Navigator Holdings (NVGS) Operating Expenses (2013 - 2026)
Navigator Holdings (NVGS) posted quarterly Operating Expenses of $97.1 million for Q1 2026, down 13.18% year-over-year from $111.9 million in Q1 2025, and down 13.89% quarter-over-quarter from $112.8 million in Q4 2025.
Navigator Holdings (NVGS) Operating Expenses (2013 - 2026) Analysis & Trends
Navigator Holdings (NVGS) has reported Operating Expenses for 14 consecutive years, with $97.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 13.18% year-over-year to $97.1 million; the TTM figure through Mar 2026 stood at $419.4 million (down 4.15% YoY), while the FY2025 annual figure was $421.5 million, changed 0.46% from the prior year.
- Operating Expenses eased to $97.1 million in Q1 2026 per NVGS's latest filing, from $112.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $112.8 million in Q4 2025 and bottomed at $97.1 million in Q1 2026.
- Historically, Operating Expenses has averaged $104.9 million across 5 years, with a median of $104.1 million in 2023.
- On a YoY basis, Operating Expenses climbed as much as 39.05% in 2022 and fell as far as 39.23% in 2022.
- Navigator Holdings' Operating Expenses stood at $102.3 million in 2022, then rose by 5.99% to $108.4 million in 2023, then rose by 0.41% to $108.9 million in 2024, then climbed by 3.63% to $112.8 million in 2025, then declined by 13.89% to $97.1 million in 2026.
- Business Quant data shows NVGS's Operating Expenses at $97.1 million in Q1 2026, $112.8 million in Q4 2025, and $100.2 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 3.13 Bn |
| 2 | Enbridge | 111.07 Bn | 109.57 Bn | 5.23 Bn | 19.09 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 16.13 Bn |
| 4 | Energy Transfer | 72.38 Bn | 71.35 Bn | 7.40 Bn | 30.76 Bn |
| 5 | Tc Energy | 65.96 Bn | 58.40 Bn | 1.24 Bn | 851.61 Mn |
| 6 | Oneok | 60.08 Bn | 59.92 Bn | 2.81 Bn | 4.00 Mn |
| 7 | Mplx | 60.06 Bn | 59.03 Bn | 2.73 Bn | 1.93 Bn |
| 8 | Targa Resources | 59.31 Bn | 59.18 Bn | 2.14 Bn | 354.10 Mn |
| 9 | Cheniere Energy | 56.08 Bn | 54.82 Bn | 5.29 Bn | 1.44 Bn |
| 10 | Navigator Holdings | 1.32 Bn | 1.05 Bn | 120.83 Mn | 104.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 104.85 Mn |
| Mar 31, 2026 | 97.15 Mn |
| Dec 31, 2025 | 112.81 Mn |
| Sep 30, 2025 | 100.23 Mn |
| Jun 30, 2025 | 109.21 Mn |
| Mar 31, 2025 | 111.90 Mn |
| Dec 31, 2024 | 108.86 Mn |
| Sep 30, 2024 | 109.63 Mn |
| Jun 30, 2024 | 107.16 Mn |
| Mar 31, 2024 | 97.85 Mn |
| Dec 31, 2023 | 108.42 Mn |
| Sep 30, 2023 | 101.64 Mn |
| Jun 30, 2023 | 99.32 Mn |
| Mar 31, 2023 | 104.11 Mn |
| Dec 31, 2022 | 102.30 Mn |
| Sep 30, 2022 | 102.86 Mn |
| Jun 30, 2022 | 107.15 Mn |
| Mar 31, 2022 | 102.08 Mn |
| Dec 31, 2021 | 168.32 Mn |
| Sep 30, 2021 | 89.60 Mn |