Himalaya Shipping Ltd. (HSHP) Revenue History
Annual and quarterly revenue from 2021 to present
HSHP Revenue Over Time (2021–2025)
HSHP Revenue Growth History
2 of 2 years with positive growth- FY2021 revenue growth
- N/A
- FY2022 revenue growth
- N/A
- FY2023 revenue growth
- N/A
- FY2024 revenue growth
- +236.4%
- FY2025 revenue growth
- +6.7%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $33.6M | +52.9% |
| Q4 2025 | $42.1M | +42.2% |
| Q3 2025 | $37.9M | -3.3% |
| Q2 2025 | $29.9M | -4.2% |
| Q1 2025 | $22.0M | -6.8% |
| Q4 2024 | $29.6M | +61.6% |
| Q3 2024 | $39.2M | +282.8% |
| Q2 2024 | $31.2M | +363.5% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
HSHP's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
HSHP Revenue Analysis (2021–2025)
Current Revenue & Growth
As of June 30, 2026, Himalaya Shipping Ltd. (HSHP) generated trailing twelve-month (TTM) revenue of $143.5 million, reflecting explosive growth of +52.9% year-over-year. The most recent quarter (Q1 2026) recorded $33.6 million in revenue, down 20.2% sequentially.
Historical Growth Trajectory
HSHP's historical revenue data shows various trends over time. Himalaya Shipping Ltd.'s highest annual revenue of $131.9 million was recorded in 2025, an all-time high.
Revenue by Segment
HSHP's revenue is primarily driven by Reportable Segment (100%). With over half of revenue concentrated in Reportable Segment, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Industrials sector peers — including SBLK (-11.6% YoY), NMM (+5.9% YoY), and GNK (+30336.5% YoY) — HSHP has underperformed the peer group in 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 | $144M | +52.9% | - | 51.7% | |
 SBLK | $1.0B | -11.6% | +8.5% | 13.5% | |
 NMM | $1.3B | +5.9% | +42.7% | 29.1% | |
 GNK | $342M | +30336.5% | -0.8% | 2.7% | |
 SB | $276M | -10.4% | +6.8% | 25.1% | |
 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% | $68.2M | 51.7% |
| 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 | - |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
5+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
HSHP — Frequently Asked Questions
Quick answers to the most common questions about buying HSHP stock.
Is HSHP's revenue growth accelerating or slowing?
HSHP revenue growth is accelerating. TTM revenue reached $144M, up +52.9% 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 HSHP's revenue history from 2021 to 2026?
Himalaya Shipping Ltd. (HSHP) revenue history spans 2021 to 2026. TTM revenue as of 2026 is $144M, growing at +52.9% 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 HSHP's long-term revenue growth rate (CAGR)?
Himalaya Shipping Ltd.'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 +52.9% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for HSHP.
Why does HSHP's quarterly revenue fluctuate?
HSHP 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. Himalaya Shipping Ltd.'s revenue data from 2021 to 2026 shows full historical quarterly detail on this page.
How is HSHP's revenue distributed by segment?
HSHP 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 HSHP's revenue compare to industry peers?
Himalaya Shipping Ltd. (HSHP) with TTM revenue of $144M and +52.9% 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.