Globus Maritime GLBS
NASDAQ GLBS
$3.56 -0.13 (-3.52%)
At close: Sep 8, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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