C3is (CISS) Operating Expenses (2023 - 2026)
C3is (CISS) posted quarterly Operating Expenses of $6.3 million for Q1 2026, down 15.14% year-over-year from $7.4 million in Q1 2025, and down 20.66% quarter-over-quarter from $8.0 million in Q4 2025.
C3is (CISS) Operating Expenses (2023 - 2026) Analysis & Trends
C3is' Operating Expenses history runs 4 years deep, the most recent figure standing at $6.3 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 15.14% year-over-year to $6.3 million; the TTM figure through Mar 2026 stood at $41.1 million (down 13.86% YoY), while the FY2025 annual figure was $33.4 million, up 3.59% from the prior year.
- Operating Expenses for Q1 2026 stood at $6.3 million, down from $8.0 million in the prior quarter.
- The five-year high for Operating Expenses was $23.9 million in Q4 2024, with the low at $2.1 million in Q2 2023.
- The 4-year median for Operating Expenses is $7.7 million (2024), against an average of $9.0 million.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 258.94% in 2024, then tumbled 66.78% in 2025.
- C3is' Operating Expenses stood at $10.6 million in 2023, then jumped by 125.33% to $23.9 million in 2024, then sank by 66.78% to $8.0 million in 2025, then declined by 20.66% to $6.3 million in 2026.
- Business Quant data shows CISS's Operating Expenses at $6.3 million in Q1 2026, $8.0 million in Q4 2025, and $17.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 800.04 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 810.50 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -49.23 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -403.80 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | -56.64 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 72,107.52 Bn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | -23.83 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -41.93 Mn |
| 10 | C3is | 778.83 | -27.26 Mn | 10.51 Mn | 6.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.31 Mn |
| Dec 31, 2025 | 7.95 Mn |
| Sep 2, 2025 | 17.12 Mn |
| Jun 30, 2025 | 9.68 Mn |
| Mar 31, 2025 | 7.44 Mn |
| Dec 31, 2024 | 23.94 Mn |
| Sep 30, 2024 | 8.87 Mn |
| Jun 30, 2024 | 7.42 Mn |
| Mar 31, 2024 | 7.65 Mn |
| Dec 31, 2023 | 10.63 Mn |
| Sep 30, 2023 | 6.16 Mn |
| Jun 30, 2023 | 2.07 Mn |
| Mar 31, 2023 | 2.40 Mn |