Star Bulk Carriers Corp. (SBLK) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 281.15M | 300.59M | 263.86M | 247.41M | 230.65M | 308.92M | 344.28M | 352.88M | 259.39M | 263.46M | 223.09M | 238.69M | 224.03M | 294.8M | 364.14M | 417.33M | 360.88M | 499.86M | 415.69M | 311.41M |
| Revenue Growth % | 21.9% | -2.7% | -23.36% | -29.89% | -11.08% | 17.25% | 54.32% | 47.84% | 15.78% | -10.63% | -38.74% | -42.81% | -37.92% | -41.02% | -12.4% | 34.01% | 80.02% | 168.71% | 107.61% | 113.1% |
| Cost of Goods Sold | 188.2M | 195.85M | 163.85M | 168.03M | 170.44M | 188.09M | 190.55M | 177.57M | 126.62M | 138.38M | 133.44M | 138.39M | 144.31M | 145.59M | 184.8M | 150.8M | 125.65M | 129.69M | 129.9M | 118.48M |
| COGS % of Revenue | 66.94% | 65.16% | 62.1% | 67.92% | 73.89% | 60.89% | 55.35% | 50.32% | 48.81% | 52.52% | 59.82% | 57.98% | 64.41% | 49.39% | 50.75% | 36.13% | 34.82% | 25.95% | 31.25% | 38.05% |
| Gross Profit | 92.95M | 104.73M | 100M | 79.38M | 60.21M | 120.83M | 153.72M | 175.31M | 132.77M | 125.08M | 89.64M | 100.3M | 79.73M | 149.21M | 179.33M | 266.53M | 235.24M | 370.17M | 285.79M | 192.93M |
| Gross Margin % | 33.06% | 34.84% | 37.9% | 32.08% | 26.11% | 39.11% | 44.65% | 49.68% | 51.19% | 47.48% | 40.18% | 42.02% | 35.59% | 50.61% | 49.25% | 63.87% | 65.18% | 74.05% | 68.75% | 61.95% |
| Gross Profit Growth % | 54.38% | -13.32% | -34.95% | -54.72% | -54.65% | -3.4% | 71.49% | 74.79% | 66.54% | -16.17% | -50.01% | -62.37% | -66.11% | -59.69% | -37.25% | 38.15% | 147.46% | 304.27% | 210.18% | 666.51% |
| Operating Expenses | 19.93M | 23.07M | 68.18M | 66.14M | 45.14M | 58.61M | 54.78M | 47.85M | 38.4M | 65.84M | 27.22M | 42.88M | 20.35M | 60.42M | 55.2M | 54.09M | 53M | 56.28M | 50.4M | 51.22M |
| OpEx % of Revenue | 7.09% | 7.67% | 25.84% | 26.73% | 19.57% | 18.97% | 15.91% | 13.56% | 14.8% | 24.99% | 12.2% | 17.96% | 9.08% | 20.5% | 15.16% | 12.96% | 14.69% | 11.26% | 12.13% | 16.45% |
| Selling, General & Admin | 19.93M | 23.07M | 19.74M | 18.24M | 15.26M | 19.29M | 21.62M | 19.48M | 10.7M | 18.09M | 13.64M | 11.01M | 11.96M | 13.22M | 18.37M | 17.15M | 8.77M | 9.54M | 13.16M | 10.13M |
| SG&A % of Revenue | 7.09% | 7.67% | 7.48% | 7.37% | 6.62% | 6.25% | 6.28% | 5.52% | 4.12% | 6.87% | 6.12% | 4.61% | 5.34% | 4.49% | 5.04% | 4.11% | 2.43% | 1.91% | 3.17% | 3.25% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 73.02M | 81.66M | 31.83M | 13.24M | 15.07M | 62.23M | 98.94M | 127.46M | 94.37M | 59.24M | 62.42M | 57.42M | 59.38M | 88.79M | 124.13M | 212.44M | 182.24M | 313.89M | 235.38M | 141.71M |
