NASDAQ$SBLK
Star Bulk Carriers Corp. · Q3 2025 earnings
Q3 2025 earnings · · After market close · Investor relations
Briefing
Star Bulk Q3 2025: $263.9M voyage revenue, $18.5M net income, $0.11 dividend
Star Bulk Carriers reported Q3 2025 voyage revenues of $263.9 million, down from $344.3 million in Q3 2024, as a smaller average fleet (141.4 vs 155.3 vessels) and weaker charter rates weighed on results. Net income was $18.5 million ($0.16 basic EPS) versus $81.3 million ($0.69 EPS) a year ago; adjusted net income was $32.4 million ($0.28 adjusted EPS). Daily TCE fell to $16,634 from $18,843 while adjusted EBITDA was $86.8 million. The board declared a $0.11 quarterly dividend (19th consecutive payout) and the company repurchased shares under its $100 million buyback program, leaving $91.4 million authorization remaining.
- Q3 voyage revenue $263.9M; net income $18.5M ($0.16 EPS)
- Adjusted net income $32.4M ($0.28 EPS); adjusted EBITDA $86.8M
- Daily TCE $16,634 vs $18,843 YoY; average fleet 141.4 vessels
- Declared $0.11/share quarterly dividend; ~$82.1M buybacks YTD
- Agreed to acquire three Kamsarmax resales for Q3 2026 delivery in October
Headline financials
Revenue & EPS history
Star Bulk · Revenue · Quarterly
$264M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q3 2025
+0.1%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+1.5%
Avg return
30 days after
48%
31 / 65 earnings
Positive
+19.9%
Q2 2013
Best reaction
-22.0%
Q3 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +0.3% | +3.3% | -3.3% | |
| Q1 2026 | +0.0% | +1.7% | +2.4% | |
| Q3 2025 | -1.3% | +2.3% | -5.2% | |
| Q2 2025 | -1.0% | -1.9% | +0.8% | |
| Q1 2025 | +2.5% | +0.4% | +6.0% | |
| Q4 2024 | -8.7% | -6.8% | +1.2% | |
| Q3 2024 | -7.2% | -8.9% | -28.0% | |
| Q2 2024 | -0.4% | +1.8% | -5.7% | |
| Q1 2024 | -0.7% | +2.7% | -8.3% | |
| Q4 2023 | -3.4% | -2.6% | +7.1% | |
| Q3 2023 | +2.9% | +3.3% | +7.8% | |
| Q2 2023 | +5.7% | +5.4% | +1.9% | |
| Q1 2023 | +3.3% | +3.2% | +1.3% | |
| Q4 2022 | -4.3% | -2.5% | -9.5% | |
| Q3 2022 | -2.0% | -0.5% | -3.8% | |
| Q2 2022 | +0.6% | +2.2% | -21.8% | |
| Q1 2022 | -5.1% | -3.2% | -25.3% | |
| Q4 2021 | +8.9% | +7.8% | +7.6% | |
| Q3 2021 | -2.0% | -1.0% | +1.3% | |
| Q2 2021 | +2.2% | +1.7% | +25.9% | |
| Q1 2021 | -5.0% | +2.8% | +0.1% | |
| Q4 2020 | -7.7% | -2.2% | +18.0% | |
| Q3 2020 | -1.6% | -0.3% | +10.6% | |
| Q2 2020 | +0.4% | -0.9% | -4.3% | |
| Q1 2020 | +2.0% | +0.0% | +33.8% | |
| Q4 2019 | +10.0% | -1.0% | -32.6% | |
| Q3 2019 | +5.1% | +4.7% | +12.1% | |
| Q2 2019 | +5.8% | +1.5% | +21.3% | |
| Q1 2019 | -11.8% | -10.1% | +1.8% | |
| Q4 2018 | +5.1% | +5.3% | -12.6% | |
| Q3 2018 | -1.7% | +1.5% | -2.5% | |
| Q2 2018 | -1.0% | -4.6% | -11.8% | |
| Q1 2018 | +1.3% | +6.9% | -1.4% | |
| Q4 2017 | +2.5% | +1.5% | -5.9% | |
| Q3 2017 | -1.2% | +1.6% | +14.3% | |
| Q2 2017 | -0.5% | +2.6% | +11.9% | |
| Q1 2017 | -11.0% | -6.3% | +5.0% | |
| Q4 2016 | +0.3% | -1.1% | +8.3% | |
| Q3 2016 | +0.9% | -5.4% | -11.5% | |
| Q2 2016 | -6.0% | +3.9% | +1.1% | |
| Q1 2016 | +3.1% | +2.1% | +55.1% | |
| Q4 2015 | +5.3% | — | — | |
| Q3 2015 | -22.0% | — | — | |
| Q2 2015 | +6.9% | — | — | |
| Q1 2015 | -5.0% | — | — | |
| Q4 2014 | +5.1% | — | — | |
| Q3 2014 | -4.6% | — | — | |
| Q2 2014 | +1.8% | — | — | |
| Q1 2014 | -4.1% | — | — | |
| Q4 2013 | +19.2% | — | — | |
| Q3 2013 | +12.0% | — | — | |
| Q2 2013 | +19.9% | — | — | |
| Q1 2013 | -2.3% | — | — | |
| Q4 2012 | +1.6% | — | — | |
| Q3 2012 | -2.7% | — | — | |
| Q2 2011 | +1.1% | — | — | |
| Q2 2012 | +3.0% | — | — | |
| Q4 2011 | +0.0% | — | — | |
| Q1 2012 | -1.1% | — | — | |
| Q3 2011 | -2.2% | — | — | |
| Q1 2011 | -2.7% | — | — | |
| Q4 2010 | -0.8% | — | — | |
| Q3 2010 | +0.7% | — | — | |
| Q2 2010 | -1.6% | — | — | |
| Q1 2010 | -0.7% | — | — |
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