Himalaya Shipping (HSHP) Operating Expenses (2022 - 2026)
Himalaya Shipping's (HSHP) quarterly Operating Expenses came in at -$16.4 million in Q1 2026, down 5.81% YoY from -$17.4 million in Q1 2025, and down 1.86% on a QoQ basis from -$16.1 million in Q4 2025.
Himalaya Shipping (HSHP) Operating Expenses (2022 - 2026) Analysis & Trends
Himalaya Shipping (HSHP) has 5 years of Operating Expenses data on file, last reported at -$16.4 million in Q1 2026.
- Quarterly Operating Expenses fell 5.81% year-over-year to -$16.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$64.7 million (down 7.12% YoY) and the FY2025 annual result came in at $63.7 million, up 11.95% from the prior year.
- Operating Expenses fell to -$16.4 million in Q1 2026, from -$16.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$452000.0 in Q4 2022 to a low of -$16.4 million in Q1 2026.
- A 5-year average of -$10.1 million and a median of -$12.9 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses tumbled 1775.44% — and 2025, when it decreased 1.92%.
- Tracing HSHP's Operating Expenses over 5 years: stood at -$452000.0 in 2022, then plunged by 1775.44% to -$8.5 million in 2023, then tumbled by 84.03% to -$15.6 million in 2024, then slipped by 3.21% to -$16.1 million in 2025, then slipped by 1.86% to -$16.4 million in 2026.
- The last three Operating Expenses figures came in at -$16.4 million (Q1 2026), -$16.1 million (Q4 2025), and -$15.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 800.04 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 810.50 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -49.23 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -403.80 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | -56.64 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 72,107.52 Bn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | -23.83 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -41.93 Mn |
| 10 | Himalaya Shipping | 766.47 Mn | 766.47 Mn | 46.60 Mn | 17.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.00 Mn |
| Mar 31, 2026 | -16.40 Mn |
| Dec 31, 2025 | -16.10 Mn |
| Sep 30, 2025 | -15.90 Mn |
| Jun 30, 2025 | -16.30 Mn |
| Mar 31, 2025 | -15.50 Mn |
| Dec 31, 2024 | -15.60 Mn |
| Sep 30, 2024 | -15.60 Mn |
| Jun 30, 2024 | -13.70 Mn |
| Mar 31, 2024 | -12.16 Mn |
| Dec 31, 2023 | -8.48 Mn |
| Sep 30, 2023 | -7.27 Mn |
| Jun 30, 2023 | -5.18 Mn |
| Mar 31, 2023 | -1.19 Mn |
| Dec 31, 2022 | -452,000.00 |
| Sep 30, 2022 | -493,000.00 |
| Jun 30, 2022 | -600,000.00 |