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| Date | Value |
|---|---|
| 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 |