Star Bulk Carriers (SBLK) Operating Income (2009 - 2025)
Star Bulk Carriers (SBLK) posted quarterly Operating Income of $20.6 million for Q4 2025, down 93.79% year-over-year from $331.8 million in Q4 2024, and up 238.37% quarter-over-quarter from -$14.9 million in Q3 2025.
Star Bulk Carriers (SBLK) Operating Income (2009 - 2025) Analysis & Trends
Star Bulk Carriers (SBLK) has reported Operating Income for 17 consecutive years, with $20.6 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Income fell 93.79% year-over-year to $20.6 million; the TTM figure through Dec 2025 stood at -$78.1 million (down 110.98% YoY), while the FY2025 annual figure was $136.9 million, down 64.26% from the prior year.
- Operating Income advanced to $20.6 million in Q4 2025 per SBLK's latest filing, from -$14.9 million in the prior quarter.
- Across five years, Operating Income topped out at $478.5 million in Q4 2021 and bottomed at -$68.8 million in Q2 2023.
- Historically, Operating Income has averaged $92.7 million across 5 years, with a median of $37.3 million in 2024.
- Annual changes were most pronounced in 2024 — Operating Income soared 4057.58% — and 2025, when it tumbled 210.65%.
- Star Bulk Carriers' Operating Income stood at $478.5 million in 2021, then slumped by 97.0% to $14.4 million in 2022, then tumbled by 158.43% to -$8.4 million in 2023, then jumped by 4057.58% to $331.8 million in 2024, then slumped by 93.79% to $20.6 million in 2025.
- Business Quant data shows SBLK's Operating Income at $20.6 million in Q4 2025, -$14.9 million in Q3 2025, and -$42.6 million in Q2 2025.
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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 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | -22.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 20.61 Mn |
| Sep 30, 2025 | -14.89 Mn |
| Jun 30, 2025 | -42.61 Mn |
| Mar 31, 2025 | -41.25 Mn |
| Dec 31, 2024 | 331.84 Mn |
| Sep 30, 2024 | 120.83 Mn |
| Jun 30, 2024 | 221.83 Mn |
| Mar 31, 2024 | 37.28 Mn |
| Dec 31, 2023 | -8.39 Mn |
| Sep 30, 2023 | 4.84 Mn |
| Jun 30, 2023 | -68.78 Mn |
| Mar 31, 2023 | 90.95 Mn |
| Dec 31, 2022 | 14.35 Mn |
| Sep 30, 2022 | 31.82 Mn |
| Jun 30, 2022 | 212.44 Mn |
| Mar 31, 2022 | 182.24 Mn |
| Dec 31, 2021 | 478.51 Mn |
| Jun 30, 2021 | 141.71 Mn |
| Mar 31, 2021 | 48.42 Mn |
| Dec 31, 2020 | 43.56 Mn |