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| Date | Value |
|---|---|
| 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 |