Cadeler A CDLR
NYSE CDLR
$25.86 +0.37 (+1.45%)
At close: Sep 11, 2026 · 4:00 PM EDT

Cadeler A (CDLR) Operating Expenses (2021 - 2026)

Cadeler A's (CDLR) quarterly Operating Expenses came in at -$23.3 million in Q1 2026, down 36.64% year-over-year from -$36.8 million in Q1 2025, and up 73.16% quarter-over-quarter from -$86.9 million in Q4 2025.

Analysis

Cadeler A (CDLR) Operating Expenses (2021 - 2026) Analysis & Trends

Cadeler A (CDLR) has reported Operating Expenses for 6 consecutive years, with -$23.3 million the latest figure, recorded in Q1 2026.

  • On a quarterly basis, Operating Expenses fell 36.64% year-over-year to -$23.3 million in Q1 2026; TTM through Mar 2026 was -$146.5 million, a 36.62% decrease from a year earlier, with the FY2025 full-year figure at -$86.9 million, down 46.88% from the prior year.
  • Operating Expenses was -$23.3 million for Q1 2026 at Cadeler A, up from -$86.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$5.0 million in Q1 2023 and troughed at -$86.9 million in Q4 2025.
  • A 5-year average of -$27.6 million and a median of -$17.1 million in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses plunged 175.87% in 2024 and declined 22.74% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at -$16.0 million in 2022, then plunged by 131.52% to -$37.1 million in 2023, then slumped by 64.58% to -$61.0 million in 2024, then plunged by 42.36% to -$86.9 million in 2025, then soared by 73.16% to -$23.3 million in 2026.
  • The last three Operating Expenses figures came in at -$23.3 million (Q1 2026), -$86.9 million (Q4 2025), and -$19.2 million (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Frontline 10.96 Bn 10.63 Bn - 347.18 Mn
2 Kirby 7.36 Bn 7.32 Bn 290.80 Mn 800.04 Mn
3 Matson 6.88 Bn 6.76 Bn - 810.50 Mn
4 International Seaways 5.14 Bn 5.14 Bn 467.16 Mn 168.38 Mn
5 Hafnia 4.68 Bn 4.40 Bn 372.91 Mn -47.20 Mn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -783.93 Mn
7 Scorpio Tankers 4.37 Bn 2.54 Bn 343.91 Mn -10.41 Mn
8 ZIM Integrated Shipping Services 3.56 Bn 2.52 Bn 255.00 Mn -419.60 Mn
9 Torm 3.55 Bn 205.55 Mn 652.00 Mn -72.60 Mn
10 Cadeler A 2.27 Bn 2.03 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 -23.32 Mn
Dec 31, 2025 -86.87 Mn
Jun 30, 2025 -19.22 Mn
Mar 31, 2025 -17.06 Mn
Dec 31, 2024 -61.02 Mn
Jun 30, 2024 -15.22 Mn
Mar 31, 2024 -13.90 Mn
Dec 31, 2023 -37.07 Mn
Jun 30, 2023 -9.17 Mn
Mar 31, 2023 -5.04 Mn
Dec 31, 2022 -16.01 Mn
Dec 31, 2021 -12.50 Mn