Seanergy Maritime Holdings Corp. (SHIP) Revenue History
Annual and quarterly revenue from 2006 to present
SHIP Revenue Over Time (2006–2025)
SHIP Revenue Growth History
9 of 17 years with positive growth- FY2006 revenue growth
- N/A
- FY2007 revenue growth
- N/A
- FY2008 revenue growth
- N/A
- FY2009 revenue growth
- +155.1%
- FY2010 revenue growth
- +9.1%
- FY2011 revenue growth
- +8.6%
- FY2012 revenue growth
- -46.6%
- FY2013 revenue growth
- -58.5%
- FY2014 revenue growth
- -91.3%
- FY2015 revenue growth
- +458.4%
- FY2016 revenue growth
- +208.8%
- FY2017 revenue growth
- +115.9%
- FY2018 revenue growth
- +22.3%
- FY2019 revenue growth
- -5.5%
- FY2020 revenue growth
- -26.8%
- FY2021 revenue growth
- +141.7%
- FY2022 revenue growth
- -18.3%
- FY2023 revenue growth
- -11.8%
- FY2024 revenue growth
- +51.9%
- FY2025 revenue growth
- -5.6%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $49.4M | +18.6% |
| Q2 2025 | $37.5M | -13.1% |
| Q1 2025 | $24.2M | -36.8% |
| Q4 2024 | $41.7M | +5.7% |
| Q3 2024 | $44.4M | +81.4% |
| Q2 2024 | $43.1M | +52.3% |
| Q1 2024 | $38.3M | +112.4% |
| Q4 2023 | $39.4M | +38.2% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2021)
SHIP's revenue distribution by segment and geography for fiscal year 2021
By Product/Segment
SHIP Revenue Analysis (2006–2025)
Current Revenue & Growth
As of June 22, 2026, Seanergy Maritime Holdings Corp. (SHIP) generated trailing twelve-month (TTM) revenue of $152.8 million, reflecting strong growth of +18.6% year-over-year. The most recent quarter (Q4 2025) recorded $49.4 million in revenue, up 31.9% sequentially.
Historical Growth Trajectory
SHIP's 5-year compound annual growth rate (CAGR) stands at +20.1%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +8.1% is below the 5-year average, signalling a growth deceleration in recent years. Seanergy Maritime Holdings Corp.'s highest annual revenue of $167.5 million was recorded in 2024.
Revenue by Segment
SHIP's revenue is primarily driven by Time Charter (82%), and Spot Charter (18%). With over half of revenue concentrated in Time Charter, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Industrials sector peers — including SB (-10.4% YoY), SBLK (-11.6% YoY), and GNK (+30336.5% YoY) — SHIP has underperformed the peer group in revenue growth. Compare SHIP vs SB →
SHIP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SHIPCurrent | $153M | +18.6% | +20.1% | 26.0% | |
 SB | $276M | -10.4% | +6.8% | 25.1% | |
 SBLK | $1.0B | -11.6% | +8.5% | 13.5% | |
 GNK | $342M | +30336.5% | -0.8% | 2.7% | |
 NMM | $1.3B | +5.9% | +42.7% | 29.1% | |
 CTRM | $66M | -19.6% | +61.8% | 2.3% |
SHIP Historical Revenue Data (2006–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $158.1M | -5.6% | $62.6M | 39.6% | $41.1M | 26.0% |
| 2024 | $167.5M | +51.9% | $117.2M | 70.0% | $62.6M | 37.4% |
| 2023 | $110.2M | -11.8% | $40.4M | 36.7% | $21.3M | 19.4% |
| 2022 | $125.0M | -18.3% | $53.8M | 43.0% | $29.7M | 23.7% |
| 2021 | $153.1M | +141.7% | $83.2M | 54.3% | $65.9M | 43.0% |
| 2020 | $63.3M | -26.8% | $7.4M | 11.7% | $-268,000 | -0.4% |
| 2019 | $86.5M | -5.5% | $19.9M | 23.0% | $12.0M | 13.9% |
| 2018 | $91.5M | +22.3% | $19.1M | 20.9% | $4.3M | 4.7% |
| 2017 | $74.8M | +115.9% | $19.3M | 25.8% | $2.8M | 3.7% |
| 2016 | $34.7M | +208.8% | $-9,128,000 | -26.3% | $-14,713,000 | -42.4% |
| 2015 | $11.2M | +458.4% | $-3,777,000 | -33.7% | $-7,055,000 | -62.9% |
| 2014 | $2.0M | -91.3% | $-297,000 | -14.8% | $81.8M | 4070.1% |
| 2013 | $23.1M | -58.5% | $1.5M | 6.5% | $19.3M | 83.5% |
| 2012 | $55.6M | -46.6% | $14.5M | 26.1% | $-181,117,000 | -325.7% |
| 2011 | $104.1M | +8.6% | $63.1M | 60.7% | $-183,607,000 | -176.4% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
20+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
SHIP — Frequently Asked Questions
Quick answers to the most common questions about buying SHIP stock.
Is SHIP's revenue growth accelerating or slowing?
SHIP revenue growth is accelerating. TTM revenue reached $153M, up +18.6% year-over-year — ahead of the 5-year CAGR of +20.1%. This indicates the business is expanding faster than its historical baseline.
What is SHIP's revenue history from 2006 to 2026?
Seanergy Maritime Holdings Corp. (SHIP) revenue history spans 2006 to 2026. TTM revenue as of 2026 is $153M, growing at +18.6% YoY. The 5-year CAGR is +20.1%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is SHIP's long-term revenue growth rate (CAGR)?
Seanergy Maritime Holdings Corp.'s 5-year revenue CAGR of +20.1% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +18.6% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for SHIP.
Why does SHIP's quarterly revenue fluctuate?
SHIP 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. Seanergy Maritime Holdings Corp.'s revenue data from 2006 to 2026 shows full historical quarterly detail on this page.
How is SHIP's revenue distributed by segment?
SHIP 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 SHIP's revenue compare to industry peers?
Seanergy Maritime Holdings Corp. (SHIP) with TTM revenue of $153M and +18.6% 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.