Dorian LPG Ltd. (LPG) Financial Statements (2026 and earlier)

Company Profile

Business Address 27 SIGNAL ROAD
STAMFORD, CT 06902
State of Incorp.
Fiscal Year End March 31
Industry (SIC) 4412 - Deep Sea Foreign Transportation of Freight (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
12/31/2025
MRQ
3/31/2025
3/31/2024
3/31/2023
3/31/2022
3/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments294,492316,878294,039148,797236,75979,330
Cash and cash equivalent294,492316,878282,508148,797236,75979,330
Short-term investments   11,531   
Restricted cash and investments      5,316
Receivables73,35049,44753,01376,35258,63656,394
Inventory, net of allowances, customer advances and progress billings2,2512,5092,3932,6422,2662,007
Inventory2,2512,5092,3932,6422,2662,007
Derivative instruments and hedges, assets   5,139   
Other undisclosed current assets22,19313,52314,2988,50710,23210,296
Total current assets:392,286382,356368,882236,299307,893153,343
Noncurrent Assets
Operating lease, right-of-use asset160,431159,212191,700158,1798,08717,672
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization1,167,5991,187,0821,232,4181,263,9771,254,5171,377,177
Long-term investments and receivables    32,26719,80023,100
Due from related parties✕✕✕✕20,90019,80023,100
Long-term investments    11,367  
Derivative instruments and hedges1,7613,4974,1459,2796,512 
Restricted cash and investments817676767881
Deferred costs25,09917,23812,5448,3679,83910,158
Other noncurrent assets2,9822,7992,585 63583
Other receivable, after allowance for credit loss27,50026,40025,300✕✕✕
Other undisclosed noncurrent assets    469  
Total noncurrent assets:1,385,4531,396,3041,468,7681,472,6151,299,4691,428,272
TOTAL ASSETS:1,777,7391,778,6601,837,6501,708,9141,607,3621,581,615
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities15,62416,93714,13416,44513,83718,597
Interest and dividends payable✕✕✕✕✕494 
Accounts payable6,69111,55010,18610,8079,5419,831
Accrued liabilities8,9335,3873,9485,6383,8018,765
Deferred revenue501679487209814854
Debt97,74654,50553,54353,11172,07651,820
Derivative instruments and hedges, liabilities      1,101
Other liabilities 241397   
Due to related parties✕✕✕✕16937118
Other undisclosed current liabilities48,35035,72333,64124,6638,0739,591
Total current liabilities:162,462107,884101,81394,59794,83782,081
Noncurrent Liabilities
Long-term debt and lease obligation415,437498,774551,549604,257590,687547,733
Long-term debt, excluding current maturities415,437498,774551,549604,257590,687539,652
Liabilities, other than long-term debt114,211125,896160,755134,7821,6864,976
Other liabilities1,5801,4761,529 1,6861,521
Operating lease, liability112,631124,420159,226134,782 8,081
Derivative instruments and hedges, liabilities      3,455
Other undisclosed noncurrent liabilities    1,432  
Total noncurrent liabilities:529,648624,670712,304740,471592,374552,709
Total liabilities:692,110732,554814,117835,067687,211634,790
Equity
Equity, attributable to parent1,085,6291,046,1061,023,533873,846920,151946,825
Common stock546543520516513511
Treasury stock, value(140,116)(133,104)(126,837)(122,897)(121,227)(99,862)
Additional paid in capital876,275867,524772,714764,383760,106756,776
Retained earnings348,924311,143377,136231,844280,759289,401
Total equity:1,085,6291,046,1061,023,533873,846920,151946,825
TOTAL LIABILITIES AND EQUITY:1,777,7391,778,6601,837,6501,708,9141,607,3621,581,615

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
12/31/2025
TTM
3/31/2025
3/31/2024
3/31/2023
3/31/2022
3/31/2021
Revenues262,256353,341560,717389,749274,221315,939
Cost of revenue(147,606)(131,053)(126,809)(95,244)(99,221)(95,905)
Gross profit:114,650222,289433,908294,505175,001220,034
Operating expenses(124,820)(112,226)(107,670)(98,546)(92,233)(106,214)
Other undisclosed operating income2,6112,5822,5922,4029,6312,279
Operating income (loss):(7,559)112,645328,830198,36092,399116,100
Nonoperating expense(17,824)(22,474)(21,383)(25,917)(20,464)(23,535)
Interest and debt expense(27,398)(35,813)(40,480)(31,399)(20,120)(26,361)
Income (loss) from continuing operations:(52,781)54,358266,966141,04551,81566,204
Income before gain (loss) on sale of properties:✕✕✕✕✕51,81566,204
Other undisclosed net income12,73235,81340,48031,39920,12026,361
Net income (loss):(40,049)90,170307,447172,44471,93592,565
Other undisclosed net income attributable to parent 14,665     
Net income (loss) available to common stockholders, diluted:(25,383)90,170307,447172,44471,93592,565

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
12/31/2025
TTM
3/31/2025
3/31/2024
3/31/2023
3/31/2022
3/31/2021
Net income (loss):(40,049)90,170307,447172,44471,93592,565
Comprehensive income (loss), net of tax, attributable to parent:(40,049)90,170307,447172,44471,93592,565

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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