---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-009909"
form_type: "8-K"
ticker: "LPG"
cik: "0001596993"
company_name: "DORIAN LPG LTD."
filed_at: "2025-08-01T23:59:59+00:00"
generated_at: "2026-05-17T21:50:24.423059+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Dorian LPG Q1 revenue falls 26% to $84.2M, EPS $0.24 vs $1.25 YoY; declares $0.60 dividend

## Summary
- Revenue $84.2M (-26% YoY); net income $10.1M ($0.24 EPS) vs $51.3M ($1.25 EPS) in prior year.
- Adjusted net income $11.3M ($0.27 adj. EPS); adjusted EBITDA $38.6M vs $78.0M YoY.
- TCE rate per day $39,726 (-20.9% YoY) on lower spot rates and heavy drydocking schedule.
- Declared $0.60/share irregular dividend (~$25.6M total), payable Aug 27 to holders of record Aug 12.
- CEO cites drydocking and market volatility; bookings for current quarter at 'strong rates'.

## SEC filing metadata
- accession: 0001558370-25-009909
- form_type: 8-K
- ticker: LPG
- cik: 0001596993
- company_name: DORIAN LPG LTD.
- filed_at: 2025-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1596993/000155837025009909/0001558370-25-009909-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1596993/000155837025009909/lpg-20250801x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-009909
- JSON: https://secwatch.observer/filing/0001558370-25-009909.json
- Plain text: https://secwatch.observer/filing/0001558370-25-009909.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.