Navigator Gas Q2 FY26 net income more than doubles to USD 53 million; revenue rises 29.5% to USD 167.94 million
NVGS•NVGS•NVGS•NVGS•Navigator agreed to sell eight Unigas vessels and its Unigas stake for about $183 million.
Navigator Holdings posted operating revenues of $167.94 million in Q2 2026, up 29.5% year over year.
Net income attributable to stockholders more than doubled to $52.99 million; basic EPS rose to $0.86.
EBITDA climbed to $101.58 million; average daily TCE rate increased to $33,946 from $28,216.
The board declared a $0.07 per share dividend, about $4.3 million in total, payable Sept. 1.
Navigator expects about $14.2 million of share repurchases by Sept. 30.
