Pyxis Tankers Inc. (PXS) Income Statement
PXS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPXS revenue and net income
Where PXS's revenue goes
2025Each bar shows an amount and its share of revenue. PXS kept 5.1% of revenue as net income.
PXS profit margins
PXS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −24.3% | −12.6% | +12.4% | +1.6% |
| Gross profit | −50.9% | −14.8% | +45.3% | −1.0% |
| Operating income | −64.6% | −30.1% | — | +0.0% |
| Net income | −84.5% | −47.0% | — | −5.5% |
| EPS (diluted) | −82.2% | −45.7% | — | +16.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PXS quarterly EPS vs estimates
Pyxis Tankers beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 19, 2026 (estimate $0.24).
PXS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $39.0M | $51.5M | $45.5M | $58.3M | $25.3M | $21.7M | $27.8M | $28.5M | $29.8M | $30.7M |
| Cost of revenue | $25.1M | $23.3M | $18.4M | $35.9M | $26.9M | $19.6M | $23.2M | $24.5M | $21.5M | $19.5M |
| Gross profit | $13.9M | $28.3M | $27.1M | $22.4M | −$1.6M | $2.1M | $4.6M | $4.0M | $8.4M | $11.2M |
| Sales, general & admin | $6.1M | $4.7M | $4.9M | $2.5M | $2.5M | $2.4M | $2.4M | $4.1M | $4.8M | $4.2M |
| Total operating expenses | $8.0M | $11.5M | −$14.8M | $4.6M | $4.5M | $4.1M | $4.3M | $9.6M | $10.7M | $10.2M |
| Operating income | $5.9M | $16.7M | $41.9M | $17.3M | −$8.5M | −$2.3M | $228,000 | −$8.0M | −$2.3M | −$3.0M |
| Interest income | $1.8M | $2.3M | $1.2M | $0 | $0 | — | $5.8M | $4.5M | $2.9M | $2.8M |
| Interest expense | $5.8M | $6.3M | $5.8M | $4.4M | $3.3M | $5.0M | $5.8M | $4.5M | $2.7M | $2.6M |
| Income before taxes | $1.9M | $12.5M | $36.8M | $13.4M | −$12.3M | −$6.9M | −$8.3M | −$8.2M | −$5.2M | −$5.8M |
| Income taxes | — | — | −$200,999 | −$55,000 | $3.3M | $4.6M | $5.8M | $3.8M | −$73,000 | $6.8M |
| Net income | $2.0M | $12.9M | $37.0M | $13.4M | −$15.6M | −$11.5M | −$14.1M | −$8.2M | −$5.2M | −$5.8M |
| EBITDA | $14.1M | $25.7M | $47.9M | $23.9M | −$4.5M | $2.2M | $2.8M | $1.3M | $3.2M | $2.6M |
| EPS (diluted) | $0.19 | $1.07 | $2.96 | $1.19 | −$1.11 | −$1.31 | −$1.60 | −$2.10 | −$1.04 | −$0.42 |
| Gross margin | 35.6% | 54.8% | 59.6% | 38.4% | −6.3% | 9.9% | 16.4% | 14.0% | 28.0% | 36.6% |
| Operating margin | 15.2% | 32.4% | 92.1% | 29.7% | −33.6% | −10.5% | 0.8% | −28.2% | −7.9% | −9.8% |
| Net margin | 5.1% | 25.0% | 81.5% | 23.0% | −61.7% | −53.1% | −50.8% | −28.9% | −17.6% | −18.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.1M | $10.0M | $10.5M | $9.7M | $9.2M | $9.6M | $12.0M | $13.8M | $13.9M | $11.8M | $13.2M | $11.1M |
| Cost of revenue | $6.5M | $5.3M | $6.3M | $6.1M | $5.6M | $6.6M | $7.7M | $7.8M | $6.4M | $6.3M | $6.1M | $5.8M |
| Gross profit | $5.6M | $4.7M | $4.3M | $3.6M | $3.5M | $3.0M | $4.4M | $6.0M | $7.5M | $5.5M | $7.2M | $5.3M |
| Sales, general & admin | $740,000 | $712,000 | $735,000 | $795,000 | $3.7M | $833,000 | $1.3M | $695,000 | $1.2M | $1.1M | $640,000 | $806,000 |
| Total operating expenses | $1.2M | $1.4M | $1.2M | $1.4M | $4.4M | $1.4M | $3.1M | $1.3M | $1.2M | $1.1M | $1.1M | $1.2M |
