Safe Bulkers SB
NYSE SB
$8.94 -0.23 (-2.45%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Safe Bulkers' (SB) quarterly Operating Income came in at $40.0 million in Q2 2026, up 281.4% on a YoY basis from $10.5 million in Q2 2025, and up 51.16% quarter-over-quarter from $26.5 million in Q1 2026.

Analysis

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

Safe Bulkers (SB) has reported Operating Income for 18 consecutive years, with $40.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Income rose 281.4% year-over-year to $40.0 million; the trailing twelve-month figure through Jun 2026 stood at $111.0 million (up 31.51% YoY), and the FY2025 full-year result was $191.4 million, up 49.05% from the prior year.
  • Operating Income grew to $40.0 million in Q2 2026 per SB's latest filing, from $26.5 million in the prior quarter.
  • Across five years, Operating Income topped out at $54.5 million in Q2 2022 and bottomed at $10.5 million in Q2 2025.
  • Historically, Operating Income has averaged $30.8 million across 5 years, with a median of $30.4 million in 2024.
  • The sharpest annual moves came in 2025 and 2026: Operating Income tumbled 69.56% in 2025, then surged 281.4% in 2026.
  • Over 5 years, Operating Income stood at $39.7 million in 2022, then slipped by 6.36% to $37.2 million in 2023, then tumbled by 33.8% to $24.6 million in 2024, then slipped by 24.05% to $18.7 million in 2025, then jumped by 113.82% to $40.0 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered $40.0 million, $26.5 million, and $18.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - 671.50 Mn
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn 122.36 Mn
3 Matson 6.76 Bn 6.64 Bn - 158.90 Mn
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn 301.35 Mn
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn 280.02 Mn
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn 871.57 Mn
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn 398.33 Mn
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn 144.30 Mn
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn 155.03 Mn
10 Safe Bulkers 922.29 Mn 787.76 Mn 62.00 Mn 40.02 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 40.02 Mn
Mar 31, 2026 26.47 Mn
Dec 31, 2025 18.72 Mn
Sep 30, 2025 25.85 Mn
Jun 30, 2025 10.49 Mn
Mar 31, 2025 14.92 Mn
Dec 31, 2024 24.64 Mn
Sep 30, 2024 34.39 Mn
Jun 30, 2024 34.47 Mn
Mar 31, 2024 34.93 Mn
Dec 31, 2023 37.22 Mn
Sep 30, 2023 20.63 Mn
Jun 30, 2023 21.54 Mn
Mar 31, 2023 24.76 Mn
Dec 31, 2022 39.75 Mn
Sep 30, 2022 54.09 Mn
Jun 30, 2022 54.49 Mn
Mar 31, 2022 36.33 Mn
Dec 31, 2021 65.65 Mn
Sep 30, 2021 59.03 Mn