StealthGas Inc. Q2 2025 Earnings Recap

StealthGas reported strong Q2 2025 results, achieving $47.2 million in revenues, the second-best quarterly profit in its history, driven by robust commercial operations despite market uncertainties.

Key Takeaways

• Adjusted net income reached $21.7 million, up 35% quarter-over-quarter, though down 20% year-over-year; EPS stood at $0.59.
• Successful debt reduction strategy completed, with all owned fleet vessels now debt-free after a $86 million repayment.
• Maintained over 70% period coverage for 2025, securing $150 million in future revenues, while navigating market shifts towards European trade.
• Affected by an incident involving the Eco Wizard, leading to temporary reduced operational capacity and no revenue generation until repairs are completed.
• Continued share repurchase program executed with $1.8 million spent, reflecting confidence in undervalued stock relative to net asset value.