Nordic American Tankers Operating Expenses Growth & History (NAT)
Nordic American Tankers's operating expenses was $66.9M for fiscal 2025.
View full Nordic American Tankers company overviewNordic American Tankers annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $66.9M | $4.1M | +6.57% |
| 2024 | 2024-12-31 | $62.8M | $2.8M | +4.68% |
| 2023 | 2023-12-31 | $60.0M | −$3.4M | −5.40% |
| 2022 | 2022-12-31 | $63.4M | −$4.2M | −6.27% |
| 2021 | 2021-12-31 | $67.7M | $793,000 | +1.19% |
| 2020 | 2020-12-31 | $66.9M | $850,000 | +1.29% |
| 2019 | 2019-12-31 | $66.0M | −$14.4M | −17.88% |
| 2018 | 2018-12-31 | $80.4M | −$7.3M | −8.27% |
| 2017 | 2017-12-31 | $87.7M | $7.4M | +9.22% |
| 2016 | 2016-12-31 | $80.3M | $13.7M | +20.54% |
| 2015 | 2015-12-31 | $66.6M | $4.1M | +6.54% |
| 2014 | 2014-12-31 | $62.5M | −$2.4M | −3.73% |
| 2013 | 2013-12-31 | $64.9M | $959,000 | +1.50% |
| 2012 | 2012-12-31 | $64.0M | $9.1M | +16.60% |
| 2011 | 2011-12-31 | $54.9M | $7.7M | +16.44% |
| 2010 | 2010-12-31 | $47.1M | $4.0M | +9.21% |
| 2009 | 2009-12-31 | $43.1M | $7.5M | +21.20% |
| 2008 | 2008-12-31 | $35.6M | — | — |
Nordic American Tankers quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$5.1M | −$11.4M | — |
| Q1 2026 | 2026-03-31 | $7.5M | $625,000 | +9.13% |
| Q4 2025 | 2025-12-31 | $7.2M | — | — |
| Q3 2025 | 2025-09-30 | $7.0M | — | — |
| Q2 2025 | 2025-06-30 | $6.4M | — | — |
| Q1 2025 | 2025-03-31 | $6.8M | — | — |
| Q3 2016 | 2016-09-30 | $21.6M | — | — |
Nordic American Tankers operating expenses trends
Over the last five fiscal years, Nordic American Tankers's operating expenses increased from $66.9M to $66.9M, a change of $55,000. The latest reported quarter, Q2 2026, shows −$5.1M.
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.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC 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 Nordic American Tankers source filings ↗