Tsakos Energy Navigation (TEN) Cost of Revenue (2009 - 2026)
Tsakos Energy Navigation (TEN) posted quarterly Cost of Revenue of $53.3 million for Q1 2026, up 7.37% year-on-year from $49.6 million in Q1 2025, and down 5.53% on a QoQ basis from $56.4 million in Q4 2025.
Tsakos Energy Navigation (TEN) Cost of Revenue (2009 - 2026) Analysis & Trends
Tsakos Energy Navigation (TEN) has reported Cost of Revenue for 18 consecutive years, with $53.3 million the latest figure, recorded in Q1 2026.
- Quarterly Cost of Revenue rose 7.37% year-over-year to $53.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $214.6 million (up 7.83% YoY) and the FY2025 annual result came in at $211.0 million, up 6.52% from the prior year.
- Cost of Revenue slipped to $53.3 million in Q1 2026 per TEN's latest filing, from $56.4 million in the prior quarter.
- Over the last five years, Cost of Revenue for TEN reached as high as $56.4 million in Q4 2025 and fell as low as $43.2 million in Q1 2022.
- A 5-year average of $49.9 million and a median of $49.7 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue rose 22.53% — and 2024, when it slipped 3.12%.
- Year by year, Cost of Revenue stood at $50.0 million in 2022, then fell by 1.46% to $49.3 million in 2023, then advanced by 2.7% to $50.6 million in 2024, then climbed by 11.35% to $56.4 million in 2025, then retreated by 5.53% to $53.3 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $53.3 million, $56.4 million, and $52.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,943.60 Bn | 2,943.47 Bn | 167.16 Mn | 19.13 Mn |
| 2 | Flex LNG | 1,649.28 Bn | 1,648.89 Bn | 61.79 Mn | 18.67 Mn |
| 3 | Enbridge | 120.97 Bn | 119.64 Bn | 6.70 Bn | 9.60 Bn |
| 4 | Kinder Morgan | 112.45 Bn | 112.33 Bn | 3.07 Bn | 1.41 Bn |
| 5 | Enterprise Products Partners | 82.58 Bn | 81.38 Bn | - | - |
| 6 | Tc Energy | 71.17 Bn | 65.47 Bn | 1.36 Bn | 39.44 Mn |
| 7 | Energy Transfer | 68.75 Bn | 67.78 Bn | 6.62 Bn | 21.15 Bn |
| 8 | Mplx | 59.29 Bn | 57.78 Bn | 1.95 Bn | 402.00 Mn |
| 9 | Targa Resources | 57.65 Bn | 57.55 Bn | 1.70 Bn | 2.39 Bn |
| 10 | Tsakos Energy Navigation | 1.17 Bn | 1.17 Bn | 199.70 Mn | 53.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 53.26 Mn |
| Mar 31, 2026 | 53.26 Mn |
| Dec 31, 2025 | 56.38 Mn |
| Dec 31, 2025 | 56.38 Mn |
| Sep 30, 2025 | 52.27 Mn |
| Sep 30, 2025 | 52.27 Mn |
| Jun 30, 2025 | 52.70 Mn |
| Jun 30, 2025 | 52.70 Mn |
| Mar 31, 2025 | 49.61 Mn |
| Mar 31, 2025 | 49.61 Mn |
| Dec 31, 2024 | 50.63 Mn |
| Dec 31, 2024 | 50.63 Mn |
| Sep 30, 2024 | 49.09 Mn |
| Sep 30, 2024 | 49.09 Mn |
| Jun 30, 2024 | 49.70 Mn |
| Jun 30, 2024 | 49.70 Mn |
| Mar 31, 2024 | 48.63 Mn |
| Mar 31, 2024 | 48.63 Mn |
| Dec 31, 2023 | 49.30 Mn |
| Dec 31, 2023 | 49.30 Mn |