NYSE$GSL

Global Ship Lease Inc · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Global Ship Lease reported higher revenue and net income year over year with strong charter coverage and contracted revenue visibility.

Global Ship Lease delivered solid Q4 2025 results with revenue growth and higher net income supported by charter renewals at higher rates and fleet additions. The company ended the quarter with strong forward visibility, including $2.24B in contracted revenues and high charter coverage for upcoming years.

  • Revenue increased year over year driven by higher charter renewal rates and fleet additions.
  • Net income rose to $100.22M with EPS of $2.79.
  • Contract coverage reached 99% for 2026 and 81% for 2027.
  • Total contracted revenue backlog reached $2.24B providing strong visibility.

Headline financials

Total Revenue

$191M

Previous: $182M+4.7%
EPS (adj)

$2.32

Previous: $2.55-9.0%
Net Income

$100M

Previous: $90.2M+11.1%
Operating Income

$106M

Previous: $96M+10.1%

Revenue & EPS history

Global Ship Lease · Revenue · Quarterly

$191M

Q4 2025+4.7%vs Q4 2024
Beat estimate in 14 of 15 quarters(93%)
ActualEstimate

Forward guidance

Management highlighted strong forward visibility with significant charter coverage and a large contracted revenue backlog supported by continued demand for mid-sized containerships.

Tailwinds

  • 99% charter coverage for 2026.
  • 81% charter coverage for 2027.
  • Total contracted revenues of $2.24B.
  • Strong balance sheet with reduced leverage around 0.5x.
  • Continued demand for flexible mid-sized containerships.

Headwinds

  • Geopolitical risks affecting global shipping routes.
  • Potential volatility from tariff policies and trade tensions.
  • Operational risks including vessel downtime and drydock schedules.
  • Exposure to charter rate cycles in shipping markets.
  • Rising operating expenses including crew and maintenance costs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-0.1%

Avg return

Earnings day

+1.9%

Avg return

5 days after

+0.8%

Avg return

30 days after

55%

33 / 60 earnings

Positive

+17.1%

Q2 2015

Best reaction

-48.2%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025-3.8%+1.7%+4.7%
Q3 2025+9.1%+8.9%+12.9%
Q2 2025+2.0%+4.6%+8.0%
Q1 2025+5.3%-2.5%+6.6%
Q4 2024+8.2%+6.9%-9.8%
Q3 2024-5.4%-3.8%-11.4%
Q2 2024+7.3%+7.5%-3.7%
Q1 2024+7.8%+9.7%+12.9%
Q4 2023-8.0%-3.4%+2.6%
Q3 2023+1.4%+5.4%+8.3%
Q2 2023-0.7%-1.7%-7.2%
Q1 2023+4.6%+6.4%+4.6%
Q4 2022+6.8%+6.2%-3.3%
Q3 2022+3.7%+1.7%-3.5%
Q2 2022-2.2%-1.5%-7.1%
Q1 2022-4.5%-6.0%-5.2%
Q4 2021+14.0%+7.7%+14.5%
Q2 2021+7.1%+11.5%+35.8%
Q4 2020-13.4%-3.8%+0.7%
Q2 2020+3.0%+10.2%+18.1%
Q1 2020-3.3%-3.1%+1.9%
Q4 2019-9.8%-12.2%-47.6%
Q3 2019-1.9%+0.1%+17.7%
Q2 2019-6.1%-1.0%-16.3%
Q1 2019+3.5%+4.4%+18.2%
Q4 2018+4.5%+0.0%-10.6%
Q3 2018+8.6%+12.6%+0.0%
Q2 2018+2.5%+7.4%-4.9%
Q1 2018+2.5%+11.8%+20.2%
Q4 2017-2.6%-7.0%-1.7%
Q3 2017-2.1%+32.9%-19.2%
Q2 2017-12.5%-17.6%-21.3%
Q1 2017+4.4%-1.5%-7.4%
Q4 2016-9.8%-9.8%-7.8%
Q3 2016+4.8%-1.6%+32.0%
Q2 2016+0.0%-14.0%-2.3%
Q1 2016+13.9%
Q4 2015-48.2%
Q3 2015-6.0%
Q2 2015+17.1%
Q1 2015+0.9%
Q4 2014+3.1%
Q3 2014+8.3%
Q2 2014-5.6%
Q1 2014+5.0%
Q4 2013-1.8%
Q3 2013+6.3%
Q2 2013-2.4%
Q1 2013+2.4%
Q4 2012-16.6%
Q2 2012+0.6%
Q1 2012+6.6%
Q4 2011-4.3%
Q3 2011-6.2%
Q4 2010+7.5%
Q2 2011-19.3%
Q1 2011-0.6%
Q3 2010+4.5%
Q2 2009+2.7%
Q1 2010+0.0%

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