Globus Maritime (GLBS) Operating Expenses (2009 - 2026)
Globus Maritime's (GLBS) quarterly Operating Expenses came in at -$3.3 million in Q2 2026, down 22.77% on a YoY basis from -$4.3 million in Q2 2025, and down 1.72% quarter-over-quarter from -$3.3 million in Q1 2026.
Analysis
Globus Maritime (GLBS) Operating Expenses (2009 - 2026) Analysis & Trends
Globus Maritime (GLBS) has reported Operating Expenses for 18 consecutive years, with -$3.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 22.77% year-over-year to -$3.3 million; the trailing twelve-month figure through Jun 2026 stood at -$13.9 million (down 33.77% YoY), and the FY2025 full-year result was -$12.7 million, down 26.65% from the prior year.
- Operating Expenses retreated to -$3.3 million in Q2 2026 per GLBS's latest filing, from -$3.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$1.2 million in Q4 2023 and bottomed at -$7.0 million in Q4 2022.
- Historically, Operating Expenses has averaged -$2.9 million across 5 years, with a median of -$2.7 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses plunged 103.82% in 2022, then surged 82.19% in 2023.
- Over 5 years, Operating Expenses stood at -$7.0 million in 2022, then soared by 82.19% to -$1.2 million in 2023, then sank by 88.47% to -$2.4 million in 2024, then tumbled by 95.5% to -$4.6 million in 2025, then advanced by 28.05% to -$3.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$3.3 million, -$3.3 million, and -$4.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 347.18 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 800.04 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 810.50 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 168.38 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -47.20 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | -783.93 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | -10.41 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -419.60 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 202.38 Mn |
| 10 | Globus Maritime | 73.62 Mn | 43.85 Mn | 9.87 Mn | -3.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.31 Mn |
| Mar 31, 2026 | -3.26 Mn |
| Dec 31, 2025 | -4.60 Mn |
| Sep 30, 2025 | -2.72 Mn |
| Jun 30, 2025 | -2.70 Mn |
| Mar 31, 2025 | -2.67 Mn |
| Dec 31, 2024 | -2.35 Mn |
| Sep 30, 2024 | -2.67 Mn |
| Jun 30, 2024 | -2.66 Mn |
| Mar 31, 2024 | -2.34 Mn |
| Dec 31, 2023 | -1.25 Mn |
| Sep 30, 2023 | -1.35 Mn |
| Jun 30, 2023 | -1.40 Mn |
| Mar 31, 2023 | -1.45 Mn |
| Dec 31, 2022 | -7.01 Mn |
| Sep 30, 2022 | -1.79 Mn |
| Jun 30, 2022 | -6.26 Mn |
| Mar 31, 2022 | -1.76 Mn |
| Dec 31, 2021 | -5.27 Mn |
| Sep 30, 2021 | -1.34 Mn |