Sfl (SFL) Operating Expenses (2009 - 2026)
Sfl's (SFL) quarterly Operating Expenses came in at $135.5 million in Q2 2026, up 239.84% year-over-year from $39.9 million in Q2 2025, and up 4.56% quarter-over-quarter from $129.6 million in Q1 2026.
Analysis
Sfl (SFL) Operating Expenses (2009 - 2026) Analysis & Trends
Sfl (SFL) has reported Operating Expenses for 18 consecutive years, with $135.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 239.84% year-over-year to $135.5 million in Q2 2026; TTM through Jun 2026 was $93.6 million, a 167.0% increase from a year earlier, with the FY2025 full-year figure at $589.2 million, down 2.3% from the prior year.
- Operating Expenses was $135.5 million for Q2 2026 at Sfl, up from $129.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $176.1 million in Q1 2025 and troughed at -$141.7 million in Q3 2023.
- A 5-year average of -$36.6 million and a median of -$91.6 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses slumped 238.77% in 2022 and soared 243.33% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at -$123.4 million in 2022, then slipped by 10.63% to -$136.6 million in 2023, then rose by 18.78% to -$110.9 million in 2024, then climbed by 21.87% to -$86.7 million in 2025, then soared by 256.4% to $135.5 million in 2026.
- The last three Operating Expenses figures came in at $135.5 million (Q2 2026), $129.6 million (Q1 2026), and -$86.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 347.18 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 800.04 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 810.50 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 168.38 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -47.20 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | -783.93 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | -10.41 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -419.60 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 202.38 Mn |
| 10 | Sfl | 1.67 Bn | 1.67 Bn | - | 135.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 135.55 Mn |
| Mar 31, 2026 | 129.63 Mn |
| Dec 31, 2025 | -86.66 Mn |
| Sep 30, 2025 | -84.92 Mn |
| Jun 30, 2025 | -96.93 Mn |
| Mar 31, 2025 | 176.08 Mn |
| Dec 31, 2024 | -110.92 Mn |
| Sep 30, 2024 | -107.93 Mn |
| Jun 30, 2024 | -84.81 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 |