| Operating Margin % | 25.97% | 27.17% | 12.06% | 5.35% | 6.53% | 20.14% | 28.74% | 36.12% | 36.38% | 22.48% | 27.98% | 24.06% | 26.5% | 30.12% | 34.09% | 50.9% | 50.5% | 62.8% | 56.62% | 45.51% |
| Operating Income Growth % | 384.58% | 31.24% | -67.83% | -89.62% | -84.03% | 5.05% | 58.49% | 121.98% | 58.93% | -33.28% | -49.71% | -72.97% | -67.42% | -71.71% | -47.26% | 49.91% | 276.34% | 620.67% | 444.33% | 639.95% |
| EBITDA | 112.6M | 122.58M | 74.43M | 55.84M | 58.02M | 106.26M | 143.42M | 171.01M | 126.36M | 93.12M | 96.9M | 92.42M | 94.45M | 128.5M | 163.69M | 251.44M | 220.7M | 352M | 273.49M | 179.81M |
| EBITDA Margin % | 40.05% | 40.78% | 28.21% | 22.57% | 25.16% | 34.4% | 41.66% | 48.46% | 48.72% | 35.34% | 43.44% | 38.72% | 42.16% | 43.59% | 44.95% | 60.25% | 61.16% | 70.42% | 65.79% | 57.74% |
| EBITDA Growth % | 94.06% | 15.36% | -48.1% | -67.34% | -54.08% | 14.12% | 48.01% | 85.02% | 33.79% | -27.54% | -40.8% | -63.24% | -57.21% | -63.49% | -40.15% | 39.84% | 161.28% | 346.52% | 270.53% | 1932.95% |
| D&A (Non-Cash Add-back) | 39.58M | 40.91M | 42.61M | 42.61M | 42.95M | 44.03M | 44.48M | 43.55M | 31.99M | 33.88M | 34.47M | 35.01M | 35.07M | 39.71M | 39.55M | 39.01M | 38.46M | 38.11M | 38.1M | 38.1M |
| EBIT | 73.02M | 81.66M | 37.21M | 19.79M | 10.58M | 47.79M | 89.8M | 111.69M | 91.52M | 65.6M | 69.55M | 54.55M | 34.87M | 91.12M | 121.11M | 209.95M | 187.66M | 319.51M | 233.06M | 144.66M |
| Net Interest Income | -12.89M | -15.4M | -17.69M | -14.03M | -14.56M | -21.32M | -17.34M | -22.4M | -14.4M | -9.29M | -14.39M | -12.59M | -19.83M | -14.82M | -13.28M | -12.43M | -12.08M | -11.38M | -13.81M | -14.55M |
| Interest Income | 0 | 0 | 0 | 4.82M | 5.26M | 68K | 7.06M | 3.58M | 11.23M | 21.5M | 3.67M | 3.44M | 3.15M | 0 | 168K | 0 | 0 | 0 | 0 | 468K |
| Interest Expense | 12.89M | 15.4M | 17.69M | 18.86M | 19.83M | 21.38M | 24.4M | 25.98M | 25.63M | 30.8M | 18.06M | 16.03M | 22.98M | 14.82M | 13.45M | 12.43M | 12.08M | 11.38M | 13.81M | 15.02M |
| Other Income/Expense | -14.49M | -16.51M | -13.31M | -13.21M | -14.58M | -19.78M | -17.67M | -21.39M | -19.62M | -19.53M | -18.69M | -13.1M | -13.4M | -2.79M | -14.43M | -12.29M | -11.84M | -13.73M | -14.96M | -17.5M |
| Pretax Income | 58.53M | 65.15M | 18.52M | 26K | 493K | 42.49M | 81.25M | 106.07M | 74.75M | 39.71M | 43.73M | 44.32M | 45.98M | 86M | 109.7M | 200.15M | 170.4M | 300.15M | 220.42M | 124.21M |
