Performance Shipping Inc. (PSHG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q1'21 |
|---|
| Sales/Revenue | 26.16M | 18.54M | 18.14M | 21.33M | 21.68M | 22.89M | 20.51M | 22.37M | 23.84M | 24.11M | 31.46M | 29.53M | 27.77M | 22.13M | 16.71M | 8.57M | 9.65M | 9.33M | 9.12M | 8.4M |
| Revenue Growth % | 20.67% | -19.01% | -11.53% | -4.64% | -9.07% | -5.08% | -34.8% | -24.24% | -14.14% | 8.96% | 88.28% | 244.62% | 187.83% | 137.18% | 83.27% | 2.04% | 33.89% | -2.22% | -43.14% | -37.82% |
| Cost of Goods Sold | 12.78M | 7.11M | 8.22M | 9.91M | 10.32M | 8.91M | 9.13M | 8.98M | 10.65M | 10.05M | 9.94M | 10.37M | 9.79M | 9.08M | 10.38M | 8.72M | 9.8M | 9.73M | 9.82M | 9.63M |
| COGS % of Revenue | 48.87% | 38.33% | 45.33% | 46.48% | 47.59% | 38.92% | 44.51% | 40.13% | 44.68% | 41.69% | 31.6% | 35.12% | 35.27% | 41.02% | 62.1% | 101.77% | 101.61% | 104.27% | 107.7% | 114.68% |
| Gross Profit | 13.38M | 11.43M | 9.92M | 11.42M | 11.36M | 13.98M | 11.38M | 13.39M | 13.19M | 14.06M | 21.52M | 19.16M | 17.97M | 13.05M | 6.33M | -152K | -155K | -398K | -702K | -1.23M |
| Gross Margin % | 51.13% | 61.67% | 54.67% | 53.52% | 52.41% | 61.08% | 55.49% | 59.87% | 55.32% | 58.31% | 68.4% | 64.88% | 64.73% | 58.98% | 37.9% | -1.77% | -1.61% | -4.27% | -7.7% | -14.68% |
| Gross Profit Growth % | 17.74% | -18.23% | -12.84% | -14.75% | -13.86% | -0.56% | -47.11% | -30.08% | -26.62% | 7.72% | 239.78% | 12702.63% | 11695.48% | 3379.4% | 1001.99% | 87.67% | -4.03% | -117.32% | -109.93% | -124.66% |
| Operating Expenses | 3.21M | 6.5M | 1.75M | -17.32M | 2.4M | 2.19M | 1.57M | 2.12M | 2.63M | 1.98M | 1.75M | 1.66M | 2.06M | 1.42M | 1.78M | 1.51M | 1.47M | 1.31M | 1.48M | 1.51M |
| OpEx % of Revenue | 12.28% | 35.04% | 9.64% | -81.2% | 11.09% | 9.56% | 7.67% | 9.49% | 11.03% | 8.22% | 5.57% | 5.63% | 7.42% | 6.4% | 10.66% | 17.6% | 15.22% | 14.03% | 16.22% | 17.98% |
| Selling, General & Admin | 3.21M | 2.64M | 1.75M | 2.1M | 2.48M | 2.12M | 1.57M | 2.12M | 2.63M | 1.98M | 1.75M | 1.66M | 2.05M | 1.42M | 1.78M | 1.51M | 1.47M | 1.3M | 1.51M | 1.5M |
| SG&A % of Revenue | 12.28% | 14.22% | 9.66% | 9.86% | 11.45% | 9.26% | 7.67% | 9.49% | 11.03% | 8.22% | 5.57% | 5.63% | 7.37% | 6.4% | 10.66% | 17.6% | 15.22% | 13.97% | 16.52% | 17.9% |
| 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 | -3K | -1000K | -80K | 70K | 0 | 0 | 0 | 0 | 0 | 0 | 15K | 0 | 0 | 0 | 0 | 5K | -27K | 0 |
| Operating Income | 10.16M | 4.94M | 8.17M | 28.74M | 8.96M | 11.79M | 9.81M | 11.27M | 26.21M | 12.05M | 19.8M | 17.48M | 15.91M | 11.69M | 4.5M | -1.64M | -1.75M | -1.72M | -2.2M | -2.79M |
| Operating Margin % | 38.86% | 26.63% | 45.03% | 134.72% | 41.32% | 51.52% | 47.82% | 50.37% | 109.94% | 49.97% | 62.93% | 59.2% | 57.31% | 52.84% | 26.95% | -19.09% | -18.14% | -18.41% | -24.11% | -33.27% |
| Operating Income Growth % | 13.48% | -58.13% | -16.7% | 155.04% | -65.83% | -2.14% | -50.46% | -35.53% | 64.72% | 3.05% | 339.6% | 1168.46% | 1009.26% | 780.62% | 304.87% | 41.45% | 9.84% | -312.36% | -142.76% | -259.75% |
| EBITDA | 14.93M | 8.13M | 11.32M | 31.94M | 12.36M | 15.13M | 13.11M | 14.57M | 29.73M | 15.86M | 23.57M | 21.17M | 18.63M | 14.19M | 6.56M | 377K | 162K | 190K | -362K | -978K |
| EBITDA Margin % | 57.09% | 43.88% | 62.37% | 149.71% | 57.01% | 66.09% | 63.91% | 65.12% | 124.69% | 65.78% | 74.94% | 71.69% | 67.08% | 64.11% | 39.27% | 4.4% | 1.68% | 2.04% | -3.97% | -11.65% |
| EBITDA Growth % | 20.85% | -46.23% | -13.66% | 119.21% | -58.43% | -4.62% | -44.4% | -31.17% | 59.59% | 11.78% | 259.33% | 5514.85% | 11398.15% | 7367.89% | 1912.15% | 138.55% | -85.21% | -89.02% | -105.97% | -136.63% |
