# Stainless Tankers ASA - Consolidated Financial Statements 30.06.2026

- Press release: STST: Stainless Tankers announces financial results for the three months ended June 30, 2026. (2026-08-05)
- Original: https://storage.mfn.se/c/aHR0cHM6Ly9hcGkzLm9zbG8ub3Nsb2JvcnMubm8vdjEvbmV3c3JlYWRlci9hdHRhY2htZW50P21lc3NhZ2VJZD02NzkwNTcmYXR0YWNobWVudElkPTMzMDQ2Ng/stainless-tankers-asa-consolidated-financial-statements-30-06.pdf?news-id=e2e90d3f-c29b-5b1a-b297-dbe65e3ed064
- Local copy: `data/documents/STST.OL/attachments/2026-08-05_stainless-tankers-asa-consolidated-finan.pdf`

**TL;DR —** Stainless Tankers ASA reported a Q2 2026 profit of $2.49 million, a 12% decrease year-over-year, despite a 17.8% increase in operating revenue, primarily due to higher operating expenses and the absence of vessel disposal gains seen in the prior year.

## Takeaways
- **Q2 2026 Profit:** $2.49 million, down 12% from $2.83 million in Q2 2025.
- **Operating Revenue:** Increased by 17.8% to $11.68 million in Q2 2026 from $9.91 million in Q2 2025.
- **EBITDA:** Rose significantly by 69.2% to $6.55 million in Q2 2026 from $3.87 million in Q2 2025.
- **Vessel Operating Expenses:** Decreased by 16.5% to $4.01 million in Q2 2026 from $4.80 million in Q2 2025.
- **Debt Structure:** Current interest-bearing debt increased to $19.57 million (from $6.18 million at Dec 2025), while non-current debt decreased to $16.79 million (from $33.28 million at Dec 2025).
- **Dividend Distribution:** The company distributed $3.645 million in dividends during H1 2026 ($0.27 per share).

*Generated 2026-08-30 via google/gemini-2.5-flash*