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
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