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Hafnia Limited

$9.38 +$4.17 (+80.04%)
NYSE · 11 Sep 2026 20:00 UTC
Previous Close
$9.36
Day Range
$9.3$9.6
Year Range
$5.17$9.6
Market Cap
4.69B
AVG Volume
1.66M
Trailing/Forward PE
7.22/10.62
PEG ratio
-0.2
Dividend Yield
12.16%
Next Earnings Date
2026-11-18
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
0250M500M750M1B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HAFN Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q2776.79M
26 Q1671.22M
25 Q4593.24M
25 Q3586.88M
25 Q2554.15M
25 Q1547.91M
24 Q4532.86M
24 Q3719.73M
24 Q2831.16M
24 Q1784.89M
Net Income (USD)
0100M200M300M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HAFN Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q2264.52M
26 Q1179.73M
25 Q4109.71M
25 Q391.5M
25 Q275.33M
25 Q163.19M
24 Q479.63M
24 Q3215.63M
24 Q2259.2M
24 Q1219.57M
Operating Income (USD)
0100M200M300M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HAFN Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q2211.34M
26 Q1150.55M
25 Q493.53M
25 Q3101.17M
25 Q283.09M
25 Q175.46M
24 Q491.66M
24 Q3219.01M
24 Q2262.14M
24 Q1232.92M
EBITDA (USD)
0100M200M300M400M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HAFN EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q2256.29M
26 Q1240.92M
25 Q4170.79M
25 Q3154.27M
25 Q2141.55M
25 Q1128.6M
24 Q4145.73M
24 Q3280.11M
24 Q2328.83M
24 Q1291.27M
Cash Flows (USD)
0100M200M300M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HAFN Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q2252.12M
26 Q1106.9M
25 Q4113.08M
25 Q374.14M
25 Q2146.66M
25 Q1110.04M
24 Q4183.91M
24 Q3276.35M
24 Q2287.25M
24 Q1233.13M
EPS (USD)
00.20.40.624 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HAFN EPS (USD) by quarter
PeriodEPS (USD)
26 Q20.52
26 Q10.36
25 Q40.22
25 Q30.18
25 Q20.15
25 Q10.13
24 Q40.15
24 Q30.42
24 Q20.5
24 Q10.42
Expenses (USD)
020M40M60M80MSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HAFN Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q240.17M
26 Q141.44M
25 Q460.1M
25 Q350.45M
25 Q241.02M
25 Q148.03M
24 Q413.23M
24 Q37.7M
24 Q213.41M
24 Q132.08M
Cash & Debt (USD)
0500M1B1.5BCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HAFN Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q2352.58M
26 Q1146.46M
25 Q4192.56M
25 Q3132.49M
25 Q2313.85M
25 Q1268.35M
24 Q4282.83M
24 Q3287.11M
24 Q2261.63M
24 Q1217.14M
Debt ratios
00.511.5224 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HAFN Debt ratios by quarter
PeriodDebt ratios
26 Q20.65
26 Q11.24
25 Q41.59
25 Q31.34
25 Q21.03
25 Q10.9
24 Q40.8
24 Q30.7
24 Q20.8
24 Q10.94
Margins
0%10%20%30%40%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HAFN Margins by quarter
PeriodMargins
26 Q229.95%
26 Q123.73%
25 Q420.31%
25 Q319.38%
25 Q218.63%
25 Q116.86%
24 Q418.78%
24 Q330.88%
24 Q233.9%
24 Q131.28%
Return on Capital
0%5%10%15%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HAFN Return on Capital by quarter
PeriodReturn on Capital
26 Q210%
26 Q17.07%
25 Q44.71%
25 Q33.93%
25 Q23.27%
25 Q12.77%
24 Q43.53%
24 Q38.95%
24 Q210.68%
24 Q19.3%
Shares Outstanding
0200M400M600M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HAFN Shares Outstanding by quarter
PeriodShares Outstanding
26 Q2499.18M
26 Q1498.57M
25 Q4498.18M
25 Q3498.24M
25 Q2498.37M
25 Q1498.75M
24 Q4510.1M
24 Q3513.42M
24 Q2509.16M
24 Q1509.75M
Dividends (USD)
00.20.40.6Sep 24Dec 24Mar 25May 25Sep 25Dec 25Mar 26Mar 26Jun 26Sep 26
HAFN Dividends (USD) by quarter
PeriodDividends (USD)
Sep 260.5
Jun 260.29
Mar 260.18
Mar 260.18
Dec 250.15
Sep 250.12
May 250.1
Mar 250.03
Dec 240.38
Sep 240.4
Employee Count
010020030020242025
HAFN Employee Count by quarter
PeriodEmployee Count
2025277
202473
Book Value Per Share (USD)
024624 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HAFN Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q25.3
26 Q15.1
25 Q44.68
25 Q34.68
25 Q24.62
25 Q14.57
24 Q44.42
24 Q34.69
24 Q24.77
24 Q14.63
Total Assets (USD)
02B4B6B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
HAFN Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q23.96B
26 Q14.03B
25 Q43.81B
25 Q33.57B
25 Q23.68B
25 Q13.7B
24 Q43.69B
24 Q33.81B
24 Q23.91B
24 Q13.91B
PE Ratio
051015med 6.94Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
HAFN PE Ratio by quarter
PeriodPE Ratio
Sep 267.25
Sep 267.13
Aug 266.55
Aug 268.92
Aug 268.46
Aug 268.21
Jul 268.4
Jul 268.36
Jul 267.92
Jul 267.94
Jul 267.67
Jun 267.62
Jun 267.9
Jun 268.2
Jun 267.95
May 268.36
May 2612.52
May 2612.79
May 2613.14
May 2613.08
Apr 2612.38
Apr 2612.01
Apr 2613
Apr 2612.73
Mar 2612.04
Mar 2611.26
Mar 2610.72
Mar 2612
Feb 2612.37
Feb 2611.79
Feb 2610.83
Feb 2610.04
Jan 269.88
Jan 269.24
Jan 269.44
Jan 269.2
Jan 268.38
Dec 258.64
Dec 258.66
Dec 259.01
Dec 259.59
Nov 256.88
Nov 257.38
Nov 257.46
Nov 257.1
Oct 257.31
Oct 257.1
Oct 256.78
Oct 256.59
Oct 257.32
Sep 257.16
Sep 256.95
Sep 256.97
Sep 256.94
Aug 257.04
Aug 254.83
Aug 254.38
Aug 254.45
Aug 254.42
Jul 254.46
Jul 254.22
Jul 254.33
Jul 254.2
Jun 254.1
Jun 254.45
Jun 254.47
Jun 254.24
May 254.09
May 253.39
May 253.55
May 253.32
May 253.11
Apr 252.65
Apr 252.51
Apr 252.48
Apr 252.15
Mar 252.49
Mar 252.6
Mar 252.52
Mar 252.58
Feb 252.39
Feb 252.98
Feb 253.02
Feb 253.14
Jan 253.12
Jan 253.01
Jan 253.2
Jan 253.49
Jan 253.27
Dec 243.21
Dec 243.01
Dec 243.2
Dec 243.08
Nov 243.35
Nov 243.52
Nov 243.35
Nov 243.45
Nov 243.67
Oct 243.94
Oct 244.21
Free Cash Flow Yield
0%20%40%60%med 23.74%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
HAFN Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 2611.67%
Sep 2611.87%
Aug 2612.92%
Aug 2610.83%
Aug 2611.42%
Aug 2611.77%
Jul 2611.5%
Jul 2611.56%
Jul 2612.19%
Jul 2612.16%
Jul 2612.59%
Jun 2612.68%
Jun 2612.23%
Jun 2611.79%
Jun 2612.14%
May 2611.56%
May 2610.43%
May 2610.22%
May 269.95%
May 269.99%
Apr 2610.56%
Apr 2610.88%
Apr 2612.79%
Apr 2613.06%
Mar 2613.81%
Mar 2614.76%
