Himalaya Shipping (HSHP) Operating Expenses (2021 - 2026)
Himalaya Shipping's (HSHP) quarterly Operating Expenses came in at -$17.0 million in Q2 2026, down 4.29% on a YoY basis from -$17.8 million in Q2 2025, and down 3.66% quarter-over-quarter from -$16.4 million in Q1 2026.
Analysis
Himalaya Shipping (HSHP) Operating Expenses (2021 - 2026) Analysis & Trends
Himalaya Shipping (HSHP) has reported Operating Expenses for 6 consecutive years, with -$17.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 4.29% year-over-year to -$17.0 million; the trailing twelve-month figure through Jun 2026 stood at -$65.4 million (down 3.81% YoY), and the FY2025 full-year result was -$63.7 million, down 11.95% from the prior year.
- Operating Expenses declined to -$17.0 million in Q2 2026 per HSHP's latest filing, from -$16.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$452000.0 in Q4 2022 and bottomed at -$17.0 million in Q2 2026.
- Historically, Operating Expenses has averaged -$10.5 million across 5 years, with a median of -$13.7 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 56.7% in 2022, then plunged 1775.44% in 2023.
- Over 5 years, Operating Expenses stood at -$452000.0 in 2022, then slumped by 1775.44% to -$8.5 million in 2023, then sank by 84.03% to -$15.6 million in 2024, then declined by 3.21% to -$16.1 million in 2025, then fell by 5.59% to -$17.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$17.0 million, -$16.4 million, and -$16.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 347.18 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 800.04 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 810.50 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 168.38 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -47.20 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | -783.93 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | -10.41 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -419.60 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 202.38 Mn |
| 10 | Himalaya Shipping | 835.05 Mn | 835.05 Mn | 46.60 Mn | -17.00 Mn |
Historic Data
Download Data
Historic 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 |
| Dec 31, 2021 | -1.04 Mn |