Saturday 17 October 2026 Export ICON’s income statement to Excel — free account

Icon Energy Corp.

In the quarter to June 2026, free cash flow grew 74.4% and total debt fell 6.53%, each against the same quarter a year earlier.

1.04 0.12 +13.04%

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Market cap: $4.7M
P/E: —
Fwd P/E: —
Dividend yield: —
F-score: 4/9
Altman Z: 0.14
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 10.44%

Capital & Financial Ratios $m

Market Cap 4.70

Revenue —

Net Income (3.98)

Free Cash Flow (0.44)

Net Debt 26.11

Current Ratio 1.55

Debt/Equity 1.24

P/E ratio —

Fwd P/E —

P/S ratio 0.00

P/B ratio 0.09

Past 5Y EPS Growth —

This Y EPS Growth 92.50%

Next Y EPS Growth 41.89%

Next Y revenue growth 57.25%

Next 5Y EPS Growth 15.00%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2026	Powerpack
2025	Powerpack
2024	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	3	1	4	8
Receivables	0	—	0	2
Inventory	0	0	0	0
Other	0	0	0	0
	3	1	5	10

	2023	2024	2025	Q'26
Payables	0	0	1	2
ST’ Debt	—	2	2	3
Other	—	—	—	—
	4	3	5	7

Compound Annual Growth %

	10y	5y	3y
Sales	—	—	15.84%
Cash Flow	—	—	(41.49%)
Earnings	—	—	0.00%
Book Value	—	—	14.29%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	4	—	—	—	—
’25	2	—	—	—	11
’24	1	—	—	—	5
’23	—	—	—	—	4

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(1)	(1)	—	—	—
’25	(1)	0	1	—	1
’24	1	—	1	0	1
’23	—	—	—	3	3

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(1)	(1)	—	—	—
’25	(3)	(6)	(5)	—	(5)
’24	1	—	(17)	0	(17)
’23	—	—	—	2	2

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.33)	—	—	—	—
’25	(23.65)	—	—	—	(18.04)
’24	430.00	—	—	—	(304.15)
’23	—	—	—	—	1.16k

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	—	—	—	362.00	2.75	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	—	—	—	770.00	466.00
People
People	Employees	—	—	—	—	—	—	—	—	—	—
	Revenue/emp, $m	—	—	—	—	—	—	0.00	0.00	0.00	0.00
Income, $m
Income, $m	Revenue	—	—	—	—	—	—	7	4	5	11
	Gross margin, %	—	—	—	—	—	—	71.61	54.38	48.92	48.57
	EBT	—	—	—	—	—	—	4	1	0	(4)
	EBT margin, %	—	—	—	—	—	—	58.58	25.80	(3.96)	(37.29)
	Net income	—	—	—	—	—	—	4	1	0	(4)
	Depreciation	—	—	—	—	—	—	1	1	2	4
Per share, $
Per share, $	Revenue	—	—	—	—	—	—	7,241.00	4,476.00	1,361.28	28.30
	Earnings	—	—	—	—	—	—	4,242.00	1,155.00	(304.15)	(18.04)
	Cash flow	—	—	—	—	—	—	3,989.00	2,505.00	221.54	2.01
	Capex	—	—	—	—	—	—	(225.00)	(22.00)	(4,621.79)	(15.30)
	Free cash flow	—	—	—	—	—	—	3,764.00	2,483.00	(4,400.26)	(13.29)
	Book value	—	—	—	—	—	—	14,321.00	9,169.00	3,011.79	53.74
	Shares, m	—	—	—	—	—	—	0	0	0	0
Valuation, ×
Valuation, ×	P/E	—	—	—	—	—	—	—	—	—	—
	P/S	—	—	—	—	—	—	0.00	0.00	0.00	0.00
	P/B	—	—	—	—	—	—	0.08	0.08	0.04	0.02
	EV/Sales	—	—	—	—	—	—	0.00	0.00	0.00	0.00
	EV/FCF	—	—	—	—	—	—	0.00	0.00	(1.09)	(2.36)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	—	—	—	4	3	1	1
	Capex	—	—	—	—	—	—	0	0	(18)	(6)
	Free cash flow	—	—	—	—	—	—	4	2	(17)	(5)
Balance, $m
Balance, $m	Working capital	—	—	—	—	—	—	4	(1)	(2)	0
	Total debt	—	—	—	—	—	—	—	—	16	35
	Net debt	—	—	—	—	—	—	(4)	(3)	15	31
	Shareholders’ equity	—	—	—	—	—	—	14	9	12	21
Returns, %
Returns, %	ROA	—	—	—	—	—	—	0.00	8.41	(5.70)	(16.45)
	ROIC	—	—	—	—	—	—	24.48	10.68	0.40	0.22
	ROE	—	—	—	—	—	—	0.00	9.84	(11.35)	(43.32)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Mar 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
USEA United Maritime Corporation	$24.2M	— (loss-making)	27.4×	−19.89% (below 0%: shrinking)	0.00%	+273.83% (above 0%: growing)	65.15%	25.60%	Compare
PSHG Performance Shipping Inc.	$20.0M	0.7×	1.4×	+58.30% (above 0%: growing)	−66.09% (below 0%: shrinking)	−134.71% (below 0%: shrinking)	71.42%	44.82%	Compare
VNTG Vantage Corp	$16.6M	—	—	—	—	—	—	—	Compare
CTRM Castor Maritime Inc.	$16.0M	0.2×	—	+42.50% (above 0%: growing)	+400.00% (above 0%: growing)	−344.84% (below 0%: shrinking)	44.78%	96.08%	Compare
UFG Uni-Fuels Holdings Limited	$12.3M	—	—	—	—	+62.98% (above 0%: growing)	—	—	Compare
HTCO Caravelle International Group	$10.5M	0.1×	—	—	n/m	+3,267.49% (above 0%: growing)	—	0.00%	Compare
ICON Icon Energy Corp.	$4.7M	—	—	—	n/m	+74.39% (above 0%: growing)	56.39%	1.12%
NCT Intercont (Cayman) Limited	$1.7M	—	—	—	—	−642.19% (below 0%: shrinking)	—	—	Compare
RUBI Rubico Inc.	$860.0K	—	—	—	—	—	—	—	Compare
Median of peers	$14.2M	0.2×	—	+42.50%	0.00%	−35.86%	65.15%	35.21%

All 38 Marine Shipping stocks →

Icon Energy Corp. (ICON) key facts

Icon Energy Corp. (ICON) is a Marine Shipping company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, ICON traded at $1.04, a market capitalization of $4.7 million.
Return on equity was −43.3% and debt-to-equity 1.24.
Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 0.14 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.