StealthGas Q2 FY26 net income falls 15.37% to USD 17.3 million; revenue drops to USD 42.9 million - GASS News | RalliesStealthGas Q2 FY26 net income falls 15.37% to USD 17.3 million; revenue drops to USD 42.9 million
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GASS• Second-quarter results and liquidity
- StealthGas posted Q2 net income of USD 17.3 million, down 15.39% year over year; EPS fell to USD 0.46.
- Revenue slipped 9.16% from a year earlier to USD 42.9 million, reflecting a smaller fleet versus Q2 2025.
- EBITDA declined 17.99% to USD 22.07 million; average daily TCE was USD 15,709 with weaker results for smaller ships.
- Liquidity totaled USD 168.3 million at June 30, 2026, later rising above USD 250 million after an insurance-claim resolution.
- About 60% of remaining 2026 fleet days are covered on period charters, with roughly USD 90 million in contracted revenue.
