Safe Bulkers (SB-PC) Operating Income (2009 - 2025)

Safe Bulkers has reported Operating Income for 17 years, with the latest figure at $18.7 million in Q4 2025.

• For the quarter ending Q4 2025, Operating Income fell 24.05% year-over-year to $18.7 million; the trailing twelve-month figure through Dec 2025 stood at $70.0 million (down 45.52% YoY), and the FY2025 full-year result was $70.0 million, down 45.52% from the prior year.
• Operating Income for Q4 2025 stood at $18.7 million, down from $25.8 million in the prior quarter.
• The five-year high for Operating Income was $65.7 million in Q4 2021, with the low at $10.5 million in Q2 2025.
• Historically, Operating Income has averaged $33.9 million across 5 years, with a median of $34.4 million in 2024.
• Annual changes were most pronounced in 2021 — Operating Income soared 886.15% — and 2025, when it slumped 69.56%.
• Safe Bulkers' Operating Income stood at $65.7 million in 2021, then slumped by 39.46% to $39.7 million in 2022, then retreated by 6.36% to $37.2 million in 2023, then sank by 33.8% to $24.6 million in 2024, then retreated by 24.05% to $18.7 million in 2025.
• The last three Operating Income figures came in at $18.7 million (Q4 2025), $25.8 million (Q3 2025), and $10.5 million (Q2 2025), per Business Quant data.