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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |