Star Bulk Carriers (SBLK) Operating Expenses (2009 - 2025)

Star Bulk Carriers (SBLK) reported Operating Expenses of $223.8 million for Q4 2025, up 595.49% year-over-year from $32.2 million in Q4 2024, and down 3.53% quarter-over-quarter from $232.0 million in Q3 2025.

Star Bulk Carriers (SBLK) Operating Expenses (2009 - 2025) Analysis & Trends

Star Bulk Carriers (SBLK) has 17 years of Operating Expenses data on file, last reported at $223.8 million in Q4 2025.

  • Operating Expenses for Q4 2025 came in at $223.8 million, up 595.49% year-over-year; the trailing twelve-month figure through Dec 2025 was $905.6 million (down 20.98% YoY), and the FY2025 annual result was $905.6 million, up 229.33% from the prior year.
  • Operating Expenses retreated to $223.8 million in Q4 2025 per SBLK's latest filing, from $232.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $635.8 million in Q3 2024 and troughed at -$45.2 million in Q4 2024.
  • A 5-year average of $205.5 million and a median of $204.9 million in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 2314.25% in 2022, then tumbled 122.12% in 2024.
  • A 5-year view of Operating Expenses shows it stood at -$9.3 million in 2021, then jumped by 2314.25% to $206.0 million in 2022, then dropped by 0.87% to $204.2 million in 2023, then plunged by 122.12% to -$45.2 million in 2024, then surged by 595.49% to $223.8 million in 2025.
  • Business Quant data shows SBLK's Operating Expenses at $223.8 million in Q4 2025, $232.0 million in Q3 2025, and $234.2 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn 6.31 Mn
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn 722.10 Mn
3 Matson 5.69 Bn 5.59 Bn - 696.40 Mn
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn -24.49 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 223.85 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn -403.80 Mn
7 Costamare 1.93 Bn 1.42 Bn - -42.16 Mn
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn -23.83 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn - 8.85 Mn
10 Capital Clean Energy Carriers 1.33 Bn 792.93 Mn 78.44 Mn 3.47 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 223.85 Mn
Sep 30, 2025 232.03 Mn
Jun 30, 2025 234.17 Mn
Mar 31, 2025 215.58 Mn
Dec 31, 2024 -45.18 Mn
Sep 30, 2024 635.77 Mn
Jun 30, 2024 390.43 Mn
Mar 31, 2024 165.02 Mn
Dec 31, 2023 204.23 Mn
Sep 30, 2023 160.66 Mn
Jun 30, 2023 246.32 Mn
Mar 31, 2023 99.61 Mn
Dec 31, 2022 206.01 Mn
Sep 30, 2022 240.00 Mn
Jun 30, 2022 204.90 Mn
Mar 31, 2022 178.64 Mn
Dec 31, 2021 -9.30 Mn
Jun 30, 2021 169.70 Mn
Mar 31, 2021 152.04 Mn
Dec 31, 2020 -7.57 Mn