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
DateValue
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