Gulf Marine Services annual operating expenses
2020
2021
2022
2023
2024
2025
Gulf Marine Services Operating Expenses Growth & History (GMS)
Gulf Marine Services's operating expenses was $15.4M for fiscal 2025.
View full Gulf Marine Services company overviewGulf Marine Services annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $15.4M | −$1.6M | −9.67% |
| 2024 | 2024-12-31 | $17.0M | $2.4M | +16.27% |
| 2023 | 2023-12-31 | $14.6M | $1.4M | +10.85% |
| 2022 | 2022-12-31 | $13.2M | $940,000 | +7.66% |
| 2021 | 2021-12-31 | $12.3M | −$5.9M | −32.63% |
| 2020 | 2020-12-31 | $18.2M | — | — |
Gulf Marine Services operating expenses trends
Over the last five fiscal years, Gulf Marine Services's operating expenses decreased from $18.2M to $15.4M, a change of −$2.8M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
reported and calculated operating expenses
TickerStat uses operating expenses reported in company official filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Gulf Marine Services source filings ↗Community posts
Gulf Marine Services: conflict disruption and impairment drive an H1 loss
Gulf Marine Services reported interim results on 7 September 2026. Measure H1 2026 H1 2025 Adjusted revenue $84.1m $87.1m Adjusted EBITDA $43.8m $50.8m Reported net profit/(loss) $(14.8)m $3.9m Adjusted net profit $6.9m $14.1m Fleet utilisa ...