• Icon Energy swung to net income of USD 417,000 in the three months ended March 31, 2026, from a net loss of USD 2.98 million a year earlier.
• Revenue more than doubled to USD 3.65 million, while operating income turned positive at USD 41,000 from an operating loss of USD 813,000.
• Net loss attributable to common shareholders narrowed to USD 801,000 from USD 3.61 million, as cumulative Series A preferred dividends rose to USD 1.22 million.
• Cash and cash equivalents climbed to USD 8.98 million at March 31, 2026, from USD 3.88 million at end-2025; total assets rose to USD 63.37 million.
• The fleet comprised three dry bulk vessels as of March 31, 2026, while net proceeds from common share issuance totaled USD 6.87 million during the quarter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Icon Energy Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-024659), on June 09, 2026, and is solely responsible for the information contained therein.