4 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 3786.0% per year over the past 3 years.
Financial health
Operating income covered interest expense 0.0× in the latest year, down from 1406× 3 years ago.
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Shareholder returns
Dividends have been paid for 4 consecutive years.
The dividend has declined 61.3% per year over the past 3 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$2M
-$4M
0.0%
10.8%
-19.6%
-7.2%
-$5M
—
$4M
2024
$43000
-$210000
0.0%
395.3%
-1.8%
-0.7%
-$17M
—
$946000
2023
—
$1M
—
—
12.6%
9.0%
$2M
—
$3M
2022
—
$4M
—
—
29.6%
—
$4M
—
$4M
Valuation over time
How the market has priced ICON against its own fundamentals since 2024-07 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 408.6× (Jul '24) to 345.1× (Nov '24).
The price-to-sales ratio has fallen from 7145.1× (Dec '24) to 0.4× (Nov '26).
The dividend yield has risen from 0.7% (Jul '24) to 21.4% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is ICON growing its revenue and profit?
Over the past 3 years, Icon Energy Corp's revenue has grown 3786.0% per year. These are computed facts, not advice.
How much debt does ICON have?
As of FY2025, Icon Energy Corp reported — of total debt against $4M of cash; operating income covered interest expense 0.0×.
What is ICON's profit margin?
In FY2025, gross margin was —, operating margin 10.8%, and net margin -251.2%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.