Tsakos Energy Navigation TEN
NYSE TEN
$43.75 +0.47 (+1.09%)
At close: Sep 4, 2026 · 4:00 PM EDT

Tsakos Energy Navigation (TEN) Operating Expenses (2009 - 2026)

Tsakos Energy Navigation (TEN) posted Operating Expenses of $143.1 million for Q1 2026, up 1.55% on a QoQ basis from $140.9 million in Q4 2025, and up 4.88% year-over-year from $136.4 million in Q1 2025.

Analysis

Tsakos Energy Navigation (TEN) Operating Expenses (2009 - 2026) Analysis & Trends

Tsakos Energy Navigation has reported Operating Expenses for 18 years, with the latest figure at $143.1 million in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 4.88% year-over-year to $143.1 million in Q1 2026; TTM through Mar 2026 was $553.0 million, a 3.06% increase from a year earlier, with the FY2025 full-year figure at $546.4 million, up 3.97% from the prior year.
  • Operating Expenses was $143.1 million for Q1 2026 at Tsakos Energy Navigation, up from $140.9 million in the prior quarter.
  • The five-year high for Operating Expenses was $163.5 million in Q4 2023, with the low at $62.1 million in Q1 2023.
  • Average Operating Expenses over 5 years is $136.3 million, with a median of $140.9 million recorded in 2025.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses tumbled 55.71% in 2023, then surged 101.96% in 2024.
  • Over 5 years, Operating Expenses stood at $147.8 million in 2022, then grew by 10.57% to $163.5 million in 2023, then declined by 10.78% to $145.8 million in 2024, then dropped by 3.39% to $140.9 million in 2025, then climbed by 1.55% to $143.1 million in 2026.
  • The last three Operating Expenses figures came in at $143.1 million (Q1 2026), $140.9 million (Q4 2025), and $125.8 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 347.18 Mn
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 800.04 Mn
3 Matson 6.74 Bn 6.62 Bn - 810.50 Mn
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 168.38 Mn
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn -47.20 Mn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -783.93 Mn
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn -10.41 Mn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 202.38 Mn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn -72.60 Mn
10 Tsakos Energy Navigation 1.32 Bn 1.32 Bn 199.70 Mn 143.09 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 143.09 Mn
Dec 31, 2025 140.90 Mn
Sep 30, 2025 125.77 Mn
Jun 30, 2025 143.27 Mn
Mar 31, 2025 136.44 Mn
Dec 31, 2024 145.85 Mn
Sep 30, 2024 143.21 Mn
Jun 30, 2024 111.11 Mn
Mar 31, 2024 125.34 Mn
Dec 31, 2023 163.46 Mn
Sep 30, 2023 133.65 Mn
Jun 30, 2023 138.89 Mn
Mar 31, 2023 62.06 Mn
Dec 31, 2022 147.84 Mn
Sep 30, 2022 156.74 Mn
Jun 30, 2022 159.33 Mn
Mar 31, 2022 140.14 Mn
Dec 31, 2021 231.98 Mn
Sep 30, 2021 147.90 Mn
Jun 30, 2021 149.30 Mn