C3is Inc. (CISS) AI Stock Analysis
CISS AI stock analysis summary
AI ResearchC3is Inc. (NASDAQ: CISS) is a Marshall Islands-based provider of international seaborne transportation services operating handysize drybulk carriers. The company generated $51.0M in trailing twelve-month revenue with a profit margin of 41.3%. For the latest quarter ended June 30, 2026, quarterly revenue grew 123.9% year-over-year while net cash stood at $33.2M.
- Market cap
- $1.8M
- Revenue (TTM)
- $51.0M
- P/E
- 0.0x
- 1Y return
- -100.0% S&P 500 16.8%
- Avg. target
- —
Bull case
- Trailing twelve-month revenue grew to $51.0M with a robust operating margin of 40.5% and a net profit margin of 41.3%.
- In the latest quarter ended June 30, 2026, quarterly revenue expanded by 123.9% year-over-year while quarterly earnings jumped 193.3%.
- The company maintains strong liquidity with $33.2M in cash and short-term investments against minimal total debt of $64,374.
Bear case
- CISS recorded a 1-year return of -100.0%, trailing behind the SPY 1-year return of 16.8%.
- Substantial dilution has occurred over time, evidenced by a 981.9% increase in share count over the five-year period.
- FY2025 revenue declined by 17.8% year-over-year to $34.8M, accompanied by a compressed annual operating margin of 3.9%.
What C3is does
C3is Inc., headquartered in Majuro, Marshall Islands, specializes in offering international seaborne transportation services. The company caters primarily to dry bulk charterers, serving national and private industrial users, commodity producers, and traders. Established in 2022, C3is Inc. owns and operates a fleet comprising two handysize drybulk carriers. These vessels are integral in transporting major bulks such as iron ore, coal, and grains, alongside minor bulks including bauxite, phosphate, and fertilizers across global trade routes under the regulatory framework of the Marshall Islands.
Growth and profitability
C3is Inc. increased revenue from $6.3M in FY2021 to $34.8M in FY2025, representing a 4-year revenue CAGR of 53.4%. Annual revenue spiked to $28.7M in FY2023 with net income of $9.3M, and reached $42.3M in FY2024 despite a net loss of -$2.7M. In FY2025, revenue was $34.8M with net income of $10.5M and an operating margin of 3.9%. For the trailing twelve months, revenue reached $51.0M with an operating margin of 40.5% and a net profit margin of 41.3%. In the latest quarter ended June 30, 2026, quarterly revenue grew 123.9% and quarterly earnings rose 193.3% year-over-year.
Balance sheet and cash flow
As of June 30, 2026, C3is Inc. held $33.2M in cash and short-term investments against total debt of $64,374, resulting in net cash of $33.2M. Total assets stood at $144.8M, supported by shareholders' equity of $114.6M and a current ratio of 1.68 with a debt-to-equity ratio of 0.00. For FY2025, operating cash flow was $4.0M and free cash flow reached $3.8M. Cash outlays in FY2025 included capital expenditures of $161,900 and dividends paid of $568,750, while share count changed by 981.9% over five years.
Valuation and performance
At a last close of $0.53, C3is Inc. carries a market cap of $1.8M and an enterprise value of -$31.5M. The stock trades at trailing multiples of 0.0x for P/E, 0.0x for price-to-sales, 0.0x for price-to-book, and 0.0x for EV-to-EBITDA. In contrast, the median of its US-listed Industrials peers displays a trailing P/E of 24.8x, price-to-sales of 1.5x, and EV-to-EBITDA of 13.9x. Over the past year, CISS stock returned -100.0%, lagging behind the SPY 1-year return of 16.8%.
What analysts expect
C3is Inc. currently has no published analyst coverage, ratings breakdown, or consensus price targets available in the tracked data. Furthermore, there are no consensus earnings per share estimates or historical earnings surprise figures recorded for recent periods. Investors tracking the shipping company should note that its next scheduled earnings release date is November 17, 2026.
Key risks and what to watch
- The stock has fallen from a 52-week high of $13608.00 to a 52-week low of $0.51, showing extreme share price volatility.
- Dilution remains a key concern following a 981.9% expansion in share count over five years.
- Annual performance has been volatile, including a net loss of -$2.7M in FY2024 and an operating margin of 3.9% in FY2025.
- The stock exhibits elevated market risk with a beta of 1.48.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this CISS AI stock analysis
This page is an AI-written research summary of C3is Inc. (CISS). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: CISS income statement, CISS balance sheet, CISS key metrics, CISS chart. See the CISS stock overview for the latest quote and news.
CISS AI stock analysis FAQ
What does C3is Inc. do?
C3is Inc. provides international seaborne transportation services for dry bulk commodities. The company owns and operates two handysize drybulk carriers shipping cargo such as iron ore, coal, grains, and fertilizers.
What is the current financial position and debt level of CISS?
As of June 30, 2026, C3is Inc. held $33.2M in cash and short-term investments with total debt of $64,374, resulting in net cash of $33.2M. Its current ratio stood at 1.68 and its debt-to-equity ratio was 0.00.
How has C3is Inc. performed financially over recent years?
Revenue expanded at a 4-year CAGR of 53.4% from $6.3M in FY2021 to $34.8M in FY2025. Over the trailing twelve months ended June 30, 2026, revenue reached $51.0M with a profit margin of 41.3%.
When is the next earnings release date for C3is Inc.?
The next earnings date for C3is Inc. is scheduled for November 17, 2026.