STOCK TITAN

Pyxis Tankers Inc. (PXS) Financials

PXS
FY2025 annual
Revenue $39.0M -24.3% YoY
Net Income $2.0M -84.5% YoY
EPS (Diluted) $0.19 -79.1% YoY
Operating Cash Flow $13.6M -27.8% YoY
Market Cap $79.1M as of Oct 13, 2026
Price / Sales 2.0x on $39.0M revenue, FY2025
Price / Earnings 39.7x on $2.0M net income, FY2025
Price / Book 0.8x on $95.2M equity, Q4 FY2025

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Currency USD FYE December

Newest figures come from the F-1/A for FY2025, filed Jul 23, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PXS SEC filings page.

Pyxis Tankers Inc. (PXS) reported $39.0M in revenue for fiscal year 2025, down 24.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI PXS FY2025

Pyxis is an asset-heavy tanker operator whose 2025 earnings weakened sharply, while cash generation remained above accounting profit and debt stayed broadly stable.

FY2025 operating cash flow was $13.6M versus net income of $2.0M, so cash conversion materially exceeded reported earnings. That cash conversion coexisted with operating margin compression from 32.5% in FY2024 to 15.2%, showing that weaker profitability did not eliminate cash generation.

The balance sheet expanded from $188.9M of assets in FY2024 to $193.4M in FY2025 without a comparable shift in financing structure. Debt-to-equity remained about 0.8x, while a 4.4x current ratio indicates substantial reported short-term asset coverage relative to current liabilities.

FY2023 and FY2024 each produced positive operating cash flow but negative free cash flow, indicating that capital spending, not just reported earnings, drove cash needs. Capital expenditures were $28.5M in FY2023 and $45.0M in FY2024, showing a lumpy reinvestment pattern.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 42 / 100
Financial Health Score 42/100
Scored as: Energy peer group

Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Pyxis Tankers Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
58

Pyxis Tankers Inc. has an operating margin of 15.2%, meaning the company retains $15 of operating profit per $100 of revenue. This results in a moderate score of 58/100, indicating healthy but not exceptional operating efficiency. This is down from 32.5% the prior year.

Growth
22

Pyxis Tankers Inc.'s revenue declined 24.3% year-over-year, from $51.5M to $39.0M. This contraction results in a growth score of 22/100.

Leverage
21

Pyxis Tankers Inc. has elevated debt relative to equity (D/E of 0.83), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 21/100, reflecting increased financial risk.

Liquidity
90

With a current ratio of 4.45, Pyxis Tankers Inc. holds $4.45 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 90/100.

Cash Flow
9
Returns
54

Pyxis Tankers Inc.'s ROE of 2.1% shows moderate profitability relative to equity, earning a score of 54/100. This is down from 13.8% the prior year.

Altman Z-Score Distress
1.04

Pyxis Tankers Inc. scores 1.04, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
5/8

Pyxis Tankers Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
6.82x

For every $1 of reported earnings, Pyxis Tankers Inc. generates $6.82 in operating cash flow ($13.6M OCF vs $2.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk
1.02x

Pyxis Tankers Inc. earns $1.02 in operating income for every $1 of interest expense ($5.9M vs $5.8M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

None of these metrics is reported for Q4 2025.

Cash & Balance Sheet

Cash & Debt
$35.6M
YoY+67.4%
QoQ+29.6%
5Y CAGR+53.9%

Pyxis Tankers Inc. held $35.6M in cash against $79.3M in long-term debt as of Q4 2025.

Shares Outstanding
10M
YoY-1.3%
QoQ-0.6%

Pyxis Tankers Inc. had 10M shares outstanding in Q4 2025. This represents a decrease of 1.3% from the same quarter a year earlier. Against the prior quarter it is down 0.6%.

Free Cash Flow

Not reported for Q4 2025.

Dividends Per Share

Not reported for Q4 2025.

Margins & Returns

None of these metrics is reported for Q4 2025.

Capital Allocation

None of these metrics is reported for Q4 2025.

