Safe Bulkers (SB-PC) Cost of Revenue (2009 - 2025)

Safe Bulkers has reported Cost of Revenue for 17 years, with the latest figure at $97.3 million in Q4 2025.

• For the quarter ending Q4 2025, Cost of Revenue rose 5.13% year-over-year to $97.3 million; the trailing twelve-month figure through Dec 2025 stood at $171.2 million (up 4.44% YoY), and the FY2025 full-year result was $97.3 million, up 5.13% from the prior year.
• Cost of Revenue for Q4 2025 stood at $97.3 million, up from $21.8 million in the prior quarter.
• The five-year high for Cost of Revenue was $97.3 million in Q4 2025, with the low at $17.2 million in Q3 2021.
• Historically, Cost of Revenue has averaged $32.3 million across 5 years, with a median of $21.9 million in 2023.
• Annual changes were most pronounced in 2021 — Cost of Revenue decreased 9.22% — and 2023, when it surged 313.96%.
• Safe Bulkers' Cost of Revenue stood at $18.6 million in 2021, then advanced by 15.97% to $21.5 million in 2022, then jumped by 313.96% to $89.2 million in 2023, then increased by 3.81% to $92.6 million in 2024, then advanced by 5.13% to $97.3 million in 2025.
• The last three Cost of Revenue figures came in at $97.3 million (Q4 2025), $21.8 million (Q3 2025), and $28.1 million (Q2 2025), per Business Quant data.