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| Date | Value |
|---|---|
| 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 |