Mar 2615.51%
Mar 2613.85%
Feb 2613.43%
Feb 2614.09%
Feb 2615.35%
Feb 2616.56%
Jan 2616.83%
Jan 2618%
Jan 2617.6%
Jan 2618.06%
Jan 2619.83%
Dec 2519.24%
Dec 2519.2%
Dec 2518.45%
Dec 2517.33%
Nov 2524.02%
Nov 2522.41%
Nov 2522.17%
Nov 2523.28%
Oct 2522.62%
Oct 2523.28%
Oct 2524.38%
Oct 2525.06%
Oct 2522.58%
Sep 2523.09%
Sep 2523.78%
Sep 2523.7%
Sep 2523.82%
Aug 2523.47%
Aug 2528.75%
Aug 2531.72%
Aug 2531.2%
Aug 2531.43%
Jul 2531.15%
Jul 2532.94%
Jul 2532.08%
Jul 2533.07%
Jun 2533.85%
Jun 2531.2%
Jun 2531.04%
Jun 2532.75%
May 2533.98%
May 2537.4%
May 2535.73%
May 2538.14%
May 2540.73%
Apr 2541.19%
Apr 2543.52%
Apr 2543.93%
Apr 2550.67%
Mar 2543.73%
Mar 2541.94%
Mar 2543.21%
Mar 2542.32%
Feb 2545.56%
Feb 2536.63%
Feb 2536.12%
Feb 2534.77%
Jan 2534.96%
Jan 2536.2%
Jan 2534.06%
Jan 2531.24%
Jan 2533.33%
Dec 2433.94%
Dec 2436.2%
Dec 2434.12%
Dec 2435.43%
Nov 2432.51%
Nov 2434.18%
Nov 2435.93%
Nov 2434.88%
Nov 2432.76%
Oct 2430.54%
Oct 2428.52%
Price to Sales
0.511.52med 1.25Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
HAFN Price to Sales by quarter
PeriodPrice to Sales
Sep 261.78
Sep 261.75
Aug 261.61
Aug 261.69
Aug 261.6
Aug 261.56
Jul 261.59
Jul 261.59
Jul 261.5
Jul 261.51
Jul 261.45
Jun 261.44
Jun 261.5
Jun 261.55
Jun 261.51
May 261.59
May 261.86
May 261.9
May 261.96
May 261.95
Apr 261.84
Apr 261.79
Apr 261.81
Apr 261.77
Mar 261.68
Mar 261.57
Mar 261.49
Mar 261.67
Feb 261.72
Feb 261.64
Feb 261.51
Feb 261.4
Jan 261.38
Jan 261.29
Jan 261.32
Jan 261.28
Jan 261.17
Dec 251.2
Dec 251.21
Dec 251.26
Dec 251.34
Nov 251.27
Nov 251.36
Nov 251.37
Nov 251.31
Oct 251.35
Oct 251.31
Oct 251.25
Oct 251.21
Oct 251.35
Sep 251.32
Sep 251.28
Sep 251.28
Sep 251.28
Aug 251.3
Aug 251.13
Aug 251.03
Aug 251.04
Aug 251.04
Jul 251.05
Jul 250.99
Jul 251.02
Jul 250.99
Jun 250.96
Jun 251.04
Jun 251.05
Jun 250.99
May 250.96
May 250.91
May 250.96
May 250.9
May 250.84
Apr 250.66
Apr 250.62
Apr 250.62
Apr 250.54
Mar 250.62
Mar 250.65
Mar 250.63
Mar 250.64
Feb 250.6
Feb 250.74
Feb 250.75
Feb 250.78
Jan 250.78
Jan 250.75
Jan 250.8
Jan 250.87
Jan 250.81
Dec 240.8
Dec 240.75
Dec 240.79
Dec 240.77
Nov 240.83
Nov 240.82
Nov 240.78
Nov 240.81
Nov 240.86
Oct 240.92
Oct 240.99
EV/EBITDA
246810med 5.37Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
HAFN EV/EBITDA by quarter
PeriodEV/EBITDA
Sep 266.34
Sep 266.24
Aug 265.79
Aug 266.99
Aug 266.7
Aug 266.53
Jul 266.66
Jul 266.63
Jul 266.35
Jul 266.37
Jul 266.19
Jun 266.15
Jun 266.34
Jun 266.53
Jun 266.37
May 266.63
May 268.74
May 268.89
May 269.09
May 269.06
Apr 268.65
Apr 268.44
Apr 268.4
Apr 268.25
Mar 267.87
Mar 267.45
Mar 267.16
Mar 267.86
Feb 268.06
Feb 267.74
Feb 267.22
Feb 266.79
Jan 266.7
Jan 266.35
Jan 266.47
Jan 266.34
Jan 265.89
Dec 256.03
Dec 256.04
Dec 256.23
Dec 256.54
Nov 255.32
Nov 255.62
Nov 255.67
Nov 255.45
Oct 255.58
Oct 255.45
Oct 255.25
Oct 255.14
Oct 255.59
Sep 255.49
Sep 255.36
Sep 255.37
Sep 255.35
Aug 255.42
Aug 254.28
Aug 253.97
Aug 254.02
Aug 253.99
Jul 254.02
Jul 253.85
