Seapeak LLC (SEAL-PB) Gross Margin (2009 - 2026)
Seapeak's (SEAL-PB) quarterly Gross Margin came in at 98.24% in Q1 2026, up 160.0% YoY from 37.78% in Q1 2025, and down 0.62% on a QoQ basis from 98.85% in Q4 2025.
Seapeak LLC (SEAL-PB) Gross Margin (2009 - 2026) Analysis & Trends
Seapeak (SEAL-PB) has 18 years of Gross Margin data on file, last reported at 98.24% in Q1 2026.
- Quarterly Gross Margin rose 160.0% year-over-year to 98.24% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 98.51% (up 48.0% YoY) and the FY2025 annual result came in at 98.1%, down 27.0% from the prior year.
- Gross Margin slipped to 98.24% in Q1 2026, from 98.85% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 98.95% in Q2 2025 to a low of 90.88% in Q3 2022.
- A 5-year average of 97.05% and a median of 97.69% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 420 bps — and 2023, when it soared 617 bps.
- Tracing SEAL-PB's Gross Margin over 5 years: 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.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 98.24% |
| Dec 31, 2025 | 98.85% |
| Sep 30, 2025 | 98.00% |
| Jun 30, 2025 | 98.95% |
| Mar 31, 2025 | 96.64% |
| Dec 31, 2024 | 98.18% |
| Sep 30, 2024 | 98.39% |
| Jun 30, 2024 | 98.80% |
| Mar 31, 2024 | 98.11% |
| Dec 31, 2023 | 97.34% |
| Sep 30, 2023 | 97.05% |
| Jun 30, 2023 | 97.69% |
| Mar 31, 2023 | 96.12% |
| Dec 31, 2022 | 95.89% |
| Sep 30, 2022 | 90.88% |
| Jun 30, 2022 | 95.21% |
| Mar 31, 2022 | 95.54% |
| Dec 31, 2021 | 95.04% |
| Sep 30, 2021 | 95.07% |
| Jun 30, 2021 | 95.72% |