Tsakos Energy Navigation (TEN) Cost of Revenue (2009 - 2026)
Tsakos Energy Navigation (TEN) posted Cost of Revenue of $53.3 million for Q1 2026, down 5.53% on a QoQ basis from $56.4 million in Q4 2025, and up 7.37% year-over-year from $49.6 million in Q1 2025.
Analysis
Tsakos Energy Navigation (TEN) Cost of Revenue (2009 - 2026) Analysis & Trends
Tsakos Energy Navigation has reported Cost of Revenue for 18 years, with the latest figure at $53.3 million in Q1 2026.
- On a quarterly basis, Cost of Revenue rose 7.37% year-over-year to $53.3 million in Q1 2026; TTM through Mar 2026 was $214.6 million, a 7.83% increase from a year earlier, with the FY2025 full-year figure at $211.0 million, up 6.52% from the prior year.
- Cost of Revenue was $53.3 million for Q1 2026 at Tsakos Energy Navigation, down from $56.4 million in the prior quarter.
- The five-year high for Cost of Revenue was $56.4 million in Q4 2025, with the low at $43.2 million in Q1 2022.
- Average Cost of Revenue over 5 years is $49.9 million, with a median of $49.7 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue rose 22.53% in 2022, then slipped 3.12% in 2024.
- Over 5 years, Cost of Revenue stood at $50.0 million in 2022, then declined by 1.46% to $49.3 million in 2023, then gained by 2.7% to $50.6 million in 2024, then advanced by 11.35% to $56.4 million in 2025, then fell by 5.53% to $53.3 million in 2026.
- The last three Cost of Revenue figures came in at $53.3 million (Q1 2026), $56.4 million (Q4 2025), and $52.3 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 631.60 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 129,000.00 |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 132.75 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 252.96 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 64.83 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 57.61 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 10.80 Mn |
| 10 | Tsakos Energy Navigation | 1.32 Bn | 1.32 Bn | 199.70 Mn | 53.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 53.26 Mn |
| Dec 31, 2025 | 56.38 Mn |
| Sep 30, 2025 | 52.27 Mn |
| Jun 30, 2025 | 52.70 Mn |
| Mar 31, 2025 | 49.61 Mn |
| Dec 31, 2024 | 50.63 Mn |
| Sep 30, 2024 | 49.09 Mn |
| Jun 30, 2024 | 49.70 Mn |
| Mar 31, 2024 | 48.63 Mn |
| Dec 31, 2023 | 49.30 Mn |
| Sep 30, 2023 | 50.67 Mn |
| Jun 30, 2023 | 46.67 Mn |
| Mar 31, 2023 | 48.28 Mn |
| Dec 31, 2022 | 50.03 Mn |
| Sep 30, 2022 | 50.43 Mn |
| Jun 30, 2022 | 46.63 Mn |
| Mar 31, 2022 | 43.17 Mn |
| Dec 31, 2021 | 44.47 Mn |
| Sep 30, 2021 | 41.16 Mn |
| Jun 30, 2021 | 46.17 Mn |