Tsakos Energy Navigation annual operating expenses
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Tsakos Energy Navigation Operating Expenses Growth & History (TEN)
Tsakos Energy Navigation's operating expenses was $546.4M for fiscal 2025.
View full Tsakos Energy Navigation company overviewTsakos Energy Navigation annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $546.4M | $20.9M | +3.97% |
| 2024 | 2024-12-31 | $525.5M | $27.4M | +5.51% |
| 2023 | 2023-12-31 | $498.1M | −$106.0M | −17.54% |
| 2022 | 2022-12-31 | $604.0M | −$61.9M | −9.30% |
| 2021 | 2021-12-31 | $666.0M | $118.5M | +21.65% |
| 2020 | 2020-12-31 | $547.4M | $35.9M | +7.01% |
| 2019 | 2019-12-31 | $511.6M | −$46.4M | −8.32% |
| 2018 | 2018-12-31 | $558.0M | $92.3M | +19.82% |
| 2017 | 2017-12-31 | $465.7M | $73.7M | +18.81% |
| 2016 | 2016-12-31 | $392.0M | −$7.7M | −1.92% |
| 2015 | 2015-12-31 | $399.6M | −$25.3M | −5.96% |
| 2014 | 2014-12-31 | $425.0M | $11.5M | +2.78% |
| 2013 | 2013-12-31 | $413.5M | $20.8M | +5.29% |
| 2012 | 2012-12-31 | $392.7M | −$40.2M | −9.28% |
| 2011 | 2011-12-31 | $432.9M | $105.5M | +32.25% |
| 2010 | 2010-12-31 | $327.3M | −$45.2M | −12.14% |
| 2009 | 2009-12-31 | $372.5M | — | — |
Tsakos Energy Navigation quarterly operating expenses
Q2.11
Q2.12
Q2.13
Q2.14
Q2.15
Q2.16
Q2.17
Q2.18
Q2.19
Q2.20
Q2.21
Q2.22
Q2.23
Q2.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | $12.4M | $2.5M | +25.61% |
| Q4 2025 | 2025-12-31 | $9.7M | — | — |
| Q3 2025 | 2025-09-30 | $9.2M | — | — |
| Q2 2025 | 2025-06-30 | $143.3M | $32.2M | +28.95% |
| Q1 2025 | 2025-03-31 | $9.9M | — | — |
| Q2 2024 | 2024-06-30 | $111.1M | −$27.8M | −20.01% |
| Q2 2023 | 2023-06-30 | $138.9M | −$20.4M | −12.83% |
| Q2 2022 | 2022-06-30 | $159.3M | $10.0M | +6.72% |
| Q2 2021 | 2021-06-30 | $149.3M | $5.5M | +3.80% |
| Q2 2020 | 2020-06-30 | $143.8M | $18.8M | +15.06% |
| Q2 2019 | 2019-06-30 | $125.0M | $4.9M | +4.12% |
| Q2 2018 | 2018-06-30 | $120.1M | $7.2M | +6.38% |
| Q2 2017 | 2017-06-30 | $112.9M | $17.3M | +18.13% |
| Q2 2016 | 2016-06-30 | $95.5M | −$9.3M | −8.87% |
| Q2 2015 | 2015-06-30 | $104.8M | $933,000 | +0.90% |
| Q2 2014 | 2014-06-30 | $103.9M | $4.5M | +4.50% |
| Q2 2013 | 2013-06-30 | $99.4M | $10.5M | +11.80% |
| Q2 2012 | 2012-06-30 | $88.9M | −$14.0M | −13.61% |
| Q2 2011 | 2011-06-30 | $103.0M | — | — |
Tsakos Energy Navigation operating expenses trends
Over the last five fiscal years, Tsakos Energy Navigation's operating expenses decreased from $547.4M to $546.4M, a change of −$1.1M. The latest reported quarter, Q1 2026, shows $12.4M.
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
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 Tsakos Energy Navigation source filings ↗