PXS Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PXS quarterly income statement
MetricQ4'25F-1/AQ2'2510-QQ4'24F-1/AQ2'2410-QQ4'2310-KQ2'2310-QQ4'2210-KQ3'2210-Q
EPS (Basic)N/AN/AN/AN/AN/AN/A$0.61+201.7%N/A
EPS (Diluted)N/AN/AN/AN/AN/AN/A$0.53+188.3%N/A

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, Diluted Shares (Avg).

PXS Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PXS quarterly balance sheet
MetricQ4'25F-1/AQ2'2510-QQ4'24F-1/AQ2'2410-QQ4'2310-KQ2'2310-QQ4'2210-KQ3'2210-Q
Total Assets$193.4M+2.4%$186.6M-6.0%$188.9M+13.6%$198.6M+45.2%$166.3M+19.7%$136.7M+0.7%$139.0M-2.5%$138.1M
Current Assets$56.6M+22.8%$46.1M-9.8%$46.1M-24.2%$51.1M+34.5%$60.9M+188.1%$38.0M+154.3%$21.1M+10.6%$18.7M
Cash & Equivalents$35.6M+67.4%$27.4M+8.0%$21.2M-38.5%$25.4M-20.7%$34.5M+356.7%$32.0M+781.4%$7.6M+22.4%$4.3M-45.1%
Short-Term Investments$18.0M+5.9%$14.0M-17.6%$17.0M-15.0%$17.0M$20.0M$0$0$0
Inventory$536K-71.6%$1.4M-32.1%$1.9M+97.4%$2.1M+146.0%$957K-49.9%$858K-75.2%$1.9M+22.0%$2.8M
Accounts Receivable$2.0M-60.2%$2.5M-52.6%$5.0M+1.5%$5.2M+25.8%$5.0M-52.6%$4.1M-21.3%$10.5M+510.1%$9.0M
Long-Term Investments$0$0$0$0$0$0$0$0
Total Liabilities$98.3M+2.9%$94.6M-5.8%$95.5M+36.9%$100.4M+57.0%$69.8M-10.1%$63.9M-25.7%$77.6M-17.2%$83.2M
Current Liabilities$12.7M+4.0%$15.3M+18.9%$12.3M+21.5%$12.9M+21.9%$10.1M-19.7%$10.5M-41.5%$12.6M-45.0%$16.7M
Non-Current Liabilities$79.3M+3.0%$73.2M-9.5%$77.0M+39.0%$80.8M+51.4%$55.4M-14.9%$53.4M-21.5%$65.0M-8.2%$66.5M
Long-Term Debt$79.3M+3.0%$73.2M-9.5%$77.0M+39.0%$80.8M+51.4%$55.4M-6.2%$53.4M-13.8%$59.0M-9.0%$60.5M
Total Equity$95.2M+1.9%$92.0M-6.3%$93.4M-3.3%$98.2M+34.9%$96.5M+57.3%$72.8M+46.2%$61.4M+25.6%$54.9M+4.7%
Retained Earnings-$2.7M+42.7%-$5.9M-1.5%-$4.7M+67.3%-$5.8M+85.1%-$14.3M+71.7%-$39.0M+37.1%-$50.5M+19.9%-$57.0M

Not reported in any period shown, so not listed: Goodwill.

PXS Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PXS quarterly cash flow statement
MetricQ4'25F-1/AQ2'2510-QQ4'24F-1/AQ2'2410-QQ4'2310-KQ2'2310-QQ4'2210-KQ3'2210-Q
Operating Cash FlowN/AN/AN/AN/AN/AN/A$5.1M+101.7%$2.4M+204.6%
Depreciation & AmortizationN/AN/AN/AN/AN/AN/A$1.5M+12.3%$1.5M+15.3%
Capital ExpendituresN/AN/AN/AN/AN/AN/A$0-100.0%$0-100.0%
Free Cash FlowN/AN/AN/AN/AN/AN/A$5.1M+124.9%$2.4M+112.5%
Investing Cash FlowN/AN/AN/AN/AN/AN/A-$6K+100.0%$0+100.0%
Financing Cash FlowN/AN/AN/AN/AN/AN/A-$1.8M-108.9%-$1.8M-110.3%

Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.

