Financials · CISS

C3is Inc. (CISS) financials

For fiscal 2025 (ended Dec 31, 2025), C3is Inc. reported $34.76M of revenue and $10.47M of net income.

Revenue, FY2025
$34.76M
Revenue growth, YoY
-17.8%
Net income, FY2025
$10.47M
Net margin
30.1%
Free cash flow, FY2025
$3.84M
EPS, diluted, FY2025
$3.98
Cash
$616.6K
P/E
0.70
P/S
0.21
Market cap
$7.4M
Annual revenue$34.76M
FY2023FY2025
Annual net income$10.47M
FY2023FY2025
Annual free cash flow$3.84M
FY2023FY2025

CISS revenue and earnings growth

CISS revenueFY2025$34.76M

FY YoY
-17.8%

CISS revenue was $34.76M for fiscal 2025 (ended Dec 31, 2025), down 17.8% from fiscal 2024.

CISS net incomeFY2025$10.47M

CISS net income was $10.47M for fiscal 2025 (ended Dec 31, 2025), compared with -$2.75M in fiscal 2024.

CISS EPSFY2025$3.98

CISS diluted EPS was $3.98 for fiscal 2025 (ended Dec 31, 2025).

CISS free cash flowFY2025$3.84M

FY YoY
-83.6%

CISS free cash flow was $3.84M for fiscal 2025 (ended Dec 31, 2025), down 83.6% from fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Revenue$34.76M$42.30M$28.74M
Operating income$1.36M$10.06M$10.43M
Net income$10.47M-$2.75M$9.29M
EPS, basic$46.50-$351.58$47133.25
EPS, diluted$3.98-$351.58$18911.99
Diluted shares350,05523,007487

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Cash and equivalents$616.6K$4.64M$695.3K
Inventory$1.31M$884.1K$689.3K
Current assets$20.84M$16.34M$20.31M
Total assets$98.49M$100.49M$95.47M
Current liabilities$3.36M$18.69M$39.93M
Total liabilities$3.39M$29.13M$39.93M
Shareholders' equity$95.10M$71.36M$55.54M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Operating cash flow$4.00M$24.98M$5.64M
Capital expenditures$161.9K$1.62M$4.30M
Free cash flow$3.84M$23.35M$1.34M
Investing cash flow-$6.54M-$1.36M-$12.43M
Financing cash flow-$1.49M-$19.67M$7.48M
Stock-based compensation$375.2K$337.9K$37.6K

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Revenue growth, YoY-17.8%47.2%-
Operating margin3.9%23.8%36.3%
Net margin30.1%-6.5%32.3%
Free cash flow margin11.0%55.2%4.7%
Return on equity11.0%-3.9%16.7%
Return on assets10.6%-2.7%9.7%
Current ratio6.210.870.51

Source: XBRL data C3is Inc. files with the SEC, latest filing dated Apr 22, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures and share counts are restated for stock splits the filings show: 1-for-15, first reported Apr 28, 2025; 1-for-20, first reported Apr 22, 2026.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

CISS peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
CISS$34.76M-17.8%$10.47M30.1%$7.4M
GD$56.52B+9.7%$4.66B8.2%$97.84B
RCL$19.13B+9.7%$4.55B23.8%$90.13B
CCL$27.59B+5.2%$3.14B11.4%$41.43B
VIK$6.50B+21.9%$1.15B17.7%$38.86B
BIP$23.10B+9.8%$2.53B11.0%$18.16B
HII$13.53B+12.6%$733.00M5.4%$11.99B
FRO$1.97B-8.8%$379.08M19.2%$9.86B
NCLH$10.16B+4.9%$832.94M8.2%$8.46B

CISS FAQ

8 questions
  • What is CISS revenue?
    C3is Inc. (CISS) reported $34.76M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 17.8% from the year before.
  • Is CISS profitable?
    Yes. C3is Inc. earned $10.47M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 30.1%.
  • How much cash and debt does CISS have?
    C3is Inc. reported $616.6K in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is CISS revenue growing?
    C3is Inc.'s revenue changed -17.8% in fiscal 2025, to $34.76M.
  • What is CISS free cash flow?
    C3is Inc. generated $3.84M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $4.00M less capital expenditures.
  • What is CISS earnings per share?
    Diluted earnings per share were $3.98 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did CISS last report financial results?
    The latest statements here come from C3is Inc.'s 20-F filed on Apr 22, 2026, covering the period ended Dec 31, 2025.
  • Where does this CISS financial data come from?
    Quantisnow builds these statements from the structured XBRL data C3is Inc. files with the SEC. It is provided for information only and is not investment advice.