Safe Bulkers (SB) Operating Expenses (2009 - 2026)

Safe Bulkers (SB) has reported Operating Expenses for 18 consecutive years, with -$21.6 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 5.16% year-over-year to -$21.6 million; the trailing twelve-month figure through Jun 2026 stood at -$62.0 million (up 3.89% YoY), and the FY2025 full-year result was $91.3 million, down 1.39% from the prior year.
• Operating Expenses steadied at -$21.6 million in Q2 2026 per SB's latest filing, from -$21.6 million in the prior quarter.
• Across five years, Operating Expenses topped out at $3.8 million in Q4 2025 and bottomed at -$22.8 million in Q2 2025.
• Historically, Operating Expenses has averaged -$15.1 million across 5 years, with a median of -$19.3 million in 2023.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses sank 206.91% in 2022, then jumped 204.04% in 2025.
• Over 5 years, Operating Expenses stood at $3.6 million in 2022, then tumbled by 47.65% to $1.9 million in 2023, then slumped by 32.48% to $1.3 million in 2024, then surged by 204.04% to $3.8 million in 2025, then sank by 663.64% to -$21.6 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered -$21.6 million, -$21.6 million, and $3.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.