---
schema_version: "secwatch.filing_event.v1"
accession: "0001596993-26-000022"
form_type: "8-K"
ticker: "LPG"
cik: "0001596993"
company_name: "DORIAN LPG LTD."
filed_at: "2026-05-19T21:38:56+00:00"
generated_at: "2026-05-20T10:09:39.493517+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Dorian LPG Q4 net income $81.0M, EPS $1.90; declares $1.00 special dividend

## Summary
- Q4 revenues $153.3M, net income $81.0M ($1.90 diluted EPS); adjusted EPS $1.89.
- FY 2026 revenues $481.5M, net income $193.7M ($4.54 EPS); adjusted EPS $4.57.
- Irregular cash dividend of $1.00/share ($42.8M) payable May 28 to holders of record May 18.
- Sold VLGC Cobra for net proceeds $81.9M; prepaid $16.5M of debt related to Cobra.
- TCE rate $63,615/day (Q4) up 80% YoY; fleet expansion with delivery of Areion and new $62.9M facility.

## SEC filing metadata
- accession: 0001596993-26-000022
- form_type: 8-K
- ticker: LPG
- cik: 0001596993
- company_name: DORIAN LPG LTD.
- filed_at: 2026-05-19T21:38:56+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1596993/000159699326000022/0001596993-26-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1596993/000159699326000022/lpg-20260520x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001596993-26-000022
- JSON: https://secwatch.observer/filing/0001596993-26-000022.json
- Plain text: https://secwatch.observer/filing/0001596993-26-000022.txt

## Key facts
- Earnings Releases
  DORIAN LPG LTD. reported the three months and fiscal year ended March 31, 2026 results: revenue $153.3 million, net income $81.0 million, EPS $1.90 earnings per diluted share.
  - Period: the three months and fiscal year ended March 31, 2026
  - Revenue: $153.3 million
  - Net income: $81.0 million
  - EPS: $1.90 earnings per diluted share
  - Result: reported results
  source text: the sale of the 2016-built VLGC Cobra , receiving proceeds net of commissions and fees of $81.9 million. ​ Highlights for the Fourth Quarter Ended March 31, 2026 ​ ◾ Revenues of $153.3 million. ​ ◾ Time charter equivalent (“TCE”) (1) per available day rate for our fleet of $63,615. ​ ◾ Net income of $81.0 million, or $1.90 earnings per diluted share (“EPS”), and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1596993/000159699326000022/0001596993-26-000022-index.htm

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