Filing Flows › Dorian LPG (LPG) › Q1 FY27
Dorian LPG (LPG) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Aug 5, 2026
Dorian LPG (LPG) reported revenue of $188M for the first quarter fiscal 2027 (Q1 FY27), +123% from a year earlier and +23% from the quarter before. Operating margin was 75.9%, net earnings $138M (73.6% of revenue).
Dorian LPG, Q1 FY27: revenue $188M (+123% year over year), operating margin 75.9%, net earnings $138M, operating cash flow $30.5M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $188M | +23% | +123% |
| Operating profit | $143M | +70% | +815% |
| Net earnings | $138M | +71% | 14× |
| Operating cash flow | $30.5M | -63% | 37× |
| Free cash flow | $30.3M | — | — |
What changed
Revenue was $187.9M in Q1 FY27, up 123% year over year and up 23% from the previous quarter.
Operating profit was $142.7M, a 75.9% margin (up 57.4 points year over year). Of the extra revenue versus Q1 FY26, 123% reached operating profit, above the 19% margin then. Total costs fell 34% while revenue rose 123%. Net earnings were $138.3M, up 1272% year over year. The effective tax rate was 0.0%.
Operating cash flow was $30.5M (up 3641% year over year), 22% of net earnings. Non-cash charges added back $17.6M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items used $127.5M. Capital expenditures of $182K left free cash flow of $30.3M.
Questions
What was Dorian LPG's revenue in the first quarter fiscal 2027?
Dorian LPG (LPG) reported revenue of $188M for the first quarter fiscal 2027 (Q1 FY27), +123% from a year earlier and +23% from the quarter before.
Was Dorian LPG profitable in the first quarter fiscal 2027?
Operating profit was $143M (75.9% of revenue) and net earnings $138M.
Source: Dorian LPG 10-Q on SEC EDGAR.