Seanergy Maritime Holdings (SHIP) Interest Expenses (2009 - 2026)
Seanergy Maritime Holdings (SHIP) posted Interest Expenses of -$4.9 million for Q1 2026, up 6.6% sequentially from -$5.2 million in Q4 2025, and down 188.6% YoY from $5.5 million in Q1 2025.
Seanergy Maritime Holdings (SHIP) Interest Expenses (2009 - 2026) Analysis & Trends
Seanergy Maritime Holdings has reported Interest Expenses for 18 years, with the latest figure at -$4.9 million in Q1 2026.
- Quarterly Interest Expenses fell 188.6% year-over-year to -$4.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$10.2 million (up 0.76% YoY) and the FY2025 annual result came in at $21.7 million, up 5.43% from the prior year.
- Interest Expenses advanced to -$4.9 million in Q1 2026 per SHIP's latest filing, from -$5.2 million in the prior quarter.
- Over five years, Interest Expenses peaked at $22.8 million in Q2 2025 and troughed at -$5.6 million in Q3 2025.
- A 5-year average of $2.3 million and a median of $2.8 million in 2022 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses jumped 346.47% in 2022, then tumbled 229.98% in 2023.
- Over 5 years, Interest Expenses stood at $11.7 million in 2022, then plunged by 144.12% to -$5.2 million in 2023, then declined by 6.21% to -$5.5 million in 2024, then advanced by 4.77% to -$5.2 million in 2025, then climbed by 6.6% to -$4.9 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered -$4.9 million, -$5.2 million, and -$5.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 232.45 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 439.00 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -49.77 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -112.20 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | 159.66 Mn |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | -30.60 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -36.51 Mn |
| 10 | Seanergy Maritime Holdings | 2.90 Mn | 2.90 Mn | - | 3.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.61 Mn |
| Jun 30, 2026 | 3.61 Mn |
| Mar 31, 2026 | -4.88 Mn |
| Mar 31, 2026 | -4.88 Mn |
| Dec 31, 2025 | -5.23 Mn |
| Dec 31, 2025 | -5.23 Mn |
| Sep 30, 2025 | -5.57 Mn |
| Sep 30, 2025 | -5.57 Mn |
| Jun 30, 2025 | 22.80 Mn |
| Jun 30, 2025 | 22.80 Mn |
| Mar 31, 2025 | 5.51 Mn |
| Mar 31, 2025 | 5.51 Mn |
| Dec 31, 2024 | -5.49 Mn |
| Dec 31, 2024 | -5.49 Mn |
| Sep 30, 2024 | -5.40 Mn |
| Sep 30, 2024 | -5.40 Mn |
| Jun 30, 2024 | 21.04 Mn |
| Jun 30, 2024 | 21.04 Mn |
| Mar 31, 2024 | -4.86 Mn |
| Mar 31, 2024 | -4.86 Mn |