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
DateValue
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