Navigator Holdings (NVGS) Operating Expenses (2013 - 2026)
Navigator Holdings' (NVGS) quarterly Operating Expenses came in at $104.8 million in Q2 2026, up 8.54% year-over-year from $96.6 million in Q2 2025, and up 7.93% quarter-over-quarter from $97.1 million in Q1 2026.
Analysis
Navigator Holdings (NVGS) Operating Expenses (2013 - 2026) Analysis & Trends
Navigator Holdings (NVGS) has reported Operating Expenses for 14 consecutive years, with $104.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 8.54% year-over-year to $104.8 million in Q2 2026; TTM through Jun 2026 was $415.0 million, a 2.8% decrease from a year earlier, with the FY2025 full-year figure at $421.5 million, changed 0.46% from the prior year.
- Operating Expenses was $104.8 million for Q2 2026 at Navigator Holdings, up from $97.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $112.8 million in Q4 2025 and troughed at $96.6 million in Q2 2025.
- A 5-year average of $104.2 million and a median of $103.5 million in 2022 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 39.05% in 2022, down 39.23% in 2022.
- Over 5 years, Operating Expenses stood at $102.3 million in 2022, then grew by 5.99% to $108.4 million in 2023, then grew by 0.41% to $108.9 million in 2024, then gained by 3.63% to $112.8 million in 2025, then dropped by 7.06% to $104.8 million in 2026.
- The last three Operating Expenses figures came in at $104.8 million (Q2 2026), $97.1 million (Q1 2026), and $112.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 347.18 Mn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 800.04 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 810.50 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 168.38 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -47.20 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -783.93 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -10.41 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 202.38 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -72.60 Mn |
| 10 | Navigator Holdings | 1.50 Bn | 1.26 Bn | 108.98 Mn | 104.85 Mn |
Historic Data
Download Data
Historic 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 | 96.60 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 |