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NASDAQ · Consumer discretionary

Imperial Petroleum Inc./Marshall Islands (IMPP)

Imperial Petroleum Inc./Marshall Islands reported revenue of $161M in fiscal 2025, up 9.2% from a year earlier. Net income was $50M, a net margin of 31.0%. Operating cash flow minus capital spending left $79.1M of free cash flow in fiscal 2025. At December 31, 2025 it held $5.8M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 29, 2026.

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Price
$4.99
-1.58% on the day · September 28, 2026
52-week range $3.15 to $6.57
Market cap
$225.6M
Revenue (FY2025)
$161M
+9.2% year on year
Net margin
31.0%

What Imperial Petroleum Inc./Marshall Islands does

Imperial Petroleum Inc./Marshall Islands is registered with the SEC under industry code SIC 4412 (Deep Sea Foreign Transportation of Freight). Its shares trade on NASDAQ under the ticker IMPP.

Revenue and profit by year

Revenue
FY19: $13.3M $13.3M FY19FY21: $20.3M $20.3M FY21FY21: $17.4M $17.4M FY21FY22: $97M $97M FY22FY23: $183.7M $183.7M FY23FY24: $147.5M $147.5M FY24FY25: $161M $161M FY25
Net income
FY19: -$375.2K -$375.2K FY19FY21: -$393.8K -$393.8K FY21FY21: -$3.6M -$3.6M FY21FY22: $29.5M $29.5M FY22FY23: $71.1M $71.1M FY23FY24: $50.2M $50.2M FY24FY25: $50M $50M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$161M$39.9M$50M$1.29$79.1M
2024$147.5M$44.1M$50.2M$1.40$3M
2023$183.7M$66M$71.1M$2.93$51.4M
2022$97M$29.8M$29.5M$2.88-$77.8M
2021$17.4M-$3.5M-$3.6M-$11.87$5.1M
2021$20.3M-$355.4K-$393.8K-$1.20$8.1M

Full financial statements: income, balance sheet and cash flow

Where IMPP ranks in Consumer discretionary

Revenue$161M
#724 of 1065 in Consumer discretionary · Bottom 32%
Revenue growth+9.2%
#295 of 950 in Consumer discretionary · Top 31%
Net margin31.0%
#36 of 966 in Consumer discretionary · Top 4%
Free cash flow margin49.1%
#8 of 850 in Consumer discretionary · Top 1%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Consumer discretionary

Latest SEC filings

What Imperial Petroleum Inc./Marshall Islands has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 11, 2026
  2. August 28, 2026
  3. August 28, 2026
  4. August 14, 2026
  5. July 30, 2026
  6. June 24, 2026
  7. June 24, 2026
  8. May 22, 2026
  9. May 15, 2026
  10. May 6, 2026

Recent insider filings (Forms 3, 4 and 144): 6, the latest on August 21, 2026. Insider transactions on SEC

Insider trades

What the people running Imperial Petroleum Inc./Marshall Islands did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider bought or sold shares on the open market in the last 90 days. The 1 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
August 21, 2026 Vafias HarryCEO and President, Director Exercised options 149,502 $3.01 $450K Form 4
June 22, 2026 Vafias HarryCEO and President, Director Received as pay 440,000 - - Form 4
June 22, 2026 Vafias HarryCEO and President, Director Gave as a gift 33,627 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns IMPP

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Harry N. Vafias13D, may seek influence with 2 related filers 31.9% 14,266,903 June 24, 2026

Latest filings below 5%: Anson Funds Management LP 3.6% (August 14, 2026); Empery Asset Management, LP 4.99% (April 15, 2026); Wexford Capital LP 4.83% (September 29, 2025); Hudson Bay Capital Management LP 2.05% (November 8, 2024); Galloway Capital Partners, LLC 2.33% (October 11, 2023).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 59 managers reported a position.

HolderSharesValueChange on quarter
Anson Funds Management LP1,580,490$7.3M-5,352,870
Deuterium Capital Management, LLC790,000$3.6M-36,754
Renaissance Technologies LLC646,545$3M+97,405
Marshall Wace, Llp630,497$2.9M-176,124
PEAK6 LLC603,098$2.8M-155,000
Two Sigma Investments, LP518,832$2.4M+412,217
Bnp Paribas Financial Markets516,471$2.4M+391,746
Jane Street Group, LLC491,969$2.3M+318,525
Empowered Funds, LLC398,562$1.8M+69,312
Farther Finance Advisors, LLC397,700$1.8Mnew
Millennium Management LLC380,198$1.8M+262,045
Jpmorgan Chase & Co340,332$1.6M+287,692
Squarepoint Ops LLC335,942$1.5M-20,476
Point72 Asset Management, L.P.310,744$1.4M+54,780
Morgan Stanley308,105$1.4M+165,335
Susquehanna International Group, Llp306,654$1.4M-74,343
WINTON GROUP Ltd286,133$1.3Mnew
Centiva Capital, LP223,973$1M+73,349
Commons Capital, LLC222,624$1M+151,624
UBS Group AG172,661$796K-34,744

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

1 insiders reported holding 3,801,008 shares in total, about $19M at the last price.

HolderSharesAs of
Vafias HarryCEO and President, Director 3,801,008 August 21, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about IMPP

What does Imperial Petroleum Inc./Marshall Islands do?

Imperial Petroleum Inc./Marshall Islands is registered with the SEC under industry code SIC 4412 (Deep Sea Foreign Transportation of Freight). Its shares trade on NASDAQ under the ticker IMPP.

Is Imperial Petroleum Inc./Marshall Islands profitable?

Yes. In fiscal 2025 it reported net income of $50M on revenue of $161M, a net margin of 31.0%.

How much revenue does Imperial Petroleum Inc./Marshall Islands make?

In fiscal 2025 Imperial Petroleum Inc./Marshall Islands reported revenue of $161M. That is 9.2% more than a year earlier.

When did Imperial Petroleum Inc./Marshall Islands last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 29, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 11, 2026.

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Where the numbers come from

Financial figures are the values Imperial Petroleum Inc./Marshall Islands tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.