Costamare (CMRE) Operating Expenses (2009 - 2026)
Costamare's (CMRE) quarterly Operating Expenses came in at -$41.9 million in Q2 2026, down 2.97% on a YoY basis from -$43.2 million in Q2 2025, and up 0.54% quarter-over-quarter from -$42.2 million in Q1 2026.
Analysis
Costamare (CMRE) Operating Expenses (2009 - 2026) Analysis & Trends
Costamare (CMRE) has reported Operating Expenses for 18 consecutive years, with -$41.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 2.97% year-over-year to -$41.9 million; the trailing twelve-month figure through Jun 2026 stood at -$167.4 million (down 5.82% YoY), and the FY2025 full-year result was -$162.5 million, down 2.89% from the prior year.
- Operating Expenses advanced to -$41.9 million in Q2 2026 per CMRE's latest filing, from -$42.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$38.4 million in Q1 2025 and bottomed at -$70.9 million in Q4 2022.
- Historically, Operating Expenses has averaged -$53.0 million across 5 years, with a median of -$51.0 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses slumped 106.89% in 2022, then jumped 38.76% in 2024.
- Over 5 years, Operating Expenses stood at -$70.9 million in 2022, then climbed by 9.76% to -$64.0 million in 2023, then surged by 38.76% to -$39.2 million in 2024, then declined by 8.17% to -$42.4 million in 2025, then grew by 1.06% to -$41.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$41.9 million, -$42.2 million, and -$42.4 million 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 | 10.35 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 | Costamare | 1.80 Bn | 1.43 Bn | 193.75 Mn | -41.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -41.93 Mn |
| 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 |