Ardmore Shipping Operating Expenses Growth & History (ASC)
Ardmore Shipping's operating expenses was $34.5M for fiscal 2025.
View full Ardmore Shipping company overviewArdmore Shipping annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $34.5M | −$5.4M | −13.58% |
| 2024 | 2024-12-31 | $39.9M | $4.4M | +12.51% |
| 2023 | 2023-12-31 | $35.4M | $3.5M | +11.03% |
| 2022 | 2022-12-31 | $31.9M | — | — |
| 2018 | 2018-12-31 | $219.8M | $32.4M | +17.27% |
| 2017 | 2017-12-31 | $187.4M | $47.0M | +33.49% |
| 2016 | 2016-12-31 | $140.4M | $26.8M | +23.62% |
| 2015 | 2015-12-31 | $113.6M | $52.1M | +84.63% |
| 2014 | 2014-12-31 | $61.5M | $25.3M | +69.85% |
| 2013 | 2013-12-31 | $36.2M | $9.5M | +35.65% |
| 2012 | 2012-12-31 | $26.7M | $4.4M | +19.94% |
| 2011 | 2011-12-31 | $22.3M | — | — |
Ardmore Shipping quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $6.3M | −$2.8M | −30.55% |
| Q1 2026 | 2026-03-31 | $6.9M | — | — |
| Q4 2025 | 2025-12-31 | $7.4M | — | — |
| Q3 2025 | 2025-09-30 | $8.7M | — | — |
| Q2 2025 | 2025-06-30 | $9.1M | — | — |
| Q1 2019 | 2019-03-31 | $58.1M | $8.1M | +16.12% |
| Q4 2018 | 2018-12-31 | $60.4M | $14.1M | +30.44% |
| Q3 2018 | 2018-09-30 | $54.9M | $6.9M | +14.44% |
| Q2 2018 | 2018-06-30 | $54.4M | $8.3M | +18.02% |
| Q1 2018 | 2018-03-31 | $50.0M | $3.0M | +6.45% |
| Q4 2017 | 2017-12-31 | $46.3M | $4.9M | +11.79% |
| Q3 2017 | 2017-09-30 | $48.0M | $12.1M | +33.72% |
| Q2 2017 | 2017-06-30 | $46.1M | $15.4M | +50.16% |
| Q1 2017 | 2017-03-31 | $47.0M | $14.6M | +45.21% |
| Q4 2016 | 2016-12-31 | $41.5M | $9.4M | +29.40% |
| Q3 2016 | 2016-09-30 | $35.9M | $6.1M | +20.58% |
| Q2 2016 | 2016-06-30 | $30.7M | $1.8M | +6.39% |
| Q1 2016 | 2016-03-31 | $32.4M | $9.4M | +41.16% |
| Q4 2015 | 2015-12-31 | $32.0M | — | — |
| Q3 2015 | 2015-09-30 | $29.8M | $12.1M | +68.34% |
| Q2 2015 | 2015-06-30 | $28.9M | $16.1M | +126.68% |
| Q1 2015 | 2015-03-31 | $22.9M | — | — |
| Q3 2014 | 2014-09-30 | $17.7M | — | — |
| Q2 2014 | 2014-06-30 | $12.7M | — | — |
Ardmore Shipping operating expenses trends
Between the periods ended 2011-12-31 and 2025-12-31, Ardmore Shipping's operating expenses increased from $22.3M to $34.5M, a change of $12.2M. The latest reported quarter, Q2 2026, shows $6.3M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ardmore Shipping source filings ↗