---
schema_version: "secwatch.filing_event.v1"
accession: "0001596993-25-000030"
form_type: "8-K"
ticker: "LPG"
cik: "0001596993"
company_name: "DORIAN LPG LTD."
filed_at: "2025-05-22T23:59:59+00:00"
generated_at: "2026-05-20T18:12:48.699655+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.82
calibrated_materiality_score: 0.82
confidence: "high"
source: SEC EDGAR
---

# Dorian LPG Q4 net income falls to $8.1M from $79.2M; revenue down 46%

## Summary
- Q4 FY2025 net income $8.1M ($0.19 EPS) vs $79.2M ($1.96 EPS) a year ago; adjusted net income $10.7M ($0.25 adj EPS).
- Q4 revenue $75.9M, down 46% from $141.4M; TCE rate $35,324 per day, down 44% from $63,375.
- Full year FY2025 net income $90.2M ($2.14 EPS) vs $307.4M ($7.60 EPS); revenue $353.3M, down 37%.
- Declared $0.50/share irregular dividend ($21.3M) payable May 30, 2025; total $156.2M in irregular dividends for FY2025.
- Baltic LPG index averaged $51,715 in Q4 vs $68,429 prior year; fleet available days declined due to more drydocking.

## SEC filing metadata
- accession: 0001596993-25-000030
- form_type: 8-K
- ticker: LPG
- cik: 0001596993
- company_name: DORIAN LPG LTD.
- filed_at: 2025-05-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.82
- calibrated_materiality_score: 0.82
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1596993/000159699325000030/0001596993-25-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1596993/000159699325000030/lpg-20250522x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001596993-25-000030
- JSON: https://secwatch.observer/filing/0001596993-25-000030.json
- Plain text: https://secwatch.observer/filing/0001596993-25-000030.txt

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