Filing Flows › Dorian LPG (LPG) › Q1 FY26
Dorian LPG (LPG) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 4, 2025
Dorian LPG (LPG) reported revenue of $84.2M for the first quarter fiscal 2026 (Q1 FY26), -26% from a year earlier and +11% from the quarter before. Operating margin was 18.5%, net earnings $10.1M (12.0% of revenue).
Dorian LPG, Q1 FY26: revenue $84.2M (-26% year over year), operating margin 18.5%, net earnings $10.1M, operating cash flow $814K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $84.2M | +11% | -26% |
| Operating profit | $15.6M | +6% | -72% |
| Net earnings | $10.1M | +25% | -80% |
| Operating cash flow | $814K | -98% | -98% |
What changed
Revenue was $84.2M in Q1 FY26, down 26% year over year and up 11% from the previous quarter.
Operating profit was $15.6M, a 18.5% margin (down 30.0 points year over year). Total costs grew 17% against a revenue fall of 26%. The fastest-growing cost line was General & admin (+62%). Net earnings were $10.1M, down 80% year over year. The effective tax rate was 0.0%.
Operating cash flow was $814K (down 98% year over year), 8% of net earnings. Non-cash charges added back $18.4M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items used $29.4M. Capital expenditures of $3.1M exceeded it, leaving free cash flow of −$2.2M.
Questions
What was Dorian LPG's revenue in the first quarter fiscal 2026?
Dorian LPG (LPG) reported revenue of $84.2M for the first quarter fiscal 2026 (Q1 FY26), -26% from a year earlier and +11% from the quarter before.
Was Dorian LPG profitable in the first quarter fiscal 2026?
Operating profit was $15.6M (18.5% of revenue) and net earnings $10.1M.
Source: Dorian LPG 10-Q on SEC EDGAR.