290.91% | -1465.38% | -10.81% | - | - | 99999900% | -91.99% | 328.34% | -1325% | -555% | 10.29% | -366.96% | 101% | -92.77% | -314.73% |
| EPS (Basic) | -0.33 | -1.17 | -0.63 | -1.10 | -2.42 | -0.63 | -0.71 | 0.33 | 0.05 | 0.37 | 999999.00 | -8.14 | 3.66 | -1.47 | -1.82 | -8.11 | -3.07 | 0.12 | 2.12 | -9.04 |
| Diluted Shares Outstanding | 2.43M | 1.23M | 1.23M | 1.23M | 1.23M | 1.23M | 1.23M | 1.23M | 1.23M | 1.23M | 1 | 6.54M | 6.54M | 11.86M | 11.77M | 11.72M | 11.63M | 10.38M | 8.56M | 7.64M |
| Basic Shares Outstanding | 2.43M | 1.23M | 1.23M | 1.23M | 1.23M | 1.23M | 1.23M | 1.23M | 1.23M | 1.23M | 1 | 12.52M | 12.52M | 11.86M | 11.77M | 11.72M | 11.63M | 10.38M | 8.46M | 7.64M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | 44.15% | - | - | - | - | - | - | - | - | - | - |