Safe Bulkers (SB) Gross Profit (2009 - 2026)
Safe Bulkers' (SB) quarterly Gross Profit came in at $62.0 million in Q2 2026, up 64.74% on a YoY basis from $37.6 million in Q2 2025, and up 16.47% quarter-over-quarter from $53.2 million in Q1 2026.
Analysis
Safe Bulkers (SB) Gross Profit (2009 - 2026) Analysis & Trends
Safe Bulkers (SB) has reported Gross Profit for 18 consecutive years, with $62.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Profit rose 64.74% year-over-year to $62.0 million; the trailing twelve-month figure through Jun 2026 stood at $141.7 million (up 27.87% YoY), and the FY2025 full-year result was $178.4 million, down 17.04% from the prior year.
- Gross Profit advanced to $62.0 million in Q2 2026 per SB's latest filing, from $53.2 million in the prior quarter.
- Across five years, Gross Profit topped out at $83.1 million in Q4 2022 and bottomed at -$24.8 million in Q4 2025.
- Historically, Gross Profit has averaged $43.1 million across 5 years, with a median of $52.0 million in 2024.
- The sharpest annual moves came in 2024 and 2026: Gross Profit tumbled 205.4% in 2024, then jumped 64.74% in 2026.
- Over 5 years, Gross Profit stood at $83.1 million in 2022, then sank by 108.32% 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 350.23% to $62.0 million in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $62.0 million, $53.2 million, and -$24.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn |
| 10 | Safe Bulkers | 922.29 Mn | 787.76 Mn | 62.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 62.00 Mn |
| Mar 31, 2026 | 53.24 Mn |
| Dec 31, 2025 | -24.78 Mn |
| Sep 30, 2025 | 51.23 Mn |
| Jun 30, 2025 | 37.64 Mn |
| Mar 31, 2025 | 40.48 Mn |
| Dec 31, 2024 | -21.11 Mn |
| Sep 30, 2024 | 53.80 Mn |
| Jun 30, 2024 | 52.70 Mn |
| Mar 31, 2024 | 58.36 Mn |
| Dec 31, 2023 | -6.91 Mn |
| Sep 30, 2023 | 42.90 Mn |
| Jun 30, 2023 | 44.68 Mn |
| Mar 31, 2023 | 44.95 Mn |
| Dec 31, 2022 | 83.09 Mn |
| Sep 30, 2022 | 74.02 Mn |
| Jun 30, 2022 | 73.00 Mn |
| Mar 31, 2022 | 57.38 Mn |
| Dec 31, 2021 | 73.86 Mn |
| Sep 30, 2021 | 75.32 Mn |