Safe Bulkers (SB) Net Income (2009 - 2026)

Safe Bulkers (SB) posted Net Income of $82.9 million for Q1 2026, up 233.37% on a QoQ basis from -$62.2 million in Q4 2025, and up 17.7% year-over-year from $70.5 million in Q1 2025.

Safe Bulkers (SB) Net Income (2009 - 2026) Analysis & Trends

Safe Bulkers' Net Income history runs 18 years deep, the most recent figure standing at $82.9 million for Q1 2026.

  • Quarterly Net Income rose 17.7% year-over-year to $82.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $172.8 million (down 29.81% YoY) and the FY2025 annual result came in at $39.9 million, down 59.03% from the prior year.
  • Net Income was $82.9 million for Q1 2026 at Safe Bulkers, up from -$62.2 million in the prior quarter.
  • Across five years, Net Income topped out at $97.5 million in Q3 2022 and bottomed at -$62.2 million in Q4 2025.
  • A 5-year average of $62.9 million and a median of $70.5 million in 2025 frame the typical range for Net Income.
  • Annual changes were most pronounced in 2022 — Net Income jumped 141.59% — and 2025, when it plunged 719.81%.
  • Safe Bulkers' Net Income stood at $67.9 million in 2022, then slumped by 75.32% to $16.8 million in 2023, then slumped by 40.13% to $10.0 million in 2024, then plunged by 719.81% to -$62.2 million in 2025, then soared by 233.37% to $82.9 million in 2026.
  • Business Quant data shows SB's Net Income at $82.9 million in Q1 2026, -$62.2 million in Q4 2025, and $82.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 ZIM Integrated Shipping Services 2,968,558.65 Bn 2,968,557.73 Bn 57.20 Mn -110.10 Mn
2 Danaos 2,526.27 Bn 2,525.40 Bn 203.71 Mn 140.42 Mn
3 Sfl 1,574.72 Bn 1,574.57 Bn 66.27 Mn 26.08 Mn
4 Capital Clean Energy Carriers 1,410.00 Bn 1,409.46 Bn 95.52 Mn 43.68 Mn
5 Globus Maritime 58.94 Bn 58.91 Bn 8,083.00 0.05
6 Kirby 7.99 Bn 7.92 Bn 291.34 Mn 92.03 Mn
7 Matson 6.24 Bn 6.14 Bn - 56.60 Mn
8 Intercont (Cayman) 3.95 Bn 3.95 Bn - -
9 Hafnia 3.72 Bn 3.60 Bn 152.41 Mn 111.94 Mn
10 Safe Bulkers 762.67 Mn 590.90 Mn 53.24 Mn 82.92 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 82.92 Mn
Dec 31, 2025 -62.17 Mn
Sep 30, 2025 82.62 Mn
Jun 30, 2025 69.39 Mn
Mar 31, 2025 70.45 Mn
Dec 31, 2024 10.03 Mn
Sep 30, 2024 83.87 Mn
Jun 30, 2024 81.78 Mn
Mar 31, 2024 88.32 Mn
Dec 31, 2023 16.76 Mn
Sep 30, 2023 69.54 Mn
Jun 30, 2023 69.79 Mn
Mar 31, 2023 69.83 Mn
Dec 31, 2022 67.89 Mn
Sep 30, 2022 97.49 Mn
Jun 30, 2022 93.94 Mn
Mar 31, 2022 77.00 Mn
Dec 31, 2021 65.21 Mn
Sep 30, 2021 55.38 Mn
Jun 30, 2021 43.23 Mn