NASDAQ$TORO
Toro Corp · Q1 2026 earnings
Q1 2026 earnings · · Before market open · Investor relations
Briefing
Toro Corp reported Q1 2026 vessel revenues of $6.0 million and net income of $0.5 million.
Toro Corp., a global energy transportation provider, announced results for the three months ended March 31, 2026. Total vessel revenues rose 9.1% year-over-year to $6.0 million, driven by higher TCE rates despite a smaller fleet. Net income declined 68.8% to $0.5 million amid higher G&A and changes in fleet composition.
- Vessel revenues increased to $6.0 million from $5.5 million YoY on higher average Daily TCE Rate of $15,531.
- Net income fell to $0.5 million from $1.6 million YoY due to fleet changes and elevated expenses.
- Cash position stood at $81.6 million at quarter end, down from $87.4 million.
- Company secured up to $60 million revolving credit facility and paid special dividends.
Headline financials
Revenue & EPS history
Toro · Revenue · Quarterly
$6M
Forward guidance
Management highlighted solid operational performance, strong balance sheet, and focus on accretive opportunities with no specific numerical guidance provided.
Tailwinds
- Full charter coverage and disciplined execution
- New $60M revolving credit facility for flexibility
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 7 quarterly earnings reports
-8.1%
Avg return
Earnings day
-9.7%
Avg return
5 days after
-16.9%
Avg return
30 days after
56%
5 / 9 earnings
Positive
+10.2%
Q4 2023
Best reaction
-39.5%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | — | — | — | |
| Q2 2024 | +4.1% | +2.2% | -1.3% | |
| Q1 2024 | +1.3% | +4.5% | +0.8% | |
| Q4 2023 | +10.2% | +13.8% | +5.7% | |
| Q3 2023 | -11.8% | -10.8% | +5.5% | |
| Q2 2023 | +6.3% | +9.9% | +0.3% | |
| Q2 2022 | +6.3% | +9.9% | +0.3% | |
| Q1 2023 | -10.2% | -13.6% | -17.2% | |
| Q4 2021 | -39.5% | -51.6% | -73.0% | |
| Q4 2022 | -39.5% | -51.6% | -73.0% | |
| Q3 2022 | — | — | — | |
| Q1 2022 | — | — | — | |
| Q3 2021 | — | — | — | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — |
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