| Pretax Margin % | 20.82% | 21.68% | 7.02% | 0.01% | 0.21% | 13.75% | 23.6% | 30.06% | 28.82% | 15.07% | 19.6% | 18.57% | 20.52% | 29.17% | 30.13% | 47.96% | 47.22% | 60.05% | 53.03% | 39.89% |
| Income Tax | 0 | 0 | 0 | -13K | 31K | 40K | -25K | -10K | -106K | 2K | 78K | 0 | 103K | 200K | 7K | 0 | 37K | 0 | 16K | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | -50% | 6.29% | 0.09% | -0.03% | -0.01% | -0.14% | 0.01% | 0.18% | 0% | 0.22% | 0.23% | 0.01% | 0% | 0.02% | 0% | 0.01% | 0% |
| Net Income | 58.53M | 65.15M | 18.52M | 39K | 462K | 42.45M | 81.27M | 106.08M | 74.86M | 39.71M | 43.66M | 44.32M | 45.88M | 85.8M | 109.69M | 200.15M | 170.36M | 300.15M | 220.41M | 124.21M |
| Net Margin % | 20.82% | 21.68% | 7.02% | 0.02% | 0.2% | 13.74% | 23.61% | 30.06% | 28.86% | 15.07% | 19.57% | 18.57% | 20.48% | 29.1% | 30.12% | 47.96% | 47.21% | 60.05% | 53.02% | 39.89% |
| Net Income Growth % | 12569.26% | 53.5% | -77.21% | -99.96% | -99.38% | 6.9% | 86.17% | 139.36% | 63.17% | -53.72% | -60.2% | -77.86% | -73.07% | -71.42% | -50.23% | 61.14% | 376.37% | 980.69% | 847.95% | 381.53% |
| Net Income (Continuing) | 58.53M | 65.15M | 18.52M | 39K | 462K | 42.45M | 81.27M | 106.08M | 74.86M | 39.71M | 43.66M | 44.32M | 45.88M | 85.8M | 109.69M | 200.15M | 170.36M | 300.15M | 220.41M | 124.21M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.52 | 0.57 | 0.16 | 0.00 | 0.00 | 0.36 | 0.69 | 0.93 | 0.89 | 0.45 | 0.43 | 0.43 | 0.44 | 0.84 | 1.06 | 1.95 | 1.67 | 2.94 | 2.15 | 1.22 |
| EPS Growth % | - | 58.33% | -76.81% | -99.97% | -99.56% | -20% | 60.47% | 116.28% | 102.27% | -46.43% | -59.43% | -77.95% | -73.65% | -71.43% | -50.7% | 59.84% | 363.89% | 913.79% | 795.83% | 365.22% |
| EPS (Basic) | 0.53 | 0.57 | 0.16 | 0.00 | 0.00 | 0.36 | 0.70 | 0.97 | 0.89 | 0.46 | 0.43 | 0.43 | 0.45 | 0.84 | 1.08 | 1.96 | 1.67 | 2.94 | 2.16 | 1.22 |
| Diluted Shares Outstanding | 111.81M | 113.97M | 114.25M | 116.09M | 117.43M | 118.32M | 117.09M | 115.26M | 84.18M | 87.36M | 102.14M | 102.96M | 103.38M | 102.72M | 102.54M | 102.47M | 102.26M | 102.29M | 102.53M | 102.04M |
| Basic Shares Outstanding | 111.31M | 113.37M | 115.74M | 116.42M | 117.44M | 117.85M | 118.55M | 114.06M | 84.11M | 87.93M | 101.66M | 103.07M | 104.26M | 102.47M | 103.06M | 102.52M | 102.01M | 102.21M | 102.51M | 102.04M |
| Dividend Payout Ratio | 70.69% | 19.37% | 33.11% | 14535.9% | 2253.68% | 152.71% | 102.57% | 79.51% | 50.77% | 42.12% | 95.28% | 83.15% | 135.26% | 157.8% | 134.94% | 85.16% | 120.21% | 40.55% | 31.88% | 24.69% |