Himalaya Shipping (HSHP) Operating Expenses (2022 - 2026)

Himalaya Shipping (HSHP) reported Operating Expenses of -$16.4 million for Q1 2026, down 5.81% on a YoY basis from -$17.4 million in Q1 2025, and down 1.86% quarter-over-quarter from -$16.1 million in Q4 2025.

Himalaya Shipping (HSHP) Operating Expenses (2022 - 2026) Analysis & Trends

Himalaya Shipping has reported Operating Expenses for 5 years, with the latest figure at -$16.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 5.81% year-over-year to -$16.4 million; the trailing twelve-month figure through Mar 2026 stood at -$64.7 million (down 7.12% YoY), and the FY2025 full-year result was $63.7 million, up 11.95% from the prior year.
  • Operating Expenses for Q1 2026 stood at -$16.4 million, down from -$16.1 million in the prior quarter.
  • The five-year high for Operating Expenses was -$452000.0 in Q4 2022, with the low at -$16.4 million in Q1 2026.
  • Historically, Operating Expenses has averaged -$10.1 million across 5 years, with a median of -$12.9 million in 2024.
  • Annual changes were most pronounced in 2023 — Operating Expenses tumbled 1775.44% — and 2025, when it decreased 1.92%.
  • Himalaya Shipping's Operating Expenses 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 C3is 744.65 Bn 744.65 Bn 9.11 Mn 6.31 Mn
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn 722.10 Mn
3 Matson 5.69 Bn 5.59 Bn - 696.40 Mn
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn -24.49 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 223.85 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn -403.80 Mn
7 Costamare 1.93 Bn 1.42 Bn - -42.16 Mn
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn -23.83 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn - 8.85 Mn
10 Himalaya Shipping 1.61 1.61 26.20 Mn -16.40 Mn

Historic Data

Download Data
DateValue
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