Sfl (SFL) Operating Expenses (2009 - 2026)
Sfl's (SFL) quarterly Operating Expenses came in at $129.6 million in Q1 2026, down 26.38% year-on-year from $176.1 million in Q1 2025, and up 198.21% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses fell 26.38% year-over-year to $129.6 million in Q1 2026; TTM through Mar 2026 was -$283.5 million, a 0.03% change from a year earlier, with the FY2025 full-year figure at $589.2 million, down 2.3% from the prior year.
- Operating Expenses for Q1 2026 stood at $129.6 million, up from -$132.0 million in the prior quarter.
- Over the last five years, Operating Expenses for SFL reached as high as $176.1 million in Q1 2025 and fell as low as -$169.6 million in Q4 2024.
- Historically, Operating Expenses has averaged -$64.4 million across 5 years, with a median of -$123.4 million in 2022.
- Across the five-year window, Operating Expenses tumbled 238.77% in 2022 and surged 243.33% in 2023, its largest moves.
- Year by year, Operating Expenses stood at -$123.4 million in 2022, then retreated by 10.63% to -$136.6 million in 2023, then fell by 24.2% to -$169.6 million in 2024, then climbed by 22.18% to -$132.0 million in 2025, then soared by 198.21% to $129.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | ZIM Integrated Shipping Services | 2,963,739.68 Bn | 2,963,738.76 Bn | 57.20 Mn | -403.80 Mn |
| 2 | Danaos | 2,526.27 Bn | 2,525.40 Bn | 203.71 Mn | -15.99 Mn |
| 3 | Sfl | 1,571.40 Bn | 1,571.25 Bn | 66.27 Mn | 129.63 Mn |
| 4 | Capital Clean Energy Carriers | 1,410.00 Bn | 1,409.46 Bn | 95.52 Mn | 3.47 Mn |
| 5 | Globus Maritime | 60.08 Bn | 60.05 Bn | 8,083.00 | -3,255.00 |
| 6 | Kirby | 8.01 Bn | 7.93 Bn | 291.34 Mn | 722.10 Mn |
| 7 | Matson | 6.20 Bn | 6.10 Bn | - | 623.90 Mn |
| 8 | Intercont (Cayman) | 3.98 Bn | 3.98 Bn | - | - |
| 9 | Hafnia | 3.72 Bn | 3.61 Bn | 152.41 Mn | -49.23 Mn |
| 10 | Star Bulk Carriers | 3.11 Bn | 2.62 Bn | 493.84 Mn | -412.62 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 |