Global Ship Lease (GSL) Operating Expenses (2009 - 2026)
Global Ship Lease's Operating Expenses was $7.18 million in the quarter ended Jun 30, 2026, up 76.3% from $4.07 million a year earlier but down 18.9% from the prior quarter.
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Analysis
Global Ship Lease (GSL) Operating Expenses (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Global Ship Lease's Operating Expenses was $29.43 million through Jun 30, 2026, up 76.6% year-over-year; for the year ended Dec 31, 2025, it came in at -$331.3 million.
- In earlier years, Operating Expenses was -$332 million in the year ended Dec 31, 2024, -$331.6 million in the year ended Dec 31, 2023, -$291.4 million in the year ended Dec 31, 2022 and -$210.4 million in the year ended Dec 31, 2021.
- Quarterly Operating Expenses has moved between $3.42 million (the quarter ended Sep 30, 2021) and $9.66 million (the quarter ended Dec 31, 2025) over five years.
- Compared with a year earlier, Operating Expenses has increased for three straight quarters, with growth averaging 34.4% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was the quarter ended Dec 31, 2025 (growth of 136.0%); the worst was the quarter ended Mar 31, 2023 (a decline of 23.2%).
- Per Business Quant data, GSL's Operating Expenses in the three quarters before the quarter ended Jun 30, 2026 was $8.85 million (quarter ended Mar 31, 2026), $9.66 million (quarter ended Dec 31, 2025) and $3.75 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | 4.10 Bn |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | 2.43 Bn |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | 21.90 Bn |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | 1.95 Bn |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | 2.34 Bn |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | 23.46 Bn |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | 18.73 Bn |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | 1.09 Bn |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | 16.58 Bn |
| 10 | Global Ship Lease | 1.47 Bn | 114.92 Mn | - | 56.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.99 Mn |
| Mar 31, 2026 | 52.72 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 | -297.09 Mn |
| Sep 30, 2021 | 34.29 Mn |
API Access
Global Ship Lease Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=GSL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "GSL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=GSL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();