10-Q quarterly report · filed Feb 5, 2026

DORIAN LPG LTD. (LPG) Q4 2025 10-Q Quarterly Report

Short answer

DORIAN LPG LTD. (LPG) filed its Q4 2025 10-Q quarterly report on Feb 5, 2026 for the quarter ended Dec 31, 2025. Quarterly revenue was $120M (up 48.7% year over year) with net income of $47M.

Q4 2025 key financials · XBRL

Revenue
$120M
+48.7% YoY · −3.3% QoQ
Net income
$47M
+120.9% YoY · −14.8% QoQ
Operating margin
42.8%
EPS (diluted)
$1.11
+122.0% YoY · −14.0% QoQ

Source: XBRL data from the DORIAN LPG LTD. (LPG) Q4 2025 10-Q on SEC EDGAR. USD.

DORIAN LPG LTD. Q4 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • No impairment charges recognized for nine months ended Dec 31, 2025 and 2024
  • Independent appraisals of VLGCs showed no impairment indicators as of Dec 31, 2025
  • Vessel fair market value estimates based on industry data, vessel sales, and broker offers
  • No revenue, profit, cash flow, or segment performance data disclosed in this section
  • No updated guidance or management outlook mentioned in this section

Risk Factors

  • New trade fees on vessels from U.S.-China tensions suspended for one year from Nov 10, 2025 per USTR-China agreement
  • Most updated risk: potential re-escalation of U.S.-China port fees post-Nov 2026 adds volatility and cost uncertainty to operations
  • Regulatory risk: U.S. Section 301 and Chinese retaliatory port fees impact shipping costs, effective Oct 14, 2025 before suspension
  • Operational risk: Venezuela political unrest post-U.S. raid on Maduro Jan 2026 may disrupt oil market, affecting charter rates and shipping routes
  • Market risk: U.S.-Europe trade tensions over Greenland in Jan 2026 could trigger trade wars impacting global economy and shipping industry

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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