---
title: "StealthGas Q2 Profit, Revenue Decline; Stock Down"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297798635.md"
description: "StealthGas Inc. reported a decline in Q2 profit and revenue, with net income falling to $17.30 million from $20.44 million year-over-year due to lower revenue and higher operating expenses. Consequently, shares dropped over 3% in morning trading."
datetime: "2026-09-02T14:03:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297798635.md)
  - [en](https://longbridge.com/en/news/297798635.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297798635.md)
generator: "portal-rs"
---

# StealthGas Q2 Profit, Revenue Decline; Stock Down

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StealthGas Inc. (GASS), a provider of seaborne transportation services for liquefied petroleum gas (LPG), on Wednesday reported lower second-quarter profit as revenue declined and operating expenses increased.

Net income fell to $17.30 million, or $0.46 per share, from $20.44 million, or $0.55 per share, a year ago. Excluding one-time items, adjusted earnings were $17.24 million or $0.46 per basic share, down from $21.72 million or $0.59 per basic share.

Income from operations decreased to $14.85 million from $19.70 million a year ago.

Total expenses increased to $28.06 million from $27.54 million. Voyage expenses rose to $6.78 million from $3.83 million, partly offset by lower depreciation and a gain on the sale of vessels.

EBITDA decreased to $22.07 million from $26.92 million, while adjusted EBITDA dropped to $22.01 million from $28.20 million last year.

Revenue declined to $42.91 million from $47.23 million in the previous year.

StealthGas shares were down more than 3% in morning trading at $9.29. 

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**