Global Ship Lease (GSL) Beginning Cash Balance (2017 - 2026)
Global Ship Lease (GSL) recorded quarterly Beginning Cash Balance of $339.3 million in Q1 2026, down 6.18% quarter-over-quarter from $361.7 million in Q4 2025, and up 37.04% on a YoY basis from $247.6 million in Q1 2025.
Global Ship Lease (GSL) Beginning Cash Balance (2017 - 2026) Analysis & Trends
Global Ship Lease's Beginning Cash Balance history runs 10 years deep, the most recent figure standing at $339.3 million for Q1 2026.
- In Q1 2026, Beginning Cash Balance rose 37.04% year-over-year to $339.3 million; the TTM figure through Mar 2026 stood at $1.2 billion (up 91.16% YoY), while the FY2025 annual figure was $247.6 million, down 11.79% from the prior year.
- Beginning Cash Balance was $339.3 million for Q1 2026 at Global Ship Lease, down from $361.7 million in the prior quarter.
- In the past five years, Beginning Cash Balance ranged from a high of $496.1 million in Q3 2025 to a low of $195.6 million in Q1 2022.
- Historically, Beginning Cash Balance has averaged $301.3 million across 5 years, with a median of $275.3 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Beginning Cash Balance soared 117.27% in 2022, then slipped 17.95% in 2023.
- A 5-year view of Beginning Cash Balance shows it stood at $245.5 million in 2022, then grew by 3.19% to $253.3 million in 2023, then soared by 49.45% to $378.6 million in 2024, then declined by 4.47% to $361.7 million in 2025, then retreated by 6.18% to $339.3 million in 2026.
- The last three Beginning Cash Balance figures came in at $339.3 million (Q1 2026), $361.7 million (Q4 2025), and $496.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - |
| 10 | Capital Clean Energy Carriers | 1.33 Bn | 792.93 Mn | 78.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 339.34 Mn |
| Mar 31, 2026 | 339.34 Mn |
| Dec 31, 2025 | 361.69 Mn |
| Dec 31, 2025 | 361.69 Mn |
| Sep 30, 2025 | 496.08 Mn |
| Sep 30, 2025 | 496.08 Mn |
| Mar 31, 2025 | 247.62 Mn |
| Mar 31, 2025 | 247.62 Mn |
| Dec 31, 2024 | 378.62 Mn |
| Dec 31, 2024 | 378.62 Mn |
| Mar 31, 2024 | 280.71 Mn |
| Mar 31, 2024 | 280.71 Mn |
| Dec 31, 2023 | 253.34 Mn |
| Dec 31, 2023 | 253.34 Mn |
| Sep 30, 2023 | 246.40 Mn |
| Sep 30, 2023 | 246.40 Mn |
| Mar 31, 2023 | 269.93 Mn |
| Mar 31, 2023 | 269.93 Mn |
| Dec 31, 2022 | 245.51 Mn |
| Dec 31, 2022 | 245.51 Mn |