OceanPal SVRN
NASDAQ SVRN
$11.17 +2.10 (+23.15%)
As of: Sep 8, 2026 · 3:53 PM EDT

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-over-year from $3.9 million in Q4 2024, and up 100.26% quarter-over-quarter from $3.9 million in Q4 2024.

Analysis

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.

  • In Q4 2025, Operating Expenses rose 100.26% year-over-year to $7.8 million; the TTM figure through Dec 2025 stood at $17.6 million (up 40.68% YoY), while the FY2025 annual figure was $6.0 billion, down 8.85% 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 $1000.0 in Q2 2021.
  • Average Operating Expenses over 5 years is $2.5 million, with a median of $2.5 million recorded in 2023.
  • Year-over-year, Operating Expenses surged 165000.0% in 2022 and sank 30.53% in 2023.
  • Over 5 years, Operating Expenses stood at $349000.0 in 2021, then jumped by 540.11% to $2.2 million in 2022, then sank 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.
  • Per Business Quant data, the three most recent Operating Expenses figures were $7.8 million in Q4 2025, $3.9 million in Q4 2024, and $3.0 million in Q3 2024.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - 347.18 Mn
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn 800.04 Mn
3 Matson 6.76 Bn 6.64 Bn - 810.50 Mn
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn 168.38 Mn
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn -47.20 Mn
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn -783.93 Mn
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn -10.41 Mn
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn -419.60 Mn
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn 202.38 Mn
10 OceanPal 166,768.10 166,768.10 - 7.80 Mn
Historic Data

Historic Data

Download Data
DateValue
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