Sfl (SFL) Cost of Revenue (2009 - 2026)
Sfl (SFL) posted quarterly Cost of Revenue of $67.6 million for Q1 2026, down 10.85% year-over-year from $75.8 million in Q1 2025, and down 4.76% quarter-over-quarter from $71.0 million in Q4 2025.
Sfl (SFL) Cost of Revenue (2009 - 2026) Analysis & Trends
Sfl (SFL) has reported Cost of Revenue for 18 consecutive years, with $67.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue fell 10.85% year-over-year to $67.6 million; the TTM figure through Mar 2026 stood at $293.5 million (down 13.12% YoY), while the FY2025 annual figure was $301.8 million, down 12.1% from the prior year.
- Cost of Revenue eased to $67.6 million in Q1 2026 per SFL's latest filing, from $71.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $102.6 million in Q4 2024 and bottomed at $39.8 million in Q2 2022.
- Historically, Cost of Revenue has averaged $71.3 million across 5 years, with a median of $71.0 million in 2025.
- Annual changes were most pronounced in 2022 — Cost of Revenue soared 493.83% — and 2025, when it slumped 30.87%.
- Sfl's Cost of Revenue stood at $71.1 million in 2022, then grew by 7.38% to $76.4 million in 2023, then jumped by 34.36% to $102.6 million in 2024, then plunged by 30.87% to $71.0 million in 2025, then dropped by 4.76% to $67.6 million in 2026.
- Business Quant data shows SFL's Cost of Revenue at $67.6 million in Q1 2026, $71.0 million in Q4 2025, and $68.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 631.60 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 72.13 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 1.03 Bn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 56.69 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | -12,231.05 Bn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 30.92 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 15.44 Mn |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | 67.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 67.58 Mn |
| Mar 31, 2026 | 67.58 Mn |
| Dec 31, 2025 | 70.95 Mn |
| Dec 31, 2025 | 70.95 Mn |
| Sep 30, 2025 | 68.91 Mn |
| Sep 30, 2025 | 68.91 Mn |
| Jun 30, 2025 | 86.11 Mn |
| Jun 30, 2025 | 86.11 Mn |
| Mar 31, 2025 | 75.80 Mn |
| Mar 31, 2025 | 75.80 Mn |
| Dec 31, 2024 | 102.63 Mn |
| Dec 31, 2024 | 102.63 Mn |
| Sep 30, 2024 | 94.24 Mn |
| Sep 30, 2024 | 94.24 Mn |
| Jun 30, 2024 | 65.20 Mn |
| Jun 30, 2024 | 65.20 Mn |
| Mar 31, 2024 | 81.23 Mn |
| Mar 31, 2024 | 81.23 Mn |
| Dec 31, 2023 | 76.38 Mn |
| Dec 31, 2023 | 76.38 Mn |