Seapeak LLC (SEAL-PB) 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 | 147.37M | 158.41M | 159.47M | 158.64M | 160.43M | 179.79M | 176.33M | 175.5M | 179.12M | 181.77M | 175.87M | 183.98M | 185.17M | 164.99M | 146.52M | 150.78M | 162.19M | 149.68M | 146.58M | 148.77M |
| Revenue Growth % | -8.14% | -11.89% | -9.56% | -9.61% | -10.43% | -1.09% | 0.26% | -4.61% | -3.27% | 10.17% | 20.03% | 22.02% | 14.17% | 10.22% | -0.04% | 1.35% | 6.14% | -2.85% | -1.58% | 0.38% |
| Cost of Goods Sold | 99.23M | 102.04M | 91.67M | 91.72M | 93.28M | 102.46M | 97.95M | 96.6M | 96.39M | 101.97M | 100.82M | 101.83M | 103.99M | 91.88M | 91.43M | 87.48M | 84.43M | 72.56M | 70.65M | 71.25M |
| COGS % of Revenue | 67.33% | 64.42% | 57.48% | 57.82% | 58.14% | 56.99% | 55.55% | 55.04% | 53.81% | 56.1% | 57.33% | 55.35% | 56.16% | 55.69% | 62.4% | 58.02% | 52.05% | 48.47% | 48.2% | 47.89% |
| Gross Profit | 48.14M | 56.37M | 67.81M | 66.92M | 67.16M | 77.33M | 78.39M | 78.9M | 82.73M | 79.8M | 75.05M | 82.16M | 81.18M | 73.11M | 55.1M | 63.3M | 77.76M | 77.13M | 75.93M | 77.52M |
| Gross Margin % | 32.67% | 35.59% | 42.52% | 42.18% | 41.86% | 43.01% | 44.45% | 44.96% | 46.19% | 43.9% | 42.67% | 44.65% | 43.84% | 44.31% | 37.6% | 41.98% | 47.95% | 51.53% | 51.8% | 52.11% |
| Gross Profit Growth % | -28.32% | -27.1% | -13.49% | -15.19% | -18.83% | -3.09% | 4.45% | -3.96% | 1.91% | 9.15% | 36.22% | 29.8% | 4.39% | -5.21% | -27.44% | -18.35% | -7.01% | -0.94% | -7.11% | -6.42% |
| Operating Expenses | 7.1M | 6.5M | 76.8M | 26.52M | 7.14M | 393.74M | 3.64M | 6.61M | 8.57M | 7.78M | 6.93M | 7.63M | 8.56M | 6.17M | 5.55M | 10.13M | 13.01M | 20.44M | 18.28M | 12.79M |
| OpEx % of Revenue | 4.82% | 4.1% | 48.16% | 16.72% | 4.45% | 219% | 2.06% | 3.77% | 4.79% | 4.28% | 3.94% | 4.15% | 4.63% | 3.74% | 3.79% | 6.72% | 8.02% | 13.65% | 12.47% | 8.6% |
| Selling, General & Admin | 7.1M | 6.5M | 13.55M | 7.26M | 7.14M | 6.63M | 7.01M | 6.88M | 8.57M | 7.78M | 6.93M | 7.63M | 8.56M | 6.17M | 5.55M | 10.13M | 13.01M | 20.44M | 18.28M | 12.79M |
| SG&A % of Revenue | 4.82% | 4.1% | 8.5% | 4.58% | 4.45% | 3.69% | 3.97% | 3.92% | 4.79% | 4.28% | 3.94% | 4.15% | 4.63% | 3.74% | 3.79% | 6.72% | 8.02% | 13.65% | 12.47% | 8.6% |
| 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 | 0 | 1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -25K | 0 | 0 |
| Operating Income | 41.04M | 49.87M | -8.99M | 40.4M | 60.01M | -316.41M | 74.75M | 72.03M | 74.86M | 64M | 68.12M | 75.06M | 108.08M | 56.34M | 49.54M | 53.36M | 18.1M | 53.46M | 57.64M | 64.74M |
