Global Ship Lease (GSL) Operating Expenses (2009 - 2026)

Global Ship Lease's (GSL) quarterly Operating Expenses came in at $8.8 million in Q1 2026, down 82.31% year-on-year from $50.0 million in Q1 2025, and down 84.16% quarter-over-quarter from $55.9 million in Q4 2025.

Global Ship Lease (GSL) Operating Expenses (2009 - 2026) Analysis & Trends

Global Ship Lease's Operating Expenses history runs 18 years deep, the most recent figure standing at $8.8 million for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 82.31% year-over-year to $8.8 million in Q1 2026; TTM through Mar 2026 was $167.3 million, a 13.52% decrease from a year earlier, with the FY2025 full-year figure at $208.4 million, up 8.98% from the prior year.
  • Operating Expenses slipped to $8.8 million in Q1 2026 per GSL's latest filing, from $55.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $55.9 million in Q4 2025 and bottomed at $8.8 million in Q1 2026.
  • The 5-year median for Operating Expenses is $46.6 million (2024), against an average of $44.4 million.
  • Across the five-year window, Operating Expenses soared 1136.06% in 2022 and slumped 82.31% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at $45.6 million in 2022, then grew by 3.06% to $47.0 million in 2023, then grew by 5.7% to $49.6 million in 2024, then increased by 12.55% to $55.9 million in 2025, then sank by 84.16% to $8.8 million in 2026.
  • Per Business Quant, the three latest GSL Operating Expenses figures stand at $8.8 million (Q1 2026), $55.9 million (Q4 2025), and $52.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 ZIM Integrated Shipping Services 3,084,216.90 Bn 3,084,215.99 Bn 57.20 Mn -403.80 Mn
2 Danaos 37,407.52 Bn 37,406.64 Bn 203.71 Mn -15.99 Mn
3 Sfl 1,574.06 Bn 1,573.91 Bn 66.27 Mn 129.63 Mn
4 Capital Clean Energy Carriers 37.96 Bn 37.42 Bn 95.52 Mn 3.47 Mn
5 Kirby 9.76 Bn 9.69 Bn 291.34 Mn 722.10 Mn
6 Matson 6.49 Bn 6.39 Bn - 623.90 Mn
7 C3is 5.03 Bn 5.03 Bn 10.51 Mn 6.31 Mn
8 Hafnia 3.79 Bn 3.79 Bn 152.41 Mn -49.23 Mn
9 Intercont (Cayman) 3.29 Bn 3.29 Bn - -
10 Global Ship Lease 1.55 Bn 1.55 Bn - 8.85 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 8.85 Mn
Dec 31, 2025 55.86 Mn
Sep 30, 2025 52.05 Mn
Jun 30, 2025 50.51 Mn
Mar 31, 2025 50.01 Mn
Dec 31, 2024 49.63 Mn
Sep 30, 2024 46.59 Mn
Jun 30, 2024 47.18 Mn
Mar 31, 2024 47.86 Mn
Dec 31, 2023 46.95 Mn
Sep 30, 2023 46.10 Mn
Jun 30, 2023 43.41 Mn
Mar 31, 2023 42.76 Mn
Dec 31, 2022 45.56 Mn
Sep 30, 2022 41.00 Mn
Jun 30, 2022 41.44 Mn
Mar 31, 2022 39.44 Mn
Dec 31, 2021 3.69 Mn
Sep 30, 2021 3.42 Mn
Jun 30, 2021 26.89 Mn