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| Date | Value |
|---|---|
| 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 |