Himalaya Shipping Gross Margin Growth & History (HSHP)
Himalaya Shipping's gross margin was 78.77% for fiscal 2025.
View full Himalaya Shipping company overviewHimalaya Shipping annual gross margin history
2023
2024
2025
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 78.77% | −1.97 pp |
| 2024 | 2024-12-31 | 80.74% | +4.18 pp |
| 2023 | 2023-12-31 | 76.57% | — |
Himalaya Shipping quarterly gross margin
Q2.23
Q2.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 86.78% | +10.52 pp |
| Q1 2026 | 2026-03-31 | 54.76% | +20.22 pp |
| Q4 2025 | 2025-12-31 | 64.61% | — |
| Q3 2025 | 2025-09-30 | 60.95% | — |
| Q2 2025 | 2025-06-30 | 76.25% | −5.80 pp |
| Q1 2025 | 2025-03-31 | 34.55% | — |
| Q2 2024 | 2024-06-30 | 82.05% | +8.55 pp |
| Q2 2023 | 2023-06-30 | 73.50% | — |
Himalaya Shipping gross margin trends
Between the periods ended 2023-12-31 and 2025-12-31, Himalaya Shipping's gross margin increased from 76.57% to 78.77%, a change of +2.21 percentage points. The latest reported quarter, Q2 2026, shows 86.78%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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