PXS Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PXS quarterly financial ratios
MetricQ4'25F-1/AQ2'2510-QQ4'24F-1/AQ2'2410-QQ4'2310-KQ2'2310-QQ4'2210-KQ3'2210-Q
Current Ratio4.45+0.7x3.02-1.0x3.76-2.3x3.98+0.4x6.04+4.4x3.60+2.8x1.68+0.8x1.12
Debt-to-Equity0.830.0x0.800.0x0.82+0.3x0.82+0.1x0.57-0.4x0.73-0.5x0.96-0.4x1.10

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Pyxis Tankers Inc. PXS FY2025 $39.0M $2.0M 5.1% $79.1M 42/100
TOP Ships Inc. TOPS FY2025 $80.4M $3.1M 3.8% $3.8M 32/100
CBL International Limited BANL FY2025 $538.5M -$3.0M -0.6% $8.9M 34/100
Imperial Petroleum Inc. IMPP FY2025 $161.0M $50.0M 31.0% $247.3M 57/100
DYNAGAS LNG PARNERS LP DLNG FY2025 N/A $61.6M N/A $131.0M —

Frequently Asked Questions

What is Pyxis Tankers Inc.'s annual revenue?

Pyxis Tankers Inc. (PXS) reported $39.0M in total revenue for fiscal year 2025. This represents a -24.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Pyxis Tankers Inc.'s revenue growing?

Pyxis Tankers Inc. (PXS) revenue declined by 24.3% year-over-year, from $51.5M to $39.0M in fiscal year 2025.

Is Pyxis Tankers Inc. profitable?

Yes, Pyxis Tankers Inc. (PXS) reported a net income of $2.0M in fiscal year 2025, with a net profit margin of 5.1%.

Pyxis Tankers Inc. (PXS) reported diluted earnings per share of $0.19 for fiscal year 2025. This represents a -79.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Pyxis Tankers Inc. (PXS) had EBITDA of $13.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Pyxis Tankers Inc. (PXS) had $35.6M in cash and equivalents against $79.3M in long-term debt.

Pyxis Tankers Inc. (PXS) had an operating margin of 15.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Pyxis Tankers Inc. (PXS) had a net profit margin of 5.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Pyxis Tankers Inc. (PXS) has a return on equity of 2.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Pyxis Tankers Inc. (PXS) generated $13.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Pyxis Tankers Inc. (PXS) had $193.4M in total assets as of fiscal year 2025, including both current and long-term assets.

Yes, Pyxis Tankers Inc. (PXS) spent $472K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Pyxis Tankers Inc. (PXS) had 10M shares outstanding as of fiscal year 2025.

Pyxis Tankers Inc. (PXS) had a current ratio of 4.45 as of fiscal year 2025, which is generally considered healthy.

Pyxis Tankers Inc. (PXS) had a debt-to-equity ratio of 0.83 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Pyxis Tankers Inc. (PXS) had a return on assets of 1.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Pyxis Tankers Inc. (PXS) trades at 39.7x earnings, its market capitalization divided by net income of $2.0M net income, FY2025. The market capitalization is $79.1M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Pyxis Tankers Inc. (PXS) trades at 2.0x sales, its market capitalization divided by revenue of $39.0M revenue, FY2025. The market capitalization is $79.1M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Pyxis Tankers Inc. (PXS) has an Altman Z-Score of 1.04, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Pyxis Tankers Inc. (PXS) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Pyxis Tankers Inc. (PXS) has an earnings quality ratio of 6.82x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Pyxis Tankers Inc. (PXS) has an interest coverage ratio of 1.02x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Pyxis Tankers Inc. (PXS) scores 42 out of 100 on our Financial Health Score, indicating moderate standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

Back to top