Cadeler A (CDLR) Operating Expenses (2023 - 2025)

Cadeler A has disclosed Operating Expenses across 4 years of filings, most recently posting -$23.3 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 36.64% year-over-year to -$23.3 million; the TTM figure through Mar 2026 stood at -$146.5 million (down 56.98% YoY), while the FY2025 annual figure was -$86.9 million, changed N/A from the prior year.
• Operating Expenses improved to -$23.3 million in Q1 2026, from -$86.9 million in the prior quarter.
• Over the last five years, Operating Expenses for CDLR reached as high as -$5.0 million in Q1 2023 and fell as low as -$86.9 million in Q4 2025.
• The 4-year median for Operating Expenses is -$18.1 million (2025), against an average of -$28.8 million.
• Annual changes were most pronounced in 2024 — Operating Expenses sank 175.87% — and 2025, when it fell 22.74%.
• A 4-year view of Operating Expenses shows it stood at -$37.1 million in 2023, then tumbled by 64.58% to -$61.0 million in 2024, then sank by 42.36% to -$86.9 million in 2025, then jumped by 73.16% to -$23.3 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered -$23.3 million, -$86.9 million, and -$19.2 million for Q1 2026, Q4 2025, and Q2 2025 respectively.