Teekay Tankers (TNK) Operating Expenses (2009 - 2026)
Teekay Tankers (TNK) posted quarterly Operating Expenses of -$15.3 million for 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.
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.
- In Q2 2026, Operating Expenses rose 23.9% year-over-year to -$15.3 million; the TTM figure through Jun 2026 stood at -$36.8 million (down 152.92% YoY), while the FY2025 annual figure was $241.0 million, down 7.72% from the prior year.
- Operating Expenses retreated to -$15.3 million in Q2 2026 per TNK's latest filing, from -$10.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $134.0 million in Q4 2024 and bottomed at -$34.6 million in Q3 2024.
- Historically, Operating Expenses has averaged -$12.1 million across 5 years, with a median of -$19.0 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Expenses plunged 150.84% — and 2024, when it jumped 602.37%.
- Teekay Tankers' Operating Expenses stood at -$20.4 million in 2022, then sank by 30.82% to -$26.7 million in 2023, then surged by 602.37% to $134.0 million in 2024, then slumped by 100.03% to -$37000.0 in 2025, then tumbled by 41183.78% to -$15.3 million in 2026.
- Business Quant data shows TNK's Operating Expenses at -$15.3 million in Q2 2026, -$10.4 million in Q1 2026, and -$37000.0 in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 3.13 Bn |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | 19.09 Bn |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | 16.13 Bn |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | 30.76 Bn |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | 851.61 Mn |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | 4.00 Mn |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | 1.93 Bn |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | 354.10 Mn |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | 1.44 Bn |
| 10 | Teekay Tankers | 3.09 Bn | 1.79 Bn | 312.20 Mn | -15.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -15.28 Mn |
| 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 | 40.10 Mn |
| Sep 30, 2021 | 39.10 Mn |