Danaos delivered robust Q4 results with strong operating revenues, high utilization across both container and drybulk fleets, and solid profitability.

Danaos delivered a strong quarter with $130.6M in net income and steady operational performance. The company expanded its newbuilding program and added significantly to its revenue backlog.

Danaos Corporation experienced an increase in operating revenues for the second quarter of 2025, driven by growth in both container and drybulk vessel segments. However, net income and adjusted net income saw a decline primarily due to increased operating expenses and finance expenses. The company maintained strong fleet utilization and a disciplined capital allocation strategy, adding a new container vessel to its orderbook with a secured long-term charter.

Danaos Corporation reported a decrease in net income and adjusted net income for the first quarter of 2025 compared to the same period in 2024, primarily due to increased operating expenses, higher net finance expenses, and lower investment gains. Revenue remained relatively stable.

Danaos Corporation's Q4 2024 results show a mixed performance with operating revenues increasing by 3.6% to $258.2 million, but net income decreasing to $90.4 million from $149.9 million in Q4 2023. Diluted EPS also fell to $4.70 from $7.70 in the prior year period. The decrease in net income was primarily due to increased operating expenses and a significant loss on marketable securities, partially offset by higher operating revenues.