| D&A (Non-Cash Add-back) | 4.77M | 3.2M | 3.15M | 3.2M | 3.4M | 3.34M | 3.3M | 3.3M | 3.52M | 3.81M | 3.78M | 3.69M | 2.71M | 2.5M | 2.06M | 2.01M | 1.91M | 1.91M | 1.84M | 1.82M |
| EBIT | 10.43M | 4.96M | 9.12M | 29.46M | 9.72M | 12.63M | 10.63M | 12.1M | 26.92M | 12.65M | 20.67M | 18.78M | 25.1M | 11.79M | 4.5M | -1.64M | -1.61M | -1.72M | -2.59M | -2.39M |
| Net Interest Income | -1.45M | -1.02M | 975K | 683K | 746K | 623K | 373K | 168K | -857K | -1.28M | -1.42M | -2.74M | -1.59M | -1.02M | -633K | -444K | -437K | -438K | -449K | -459K |
| Interest Income | 1.42M | 1.67M | 1.02M | 718K | 765K | 841K | 816K | 833K | 1.1M | 999K | 858K | 348K | 171K | 100K | 12K | 1K | 2K | 3K | 5K | 8K |
| Interest Expense | 2.87M | 2.69M | 44K | 35K | 19K | 218K | 443K | 665K | 1.96M | 2.28M | 2.28M | 3.08M | 1.76M | 1.12M | 645K | 445K | 439K | 441K | 454K | 467K |
| Other Income/Expense | -2.6M | -1.02M | 905K | 687K | 747K | 619K | 378K | 173K | -1.25M | -1.68M | -1.41M | -1.78M | -1.59M | -1.02M | -633K | -444K | -300K | -438K | -448K | -59K |
| Pretax Income | 7.56M | 3.91M | 9.07M | 29.43M | 9.7M | 12.41M | 10.19M | 11.43M | 24.96M | 10.37M | 18.39M | 15.7M | 23.84M | 10.68M | 3.87M | -2.08M | -2.05M | -2.16M | -3.05M | -2.85M |
| Pretax Margin % | 28.9% | 21.1% | 50.01% | 137.94% | 44.77% | 54.22% | 49.66% | 51.1% | 104.71% | 43% | 58.46% | 53.15% | 85.85% | 48.24% | 23.16% | -24.28% | -21.25% | -23.11% | -33.42% | -33.98% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -171K | 0 | 0 | 0 | 0 | 0 | 32K | 408K |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -0.72% | 0% | 0% | 0% | 0% | 0% | -1.05% | -14.3% |
| Net Income | 7.56M | 3.91M | 9.07M | 29.43M | 9.7M | 12.41M | 10.19M | 11.43M | 24.96M | 10.37M | 18.39M | 15.7M | 23.84M | 10.4M | 3.66M | -2.06M | -2.05M | -2.16M | -2.65M | -2.85M |
| Net Margin % | 28.9% | 21.1% | 50.01% | 137.94% | 44.77% | 54.22% | 49.66% | 51.1% | 104.7% | 43% | 58.46% | 53.15% | 85.84% | 47.01% | 21.92% | -23.98% | -21.25% | -23.11% | -29.04% | -33.98% |
| Net Income Growth % | -22.09% | -68.48% | -10.91% | 157.43% | -61.12% | 19.69% | -44.61% | -27.17% | 4.72% | -0.34% | 402.13% | 863.75% | 1262.68% | 582.56% | 238.35% | 27.97% | 19.54% | -654.24% | -157.04% | -320.31% |
| Net Income (Continuing) | 7.56M | 3.91M | 9.07M | 29.43M | 9.7M | 12.41M | 10.19M | 11.43M | 24.96M | 10.37M | 18.39M | 15.7M | 23.84M | 10.68M | 3.87M | -2.08M | -2.05M | -2.16M | -2.65M | -3.25M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 400K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.19 | 0.09 | 0.69 | 0.75 | 0.24 | 0.30 | 0.25 | 0.28 | 0.62 | 0.26 | 0.45 | 1.79 | 0.70 | 1.52 | 16.42 | -9.21 | -6.11 | -6.43 | -7.89 | -8.55 |
| EPS Growth % | -20.83% | -70.47% | 176% | 167.86% | -61.29% | 15.38% | -44.44% | -84.36% | -11.43% | -82.89% | -97.26% | 119.44% | 111.46% | 123.64% | 308.11% | -7.72% | 20.65% | -635.83% | -155.96% | -310.59% |
| EPS (Basic) | 0.57 | 0.28 | 0.69 | 2.33 | 0.74 | 0.96 | 0.79 | 0.89 | 2.03 | 0.88 | 1.53 | 2.30 | 2.31 | 1.52 | 16.42 | -9.21 | -6.16 | -6.43 | -7.89 | -8.55 |
| Diluted Shares Outstanding | 39.33M | 39M | 12.43M | 38.68M | 39.04M | 39.22M | 39.36M | 39.08M | 39.39M | 38.62M | 40.01M | 8.76M | 4.07M | 6.85M | 223.04K | 223.04K | 335.51K | 335.49K | 335.49K | 333.83K |
| Basic Shares Outstanding | 12.43M | 39M | 12.43M | 12.43M | 12.43M | 12.43M | 12.32M | 12.28M | 12.1M | 11.26M | 11.73M | 6.82M | 4.07M | 6.85M | 223.04K | 223.04K | 332.66K | 335.49K | 335.49K | 333.64K |
| Dividend Payout Ratio | 24.22% | - | - | - | - | - | 8.97% | - | 7.53% | 9.24% | 5.21% | - | 1.87% | 4.77% | - | - | - | - | - | - |