OceanPal (SVRN) Operating Expenses (2021 - 2025)
OceanPal's (SVRN) quarterly Operating Expenses came in at $7.8 million in Q4 2025, up 100.26% year-on-year from $3.9 million in Q4 2024, and up 100.26% quarter-over-quarter from $3.9 million in Q4 2024.
OceanPal (SVRN) Operating Expenses (2021 - 2025) Analysis & Trends
OceanPal has disclosed Operating Expenses across 5 years of filings, most recently posting $7.8 million for Q4 2025.
- Operating Expenses for Q4 2025 came in at $7.8 million, up 100.26% year-over-year; the trailing twelve-month figure through Dec 2025 was $14.7 million (up 17.78% YoY), and the FY2024 annual result was $12.5 million, up 19.82% from the prior year.
- Operating Expenses came in at $7.8 million for Q4 2025 at OceanPal, up from $3.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $7.8 million in Q4 2025 to a low of $349000.0 in Q4 2021.
- The 5-year median for Operating Expenses is $2.5 million (2023), against an average of $2.7 million.
- Across the five-year window, Operating Expenses soared 540.11% in 2022 and slumped 30.53% in 2023, its largest moves.
- OceanPal's Operating Expenses stood at $349000.0 in 2021, then jumped by 540.11% to $2.2 million in 2022, then tumbled by 30.53% to $1.6 million in 2023, then soared by 150.97% to $3.9 million in 2024, then soared by 100.26% to $7.8 million in 2025.
- The last three Operating Expenses figures came in at $7.8 million (Q4 2025), $3.9 million (Q4 2024), and $3.0 million (Q3 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 6.31 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 722.10 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 696.40 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -24.49 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 223.85 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -403.80 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | -42.16 Mn |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | -23.83 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | 8.85 Mn |
| 10 | OceanPal | 68.93 Mn | 35.73 Mn | - | 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 |