Pyxis Tankers Inc. ($PXS) reported second-quarter 2026 revenue of $12.1 million, up 32.6% from a year earlier and ahead of the $11.5 million estimate. Gross profit rose 33.3% year over year to $7.2 million, showing continued improvement in top-line performance.
Profitability was mixed. Operating profit came in at $4.4 million, while net income attributable to common shareholders reached $4.3 million. Diluted earnings per share were $0.27, topping the $0.20 estimate.
Cash generation also strengthened, with operating cash flow climbing 81.8% to $5.9 million. The company ended the period with $58.2 million in cash and cash equivalents, more than doubling from a year earlier, while total liabilities were essentially flat at $88.6 million.
- Revenue: $12.1 million, up 32.6%
- Gross profit: $7.2 million, up 33.3%
- Diluted EPS: $0.27, above estimates
- Operating cash flow: $5.9 million, up 81.8%
- Cash and equivalents: $58.2 million
The shares rose 11.89% since the market close following the release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Pyxis Tankers Inc. Hedge Fund Activity
We have seen 5 institutional investors add shares of Pyxis Tankers Inc. stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NEWEDGE ADVISORS, LLC added 39,527 shares (+inf%) to their portfolio in Q2 2026, for an estimated $164,432
- HRT FINANCIAL LP added 18,267 shares (+inf%) to their portfolio in Q2 2026, for an estimated $75,990
- TWO SIGMA SECURITIES, LLC removed 17,888 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $75,845
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 15,070 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $62,691
- CITADEL ADVISORS LLC removed 13,161 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $54,749
- XTX TOPCO LTD removed 10,307 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $43,701
- FOCUS PARTNERS WEALTH removed 9,324 shares (-38.3%) from their portfolio in Q2 2026, for an estimated $38,787
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
