Safe Bulkers (SB) Cost of Revenue (2009 - 2026)
Safe Bulkers (SB) posted Cost of Revenue of $4.47 million for the quarter ended Jun 30, 2026, up 2.9% from $4.34 million a year earlier but down 13.4% from the prior quarter.
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Analysis
Safe Bulkers (SB) Cost of Revenue (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Safe Bulkers was $36.41 million, up 18.6% year-over-year; for the year ended Dec 31, 2025, it came in at $19.45 million, up 16.3% from the prior year.
- Annual Cost of Revenue shows a five-year compound annual growth rate of -14.1% (years ended Dec 2020 to Dec 2025).
- In prior years, Safe Bulkers' Cost of Revenue was $16.73 million in the year ended Dec 31, 2024 (-22.8%), $21.67 million in the year ended Dec 31, 2023 (+117.3%), $9.97 million in the year ended Dec 31, 2022 (+2.2%) and $9.75 million in the year ended Dec 31, 2021 (-76.5%).
- Quarterly Cost of Revenue has run from a low of $469,000 in the quarter ended Dec 31, 2021 to a high of $21.67 million in the quarter ended Dec 31, 2023 over five years.
- On a year-over-year basis, Cost of Revenue has increased in each of the last five quarters, with growth averaging 4.7% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was the quarter ended Dec 31, 2023, with growth of 638.2%; the weakest was the quarter ended Dec 31, 2021, with a decline of 90.1%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $5.16 million (quarter ended Mar 31, 2026), $19.45 million (quarter ended Dec 31, 2025) and $7.34 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | - |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | - |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | - |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | - |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | - |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | - |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | - |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | - |
| 10 | Safe Bulkers | 900.91 Mn | 399.81 Mn | 86.76 Mn | 4.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.47 Mn |
| Mar 31, 2026 | 5.16 Mn |
| Dec 31, 2025 | 19.45 Mn |
| Sep 30, 2025 | 7.34 Mn |
| Jun 30, 2025 | 4.34 Mn |
| Mar 31, 2025 | 4.22 Mn |
| Dec 31, 2024 | 16.73 Mn |
| Sep 30, 2024 | 5.42 Mn |
| Jun 30, 2024 | 4.12 Mn |
| Mar 31, 2024 | 4.86 Mn |
| Dec 31, 2023 | 21.67 Mn |
| Sep 30, 2023 | 5.95 Mn |
| Jun 30, 2023 | 4.23 Mn |
| Mar 31, 2023 | 5.93 Mn |
| Dec 31, 2022 | 2.94 Mn |
| Sep 30, 2022 | 1.58 Mn |
| Jun 30, 2022 | 1.12 Mn |
| Mar 31, 2022 | 4.34 Mn |
| Dec 31, 2021 | 469,000.00 |
| Sep 30, 2021 | 1.48 Mn |
API Access
Safe Bulkers Cost of Revenue 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=cost-of-revenue&ticker=SB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "SB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();