Performance Shipping (PSHG) Operating Expenses (2010 - 2026)
Performance Shipping's Operating Expenses was $8.14 million in Q2 2026, up 78.1% from $4.57 million a year earlier and up 5.8% from the prior quarter.
Performance Shipping (PSHG) Operating Expenses (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Performance Shipping's Operating Expenses was $28.39 million through Jun 30, 2026, up 50.4% year-over-year; for FY2025, it was $21.61 million, up 9.3% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of 18.6% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $19.76 million in FY2024 (-9.6%), $21.87 million in FY2023 (+58.1%), $13.83 million in FY2022 (+12.4%) and $12.3 million in FY2021 (+33.6%).
- The Q2 2026 figure marks the highest quarterly Operating Expenses since Q1 2016.
- Compared with a year earlier, Operating Expenses has increased for four straight quarters, with growth averaging 19.8% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was Q2 2026 (growth of 78.1%); the worst was Q4 2024 (a decline of 15.9%).
- Per Business Quant data, PSHG's Operating Expenses in the three quarters before Q2 2026 was $7.69 million (Q1 2026), $6.44 million (Q4 2025) and $6.13 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 4.10 Bn |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 2.43 Bn |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 1.95 Bn |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 21.90 Bn |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 2.34 Bn |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 23.46 Bn |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | 17.89 Bn |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 1.09 Bn |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 4.43 Bn |
| 10 | Performance Shipping | 3.24 Mn | 3.24 Mn | 32.91 Mn | 8.14 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.14 Mn |
| Mar 31, 2026 | 7.69 Mn |
| Dec 31, 2025 | 6.44 Mn |
| Sep 30, 2025 | 6.13 Mn |
| Jun 30, 2025 | 4.57 Mn |
| Mar 31, 2025 | 4.47 Mn |
| Dec 31, 2024 | 5.06 Mn |
| Sep 30, 2024 | 4.78 Mn |
| Jun 30, 2024 | 5.05 Mn |
| Mar 31, 2024 | 4.87 Mn |
| Dec 31, 2023 | 6.01 Mn |
| Sep 30, 2023 | 5.52 Mn |
| Jun 30, 2023 | 5.19 Mn |
| Mar 31, 2023 | 5.14 Mn |
| Dec 31, 2022 | 4.24 Mn |
| Sep 30, 2022 | 3.31 Mn |
| Jun 30, 2022 | 2.95 Mn |
| Mar 31, 2022 | 3.33 Mn |
| Dec 31, 2021 | 3.74 Mn |
| Sep 30, 2021 | 2.78 Mn |
Performance Shipping Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=PSHG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PSHG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PSHG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();