C3is Inc. Common Stock

C3is Inc. Common Stock Earnings Recaps

CISS Industrials 1 recap
Q3 2025 Nov 18, 2025

C3is reported a net income of $5.26 million for Q3 2025, marking a significant turnaround from a $3 million net loss during the same period last year, driven by improved EBITDA and recovery in operational efficiencies despite lower voyage revenues.

Key takeaways
  • Achieved EBITDA of $10 million, a 245% increase year-over-year, showcasing enhanced operational performance.
  • Voyage revenues declined by 24%, attributed to the drydocking of the Aframax tanker, which affected earnings from a critical asset.
  • Settled a $14.6 million outstanding balance, improving financial stability and reducing debt obligations.
Full recap