OceanPal (SVRN) Operating Expenses (2021 - 2025)
OceanPal (SVRN) posted Operating Expenses of $7.8 million for Q4 2025, up 100.26% sequentially from $3.9 million in Q4 2024, and up 100.26% YoY from $3.9 million in Q4 2024.
OceanPal (SVRN) Operating Expenses (2021 - 2025) Analysis & Trends
OceanPal has reported Operating Expenses for 5 years, with the latest figure at $7.8 million in Q4 2025.
- Quarterly Operating Expenses rose 100.26% year-over-year to $7.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $14.7 million (up 17.78% YoY) and the FY2025 annual result came in at $6.0 billion, down 8.85% from the prior year.
- Operating Expenses advanced to $7.8 million in Q4 2025 per SVRN's latest filing, from $3.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $7.8 million in Q4 2025 and troughed at $1000.0 in Q2 2021.
- A 5-year average of $2.5 million and a median of $2.5 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 165000.0% in 2022, then slumped 30.53% in 2023.
- Over 5 years, Operating Expenses stood at $349000.0 in 2021, then soared by 540.11% to $2.2 million in 2022, then tumbled by 30.53% to $1.6 million in 2023, then surged by 150.97% to $3.9 million in 2024, then surged by 100.26% to $7.8 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $7.8 million, $3.9 million, and $3.0 million for Q4 2025, Q4 2024, and Q3 2024 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 | OceanPal | 106,834.86 | 106,834.86 | - | 7.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 7.80 Mn |
| Dec 31, 2024 | 3.90 Mn |
| Sep 30, 2024 | 3.01 Mn |
| Jun 30, 2024 | 2.86 Mn |
| Mar 31, 2024 | 2.72 Mn |
| Dec 31, 2023 | 1.55 Mn |
| Sep 30, 2023 | 3.83 Mn |
| Jun 30, 2023 | 2.49 Mn |
| Mar 31, 2023 | 2.55 Mn |
| Dec 31, 2022 | 2.23 Mn |
| Sep 30, 2022 | 1.71 Mn |
| Jun 30, 2022 | 1.65 Mn |
| Mar 31, 2022 | 1.29 Mn |
| Dec 31, 2021 | 349,000.00 |
| Jun 30, 2021 | 1,000.00 |