Scorpio Tankers (STNG) Operating Expenses (2009 - 2026)

Scorpio Tankers (STNG) posted quarterly Operating Expenses of -$93.3 million for Q1 2026, up 39.22% year-on-year from -$67.0 million in Q1 2025, and up 21.95% on a QoQ basis from -$119.6 million in Q4 2025.

Scorpio Tankers (STNG) Operating Expenses (2009 - 2026) Analysis & Trends

Scorpio Tankers (STNG) has reported Operating Expenses for 18 consecutive years, with -$93.3 million the latest figure, recorded in Q1 2026.

  • Quarterly Operating Expenses rose 39.22% year-over-year to -$93.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$522.8 million (down 7.45% YoY) and the FY2025 annual result came in at $583.0 million, up 21.63% from the prior year.
  • Operating Expenses climbed to -$93.3 million in Q1 2026 per STNG's latest filing, from -$119.6 million in the prior quarter.
  • Over the last five years, Operating Expenses for STNG reached as high as -$93.3 million in Q1 2026 and fell as low as -$220.9 million in Q1 2022.
  • A 5-year average of -$150.4 million and a median of -$153.2 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2025 — Operating Expenses plunged 63.76% — and 2026, when it jumped 39.22%.
  • Year by year, Operating Expenses stood at -$184.5 million in 2022, then gained by 5.36% to -$174.6 million in 2023, then jumped by 37.49% to -$109.1 million in 2024, then retreated by 9.58% to -$119.6 million in 2025, then climbed by 21.95% to -$93.3 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$93.3 million, -$119.6 million, and -$158.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 78.81 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -21.81 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 3.13 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 13.95 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 12.50 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 915.00 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 24.79 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 333.70 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 7.00 Mn
10 Scorpio Tankers 3.75 Bn 3.75 Bn 244.06 Mn -93.35 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -93.35 Mn
Dec 31, 2025 -119.60 Mn
Sep 30, 2025 -158.72 Mn
Jun 30, 2025 -151.15 Mn
Mar 31, 2025 -153.57 Mn
Dec 31, 2024 -109.14 Mn
Sep 30, 2024 -96.93 Mn
Jun 30, 2024 -126.91 Mn
Mar 31, 2024 -146.37 Mn
Dec 31, 2023 -174.59 Mn
Sep 30, 2023 -149.77 Mn
Jun 30, 2023 -158.52 Mn
Mar 31, 2023 -153.20 Mn
Dec 31, 2022 -184.47 Mn
Sep 30, 2022 -184.27 Mn
Jun 30, 2022 -175.51 Mn
Mar 31, 2022 -220.88 Mn
Dec 31, 2021 -157.97 Mn
Sep 30, 2021 -159.71 Mn
Jun 30, 2021 -154.74 Mn