Cmb.Tech (CMBT) Operating Expenses (2013 - 2026)
Cmb.Tech's (CMBT) quarterly Operating Expenses came in at -$783.9 million in Q2 2026, down 47.83% on a YoY basis from -$1.5 billion in Q2 2025, and down 113.2% quarter-over-quarter from -$367.7 million in Q1 2026.
Analysis
Cmb.Tech (CMBT) Operating Expenses (2013 - 2026) Analysis & Trends
Cmb.Tech (CMBT) has reported Operating Expenses for 14 consecutive years, with -$783.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 47.83% year-over-year to -$783.9 million; the trailing twelve-month figure through Jun 2026 stood at -$3.4 billion (down 76.74% YoY), and the FY2025 full-year result was -$1.3 billion, down 113.52% from the prior year.
- Operating Expenses fell to -$783.9 million in Q2 2026 per CMBT's latest filing, from -$367.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$145.6 million in Q1 2024 and bottomed at -$1.3 billion in Q4 2025.
- Historically, Operating Expenses has averaged -$513.0 million across 5 years, with a median of -$491.8 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses advanced 13.94% in 2022, then sank 113.52% in 2025.
- Over 5 years, Operating Expenses stood at -$671.7 million in 2022, then grew by 1.56% to -$661.2 million in 2023, then rose by 5.71% to -$623.5 million in 2024, then tumbled by 113.52% to -$1.3 billion in 2025, then soared by 41.11% to -$783.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$783.9 million, -$367.7 million, and -$1.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 347.18 Mn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 800.04 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 810.50 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 168.38 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 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 | 4.26 Bn | 2.42 Bn | 343.91 Mn | -10.41 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 202.38 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -72.60 Mn |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | -419.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -783.93 Mn |
| Mar 31, 2026 | -367.70 Mn |
| Dec 31, 2025 | -1.33 Bn |
| Sep 30, 2025 | -902.72 Mn |
| Jun 30, 2025 | -530.30 Mn |
| Dec 31, 2024 | -623.47 Mn |
| Sep 30, 2024 | -456.01 Mn |
| Jun 30, 2024 | -305.78 Mn |
| Mar 31, 2024 | -145.59 Mn |
| Dec 31, 2023 | -661.20 Mn |
| Sep 30, 2023 | -491.76 Mn |
| Jun 30, 2023 | -329.75 Mn |
| Mar 31, 2023 | -164.48 Mn |
| Dec 31, 2022 | -671.70 Mn |
| Sep 30, 2022 | -495.93 Mn |
| Jun 30, 2022 | -310.20 Mn |
| Mar 31, 2022 | -149.44 Mn |
| Dec 31, 2021 | -726.67 Mn |
| Sep 30, 2021 | -544.41 Mn |
| Jun 30, 2021 | -358.95 Mn |