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
DateValue
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