Seanergy Maritime Holdings (SHIP) Operating Expenses (2009 - 2026)
Seanergy Maritime Holdings (SHIP) posted Operating Expenses of -$12.6 million for Q1 2026, up 5.67% sequentially from -$13.3 million in Q4 2025, and little changed YoY from -$12.6 million in Q1 2025.
Seanergy Maritime Holdings (SHIP) Operating Expenses (2009 - 2026) Analysis & Trends
Seanergy Maritime Holdings has reported Operating Expenses for 18 years, with the latest figure at -$12.6 million in Q1 2026.
- Quarterly Operating Expenses changed 0.35% year-over-year to -$12.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$53.8 million (down 11.08% YoY) and the FY2025 annual result came in at $53.8 million, up 14.47% from the prior year.
- Operating Expenses climbed to -$12.6 million in Q1 2026 per SHIP's latest filing, from -$13.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at -$9.9 million in Q1 2022 and troughed at -$14.1 million in Q3 2025.
- A 5-year average of -$11.7 million and a median of -$11.2 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses slumped 78.63% in 2022, then grew 15.73% in 2023.
- Over 5 years, Operating Expenses stood at -$10.9 million in 2022, then gained by 0.17% to -$10.9 million in 2023, then decreased by 22.74% to -$13.4 million in 2024, then climbed by 0.16% to -$13.3 million in 2025, then climbed by 5.67% to -$12.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$12.6 million, -$13.3 million, and -$14.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 800.04 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 810.50 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -49.23 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -403.80 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | -56.64 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 72,107.52 Bn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | -23.83 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -41.93 Mn |
| 10 | Seanergy Maritime Holdings | 2.90 Mn | 2.90 Mn | - | 37.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.29 Mn |
| Mar 31, 2026 | -12.59 Mn |
| Dec 31, 2025 | -13.34 Mn |
| Sep 30, 2025 | -14.10 Mn |
| Jun 30, 2025 | -13.80 Mn |
| Mar 31, 2025 | -12.54 Mn |
| Dec 31, 2024 | -13.37 Mn |
| Sep 30, 2024 | -11.37 Mn |
| Jun 30, 2024 | -11.18 Mn |
| Mar 31, 2024 | -11.07 Mn |
| Dec 31, 2023 | -10.89 Mn |
| Sep 30, 2023 | -10.28 Mn |
| Jun 30, 2023 | -10.18 Mn |
| Mar 31, 2023 | -10.91 Mn |
| Dec 31, 2022 | -10.91 Mn |
| Sep 30, 2022 | -12.20 Mn |
| Jun 30, 2022 | -10.53 Mn |
| Mar 31, 2022 | -9.91 Mn |
| Dec 31, 2021 | -11.86 Mn |
| Sep 30, 2021 | -10.04 Mn |