C3is (CISS) Operating Expenses (2021 - 2026)
C3is (CISS) posted Operating Expenses of $14.3 million for Q2 2026, up 126.86% on a QoQ basis from $6.3 million in Q1 2026, and up 47.91% year-over-year from $9.7 million in Q2 2025.
Analysis
C3is (CISS) Operating Expenses (2021 - 2026) Analysis & Trends
C3is has reported Operating Expenses for 6 years, with the latest figure at $14.3 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 47.91% year-over-year to $14.3 million in Q2 2026; TTM through Jun 2026 was $54.9 million, a 9.88% increase from a year earlier, with the FY2025 full-year figure at $33.4 million, up 3.59% from the prior year.
- Operating Expenses was $14.3 million for Q2 2026 at C3is, up from $6.3 million in the prior quarter.
- The five-year high for Operating Expenses was $7.7 billion in Q4 2023, with the low at -$1.5 million in Q1 2022.
- Average Operating Expenses over 5 years is $596.5 million, with a median of $8.3 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 104557.54% in 2022, then plunged 99.69% in 2024.
- Over 5 years, Operating Expenses stood at $2.7 billion in 2022, then surged by 181.0% to $7.7 billion in 2023, then slumped by 99.69% to $23.9 million in 2024, then fell by 28.51% to $17.1 million in 2025, then slipped by 16.35% to $14.3 million in 2026.
- The last three Operating Expenses figures came in at $14.3 million (Q2 2026), $6.3 million (Q1 2026), and $17.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 347.18 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 800.04 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 810.50 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 168.38 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -47.20 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | -783.93 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | -10.41 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -419.60 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 202.38 Mn |
| 10 | C3is | 481.50 | -33.25 Mn | -6.67 Bn | 14.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.32 Mn |
| Mar 31, 2026 | 6.31 Mn |
| Dec 31, 2025 | 17.12 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 | 7.69 Bn |
| Sep 30, 2023 | 6.16 Mn |
| Jun 30, 2023 | 2.07 Mn |
| Mar 31, 2023 | 2.40 Mn |
| Dec 31, 2022 | 2.74 Bn |
| Sep 30, 2022 | 182.67 Mn |
| Jun 30, 2022 | 4.86 Mn |
| Mar 31, 2022 | -1.45 Mn |
| Dec 31, 2021 | -2.62 Mn |