Tsakos Energy Navigation (TEN) Operating Expenses (2009 - 2025)

Tsakos Energy Navigation has reported Operating Expenses for 17 years, with the latest figure at $140.9 million in Q4 2025.

• For the quarter ending Q4 2025, Operating Expenses fell 3.39% year-over-year to $140.9 million; the trailing twelve-month figure through Dec 2025 stood at $546.4 million (up 3.97% YoY), and the FY2025 full-year result was $546.4 million, up 3.97% from the prior year.
• Operating Expenses for Q4 2025 stood at $140.9 million, up from $125.8 million in the prior quarter.
• The five-year high for Operating Expenses was $232.0 million in Q4 2021, with the low at $62.1 million in Q1 2023.
• Average Operating Expenses over 5 years is $142.0 million, with a median of $142.1 million recorded in 2024.
• Year-over-year, Operating Expenses plunged 55.71% in 2023 and soared 101.96% in 2024.
• Tracing TEN's Operating Expenses over 5 years: stood at $232.0 million in 2021, then plunged by 36.27% to $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.
• The last three Operating Expenses figures came in at $140.9 million (Q4 2025), $125.8 million (Q3 2025), and $143.3 million (Q2 2025), per Business Quant data.

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