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Icon Energy Corp.(ICON)Earnings, Financials & Key Ratios
ICON•NASDAQ
$0.91
Price updated Jun 27, 2026
AboutIcon Energy Corp. operates as an international shipping company. The Company focuses on acquiring, owning, chartering, and operating dry bulk vessels, as well as offers sea-borne transportation services for dry bulk cargo, including iron ore, coal, grains and bauxite, steel, sugar, fertilizers, cement, and scrap metal.Show more
- Revenue$11M+112.0%
- EBITDA$4M+101.2%
- Net Income-$4M-1898.6%
- EPS (Diluted)-5.83-3329.4%
- Gross Margin22.54%-18.4%
- EBITDA Margin32.38%-5.1%
- Operating Margin1.6%-50.1%
- Net Margin-37.29%-842.7%
- ROE-25.34%-1161.9%
ICON Price & Volume
Icon Energy Corp. (ICON) stock price & volume — 10-year historical chart
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Aggressive Fleet Expansion Masks Persistent Operational Volatility
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Accelerating
Profitability:Negative
Financial Position:Vulnerable
Cash Flow:Burning
Primary Risk:Extreme freight rate sensitivity
"Icon Energy Corp. is currently pursuing an aggressive, debt-fueled fleet expansion strategy that has driven revenue growth to 139.1% year-over-year as of 2026Q1, yet this growth remains disconnected from sustainable profitability. The company faces significant structural risks, including a net margin of -37.29% and a reliance on external capital to offset high cash-burn requirements. Investors should monitor whether the current $34.3M debt load can be serviced through future chartering income, given the historical volatility in gross margins that have swung from 77.1% to -25.0%."
Verdict Logic
the company's reliance on debt to fund a $50.4M net PPE base, combined with a 2026Q1 FCF margin of -28.9%, suggests a high risk of liquidity distress.
ICON Growth Metrics
Icon Energy Corp. (ICON) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-29.65%
5 Years-
3 Years15.84%
TTM150.36%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM78.71%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM5.83%
Return on Capital
10 Years7.38%
5 Years8.82%
3 Years3.61%
Last Year0.45%
Peers Comparison
Key metrics vs top competitors for Icon Energy Corp. (ICON)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $0.91 | $2.23M | -0.16 | 112.02% | -37.29% | -25.34% | 13.6% | |
| $26.81 | $2.74B | 9.06 | -10.86% | 24.43% | 15.79% | — | |
| $67.99 | $2.36B | 6.73 | -22.58% | 42.6% | 21.4% | — | |
| $79.51 | $3.94B | 12.76 | -11.38% | 55.39% | 27.13% | — | |
| $17.65 | $2.84B | 13.47 | -13.04% | 58.56% | 29.14% | — | |
| $72.58 | $3.76B | 10.32 | -24.58% | 48.44% | 15.85% | — |
Compare ICON vs Peers
Icon Energy Corp. (ICON) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ICON SEC Filings & Documents
Icon Energy Corp. (ICON) SEC filings — annual & quarterly reports (10-K, 10-Q)
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ICON Frequently Asked Questions
Icon Energy Corp. (ICON) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Icon Energy Corp.'s revenue?
Icon Energy Corp. (ICON) reported $13.4M in revenue for fiscal year 2025. This represents a 33% decrease from $20.0M in 1994.
How fast is Icon Energy Corp. growing?
Icon Energy Corp. (ICON) grew revenue by 112.0% over the past year. This is strong growth.
Is ICON profitable?
Icon Energy Corp. (ICON) reported a net loss of $0.8M for fiscal year 2025.
Dividend & Returns
Does ICON pay dividends?
Yes, Icon Energy Corp. (ICON) pays a dividend with a yield of 13.60%. This makes it attractive for income-focused investors.
What is ICON's return on equity?
Icon Energy Corp. (ICON) has a return on equity (ROE) of -25.3%. Negative ROE indicates the company is unprofitable.
What is Icon Energy Corp.'s free cash flow?
Icon Energy Corp. (ICON) had negative free cash flow of $3.0M in fiscal year 2025, likely due to heavy capital investments.