Globus Maritime (GLBS) Operating Expenses (2009 - 2026)
Globus Maritime (GLBS) posted quarterly Operating Expenses of -$3255.0 for Q1 2026, down 22.09% year-on-year from -$4178.1 in Q1 2025, and down 100.02% on a QoQ basis from $18.2 million in Q4 2025.
Globus Maritime (GLBS) Operating Expenses (2009 - 2026) Analysis & Trends
Globus Maritime (GLBS) has reported Operating Expenses for 18 consecutive years, with -$3255.0 the latest figure, recorded in Q1 2026.
- Quarterly Operating Expenses fell 22.09% year-over-year to -$3255.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.8 million (up 42.14% YoY) and the FY2025 annual result came in at $18.2 million, up 27.17% from the prior year.
- Operating Expenses declined to -$3255.0 in Q1 2026 per GLBS's latest filing, from $18.2 million in the prior quarter.
- Over the last five years, Operating Expenses for GLBS reached as high as $18.2 million in Q4 2025 and fell as low as -$1.4 billion in Q1 2023.
- A 5-year average of -$82.3 million and a median of -$1.3 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses plunged 81962463.81% — and 2024, when it jumped 100.0%.
- Year by year, Operating Expenses stood at $18.0 million in 2022, then fell by 10.67% to $16.1 million in 2023, then decreased by 10.84% to $14.3 million in 2024, then rose by 27.14% to $18.2 million in 2025, then sank by 100.02% to -$3255.0 in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$3255.0, $18.2 million, and -$2.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,968,594.96 Bn | 2,968,594.04 Bn | 57.20 Mn | -403.80 Mn |
| 2 | Danaos | 2,533.01 Bn | 2,532.13 Bn | 203.71 Mn | -15.99 Mn |
| 3 | Sfl | 1,576.05 Bn | 1,575.90 Bn | 66.27 Mn | 129.63 Mn |
| 4 | Capital Clean Energy Carriers | 1,417.80 Bn | 1,417.26 Bn | 95.52 Mn | 3.47 Mn |
| 5 | Globus Maritime | 60.28 Bn | 60.26 Bn | 8,083.00 | -3,255.00 |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 722.10 Mn |
| 7 | Matson | 6.21 Bn | 6.11 Bn | - | 623.90 Mn |
| 8 | Intercont (Cayman) | 3.73 Bn | 3.73 Bn | - | - |
| 9 | Hafnia | 3.72 Bn | 3.61 Bn | 152.41 Mn | -49.23 Mn |
| 10 | Star Bulk Carriers | 3.12 Bn | 2.63 Bn | 493.84 Mn | -412.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3,255.00 |
| Dec 31, 2025 | 18.24 Mn |
| Sep 30, 2025 | -2.72 Mn |
| Jun 30, 2025 | -2.70 Mn |
| Mar 31, 2025 | -2,666.00 |
| Dec 31, 2024 | 14.35 Mn |
| Sep 30, 2024 | -2.67 Mn |
| Jun 30, 2024 | -2.66 Mn |
| Mar 31, 2024 | -2,341.00 |
| Dec 31, 2023 | 16.09 Mn |
| Sep 30, 2023 | -1.35 Mn |
| Jun 30, 2023 | -1.40 Mn |
| Mar 31, 2023 | -1.45 Bn |
| Dec 31, 2022 | 18.01 Mn |
| Sep 30, 2022 | -1.79 Mn |
| Jun 30, 2022 | -6.26 Mn |
| Mar 31, 2022 | -1,763.00 |
| Dec 31, 2021 | 14.27 Mn |
| Sep 30, 2021 | -1.34 Mn |
| Jun 30, 2021 | -4.66 Mn |