Teekay annual operating expenses
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Teekay Operating Expenses Growth & History (TK)
Teekay's operating expenses was $238.9M for fiscal 2025.
View full Teekay company overviewTeekay annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $238.9M | −$13.7M | −5.44% |
| 2024 | 2024-12-31 | $252.6M | $11.0M | +4.56% |
| 2023 | 2023-12-31 | $241.6M | −$33.6M | −12.20% |
| 2022 | 2022-12-31 | $275.1M | −$20.5M | −6.92% |
| 2021 | 2021-12-31 | $295.6M | −$116.0M | −28.17% |
| 2020 | 2020-12-31 | $411.6M | −$55.8M | −11.93% |
| 2019 | 2019-12-31 | $467.3M | −$170.2M | −26.69% |
| 2018 | 2018-12-31 | $637.5M | −$1.08B | −62.93% |
| 2017 | 2017-12-31 | $1.72B | −$86.1M | −4.77% |
| 2016 | 2016-12-31 | $1.81B | $96.5M | +5.64% |
| 2015 | 2015-12-31 | $1.71B | $270.5M | +18.80% |
| 2014 | 2014-12-31 | $1.44B | −$328.4M | −18.58% |
| 2013 | 2013-12-31 | $1.77B | −$363.8M | −17.07% |
| 2012 | 2012-12-31 | $2.13B | $263.6M | +14.11% |
| 2011 | 2011-12-31 | $1.87B | $6.0M | +0.32% |
| 2010 | 2010-12-31 | $1.86B | −$150.2M | −7.47% |
| 2009 | 2009-12-31 | $2.01B | −$957.5M | −32.25% |
| 2008 | 2008-12-31 | $2.97B | — | — |
Teekay quarterly operating expenses
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Q4.24
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q4 2024 | 2024-12-31 | $12.3M | — | — |
| Q3 2021 | 2021-09-30 | $122.4M | −$31.4M | −20.43% |
| Q2 2021 | 2021-06-30 | $130.6M | −$17.2M | −11.66% |
| Q3 2020 | 2020-09-30 | $153.8M | −$5.9M | −3.67% |
| Q2 2020 | 2020-06-30 | $147.8M | −$14.8M | −9.12% |
| Q3 2019 | 2019-09-30 | $159.6M | −$111.0M | −41.01% |
| Q2 2019 | 2019-06-30 | $162.6M | −$146.2M | −47.34% |
| Q3 2018 | 2018-09-30 | $270.6M | −$377.6M | −58.25% |
| Q2 2018 | 2018-06-30 | $308.8M | −$116.2M | −27.34% |
| Q3 2017 | 2017-09-30 | $648.2M | $227.5M | +54.08% |
| Q2 2017 | 2017-06-30 | $425.0M | −$58.3M | −12.07% |
| Q3 2016 | 2016-09-30 | $420.7M | — | — |
| Q2 2016 | 2016-06-30 | $483.3M | $90.0M | +22.87% |
| Q2 2015 | 2015-06-30 | $393.4M | $20.6M | +5.52% |
| Q2 2014 | 2014-06-30 | $372.8M | −$28.5M | −7.11% |
| Q2 2013 | 2013-06-30 | $401.3M | −$17.2M | −4.11% |
| Q2 2012 | 2012-06-30 | $418.5M | — | — |
Teekay operating expenses trends
Over the last five fiscal years, Teekay's operating expenses decreased from $411.6M to $238.9M, a change of −$172.7M. The latest reported quarter, Q4 2024, shows $12.3M.
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 Teekay source filings ↗