Jun 2026 (Q2 FY26) — Jul 29, 2026
Ardmore Shipping Q2 FY26 — Strong Product Tanker Market Drives High Earnings and Shareholder Returns
Read the full callArdmore Shipping earnings: last reported Wed, 29 Jul 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 87.9 | +18.8% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Mar 2026 | Not in the filed figures for the quarter to mar 2026. No older figure is substituted. | ||
| Net profit | 23.6 | +277.1% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
Price
1Y: $10.92 on 14 Oct 2025 → $18.98. High $20.13 (13 Oct 2026), low $10.45 (2 Jan 2026).
Overview
Call summaries
Ardmore Shipping Q2 FY26 — Strong Product Tanker Market Drives High Earnings and Shareholder Returns
Read the full callEvery analysed call
Financials
Net profit, year on year: +277% (quarter to mar 2026 against mar 2025).
| Line item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 121 | 96 | 82 | 74 | 72 | 81 | 83 | 88 |
| Interest | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 62 | 24 | 11 | 6 | 10 | 13 | 12 | 24 |
| Tax rate | 0.1% | 0.3% | 0.1% | 0.4% | 0.4% | 1.1% | 0.3% | 0.2% |
| Net profit | 63 | 24 | 7 | 6 | 10 | 13 | 12 | 24 |
| EPS ($ per share) | 1.48 | 0.55 | — | 0.14 | 0.22 | 0.30 | — | 0.58 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | -53 | -76 | -82 | -120 | 15 | 81 | 165 | 189 |
| Total liabilities | 498 | 446 | 432 | 396 | 217 | 117 | 69 | 154 |
| Fixed assets | 721 | 661 | 631 | 603 | 531 | 524 | 546 | 638 |
| Total assets | 845 | 772 | 752 | 725 | 724 | 691 | 705 | 789 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 9 | 20 | 46 | -3 | 124 | 160 | 160 | 82 |
| Cash from investing | -18 | 24 | -21 | 2 | 35 | -27 | -33 | -121 |
| Cash from financing | 26 | -50 | -18 | -2 | -164 | -137 | -127 | 39 |
| Capital expenditure | -0 | — | — | — | — | — | — | — |
| Free cash flow | 9 | — | — | — | — | — | — | — |
15 filings between May 5, 2026 and Jun 17, 2026.
Purchases
None
No insider bought shares.
Sales
$1.13M
9 sales by 5 insiders
11% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 1 code l.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| McWilliams Curtis B | — | $386.3K | May 18, 2026 |
| O'Driscoll Aideen Siobhan | — | $300.5K | May 12, 2026 |
| Tikka Kirsi | — | $227.2K | May 12, 2026 |
| Kelleher Bart B | — | $152.6K | May 5, 2026 |
| de Jong Helen Johanna | — | $66.4K | May 15, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jun 17, 2026 | Fok James Alistair Director | Option exercise | 8,474 | $0 |
| Jun 17, 2026 | BERGLUND MATS Director | Option exercise | 8,474 | $0 |
| Jun 17, 2026 | McWilliams Curtis B Director | Option exercise | 15,360 | $0 |
| Jun 17, 2026 | de Jong Helen Johanna Director | Option exercise | 8,474 | $0 |
| Jun 17, 2026 | Tikka Kirsi Director | Option exercise | 8,474 | $0 |
| Jun 15, 2026 | Fok James Alistair Director | Code L | 257 | $4.4K |
| May 18, 2026 | McWilliams Curtis B Director | Sale | 16,277 | $315.4K |
| May 15, 2026 | McWilliams Curtis B Director | Sale | 848 | $16.1K |
| May 15, 2026 | de Jong Helen Johanna Director | Sale | 1,534 | $29.0K |
| May 13, 2026 | McWilliams Curtis B Director | Sale | 303 | $5.8K |
| May 12, 2026 | de Jong Helen Johanna Director | Sale | 1,966 | $37.4K |
| May 12, 2026 | McWilliams Curtis B Director | Sale | 2,572 | $49.0K |
| May 12, 2026 | O'Driscoll Aideen Siobhan SVP & Sr. Dir. of Corp. Svcs | Sale | 15,848 | $300.5K |
| May 12, 2026 | Tikka Kirsi Director | Sale | 12,000 | $227.2K |
| May 5, 2026 | Kelleher Bart B President | Sale 10b5-1 plan | 8,000 | $152.6K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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