PXS Pyxis Tankers Inc.
Price Chart
Executive Summary
Pyxis Tankers reported a strong rebound in Q4 2025 with net income of $2.0 million, reversing a $2.4 million loss in the same period of 2024, driven by improved dry-bulk TCE rates and lower voyage costs. However, full-year 2025 revenue declined 24.3% to $39.0 million and adjusted EBITDA fell 41.3% YoY due to significantly lower tanker charter rates. The company refinanced two vessels, generating $9.9 million in net proceeds for fleet expansion and bolstering its cash position to $54 million.
Key Financial Metrics
Actionable Insight
Traders should monitor the divergence between improving dry-bulk rates and weakening tanker markets, and assess whether the $9.9 million in refinancing proceeds leads to near-term fleet expansion. The strong Q4 rebound may support short-term sentiment, but the full-year decline in core earnings remains a concern.
Key Facts
- Q4 2025 net income was $2.0 million vs. $2.4 million loss in Q4 2024
- Full-year 2025 revenue declined 24.3% to $39.0 million from $51.5 million in 2024
- Adjusted EBITDA fell 41.3% YoY to $14.1 million in 2025
- Dry-bulk TCE rates surged 44.8% YoY in Q4 2025 to $16,766/day
- MR tanker TCE rates declined 6.0% YoY in Q4 2025 to $20,766/day
- Refinanced two vessels, generating $9.9 million in net proceeds for fleet expansion
- Cash and short-term deposits totaled $54 million at year-end 2025
Financial Impact
Full-year revenue down $12.5 million, adjusted EBITDA down $9.9 million, but Q4 profitability recovered strongly with $2.0 million net income and $5.2 million adjusted EBITDA
Risk Factors
- Continued softness in MR tanker charter rates, with full-year 2025 TCE down 26.7% YoY
- Geopolitical risks in Red Sea and Middle East disrupting trade flows
- Fleet expansion plans may lead to dilution or increased leverage
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3250110 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 26, 2026
19d ago
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6-K
| $4.75 $4.24 | ▼ −10.74% | ▼ −11.95% | $4.62 (−2.74%) |
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May 18, 2026
27d ago
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Press Release
| $4.49 $4.79 | ▲ +6.68% | ▲ +4.43% | $4.62 (+2.90%) |
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Apr 24, 2026
7w ago
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6-K
| $4.54 $4.63 | ▲ +1.98% | ▲ +1.58% | $4.62 (+1.76%) |
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Apr 24, 2026
7w ago
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Press Release
| $4.54 $4.63 | ▲ +1.98% | ▲ +1.58% | $4.62 (+1.76%) |
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Apr 10, 2026
9w ago
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6-K
| $4.45 $4.44 | ▼ −0.22% | ▼ −4.73% | $4.62 (+3.82%) |
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Apr 1, 2026
10w ago
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Press Release
| $4.40 $4.45 | ▲ +1.14% | ▼ −2.48% | $4.62 (+5.00%) |
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Apr 1, 2026
10w ago
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20-F
| $4.40 $4.45 | ▼ −1.14% | ▲ +2.48% | $4.62 (−5.00%) |
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Mar 5, 2026
14w ago
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Press Release
| $3.94 $3.88 | ▼ −1.52% | ▲ +0.71% | $4.62 (+17.26%) |
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Mar 3, 2026
14w ago
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Press Release
| $4.23 $3.89 | ▼ −8.04% | ▼ −6.70% | $4.62 (+9.22%) |
US Market Status
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