OSL$CLCO

Cool Company Ltd · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Cool Company Ltd. reported strong Q2 2025 results with steady revenues and improved operating metrics despite a challenging spot market.

Cool Company Ltd. delivered a profitable Q2 2025 with $11.9 million in net income, driven by high fleet utilization and continued time charter earnings stability. Operating income rose due to lower vessel operating and depreciation expenses.

Headline financials

Total Revenue

$85.5M

Previous: $83.4M+2.5%
EPS (adj)

$0.22

Previous: $0.41-46.3%
Adjusted EBITDA

$43.9M

Previous: $55.7M-21.2%
Time Charter Equivalent

$71.3K

Previous: $78.4K-9.1%
Fleet Utilization

97.5%

Previous: 99.0%-1.5%
Net Income

$11.9M

Previous: $26.5M-55.2%
Operating Income

$19.1M

Previous: $41.4M-53.7%

Revenue & EPS history

Cool Company Ltd · Revenue · Quarterly

$85.5M

Q2 2025+2.5%vs Q2 2024
Beat estimate in 7 of 8 quarters(88%)
ActualEstimate

Revenue by segment

Cool Company Ltd · $92.9M total across 3 segments · Q3 2023

  • Time & voyage charter
    $84.5M
  • Charter amortization
    $4.52M
  • Mgmt fee revenue
    $3.86M

Forward guidance

CoolCo expects stable earnings supported by contracted revenues, though spot market softness may pressure upside potential.

Tailwinds

  • Fleet fully contracted through Q3 2025
  • Strong liquidity position of $140.4M
  • High utilization supports earnings stability
  • New charters secured at firm rates
  • Management fee revenue remains consistent

Headwinds

  • Spot market continues to show weakness
  • Exposure to charter roll-offs in 2026
  • Interest expense remains elevated
  • Limited fleet growth near term
  • Uncertainty around long-term market demand

Historical earnings impact

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

Avg. return before/after earnings

Based on 3 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

-1.9%

Avg return

Earnings day

-11.6%

Avg return

5 days after

-8.9%

Avg return

30 days after

25%

1 / 4 earnings

Positive

+0.7%

Q2 2025

Best reaction

-6.1%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025+0.7%-2.0%+15.2%
Q1 2025-2.4%-1.0%+4.9%
Q4 2024-6.1%-23.9%-28.1%
Q3 2024+0.0%-19.6%-27.4%
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q1 2022
Q2 2023
Q1 2023
Q4 2022
Q4 2020
Q4 2021

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