Sfl (SFL) Operating Expenses (2009 - 2026)
Sfl (SFL) reported Operating Expenses of $129.6 million for Q1 2026, down 26.38% year-over-year from $176.1 million in Q1 2025, and up 198.21% quarter-over-quarter from -$132.0 million in Q4 2025.
Sfl (SFL) Operating Expenses (2009 - 2026) Analysis & Trends
Sfl (SFL) has 18 years of Operating Expenses data on file, last reported at $129.6 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $129.6 million, down 26.38% year-over-year; the trailing twelve-month figure through Mar 2026 was -$283.5 million (changed 0.03% YoY), and the FY2025 annual result was $589.2 million, down 2.3% from the prior year.
- Operating Expenses advanced to $129.6 million in Q1 2026 per SFL's latest filing, from -$132.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $176.1 million in Q1 2025 and troughed at -$169.6 million in Q4 2024.
- A 5-year average of -$64.4 million and a median of -$123.4 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses sank 238.77% in 2022, then jumped 243.33% in 2023.
- A 5-year view of Operating Expenses shows it stood at -$123.4 million in 2022, then dropped by 10.63% to -$136.6 million in 2023, then slipped by 24.2% to -$169.6 million in 2024, then rose by 22.18% to -$132.0 million in 2025, then soared by 198.21% to $129.6 million in 2026.
- Business Quant data shows SFL's Operating Expenses at $129.6 million in Q1 2026, -$132.0 million in Q4 2025, and -$129.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 6.31 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 722.10 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 696.40 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -24.49 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 223.85 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -403.80 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | -42.16 Mn |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | -23.83 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | 8.85 Mn |
| 10 | Sfl | 2,192.00 | -127.56 Mn | 106.91 Mn | 129.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 129.63 Mn |
| Dec 31, 2025 | -131.99 Mn |
| Sep 30, 2025 | -129.77 Mn |
| Jun 30, 2025 | -151.35 Mn |
| Mar 31, 2025 | 176.08 Mn |
| Dec 31, 2024 | -169.62 Mn |
| Sep 30, 2024 | -161.18 Mn |
| Jun 30, 2024 | -128.69 Mn |
| Mar 31, 2024 | 143.57 Mn |
| Dec 31, 2023 | -136.56 Mn |
| Sep 30, 2023 | -141.70 Mn |
| Jun 30, 2023 | -119.13 Mn |
| Mar 31, 2023 | 133.39 Mn |
| Dec 31, 2022 | -123.44 Mn |
| Sep 30, 2022 | -101.43 Mn |
| Jun 30, 2022 | -90.22 Mn |
| Mar 31, 2022 | -93.06 Mn |
| Dec 31, 2021 | -88.56 Mn |
| Sep 30, 2021 | -80.76 Mn |
| Jun 30, 2021 | -73.58 Mn |