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

OceanPal (SVRN) Revenue (2022 - 2024)

OceanPal's (SVRN) quarterly Revenue came in at $6.7 million in Q2 2024, up 24.87% year-over-year from $5.4 million in Q3 2023, and up 18.46% quarter-over-quarter from $5.7 million in Q1 2024.

Analysis

OceanPal (SVRN) Revenue (2022 - 2024) Analysis & Trends

OceanPal has disclosed Revenue across 3 years of filings, most recently posting $6.7 million for Q2 2024.

  • In Q2 2024, Revenue rose 24.87% year-over-year to $6.7 million; the TTM figure through Jun 2024 stood at $22.1 million (up 9.82% YoY), while the FY2025 annual figure was $14.1 million, down 45.14% from the prior year.
  • Revenue came in at $6.7 million for Q2 2024 at OceanPal, up from $5.7 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $6.7 million in Q2 2024 to a low of $3.7 million in Q1 2022.
  • Average Revenue over 3 years is $5.0 million, with a median of $5.3 million recorded in 2022.
  • Year-over-year, Revenue fell 24.42% in 2023 and surged 46.27% in 2024.
  • Over 3 years, Revenue stood at $5.7 million in 2022, then advanced by 1.47% to $5.8 million in 2023, then grew by 16.0% to $6.7 million in 2024.
  • Per Business Quant data, the three most recent Revenue figures were $6.7 million in Q2 2024, $5.7 million in Q1 2024, and $5.8 million in Q4 2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - 943.30 Mn
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn 922.40 Mn
3 Matson 6.76 Bn 6.64 Bn - 969.40 Mn
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn 467.29 Mn
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn 815.78 Mn
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn 1.22 Bn
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn 408.73 Mn
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn 1.78 Bn
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn 357.41 Mn
10 OceanPal 166,768.10 166,768.10 - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2024 6.74 Mn
Mar 31, 2024 5.69 Mn
Dec 31, 2023 5.81 Mn
Sep 30, 2023 3.87 Mn
Jun 30, 2023 5.40 Mn
Mar 31, 2023 3.89 Mn
Dec 31, 2022 5.72 Mn
Sep 30, 2022 5.12 Mn
Jun 30, 2022 4.57 Mn
Mar 31, 2022 3.68 Mn