StealthGas Inc. (GASS) Reports Q1 2026 Results

On June 5, 2026, StealthGas Inc. (NASDAQ:GASS) reported Q1 nett income of $15.9 cardinal and basal EPS of $0.43 from $14.1 cardinal a twelvemonth earlier and $12.8 cardinal successful the anterior quarter. The institution said gross reached $42.8 million, increasing 2% YoY with a $2.5 cardinal summation from a vas merchantability completed successful March.

The steadfast said voyage expenses jumped to $6.1 cardinal from $5.1 cardinal with warfare hazard security due to the fact that of Middle East instability. Drydocking expenses soared to $2.5 cardinal from $0.4 cardinal arsenic 3 vessels entered yards.

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The corp reported $131.2 cardinal successful currency arsenic of March 31, 2026, and astir $100 cardinal successful contracted revenues. Chairman Michael Jolliffe said geopolitical disruption drove rates to caller all-time highs and that the institution sold older vessels portion "securing our fiscal flexibility."

StealthGas Inc. (NASDAQ:GASS) is progressive successful the proviso of planetary vigor seaborne proscription services to liquefied petroleum state markets.

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