Jul 253.93
Jul 253.84
Jun 253.77
Jun 254.02
Jun 254.03
Jun 253.87
May 253.76
May 253.31
May 253.42
May 253.26
May 253.1
Apr 252.73
Apr 252.62
Apr 252.6
Apr 252.35
Mar 252.61
Mar 252.69
Mar 252.63
Mar 252.67
Feb 252.53
Feb 252.98
Feb 253.01
Feb 253.1
Jan 253.09
Jan 253.01
Jan 253.15
Jan 253.37
Jan 253.21
Dec 243.16
Dec 243.01
Dec 243.15
Dec 243.06
Nov 243.27
Nov 243.42
Nov 243.29
Nov 243.36
Nov 243.53
Oct 243.73
Oct 243.93
Price/Operating Cashflow
02468med 3.75Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
HAFN Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Sep 267.06
Sep 266.94
Aug 266.38
Aug 267.02
Aug 266.66
Aug 266.46
Jul 266.61
Jul 266.58
Jul 266.23
Jul 266.25
Jul 266.04
Jun 265.99
Jun 266.22
Jun 266.45
Jun 266.26
May 266.58
May 267.22
May 267.37
May 267.57
May 267.54
Apr 267.13
Apr 266.92
Apr 266.29
Apr 266.15
Mar 265.82
Mar 265.45
Mar 265.18
Mar 265.8
Feb 265.98
Feb 265.7
Feb 265.24
Feb 264.86
Jan 264.78
Jan 264.47
Jan 264.57
Jan 264.45
Jan 264.05
Dec 254.18
Dec 254.19
Dec 254.36
Dec 254.64
Nov 253.7
Nov 253.97
Nov 254.01
Nov 253.82
Oct 253.93
Oct 253.82
Oct 253.65
Oct 253.55
Oct 253.94
Sep 253.85
Sep 253.74
Sep 253.75
Sep 253.73
Aug 253.79
Aug 253.24
Aug 252.94
Aug 252.99
Aug 252.97
Jul 253
Jul 252.83
Jul 252.91
Jul 252.82
Jun 252.76
Jun 252.99
Jun 253.01
Jun 252.85
May 252.75
May 252.54
May 252.66
May 252.5
May 252.34
Apr 252.23
Apr 252.11
Apr 252.09
Apr 251.82
Mar 252.1
Mar 252.19
Mar 252.13
Mar 252.17
Feb 252.02
Feb 252.51
Feb 252.55
Feb 252.65
Jan 252.63
Jan 252.54
Jan 252.7
Jan 252.94
Jan 252.76
Dec 242.71
Dec 242.54
Dec 242.7
Dec 242.6
Nov 242.83
Nov 242.61
Nov 242.48
Nov 242.56
Nov 242.72
Oct 242.92
Oct 243.13
Price to Book
0.511.52med 1.27Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
HAFN Price to Book by quarter
PeriodPrice to Book
Sep 261.77
Sep 261.74
Aug 261.6
Aug 261.6
Aug 261.52
Aug 261.47
Jul 261.51
Jul 261.5
Jul 261.42
Jul 261.43
Jul 261.38
Jun 261.37
Jun 261.42
Jun 261.47
Jun 261.43
May 261.5
May 261.83
May 261.86
May 261.92
May 261.91
Apr 261.81
Apr 261.75
Apr 261.73
Apr 261.69
Mar 261.6
Mar 261.5
Mar 261.42
Mar 261.59
Feb 261.64
Feb 261.57
Feb 261.44
Feb 261.33
Jan 261.31
Jan 261.23
Jan 261.25
Jan 261.22
Jan 261.11
Dec 251.15
Dec 251.15
Dec 251.2
Dec 251.27
Nov 251.3
Nov 251.39
Nov 251.4
Nov 251.34
Oct 251.38
Oct 251.34
Oct 251.28
Oct 251.24
Oct 251.38
Sep 251.35
Sep 251.31
Sep 251.31
Sep 251.31
Aug 251.33
Aug 251.31
Aug 251.19
Aug 251.21
Aug 251.2
Jul 251.21
Jul 251.14
Jul 251.17
Jul 251.14
Jun 251.11
Jun 251.21
Jun 251.21
Jun 251.15
May 251.11
May 251.16
May 251.22
May 251.14
May 251.07
Apr 250.96
Apr 250.91
Apr 250.9
Apr 250.78
Mar 250.9
Mar 250.94
Mar 250.91
Mar 250.93
Feb 250.87
Feb 251.08
Feb 251.09
Feb 251.13
Jan 251.13
Jan 251.09
Jan 251.16
Jan 251.26
Jan 251.18
Dec 241.16
Dec 241.09
Dec 241.15
Dec 241.11
Nov 241.21
Nov 241.16
Nov 241.11
Nov 241.14
Nov 241.21
Oct 241.3
Oct 241.39
Hafnia Limited
HAFN
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News: HAFN

