Logotype for Diana Shipping Inc

Diana Shipping (DSX) investor relations material

Diana Shipping Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Diana Shipping Inc
Q3 2025 earnings summary20 Nov, 2025

Executive summary

  • Net income for Q3 2025 was $7.2 million, nearly doubling year-over-year, with strong operational performance, high fleet utilization, and improved charter rates despite a smaller fleet and earlier market softness.

  • For the nine months ended September 30, 2025, net income was $14.7 million, compared to $3.0 million in the same period of 2024.

  • Declared a quarterly cash dividend of $0.01 per share for Q3 2025, with cumulative payout since 2021 reaching $2.69 per share.

  • Maintained a strong cash position of $133.9 million as of September 30, 2025, with net debt/market value at 54%.

  • Continued focus on fleet renewal, ESG initiatives, and disciplined chartering strategy to ensure earnings visibility and resilience.

Financial highlights

  • Q3 2025 time charter revenues were $51.9 million, down from $57.5 million year-over-year due to vessel sales; nine-month revenues were $161.5 million, down from $171.1 million.

  • Adjusted EBITDA was $20.3 million for Q3 2025, compared to $23.7 million in Q3 2024; for the nine months, $65.7 million versus $71.8 million year-over-year.

  • Diluted EPS was $0.05 for Q3 2025, up from zero in Q3 2024.

  • Cash reserves at quarter end were $133.9 million, down from $207.2 million at year-end 2024, reflecting strategic investments.

  • Long-term debt and finance liabilities stood at $651.1 million as of September 30, 2025, up from $637.5 million at year-end 2024.

Outlook and guidance

  • Projected 2025 revenues may not fully cover break-even, but 2026 outlook is positive with expected cash flow profitability.

  • Contracted revenues secured for 87% of remaining 2025 days and 50% of 2026 days, totaling $25.4 million and $118.3 million respectively as of November 12, 2025.

  • Only 13% of 2025 days remain unfixed, supporting earnings visibility; average contract duration is 1.17 years.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Diana Shipping earnings date

Logotype for Diana Shipping Inc
Q4 202524 Feb, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Diana Shipping earnings date

Logotype for Diana Shipping Inc
Q4 202524 Feb, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Diana Shipping Inc. is a global shipping company that specializes in the ownership and operation of dry bulk vessels. The company provides shipping services worldwide, focusing on the transportation of a variety of dry bulk cargoes such as coal, iron ore, grains, and other materials. Diana Shipping's fleet consists of different types of vessels, including Panamax, Kamsarmax, Post-Panamax, and Capesize ships, catering to the needs of major commodity producers, traders, and end-users. The company operates primarily in the dry bulk sector, facilitating the movement of essential raw materials used in global industrial production. The company is headquartered in Athens, Greece, and its shares are listed on the NYSE.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage