# Ardmore Shipping (ASC) — Earnings

ASC · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/asc/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $1.18 |
| EPS estimate | $1.11 |
| EPS surprise | +6.62% |
| Revenue surprise | +34.66% |
| Revenue | $116.2M |
| Revenue estimate | $86.3M |
| Reported | Jul 29, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1577437/000110465926087834/asc-20260630x6k.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/fd554d05-4979-16a6-0bf8-63ad76bea946.html) |

Ardmore Shipping reported Q2 2026 results on July 29, 2026. Earnings per share came in at $1.18, ahead of the $1.11 estimate by 6.62%. Revenue was $116.2 million against an $86.3 million consensus, a 34.66% beat. Compared with Q2 2025, EPS rose from $0.22, more than five times higher, and revenue grew 61.4% from $72.0 million.

The table covers 20 quarters and shows wide swings. Ardmore posted losses in Q3 2021, Q4 2021 and Q1 2022, then earned its highest results here in Q3 2022, at $1.54 per share on $142.4 million of revenue. Annual EPS was $3.62 in 2022, $2.73 in 2023 and $2.85 in 2024, before falling to $0.95 in 2025. The first half of 2026 already adds up to $1.76, against $0.36 a year earlier. Ardmore topped the EPS estimate in all 20 quarters shown, and revenue came in above the consensus in 18 of them.

Ardmore has reported its third-quarter results in early November in each of the past five years, between November 2 and November 10. That points to early November 2026 for the Q3 2026 report. It will show whether earnings stay near the levels of the first half.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 29, 2026 | $1.11 | $1.18 | 6.62% | $86.3M | $116.2M |
| Q1 2026 | May 7, 2026 | $0.51 | $0.58 | 12.75% | $58.1M | $87.9M |
| Q4 2025 | Feb 12, 2026 | $0.27 | $0.28 | 3.70% | $53.6M | $82.9M |
| Q3 2025 | Nov 5, 2025 | $0.27 | $0.31 | 14.73% | $48.4M | $81.2M |
| Q2 2025 | Jul 30, 2025 | $0.18 | $0.22 | 19.57% | $44.9M | $72.0M |
| Q1 2025 | May 7, 2025 | $0.13 | $0.14 | 12.00% | $43.0M | $74.0M |
| Q4 2024 | Feb 13, 2025 | $0.21 | $0.25 | 20.48% | $49.7M | $82.0M |
| Q3 2024 | Nov 6, 2024 | $0.51 | $0.55 | 8.91% | $65.1M | $96.1M |
| Q2 2024 | Jul 31, 2024 | $1.06 | $1.13 | 6.34% | $80.5M | $121.3M |
| Q1 2024 | May 8, 2024 | $0.86 | $0.92 | 6.75% | $72.5M | $106.3M |
| Q4 2023 | Feb 15, 2024 | $0.61 | $0.63 | 3.43% | $62.7M | $98.9M |
| Q3 2023 | Nov 7, 2023 | $0.44 | $0.49 | 11.85% | $53.5M | $86.9M |
| Q2 2023 | Aug 1, 2023 | $0.56 | $0.57 | 2.65% | $60.6M | $91.9M |
| Q1 2023 | May 9, 2023 | $1.00 | $1.04 | 3.59% | $78.6M | $118.2M |
| Q4 2022 | Feb 14, 2023 | $1.24 | $1.30 | 4.63% | $87.8M | $132.8M |
| Q3 2022 | Nov 2, 2022 | $1.44 | $1.54 | 6.94% | $89.7M | $142.4M |
| Q2 2022 | Jul 27, 2022 | $0.72 | $0.81 | 11.74% | $60.5M | $107.1M |
| Q1 2022 | May 4, 2022 | −$0.08 | −$0.03 | 60.73% | $32.8M | $36.3M |
| Q4 2021 | Feb 15, 2022 | −$0.25 | −$0.25 | 1.69% | $28.3M | $27.9M |
| Q3 2021 | Nov 10, 2021 | −$0.37 | −$0.37 | 0.56% | $24.6M | $24.1M |

## Frequently Asked Questions

### When did Ardmore Shipping (ASC) last report earnings?

Ardmore Shipping last reported on Jul 29, 2026, covering fiscal Q2 2026.

### Did ASC beat earnings estimates?

Yes. Ardmore Shipping reported EPS of $1.18 for Q2 2026 against a $1.11 estimate — a 6.62% beat.

### How much revenue did ASC report last quarter?

Ardmore Shipping reported $116.2M in revenue for Q2 2026, against a consensus estimate of $86.3M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).