Imperial Petroleum, Inc. (IMPP)
NASDAQ:IMPP
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Earnings Data
Report Date
Jul 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.73Last Year’s EPS
0.38Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a strongly positive operating and financial quarter driven by favorable tanker and dry-bulk market conditions, fleet expansion, high utilization, strong margin and cash balances. Key risks include elevated voyage and running costs, near-term vessel payment commitments (~$130M), geopolitical uncertainty that could reverse tanker rate strength, and a pronounced discrepancy between reported NAV and market valuation. On balance, reported achievements and cash/earnings strength materially outweigh the risks discussed.Company Guidance
Strong Revenue and Profitability
Revenues of $61.7M in Q1 26, up 21% vs Q4 25 and ~92% vs Q1 25; net income of $28M (second-best quarterly performance); operating income $26.5M (increase of $12.8M or 94% vs Q4 25 and $18.7M or 240% vs Q1 25); EBITDA $34.4M; basic EPS $0.60 (vs $0.32 in prior comparable period).
Large Net Revenue and Margin Expansion
Net revenues ~ $49M vs $21.6M in Q1 25, a ~127% increase; reported net income margin climbed to 45% in Q1 26.
Fleet Growth and High Utilization
Fleet on the water increased to 21 vessels after delivery of the handysize 'Crossfire' (additional 5 vessels to be delivered soon); overall calendar-day operational utilization 88.7% (tankers 87.8%, dry vessels 89.5%); ~59% of calendar days on time charter and ~40% on spot.
Robust Cash Position and Debt-Free Balance Sheet
Cash and cash equivalents (including time deposits) of about $213M as of March 31, 2026 (vs $179M at end of year 25); company reports being debt-free and generating ongoing cash from operations.
Active Share Buyback and Attractive NAV Gap
Repurchased 856k common shares for ~$3.8M to date (May 21); management estimates NAV per share ~ $13 vs current share price ~ $5, implying a reported discount in excess of 60%.
Market Tailwinds Driving Rates and Demand
Tanker market surge driven by Middle East disruptions: reported tanker daily net revenue increased to ~$43k/day in Q1 26 (from ~$27k/day in Q4 25); MR and Suezmax average/peak rates reported (MR ~29k/day, Suezmax reported up to >$200k–$260k/day at peak); dry bulk momentum with BBI Supramax PC index +40.3% YoY and BDI Handysize index +36.7% YoY; dry bulk rates reported near ~$20k/day.
EBITDA and Cash-Generation Metrics
Reported EBITDA of $34.4M for Q1 26; management highlighted strong operating cash generation and an asserted operating cash flow of $387M for Q1 26 (as reported).
IMPP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IMPP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 22, 2026 | $5.13 | $5.68 | +10.72% |
Mar 06, 2026 | $4.17 | $4.53 | +8.50% |
Dec 11, 2025 | $4.48 | $4.26 | -4.91% |
Sep 05, 2025 | $3.46 | $3.53 | +2.02% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Imperial Petroleum, Inc. (IMPP) report earnings?
Imperial Petroleum, Inc. (IMPP) is schdueled to report earning on Jul 29, 2026, Before Open (Confirmed).
What is Imperial Petroleum, Inc. (IMPP) earnings time?
Imperial Petroleum, Inc. (IMPP) earnings time is at Jul 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IMPP EPS forecast?
IMPP EPS forecast for the fiscal quarter 2026 (Q2) is 0.73.