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seekingalpha.com · 12 Sep 2026

Graham Value All-Stars (GVAS) Emit 10 Brilliant September Buys

The September GVAS portfolio highlights 10 ideal, fair-priced large-cap value stocks with strong dividend yields and positive free cash flow margins. Top GVAS dogs are projected to deliver average net gains of 36.8% by September 2027, with risk/volatility 46% below the market. Analyst targets suggest the five lowest-priced, highest-yield GVAS stocks could outperform the broader top ten by 5.12% over the next year.

HAFNIA LIMITED: Ex dividend USD 0.5003 on the Oslo Stock Exchange today

businesswire.com · 7 Sep 2026

HAFNIA LIMITED: Ex dividend USD 0.5003 on the Oslo Stock Exchange today

SINGAPORE--(BUSINESS WIRE)--Reference is made to the stock exchange announcements made by Hafnia Limited ("Hafnia” or the "Company", OSE ticker code: “HAFNI”, NYSE ticker code: “HAFN”) on 28 August 2026 regarding key information relating to the dividend for the second quarter 2026. The Company's shares will be traded ex-dividend on the Oslo Stock Exchange as of today, 7 September 2026, and on the New York Stock Exchange as of 8 September 2026. About Hafnia Limited: Hafnia is one of the world's.

HAFNIA LIMITED: Accelerated Vesting under Long-term Incentive Plan

businesswire.com · 3 Sep 2026

HAFNIA LIMITED: Accelerated Vesting under Long-term Incentive Plan

SINGAPORE--(BUSINESS WIRE)--Reference is made to the announcement made by Hafnia Limited ("Hafnia” or the "Company", OSE ticker code: “HAFNI”, NYSE ticker code: “HAFN”) on 30 June 2026, that Mikael Skov had decided to step down as CEO with effect from 1 September 2026. Mikael Skov currently holds in total 2,159,127 unvested share options and 60,974 unvested Restricted Share Units ("RSUs") under the Company's long-term incentive plan. On 2 September 2026, Hafnia's board of directors resolved to.

Hafnia: Hormuz Keeps The Q4 Upside Alive

seekingalpha.com · 1 Sep 2026

Hafnia: Hormuz Keeps The Q4 Upside Alive

Hafnia Limited is rated Buy, driven by a strong Q2, low leverage, and a high variable dividend payout. Approximately 74% of HAFN's Q4 own-fleet days remain open to a highly profitable spot market, offering significant earnings sensitivity to prevailing rates. Dislocated global diesel trade flows and constrained Hormuz/Red Sea traffic are lengthening voyage distances, tightening effective product tanker supply, and supporting elevated rates.

HAFNIA LIMITED: Completion of CEO Transition and Notice of Extraordinary General Meeting

businesswire.com · 1 Sep 2026

HAFNIA LIMITED: Completion of CEO Transition and Notice of Extraordinary General Meeting

SINGAPORE--(BUSINESS WIRE)--Reference is made to the announcement made by Hafnia Limited ("Hafnia” or the "Company", OSE ticker code: “HAFNI”, NYSE ticker code: “HAFN”) on 30 June 2026, announcing the Company's planned CEO succession.Søren Steenberg Jensen has today, 1 September 2026, assumed the role of Chief Executive Officer at Hafnia, succeeding Mikael Øpstun Skov. Mr. Jensen's appointment will not result in any change to Hafnia's previously communicated strategy or operating mode.Notice is.

Hafnia Limited (HAFN) Q2 2026 Earnings Call Transcript

seekingalpha.com · 28 Aug 2026

Hafnia Limited (HAFN) Q2 2026 Earnings Call Transcript

Hafnia Limited (HAFN) Q2 2026 Earnings Call Transcript

Hafnia Q2 Earnings Call Highlights

marketbeat.com · 28 Aug 2026

Hafnia Q2 Earnings Call Highlights

Hafnia NYSE: HAFN reported its second-strongest quarter on record, with CEO Mikael Skov attributing the result to geopolitical disruption, longer shipping distances and tight product-tanker market conditions.

Hafnia Limited Announces Financial Results For The Three and Six Months Ended 30 June 2026

businesswire.com · 28 Aug 2026

Hafnia Limited Announces Financial Results For The Three and Six Months Ended 30 June 2026

SINGAPORE--(BUSINESS WIRE)--Hafnia Limited (“Hafnia”, the “Company” or “we”, OSE ticker code: “HAFNI”, NYSE ticker code: “HAFN”), a leading product tanker company with a diversified and modern fleet of over 100 vessels, today announced results for the three and six months ended 30 June 2026. The full report can be found in the Investor Relations section of Hafnia's website: https://investor.hafnia.com/financials/quarterly-results/default.aspx Highlights and Recent Activity Second Quarter 2026 R.

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