TMD Energy Ltd income statement

In fiscal 2026, TMD Energy Ltd reported revenue of $545m, down 20.8% on the year before, operating income of −$12.9m (a -2.4% margin) and net income of −$18.6m, or −$0.79 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

TMD Energy Ltd: income statement, annual
Fiscal year	2023Dec 2022	2024Dec 2023	2025Dec 2024	2026Jun 2026
Revenue	702	633	689	545
Cost of revenue	689	621	673	542
Gross profit	13	12	16	3
Selling and marketing	0	0	0	1
General and administrative	6	5	5	10
Operating income	4	3	6	−13
Interest expense	2	2	5	5
Net interest income	—	0	0	—
Income before tax	3	4	3	−19
Income tax	−0	1	1	−0
Net income	2	2	2	−19
Diluted EPS	$0.12	$0.10	$0.09	−$0.79
Diluted shares (average)	20m	20m	20m	24m
EBITDA	7	7	11	−8

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

Compare with peers

Head to head: SMC vs TMDE MMLP vs TMDE DKL vs TMDE

More: Oil & Gas Storage & Transportation stocks compared, Energy sector, rankings of US companies

Figures from TMD Energy Ltd's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to TMD Energy Ltd.