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
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