Safe Bulkers (SB) Gross Profit (2009 - 2026)
Safe Bulkers (SB) posted Gross Profit of $53.2 million for Q1 2026, up 314.85% on a QoQ basis from -$24.8 million in Q4 2025, and up 31.52% year-over-year from $40.5 million in Q1 2025.
Safe Bulkers (SB) Gross Profit (2009 - 2026) Analysis & Trends
Safe Bulkers' Gross Profit history runs 18 years deep, the most recent figure standing at $53.2 million for Q1 2026.
- Quarterly Gross Profit rose 31.52% year-over-year to $53.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $117.3 million (down 6.78% YoY) and the FY2025 annual result came in at $178.4 million, down 17.04% from the prior year.
- Gross Profit was $53.2 million for Q1 2026 at Safe Bulkers, up from -$24.8 million in the prior quarter.
- Across five years, Gross Profit topped out at $74.0 million in Q3 2022 and bottomed at -$24.8 million in Q4 2025.
- A 5-year average of $41.0 million and a median of $51.2 million in 2025 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2024 — Gross Profit sank 205.4% — and 2026, when it soared 31.52%.
- Safe Bulkers' Gross Profit stood at $65.1 million in 2022, then slumped by 110.62% to -$6.9 million in 2023, then sank by 205.4% to -$21.1 million in 2024, then retreated by 17.39% to -$24.8 million in 2025, then soared by 314.85% to $53.2 million in 2026.
- Business Quant data shows SB's Gross Profit at $53.2 million in Q1 2026, -$24.8 million in Q4 2025, and $51.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,969,763.45 Bn | 2,969,762.53 Bn | 57.20 Mn |
| 2 | Danaos | 2,542.84 Bn | 2,541.96 Bn | 203.71 Mn |
| 3 | Sfl | 1,576.05 Bn | 1,575.90 Bn | 66.27 Mn |
| 4 | Capital Clean Energy Carriers | 1,398.00 Bn | 1,397.46 Bn | 95.52 Mn |
| 5 | Globus Maritime | 61.63 Bn | 61.60 Bn | 8,083.00 |
| 6 | Kirby | 8.02 Bn | 7.94 Bn | 291.34 Mn |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - |
| 8 | Intercont (Cayman) | 3.97 Bn | 3.97 Bn | - |
| 9 | Hafnia | 3.74 Bn | 3.62 Bn | 152.41 Mn |
| 10 | Safe Bulkers | 766.25 Mn | 594.47 Mn | 53.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 53.24 Mn |
| Mar 31, 2026 | 53.24 Mn |
| Dec 31, 2025 | -24.78 Mn |
| Dec 31, 2025 | -24.78 Mn |
| Sep 30, 2025 | 51.23 Mn |
| Sep 30, 2025 | 51.23 Mn |
| Jun 30, 2025 | 37.64 Mn |
| Jun 30, 2025 | 37.64 Mn |
| Mar 31, 2025 | 40.48 Mn |
| Mar 31, 2025 | 40.48 Mn |
| Dec 31, 2024 | -21.11 Mn |
| Dec 31, 2024 | -21.11 Mn |
| Sep 30, 2024 | 53.80 Mn |
| Sep 30, 2024 | 53.80 Mn |
| Jun 30, 2024 | 52.70 Mn |
| Jun 30, 2024 | 52.70 Mn |
| Mar 31, 2024 | 58.36 Mn |
| Mar 31, 2024 | 58.36 Mn |
| Dec 31, 2023 | -6.91 Mn |
| Dec 31, 2023 | -6.91 Mn |