Teekay Tankers (TNK) Operating Expenses (2009 - 2026)
Teekay Tankers' (TNK) quarterly Operating Expenses came in at -$10.4 million in Q1 2026, down 6.88% year-on-year from -$11.1 million in Q1 2025, and down 27954.05% on a QoQ basis from -$37000.0 in Q4 2025.
Teekay Tankers (TNK) Operating Expenses (2009 - 2026) Analysis & Trends
Teekay Tankers (TNK) has 18 years of Operating Expenses data on file, last reported at -$10.4 million in Q1 2026.
- On a quarterly basis, Operating Expenses fell 6.88% year-over-year to -$10.4 million in Q1 2026; TTM through Mar 2026 was -$41.6 million, a 173.68% decrease from a year earlier, with the FY2025 full-year figure at $241.0 million, down 7.72% from the prior year.
- Operating Expenses for Q1 2026 stood at -$10.4 million, down from -$37000.0 in the prior quarter.
- Over the last five years, Operating Expenses for TNK reached as high as $134.0 million in Q4 2024 and fell as low as -$34.6 million in Q3 2024.
- Historically, Operating Expenses has averaged -$11.9 million across 5 years, with a median of -$20.1 million in 2025.
- Across the five-year window, Operating Expenses jumped 602.31% in 2024 and slumped 100.03% in 2025, its largest moves.
- Year by year, Operating Expenses stood at -$20.4 million in 2022, then sank by 30.83% to -$26.7 million in 2023, then soared by 602.31% to $134.0 million in 2024, then slumped by 100.03% to -$37000.0 in 2025, then tumbled by 27954.05% to -$10.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were -$10.4 million in Q1 2026, -$37000.0 in Q4 2025, and -$11.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 78.81 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -21.81 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 3.13 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 13.95 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 12.50 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 915.00 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 24.79 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 333.70 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 7.00 Mn |
| 10 | Teekay Tankers | 20.90 Bn | -14.02 Bn | 224.88 Mn | -10.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.38 Mn |
| Dec 31, 2025 | -37,000.00 |
| Sep 30, 2025 | -11.15 Mn |
| Jun 30, 2025 | -20.07 Mn |
| Mar 31, 2025 | -9.71 Mn |
| Dec 31, 2024 | 133.98 Mn |
| Sep 30, 2024 | -34.58 Mn |
| Jun 30, 2024 | -33.17 Mn |
| Mar 31, 2024 | -32.40 Mn |
| Dec 31, 2023 | -26.67 Mn |
| Sep 30, 2023 | -30.08 Mn |
| Jun 30, 2023 | -30.81 Mn |
| Mar 31, 2023 | -26.46 Mn |
| Dec 31, 2022 | -20.39 Mn |
| Sep 30, 2022 | -16.92 Mn |
| Jun 30, 2022 | -17.99 Mn |
| Mar 31, 2022 | -15.67 Mn |
| Dec 31, 2021 | -14.63 Mn |
| Sep 30, 2021 | -13.41 Mn |
| Jun 30, 2021 | -14.37 Mn |