| Operating Margin % | 27.85% | 31.48% | -5.64% | 25.46% | 37.41% | -175.98% | 42.39% | 41.04% | 41.79% | 35.21% | 38.73% | 40.8% | 58.37% | 34.15% | 33.81% | 35.39% | 11.16% | 35.72% | 39.33% | 43.51% |
| Operating Income Growth % | -31.62% | 115.76% | -112.03% | -43.92% | -19.84% | -594.35% | 9.73% | -4.04% | -30.74% | 13.6% | 37.5% | 40.67% | 497.02% | 5.39% | -14.06% | -17.57% | -74.36% | -17.96% | -17.17% | -6.97% |
| EBITDA | 82.92M | 92.32M | 24.62M | 74.8M | 93.53M | -279.32M | 110.13M | 107.24M | 109.85M | 99.98M | 104.59M | 111.42M | 145.01M | 88.34M | 82.31M | 84.33M | 50.83M | 87.02M | 90.65M | 97.08M |
| EBITDA Margin % | 56.27% | 58.27% | 15.44% | 47.15% | 58.3% | -155.36% | 62.45% | 61.1% | 61.33% | 55.01% | 59.47% | 60.56% | 78.31% | 53.54% | 56.17% | 55.93% | 31.34% | 58.14% | 61.84% | 65.26% |
| EBITDA Growth % | -11.35% | 133.05% | -77.64% | -30.25% | -14.86% | -379.37% | 5.29% | -3.75% | -24.24% | 13.18% | 27.07% | 32.12% | 185.26% | 1.52% | -9.2% | -13.14% | -50.41% | -11.25% | -11.3% | -4.08% |
| D&A (Non-Cash Add-back) | 41.88M | 42.44M | 33.61M | 34.41M | 33.52M | 37.08M | 35.38M | 35.21M | 34.99M | 35.98M | 36.47M | 36.36M | 36.92M | 32M | 32.76M | 30.97M | 32.73M | 33.56M | 33M | 32.35M |
| EBIT | 41.04M | 80.85M | -6.69M | 70.27M | 50.03M | -244.28M | 82.58M | 116.44M | 125.37M | 51.39M | 167.16M | 150.01M | 146.88M | -67.31M | 161.15M | 116.81M | 97.44M | 70.87M | 102.06M | 88.18M |
| Net Interest Income | -33.87M | -35.94M | -38.29M | -39.24M | -39.28M | -41.08M | -40.9M | -41.97M | -40.36M | -43.2M | -44.84M | -43.37M | -44.68M | -37.39M | -32.93M | -30M | -28.67M | -28.05M | -28.2M | -28.78M |
| Interest Income | 2.83M | 3.28M | 3.06M | 3.08M | 3.17M | 3.51M | 3.72M | 3.54M | 3.32M | 2.95M | 3.09M | 2.72M | 2.65M | 3.04M | 2.11M | 1.66M | 1.33M | 1.32M | 1.31M | 1.3M |
| Interest Expense | 36.7M | 39.23M | 41.35M | 42.33M | 42.45M | 44.59M | 44.62M | 45.52M | 43.69M | 46.16M | 47.93M | 46.09M | 47.33M | 40.43M | 35.05M | 31.66M | 30M | 29.37M | 29.51M | 30.08M |
| Other Income/Expense | -479K | -8.25M | -39.05M | -12.45M | -52.43M | 27.53M | -36.79M | -1.1M | 6.82M | -58.78M | 51.11M | 28.87M | -8.54M | -174.68M | 76.56M | 50.87M | 84.64M | -11.96M | 14.91M | -6.64M |
| Pretax Income | 40.56M | 41.63M | -48.04M | 27.94M | 7.58M | -288.88M | 37.96M | 70.93M | 81.68M | 5.23M | 119.23M | 103.92M | 99.55M | -107.74M | 150.51M | 104.22M | 102.74M | 41.5M | 72.55M | 58.09M |
| Pretax Margin % | 27.52% | 26.28% | -30.13% | 17.61% | 4.72% | -160.67% | 21.53% | 40.41% | 45.6% | 2.88% | 67.79% | 56.49% | 53.76% | -65.3% | 102.72% | 69.12% | 63.35% | 27.72% | 49.5% | 39.05% |
