The EPS miss vs the lone consensus estimate may pressure the stock near-term, but the massive YoY revenue and earnings growth, debt-free balance sheet, and fleet expansion provide a strong fundamental backdrop.
Price Chart
Executive Summary
Imperial Petroleum reported Q2 2026 revenue of $87.1M (up 139.9% YoY) and net income of $34.8M (up 171.9% YoY), but missed the single-analyst consensus EPS estimate of $0.73 by 21.9%, reporting GAAP basic EPS of $0.75.
Key Financial Metrics
Key Facts
- Q2 2026 revenue of $87.1M, up 139.9% from $36.3M in Q2 2025
- Net income of $34.8M, up 171.9% from $12.8M in Q2 2025
- GAAP basic EPS of $0.75 vs consensus estimate of $0.73 (miss of 21.9% vs the lone analyst estimate)
- Adjusted EPS (basic) of $0.76 vs $0.38 in Q2 2025
- Cash and cash equivalents including time deposits of $245.2M as of June 30, 2026; total debt of nil
- Fleet expanded to 21 vessels on the water with 4 more under contract; average vessels owned rose from 14.1 to 21.0 YoY
- Sold tanker Suez Enchanted for net gain of ~$32M in August 2026
- 6M 2026 net income of $62.8M already exceeded full-year 2025 net income of $50.0M
Financial Impact
Q2 revenue $87.1M (+139.9% YoY), net income $34.8M (+171.9% YoY), GAAP basic EPS $0.75 vs consensus $0.73
Risk Factors
- EPS miss vs consensus estimate of $0.73 (actual $0.75 GAAP basic, but the Street estimate appears to be for a different metric or period)
- Fleet operational utilization declined to 73.5% from 83.1% in Q2 2025 due to drydocking and spot market exposure
- Geopolitical tensions (Red Sea, Middle East, Ukraine) could disrupt shipping routes and charter rates
- Foreign exchange loss of $0.6M in Q2 2026 vs gain of $3.0M in Q2 2025
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3359618 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 6w ago | Press Release | $5.95 | awaiting T+60 | — | $5.00 (−15.97%) |
Sep 10, 2026 6w ago | Press Release | $5.61 | awaiting T+60 | — | $5.00 (−10.79%) |
Sep 4, 2026 7w ago | Press Release | $5.29 | awaiting T+60 | — | $5.00 (−5.48%) |
Aug 28, 2026 8w ago | 6-K | $5.19 | awaiting T+60 | — | $5.00 (−3.66%) |
May 22, 2026 22w ago | Press Release | $5.68 $5.05 | ▼ −11.09% | ▼ −14.28% | $5.00 (−11.97%) |
May 19, 2026 22w ago | Press Release | $4.95 $4.65 | ▼ −6.06% | ▼ −12.35% | $5.00 (+1.01%) |
Mar 9, 2026 33w ago | Press Release | $4.83 $5.24 | ▲ +8.49% | ▼ −3.50% | $5.00 (+3.52%) |
Mar 6, 2026 33w ago | Press Release | $4.53 $5.26 | ▲ +16.11% | ▲ +3.33% | $5.00 (+10.38%) |
Mar 2, 2026 34w ago | Press Release | $4.40 $5.54 | ▲ +25.91% | ▲ +16.58% | $5.00 (+13.64%) |
US Market Status
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