Safe Bulkers (SB) Operating Income (2009 - 2026)
Safe Bulkers' (SB) quarterly Operating Income came in at $83.6 million in Q2 2026, up 38.37% YoY from $60.4 million in Q2 2025, and up 11.74% on a QoQ basis from $74.8 million in Q1 2026.
Safe Bulkers (SB) Operating Income (2009 - 2026) Analysis & Trends
Safe Bulkers (SB) has 18 years of Operating Income data on file, last reported at $83.6 million in Q2 2026.
- Quarterly Operating Income rose 38.37% year-over-year to $83.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $203.7 million (up 16.18% YoY) and the FY2025 annual result came in at $70.0 million, down 45.52% from the prior year.
- Operating Income rose to $83.6 million in Q2 2026, from $74.8 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $92.4 million in Q3 2022 to a low of -$28.6 million in Q4 2025.
- A 5-year average of $57.3 million and a median of $68.6 million in 2023 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income surged 168.6% — and 2024, when it sank 154.77%.
- Tracing SB's Operating Income over 5 years: stood at $61.5 million in 2022, then plunged by 114.27% to -$8.8 million in 2023, then slumped by 154.77% to -$22.4 million in 2024, then fell by 27.92% to -$28.6 million in 2025, then jumped by 392.25% to $83.6 million in 2026.
- The last three Operating Income figures came in at $83.6 million (Q2 2026), $74.8 million (Q1 2026), and -$28.6 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 122.36 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 158.90 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 109.86 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -18.30 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 132.73 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 337.11 Mn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 349.92 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 227.25 Mn |
| 10 | Safe Bulkers | 826.69 Mn | 683.78 Mn | 62.00 Mn | 83.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 83.63 Mn |
| Mar 31, 2026 | 74.85 Mn |
| Dec 31, 2025 | -28.62 Mn |
| Sep 30, 2025 | 73.88 Mn |
| Jun 30, 2025 | 60.44 Mn |
| Mar 31, 2025 | 61.83 Mn |
| Dec 31, 2024 | -22.37 Mn |
| Sep 30, 2024 | 75.47 Mn |
| Jun 30, 2024 | 73.43 Mn |
| Mar 31, 2024 | 79.19 Mn |
| Dec 31, 2023 | -8.78 Mn |
| Sep 30, 2023 | 62.53 Mn |
| Jun 30, 2023 | 63.59 Mn |
| Mar 31, 2023 | 63.85 Mn |
| Dec 31, 2022 | 61.54 Mn |
| Sep 30, 2022 | 92.38 Mn |
| Jun 30, 2022 | 90.38 Mn |
| Mar 31, 2022 | 74.10 Mn |
| Dec 31, 2021 | 65.65 Mn |
| Sep 30, 2021 | 59.03 Mn |