Bw Lpg BWLP
NYSE BWLP
$24.83 +0.20 (+0.81%)
At close: Sep 4, 2026 · 4:00 PM EDT

Bw Lpg (BWLP) Operating Expenses (2023 - 2026)

Bw Lpg's (BWLP) quarterly Operating Expenses came in at -$93.0 million in Q2 2026, down 17.8% year-over-year from -$113.2 million in Q2 2025, and down 18.13% quarter-over-quarter from -$78.8 million in Q1 2026.

Analysis

Bw Lpg (BWLP) Operating Expenses (2023 - 2026) Analysis & Trends

Bw Lpg (BWLP) has reported Operating Expenses for 4 consecutive years, with -$93.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 17.8% year-over-year to -$93.0 million in Q2 2026; TTM through Jun 2026 was -$442.7 million, a 17.96% decrease from a year earlier, with the FY2025 full-year figure at -$331.4 million, down 22.09% from the prior year.
  • Operating Expenses was -$93.0 million for Q2 2026 at Bw Lpg, down from -$78.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$22.2 million in Q4 2024 and troughed at -$248.4 million in Q3 2025.
  • A 4-year average of -$92.8 million and a median of -$78.8 million in 2026 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 82.92% in 2024 and plunged 30.64% in 2025, its largest moves.
  • Over 4 years, Operating Expenses stood at -$130.1 million in 2023, then soared by 82.92% to -$22.2 million in 2024, then retreated by 1.26% to -$22.5 million in 2025, then slumped by 313.5% to -$93.0 million in 2026.
  • The last three Operating Expenses figures came in at -$93.0 million (Q2 2026), -$78.8 million (Q1 2026), and -$22.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sunoco 10.38 Bn 9.61 Bn 1.46 Bn 13.68 Bn
2 Ultrapar Holdings 7.78 Bn 6.07 Bn 912.61 Mn -284.31 Mn
3 Bw Lpg 3.76 Bn 3.59 Bn - -93.05 Mn
4 World Kinect 1.81 Bn 1.61 Bn 365.10 Mn 269.10 Mn
5 Global Partners 1.79 Bn 1.75 Bn 328.94 Mn 221.58 Mn
6 Suburban Propane Partners 1.17 Bn 1.16 Bn 160.33 Mn 259.16 Mn
7 CrossAmerica Partners 871.11 Mn 895.42 Mn 112.79 Mn 78.60 Mn
8 Genie Energy 454.57 Mn 253.18 Mn 33.67 Mn 27.15 Mn
9 Star 417.03 Mn 309.64 Mn 162.87 Mn 98.95 Mn
10 Uni-Fuels Holdings 19.48 Mn 6.94 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -93.05 Mn
Mar 31, 2026 -78.77 Mn
Dec 31, 2025 -22.50 Mn
Sep 30, 2025 -248.44 Mn
Jun 30, 2025 -78.99 Mn
Mar 31, 2025 -83.97 Mn
Dec 31, 2024 -22.22 Mn
Sep 30, 2024 -190.16 Mn
Jun 30, 2024 -62.93 Mn
Mar 31, 2024 -65.48 Mn
Dec 31, 2023 -130.13 Mn
Jun 30, 2023 -64.41 Mn
Mar 31, 2023 -65.72 Mn