C3is Inc. (CISS) Revenue History
Annual and quarterly revenue from 2021 to present
CISS Revenue Over Time (2021–2025)
CISS Revenue Growth History
2 of 4 years with positive growth- FY2021 revenue growth
- N/A
- FY2022 revenue growth
- -47.6%
- FY2023 revenue growth
- +774.3%
- FY2024 revenue growth
- +47.2%
- FY2025 revenue growth
- -17.8%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $11.6M | +33.5% |
| Q4 2025 | $10.6M | +12.1% |
| Q3 2025 | $4.8M | -48.3% |
| Q2 2025 | $10.7M | -0.8% |
| Q1 2025 | $8.7M | -32.2% |
| Q4 2024 | $9.4M | -31.7% |
| Q3 2024 | $9.3M | -8.3% |
| Q2 2024 | $10.8M | +535.7% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
CISS's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
CISS Revenue Analysis (2021–2025)
Current Revenue & Growth
As of June 29, 2026, C3is Inc. (CISS) generated trailing twelve-month (TTM) revenue of $37.7 million, reflecting explosive growth of +33.5% year-over-year. The most recent quarter (Q1 2026) recorded $11.6 million in revenue, up 9.7% sequentially.
Historical Growth Trajectory
CISS's historical revenue data shows a 3-year CAGR of +119.5%. C3is Inc.'s highest annual revenue of $42.3 million was recorded in 2024.
Revenue by Segment
CISS's revenue is primarily driven by Voyage Charter Revenues (66%), Time Charter Revenues (32%), and Other Operating Income (3%). With over half of revenue concentrated in Voyage Charter Revenues, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Industrials sector peers — including SBLK (-11.6% YoY), SB (-10.4% YoY), and SHIP (-7.5% YoY) — CISS has outperformed the peer group in revenue growth. Compare CISS vs SBLK →
CISS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CISSCurrent | $38M | +33.5% | - | 3.9% | |
 SBLK | $1.0B | -11.6% | +8.5% | 13.5% | |
 SB | $276M | -10.4% | +6.8% | 25.1% | |
 SHIP | $158M | -7.5% | +20.1% | 26.0% | |
 TOPS | $80M | +138.4% | +6.0% | 32.7% | |
 GLBS | $44M | +33.7% | +30.3% | 5.4% |
CISS Historical Revenue Data (2021–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $34.8M | -17.8% | $4.4M | 12.8% | $1.4M | 3.9% |
| 2024 | $42.3M | +47.2% | $13.6M | 32.2% | $10.1M | 23.8% |
| 2023 | $28.7M | +774.3% | $12.0M | 41.8% | $10.4M | 36.3% |
| 2022 | $3.3M | -47.6% | $751K | 22.8% | $552K | 16.8% |
| 2021 | $6.3M | - | $3.8M | 60.3% | $3.7M | 58.3% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
5+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
CISS — Frequently Asked Questions
Quick answers to the most common questions about buying CISS stock.
Is CISS's revenue growth accelerating or slowing?
CISS revenue growth is accelerating. TTM revenue reached $38M, up +33.5% year-over-year — ahead of the 5-year CAGR of N/A. This indicates the business is expanding faster than its historical baseline.
What is CISS's revenue history from 2021 to 2026?
C3is Inc. (CISS) revenue history spans 2021 to 2026. TTM revenue as of 2026 is $38M, growing at +33.5% YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is CISS's long-term revenue growth rate (CAGR)?
C3is Inc.'s 5-year revenue CAGR of N/A reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +33.5% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for CISS.
Why does CISS's quarterly revenue fluctuate?
CISS quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. C3is Inc.'s revenue data from 2021 to 2026 shows full historical quarterly detail on this page.
How is CISS's revenue distributed by segment?
CISS reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does CISS's revenue compare to industry peers?
C3is Inc. (CISS) with TTM revenue of $38M and +33.5% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.