Globus Maritime (GLBS) Cost of Revenue (2009 - 2026)
Globus Maritime's (GLBS) quarterly Cost of Revenue came in at $4.7 million in Q2 2026, up 2.98% on a YoY basis from $4.6 million in Q2 2025, and up 13.78% quarter-over-quarter from $4.2 million in Q1 2026.
Analysis
Globus Maritime (GLBS) Cost of Revenue (2009 - 2026) Analysis & Trends
Globus Maritime (GLBS) has reported Cost of Revenue for 18 consecutive years, with $4.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 2.98% year-over-year to $4.7 million; the trailing twelve-month figure through Jun 2026 stood at $17.8 million (up 3.05% YoY), and the FY2025 full-year result was $18.2 million, up 27.17% from the prior year.
- Cost of Revenue advanced to $4.7 million in Q2 2026 per GLBS's latest filing, from $4.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $18.0 million in Q4 2022 and bottomed at $3.1 million in Q1 2024.
- Historically, Cost of Revenue has averaged $4.9 million across 5 years, with a median of $4.3 million in 2022.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue tumbled 81.57% in 2023, then surged 50.56% in 2025.
- Over 5 years, Cost of Revenue stood at $18.0 million in 2022, then sank by 81.57% to $3.3 million in 2023, then surged by 33.32% to $4.4 million in 2024, then declined by 7.57% to $4.1 million in 2025, then rose by 15.87% to $4.7 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $4.7 million, $4.2 million, and $4.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 631.60 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 129,000.00 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 132.75 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 252.96 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 64.83 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 1.21 Bn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 57.61 Mn |
| 10 | Globus Maritime | 73.62 Mn | 43.85 Mn | 9.87 Mn | 4.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.74 Mn |
| Mar 31, 2026 | 4.17 Mn |
| Dec 31, 2025 | 4.09 Mn |
| Sep 30, 2025 | 4.84 Mn |
| Jun 30, 2025 | 4.60 Mn |
| Mar 31, 2025 | 4.71 Mn |
| Dec 31, 2024 | 4.43 Mn |
| Sep 30, 2024 | 3.57 Mn |
| Jun 30, 2024 | 3.22 Mn |
| Mar 31, 2024 | 3.13 Mn |
| Dec 31, 2023 | 3.32 Mn |
| Sep 30, 2023 | 3.92 Mn |
| Jun 30, 2023 | 4.33 Mn |
| Mar 31, 2023 | 4.52 Mn |
| Dec 31, 2022 | 18.01 Mn |
| Sep 30, 2022 | 4.77 Mn |
| Jun 30, 2022 | 4.14 Mn |
| Mar 31, 2022 | 4.36 Mn |
| Dec 31, 2021 | 13.81 Mn |
| Sep 30, 2021 | 3.57 Mn |