Teekay Tankers TNK
NYSE TNK
$93.38 +1.59 (+1.73%)
At close: Sep 4, 2026 · 4:00 PM EDT

Teekay Tankers (TNK) Operating Expenses (2009 - 2026)

Teekay Tankers' (TNK) quarterly Operating Expenses came in at -$15.3 million in Q2 2026, up 23.9% year-over-year from -$12.3 million in Q2 2025, and down 47.16% quarter-over-quarter from -$10.4 million in Q1 2026.

Analysis

Teekay Tankers (TNK) Operating Expenses (2009 - 2026) Analysis & Trends

Teekay Tankers (TNK) has reported Operating Expenses for 18 consecutive years, with -$15.3 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 23.9% year-over-year to -$15.3 million in Q2 2026; TTM through Jun 2026 was -$48.0 million, a 47.39% increase from a year earlier, with the FY2025 full-year figure at $241.0 million, down 7.72% from the prior year.
  • Operating Expenses was -$15.3 million for Q2 2026 at Teekay Tankers, down from -$10.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$9.7 million in Q1 2025 and troughed at -$34.6 million in Q3 2024.
  • A 5-year average of -$21.8 million and a median of -$20.2 million in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses sank 150.84% in 2022 and soared 70.03% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at -$20.4 million in 2022, then tumbled by 46.5% to -$29.9 million in 2023, then gained by 10.0% to -$26.9 million in 2024, then jumped by 58.31% to -$11.2 million in 2025, then slumped by 36.32% to -$15.3 million in 2026.
  • The last three Operating Expenses figures came in at -$15.3 million (Q2 2026), -$10.4 million (Q1 2026), and -$11.2 million (Q4 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 Teekay Tankers 3.23 Bn 3.23 Bn 312.20 Mn -15.28 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -15.28 Mn
Mar 31, 2026 -10.38 Mn
Dec 31, 2025 -11.21 Mn
Sep 30, 2025 -11.15 Mn
Jun 30, 2025 -20.07 Mn
Mar 31, 2025 -9.71 Mn
Dec 31, 2024 -26.88 Mn
Sep 30, 2024 -34.58 Mn
Jun 30, 2024 -33.17 Mn
Mar 31, 2024 -32.40 Mn
Dec 31, 2023 -29.87 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 40.10 Mn
Sep 30, 2021 39.10 Mn