Costamare (CMRE) Net Income (2009 - 2026)
Costamare (CMRE) reported Net Income of $120.1 million for Q1 2026, up 1183.73% on a YoY basis from $9.4 million in Q1 2025, and up 829.31% quarter-over-quarter from -$16.5 million in Q2 2025.
Costamare (CMRE) Net Income (2009 - 2026) Analysis & Trends
Costamare has reported Net Income for 18 years, with the latest figure at $120.1 million in Q1 2026.
- For the quarter ending Q1 2026, Net Income rose 1183.73% year-over-year to $120.1 million; the trailing twelve-month figure through Mar 2026 stood at $103.6 million (up 202.01% YoY), and the FY2025 full-year result was -$27.5 million, up 69.73% from the prior year.
- Net Income for Q1 2026 stood at $120.1 million, up from -$16.5 million in the prior quarter.
- The five-year high for Net Income was $259.4 million in Q4 2022, with the low at -$62.6 million in Q4 2024.
- Historically, Net Income has averaged $103.5 million across 5 years, with a median of $120.7 million in 2023.
- Annual changes were most pronounced in 2025 — Net Income plunged 475.59% — and 2026, when it surged 1183.73%.
- Costamare's Net Income stood at $259.4 million in 2022, then plunged by 33.2% to $173.3 million in 2023, then slumped by 136.15% to -$62.6 million in 2024, then soared by 73.71% to -$16.5 million in 2025, then jumped by 829.31% to $120.1 million in 2026.
- The last three Net Income figures came in at $120.1 million (Q1 2026), -$16.5 million (Q2 2025), and -$11.1 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 5.48 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 8.23 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 57.90 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 109.65 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | -50.31 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -86.30 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 120.09 Mn |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 319.70 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | 93.83 Mn |
| 10 | Capital Clean Energy Carriers | 1.33 Bn | 792.93 Mn | 78.44 Mn | 3.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 120.09 Mn |
| Jun 30, 2025 | -16.47 Mn |
| Mar 31, 2025 | -11.08 Mn |
| Dec 31, 2024 | -62.64 Mn |
| Sep 30, 2024 | -32.25 Mn |
| Jun 30, 2024 | 4.38 Mn |
| Mar 31, 2024 | 107.25 Mn |
| Dec 31, 2023 | 173.26 Mn |
| Sep 30, 2023 | 120.71 Mn |
| Jun 30, 2023 | 159.03 Mn |
| Mar 31, 2023 | 198.63 Mn |
| Dec 31, 2022 | 259.38 Mn |
| Sep 30, 2022 | 178.38 Mn |
| Jun 30, 2022 | 181.45 Mn |
| Mar 31, 2022 | 172.46 Mn |
| Dec 31, 2021 | 209.38 Mn |
| Sep 30, 2021 | 149.09 Mn |
| Jun 30, 2021 | 102.67 Mn |
| Mar 31, 2021 | 70.06 Mn |
| Dec 31, 2020 | 57.89 Mn |