| Operating income | $4.4M | $3.4M | $3.1M | $2.1M | −$866,000 | $1.6M | $1.3M | $4.7M | $6.3M | $4.5M | $6.1M | $4.1M |
| Interest income | $480,000 | $497,000 | $459,000 | $476,000 | $423,000 | $434,000 | $483,000 | $568,000 | $607,000 | $654,000 | $441,000 | $386,000 |
| Interest expense | $1.3M | $1.3M | $1.4M | $1.4M | $1.5M | $1.5M | $1.4M | $1.8M | $1.6M | $1.5M | $1.6M | $1.4M |
| Income before taxes | $3.6M | $2.5M | $2.2M | $1.2M | −$1.9M | $517,000 | $134,000 | $3.5M | $5.3M | $3.6M | $21.9M | $3.1M |
| Income taxes | — | — | — | — | — | — | — | — | $91,002 | $60,001 | $60,001 | $125,000 |
| Net income | $2.8M | $2.4M | $2.0M | $1.2M | −$2.0M | $766,000 | $314,000 | $3.7M | $5.2M | $3.6M | $21.8M | $3.3M |
| EBITDA | $6.5M | $5.7M | $5.2M | $4.7M | $1.4M | $3.9M | $3.4M | $7.2M | $8.5M | $6.7M | $7.7M | $5.8M |
| EPS (diluted) | $0.27 | $0.23 | $0.20 | $0.11 | −$0.19 | $0.07 | $0.03 | $0.31 | $0.43 | $0.30 | $1.76 | $0.26 |
| Gross margin | 46.3% | 47.3% | 40.7% | 36.7% | 38.4% | 30.8% | 36.3% | 43.5% | 53.7% | 46.8% | 54.0% | 47.7% |
| Operating margin | 36.2% | 33.7% | 29.3% | 22.0% | −9.5% | 16.2% | 10.7% | 34.3% | 45.0% | 37.7% | 45.8% | 36.8% |
| Net margin | 23.2% | 24.3% | 19.3% | 12.3% | −21.9% | 8.0% | 2.6% | 26.9% | 37.3% | 30.9% | 164.7% | 30.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PXS's financial statements (latest annual report filed April 1, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PXS financial results
In fiscal year 2025 (ended December 31, 2025), Pyxis Tankers reported revenue of $39.0 million, down 24.3% from the year before. It had net income of $2.0 million (down 84.5%), a net profit margin of 5.1%. Diluted earnings per share came to $0.19. Over five years revenue grew at an average rate of 12.4% a year.
See the PXS stock overview for the latest quote and news, or the PXS chart for price history and technical indicators.
PXS income statement FAQ
What is Pyxis Tankers's annual revenue?
Pyxis Tankers reported total revenue of $39.0 million for fiscal year 2025, which ended on December 31, 2025. That was down 24.3% from $51.5 million the previous year.
Is Pyxis Tankers profitable?
Yes. Pyxis Tankers reported net income of $2.0 million in fiscal 2025, a net profit margin of 5.1%; its operating margin was 15.2%.
What is Pyxis Tankers's gross margin?
Pyxis Tankers's gross margin was 35.6% in fiscal 2025: for every $100 of revenue, Pyxis Tankers kept $36 after the direct cost of its products and services.
How fast is Pyxis Tankers growing?
Revenue grew 12.4% a year on average over the last five fiscal years, from $21.7 million to $39.0 million.
What are Pyxis Tankers's earnings per share?
Pyxis Tankers earned $0.19 per diluted share in fiscal 2025, compared with $1.07 a year earlier.
When will Pyxis Tankers report its next earnings?
Pyxis Tankers is expected to report results for the quarter ending September 30, 2026 on November 19, 2026 after the market closes.
When does Pyxis Tankers's fiscal year end?
Pyxis Tankers's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 1, 2026.