Seapeak (SEAL-PA) Gross Margin (2009 - 2026)

Seapeak has reported Gross Margin for 18 years, with the latest figure at 98.24% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin rose 160.0% year-over-year to 98.24%; the trailing twelve-month figure through Mar 2026 stood at 98.51% (up 48.0% YoY), and the FY2025 full-year result was 98.1%, down 27.0% from the prior year.
• Gross Margin for Q1 2026 stood at 98.24%, down from 98.85% in the prior quarter.
• The five-year high for Gross Margin was 98.95% in Q2 2025, with the low at 90.88% in Q3 2022.
• Historically, Gross Margin has averaged 97.05% across 5 years, with a median of 97.69% in 2023.
• Annual changes were most pronounced in 2022 — Gross Margin slumped 420 bps — and 2023, when it soared 617 bps.
• Seapeak's Gross Margin stood at 95.89% in 2022, then increased by 2 bps to 97.34% in 2023, then grew by 1 bps to 98.18% in 2024, then increased by 1 bps to 98.85% in 2025, then decreased by 1 bps to 98.24% in 2026.
• The last three Gross Margin figures came in at 98.24% (Q1 2026), 98.85% (Q4 2025), and 98.0% (Q3 2025), per Business Quant data.