Star Bulk Carriers (SBLK) Operating Expenses (2009 - 2026)
Star Bulk Carriers' (SBLK) quarterly Operating Expenses came in at $202.4 million in Q2 2026, down 13.58% year-over-year from $234.2 million in Q2 2025, and down 4.09% quarter-over-quarter from $211.0 million in Q1 2026.
Analysis
Star Bulk Carriers (SBLK) Operating Expenses (2009 - 2026) Analysis & Trends
Star Bulk Carriers (SBLK) has reported Operating Expenses for 18 consecutive years, with $202.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 13.58% year-over-year to $202.4 million in Q2 2026; TTM through Jun 2026 was $869.3 million, a 12.75% decrease from a year earlier, with the FY2025 full-year figure at $905.6 million, up 2.63% from the prior year.
- Operating Expenses was $202.4 million for Q2 2026 at Star Bulk Carriers, down from $211.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $829.9 million in Q4 2022 and troughed at -$178.9 million in Q2 2022.
- A 5-year average of $233.0 million and a median of $211.0 million in 2026 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 1731.54% in 2022 and tumbled 112.55% in 2024, its largest moves.
- Over 5 years, Operating Expenses stood at $829.9 million in 2022, then dropped by 14.34% to $710.9 million in 2023, then slumped by 112.55% to -$89.2 million in 2024, then surged by 350.92% to $223.8 million in 2025, then retreated by 9.59% to $202.4 million in 2026.
- The last three Operating Expenses figures came in at $202.4 million (Q2 2026), $211.0 million (Q1 2026), and $223.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 347.18 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 800.04 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 810.50 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 168.38 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -47.20 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | -783.93 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | -10.41 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -419.60 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 202.38 Mn |
| 10 | Torm | 3.44 Bn | 94.67 Mn | 652.00 Mn | -72.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 202.38 Mn |
| Mar 31, 2026 | 211.01 Mn |
| 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 | -89.21 Mn |
| Sep 30, 2024 | 635.77 Mn |
| Jun 30, 2024 | 390.43 Mn |
| Mar 31, 2024 | 165.02 Mn |
| Dec 31, 2023 | 710.87 Mn |
| Jun 30, 2023 | -99.66 Mn |
| Mar 31, 2023 | 99.61 Mn |
| Dec 31, 2022 | 829.85 Mn |
| Sep 30, 2022 | -86,000.00 |
| Jun 30, 2022 | -178.85 Mn |
| Mar 31, 2022 | 178.64 Mn |
| Dec 31, 2021 | -50.86 Mn |
| Jun 30, 2021 | -152.18 Mn |
| Mar 31, 2021 | 152.04 Mn |