| Income Tax | 81K | 2.42M | -981K | 2.04M | -363K | -2.49M | 681K | -497K | -182K | 2.55M | 2.07M | 3.98M | 1.6M | 1.4M | 2.28M | 1.78M | 2.72M | 3.62M | 2.23M | 1.81M |
| Effective Tax Rate % | 0.2% | 5.81% | 2.04% | 7.3% | -4.79% | 0.86% | 1.79% | -0.7% | -0.22% | 48.83% | 1.74% | 3.83% | 1.61% | -1.3% | 1.51% | 1.71% | 2.65% | 8.73% | 3.07% | 3.12% |
| Net Income | 41.41M | 39.12M | -29.4M | 23.52M | 9.19M | -253.79M | 34.78M | 68.92M | 81.99M | 1.71M | 113.58M | 96.5M | 92.75M | -111.52M | 111.08M | 98.87M | 94.84M | 27.87M | 59.49M | 46.04M |
| Net Margin % | 28.1% | 24.69% | -18.43% | 14.83% | 5.73% | -141.16% | 19.73% | 39.27% | 45.77% | 0.94% | 64.58% | 52.45% | 50.09% | -67.59% | 75.81% | 65.58% | 58.47% | 18.62% | 40.58% | 30.95% |
| Net Income Growth % | 350.83% | 115.41% | -184.51% | -65.87% | -88.8% | -14985.16% | -69.37% | -28.59% | -11.61% | 101.53% | 2.25% | -2.4% | -2.2% | -500.12% | 86.74% | 114.75% | 18.93% | -1.21% | 78.88% | 21.81% |
| Net Income (Continuing) | 40.48M | 39.21M | -47.06M | 25.9M | 7.94M | -286.39M | 37.28M | 71.42M | 81.86M | 2.67M | 117.16M | 99.94M | 97.94M | -109.14M | 123.82M | 83.37M | 64.72M | 37.88M | 70.33M | 56.28M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 42.22M | 43.39M | 43.27M | 61.19M | 58.76M | 60.31M | 92.85M | 90.66M | 88.1M | 92.21M | 91.17M | 87.92M | 84.38M | 79.53M | 77M | 74.17M | 70.4M | 65.51M | 61.78M | 58.37M |
| EPS (Diluted) | 0.35 | 0.33 | -0.36 | 0.17 | 0.03 | -2.60 | 0.29 | 0.63 | 0.76 | -0.04 | 1.07 | 0.90 | 0.87 | -0.45 | 1.25 | 1.04 | 0.99 | 0.32 | 0.68 | 0.53 |
| EPS Growth % | 1102.75% | 112.69% | -224.14% | -72.82% | -96.15% | -5755.86% | -73% | -30.83% | -12.55% | 90.13% | -14.35% | -13.35% | -12.27% | -240.46% | 83.87% | 97.5% | 7.69% | -1.14% | 78.46% | 14.99% |
| EPS (Basic) | 0.35 | 0.33 | -0.36 | 0.17 | 0.03 | -2.60 | 0.29 | 0.63 | 0.76 | -0.04 | 1.07 | 0.90 | 0.87 | -0.45 | 1.25 | 1.04 | 0.99 | 0.32 | 0.68 | 0.53 |
| Diluted Shares Outstanding | 99.95M | 99.95M | 99.95M | 99.95M | 99.95M | 99.95M | 99.9M | 99.9M | 99.9M | 99.95M | 99.9M | 99.9M | 99.9M | 88.56M | 88.6M | 88.6M | 88.6M | 87.01M | 87.23M | 87.13M |
| Basic Shares Outstanding | 99.95M | 99.95M | 99.95M | 99.95M | 99.95M | 99.95M | 99.9M | 99.9M | 99.9M | 99.95M | 99.9M | 99.9M | 99.9M | 88.56M | 88.6M | 88.6M | 88.6M | 87.01M | 87.12M | 86.97M |
| Dividend Payout Ratio | 15.16% | 16.05% | - | 26.69% | 1157.09% | - | 162.22% | 9.32% | 251.78% | 3293.14% | 5.54% | 6.38% | 6.83% | - | 5.77% | 6.48% | 6.77% | 114.42% | 53.59% | 69.23% |