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
DateValue
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