StealthGas (GASS) Operating Expenses (2009 - 2025)
StealthGas (GASS) recorded quarterly Operating Expenses of $28.5 million in Q4 2025, down 12.28% quarter-over-quarter from $32.5 million in Q3 2025, and down 2.86% on a YoY basis from $29.4 million in Q4 2024.
StealthGas (GASS) Operating Expenses (2009 - 2025) Analysis & Trends
StealthGas' Operating Expenses history runs 17 years deep, the most recent figure standing at $28.5 million for Q4 2025.
- In Q4 2025, Operating Expenses fell 2.86% year-over-year to $28.5 million; the TTM figure through Dec 2025 stood at $118.0 million (up 9.89% YoY), while the FY2025 annual figure was $118.0 million, up 9.89% from the prior year.
- Operating Expenses was $28.5 million for Q4 2025 at StealthGas, down from $32.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $73.6 million in Q4 2021 to a low of $18.3 million in Q3 2023.
- Historically, Operating Expenses has averaged $31.2 million across 5 years, with a median of $28.4 million in 2023.
- The sharpest annual moves came in 2021 and 2022: Operating Expenses surged 114.13% in 2021, then plunged 54.67% in 2022.
- A 5-year view of Operating Expenses shows it stood at $73.6 million in 2021, then slumped by 54.67% to $33.4 million in 2022, then retreated by 26.56% to $24.5 million in 2023, then rose by 19.93% to $29.4 million in 2024, then decreased by 2.86% to $28.5 million in 2025.
- The last three Operating Expenses figures came in at $28.5 million (Q4 2025), $32.5 million (Q3 2025), and $27.5 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 6.31 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 722.10 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 696.40 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -24.49 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 223.85 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -403.80 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | -42.16 Mn |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | -23.83 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | 8.85 Mn |
| 10 | StealthGas | 345.18 Mn | 221.15 Mn | 37.52 Mn | 28.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 28.55 Mn |
| Sep 30, 2025 | 32.54 Mn |
| Jun 30, 2025 | 27.54 Mn |
| Mar 31, 2025 | 29.40 Mn |
| Dec 31, 2024 | 29.39 Mn |
| Sep 30, 2024 | 28.28 Mn |
| Jun 30, 2024 | 25.69 Mn |
| Mar 31, 2024 | 24.05 Mn |
| Dec 31, 2023 | 24.50 Mn |
| Sep 30, 2023 | 18.30 Mn |
| Jun 30, 2023 | 26.58 Mn |
| Mar 31, 2023 | 28.33 Mn |
| Dec 31, 2022 | 33.36 Mn |
| Sep 30, 2022 | 31.75 Mn |
| Jun 30, 2022 | 27.32 Mn |
| Mar 31, 2022 | 27.68 Mn |
| Dec 31, 2021 | 73.60 Mn |
| Sep 30, 2021 | 34.18 Mn |
| Jun 30, 2021 | 38.88 Mn |
| Mar 31, 2021 | 34.56 Mn |