Costamare (CMRE-PB) Operating Expenses (2009 - 2026)

Costamare (CMRE-PB) reported Operating Expenses of -$42.2 million for Q1 2026, down 9.64% on a YoY basis from -$46.7 million in Q1 2025, and up 0.52% quarter-over-quarter from -$42.4 million in Q4 2025.

Costamare (CMRE-PB) Operating Expenses (2009 - 2026) Analysis & Trends

Costamare has reported Operating Expenses for 18 years, with the latest figure at -$42.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 9.64% year-over-year to -$42.2 million; the trailing twelve-month figure through Mar 2026 stood at -$166.2 million (down 5.16% YoY), and the FY2025 full-year result was $162.5 million, up 2.89% from the prior year.
  • Operating Expenses for Q1 2026 stood at -$42.2 million, up from -$42.4 million in the prior quarter.
  • The five-year high for Operating Expenses was -$38.4 million in Q1 2025, with the low at -$70.9 million in Q4 2022.
  • Historically, Operating Expenses has averaged -$53.6 million across 5 years, with a median of -$59.7 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Expenses sank 106.89% — and 2024, when it soared 38.76%.
  • Costamare's Operating Expenses stood at -$70.9 million in 2022, then gained by 9.76% to -$64.0 million in 2023, then soared by 38.76% to -$39.2 million in 2024, then slipped by 8.17% to -$42.4 million in 2025, then grew by 0.52% to -$42.2 million in 2026.
  • The last three Operating Expenses figures came in at -$42.2 million (Q1 2026), -$42.4 million (Q4 2025), and -$40.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn 6.31 Mn
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn 722.10 Mn
3 Matson 5.69 Bn 5.59 Bn - 696.40 Mn
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn -24.49 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 223.85 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn -403.80 Mn
7 Costamare 1.93 Bn 1.42 Bn - -42.16 Mn
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn -23.83 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn - 8.85 Mn
10 Costamare - - - -42.16 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -42.16 Mn
Dec 31, 2025 -42.38 Mn
Sep 30, 2025 -40.93 Mn
Jun 30, 2025 -40.72 Mn
Mar 31, 2025 -38.45 Mn
Dec 31, 2024 -39.18 Mn
Sep 30, 2024 -39.84 Mn
Jun 30, 2024 -40.56 Mn
Mar 31, 2024 -59.66 Mn
Dec 31, 2023 -63.98 Mn
Sep 30, 2023 -63.50 Mn
Jun 30, 2023 -62.93 Mn
Mar 31, 2023 -67.67 Mn
Dec 31, 2022 -70.90 Mn
Sep 30, 2022 -64.98 Mn
Jun 30, 2022 -67.60 Mn
Mar 31, 2022 -65.75 Mn
Dec 31, 2021 -60.67 Mn
Sep 30, 2021 -49.72 Mn
Jun 30, 2021 -37.82 Mn