v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 225,892 $ 154,950
Restricted cash 47,942 49,921
Accounts receivable, net of allowance for credit losses 38,587 34,808
Accrued income 8,781 7,832
Prepaid expenses and other current assets 23,217 19,466
Bunkers and other inventory 19,468 15,412
Insurance receivable 10,730 6,520
Amounts due from related parties 8,977 6,542
Total current assets 383,594 295,451
Non-current assets    
Vessels under construction 140,068 115,321
Assets held for sale 0 7,761
Intangible assets, net of accumulated amortization 293 360
Equity method investments 247,737 247,935
Derivative assets 2,455 1,372
Right-of-use asset 4,222 1,282
Other non-current assets 8,285 8,285
Total non-current assets 1,936,925 1,983,663
Total Assets 2,320,519 2,279,114
Current liabilities    
Current portion of secured term loan facilities, net of deferred financing costs 139,987 168,066
Current portion of operating lease liabilities 967 1,203
Accounts payable 14,023 12,641
Accrued expenses and other liabilities 41,146 35,450
Accrued interest 4,562 4,084
Deferred income 23,734 27,283
Derivative liability 0 2,219
Total current liabilities 224,419 250,946
Non-current liabilities    
Secured term loan facilities and revolving credit facilities, net of current portion and deferred financing costs 641,941 593,960
Senior unsecured bond, net of deferred financing costs 138,422 138,183
Operating lease liabilities, net of current portion 4,739 1,636
Deferred income 18,000 18,000
Deferred tax liabilities 21,044 19,648
Total non-current liabilities 824,146 771,427
Total liabilities 1,048,565 1,022,373
Commitments and contingencies
Stockholders’ Equity    
Common stock—$0.01 par value per share; 400,000,000 shares authorized; 61,493,127 shares issued and outstanding at June 30, 2026 (December 31, 2025: 65,250,444) 616 653
Additional paid-in capital 800,591 799,433
Accumulated other comprehensive loss (949) (408)
Retained earnings 438,454 427,162
Total Navigator Holdings Ltd. Stockholders’ Equity 1,238,712 1,226,840
Non-controlling interest 33,242 29,901
Total equity 1,271,954 1,256,741
Total Liabilities and Stockholders’ Equity 2,320,519 2,279,114
Vessels, net    
Non-current assets    
Property, plant and equipment, net 1,533,626 1,601,045
Property, plant and equipment, net    
Non-current assets    
Property, plant and equipment, net $ 239 $ 302