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
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