Himalaya Shipping Ltd. (HSHP) Revenue History
Annual and quarterly revenue from 2021 to 2025
Compound Annual Growth Rate (CAGR)
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HSHP Revenue Growth
Revenue Breakdown (FY 2024)
HSHP's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
HSHP Revenue Analysis (2021–2025)
As of May 9, 2026, Himalaya Shipping Ltd. (HSHP) generated trailing twelve-month (TTM) revenue of $131.9 million, reflecting explosive growth of +42.2% year-over-year. The most recent quarter (Q4 2025) recorded $42.1 million in revenue, up 11.1% sequentially.
Looking at the longer-term picture, HSHP's historical revenue data shows various trends over time. The company achieved its highest annual revenue of $131.9 million in 2025, representing a new all-time high.
Revenue diversification analysis shows HSHP's business is primarily driven by Reportable Segment (100%). With over half of revenue concentrated in Reportable Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including SBLK (-17.6% YoY), NMM (-1.3% YoY), and GNK (+30336.5% YoY), HSHP has underperformed the peer group in terms of revenue growth. Compare HSHP vs SBLK →
HSHP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HSHPCurrent | $132M | +42.2% | - | 53.2% | |
 SBLK | $1.0B | -17.6% | +8.5% | 13.5% | |
 NMM | $1.3B | -1.3% | +43.5% | 33.6% | |
 GNK | $342M | +30336.5% | -0.8% | 2.7% | |
 SB | $308M | -13.7% | +9.2% | 36.4% | |
 SHIP | $158M | -7.5% | +20.1% | 26.0% |
HSHP Historical Revenue Data (2021–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $131.9M | +6.7% | $102.3M | 77.6% | $70.2M | 53.2% |
| 2024 | $123.6M | +236.4% | $98.1M | 79.4% | $66.6M | 53.9% |
| 2023 | $36.7M | - | $18.5M | 50.3% | $14.6M | 39.8% |
| 2022 | $0 | - | $0 | - | $-1,971,000 | - |
| 2021 | $0 | - | $0 | - | $-973,850 | - |
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Start ComparisonHSHP — Frequently Asked Questions
Quick answers to the most common questions about buying HSHP stock.
Is HSHP's revenue growth accelerating or slowing?
HSHP revenue is accelerating at +42.2% year-over-year, exceeding the 5-year CAGR of N/A. TTM revenue reached $132M. Growth momentum has increased versus prior periods.
What is HSHP's long-term revenue growth rate?
Himalaya Shipping Ltd.'s 5-year revenue CAGR of N/A reflects the sustained expansion pattern. Current YoY growth of +42.2% is above this long-term average.
How is HSHP's revenue distributed by segment?
HSHP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2021-2025 are available for download. Segment mix reveals concentration and diversification trends.