Global Ship Lease (GSL) Operating Expenses (2009 - 2026)
Global Ship Lease (GSL) recorded quarterly Operating Expenses of $8.8 million in Q1 2026, down 8.43% quarter-over-quarter from $9.7 million in Q4 2025, and up 92.12% on a YoY basis from $4.6 million in Q1 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.
- In Q1 2026, Operating Expenses rose 92.12% year-over-year to $8.8 million; the TTM figure through Mar 2026 stood at $26.3 million (up 58.11% YoY), while the FY2025 annual figure was $208.4 million, up 8.98% from the prior year.
- Operating Expenses was $8.8 million for Q1 2026 at Global Ship Lease, down from $9.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $9.7 million in Q4 2025 to a low of $3.7 million in Q3 2025.
- Historically, Operating Expenses has averaged $5.1 million across 5 years, with a median of $4.5 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 262.74% in 2022, then plunged 30.06% in 2023.
- A 5-year view of Operating Expenses shows it stood at $4.1 million in 2022, then rose by 9.59% to $4.5 million in 2023, then fell by 8.39% to $4.1 million in 2024, then soared by 135.98% to $9.7 million in 2025, then dropped by 8.43% to $8.8 million in 2026.
- The last three Operating Expenses figures came in at $8.8 million (Q1 2026), $9.7 million (Q4 2025), and $3.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 6.31 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 722.10 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 696.40 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -24.49 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 223.85 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -403.80 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | -42.16 Mn |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | -23.83 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | 8.85 Mn |
| 10 | Capital Clean Energy Carriers | 1.33 Bn | 792.93 Mn | 78.44 Mn | 3.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.85 Mn |
| Dec 31, 2025 | 9.66 Mn |
| Sep 30, 2025 | 3.75 Mn |
| Jun 30, 2025 | 4.07 Mn |
| Mar 31, 2025 | 4.61 Mn |
| Dec 31, 2024 | 4.09 Mn |
| Sep 30, 2024 | 3.90 Mn |
| Jun 30, 2024 | 4.05 Mn |
| Mar 31, 2024 | 5.09 Mn |
| Dec 31, 2023 | 4.47 Mn |
| Sep 30, 2023 | 4.25 Mn |
| Jun 30, 2023 | 4.71 Mn |
| Mar 31, 2023 | 4.79 Mn |
| Dec 31, 2022 | 4.08 Mn |
| Sep 30, 2022 | 4.16 Mn |
| Jun 30, 2022 | 6.74 Mn |
| Mar 31, 2022 | 6.24 Mn |
| Dec 31, 2021 | 3.69 Mn |
| Sep 30, 2021 | 3.42 Mn |
| Jun 30, 2021 | 1.86 Mn |