Costamare (CMRE) Operating Expenses (2009 - 2026)

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

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

Costamare's Operating Expenses history runs 18 years deep, the most recent figure standing at -$42.2 million for Q1 2026.

  • Quarterly Operating Expenses fell 9.64% year-over-year to -$42.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$166.2 million (down 5.16% YoY) and the FY2025 annual result came in at $162.5 million, up 2.89% from the prior year.
  • Operating Expenses was -$42.2 million for Q1 2026 at Costamare, up from -$42.4 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.
  • A 5-year average of -$53.6 million and a median of -$59.7 million in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses plunged 106.89% — and 2024, when it soared 38.76%.
  • Costamare's 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 rose by 0.52% to -$42.2 million in 2026.
  • Business Quant data shows CMRE's Operating Expenses at -$42.2 million in Q1 2026, -$42.4 million in Q4 2025, and -$40.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 ZIM Integrated Shipping Services 3,084,216.90 Bn 3,084,215.99 Bn 57.20 Mn -403.80 Mn
2 Danaos 37,407.52 Bn 37,406.64 Bn 203.71 Mn -15.99 Mn
3 Sfl 1,574.06 Bn 1,573.91 Bn 66.27 Mn 129.63 Mn
4 Capital Clean Energy Carriers 37.96 Bn 37.42 Bn 95.52 Mn 3.47 Mn
5 Kirby 9.76 Bn 9.69 Bn 291.34 Mn 722.10 Mn
6 Matson 6.49 Bn 6.39 Bn - 623.90 Mn
7 C3is 5.03 Bn 5.03 Bn 10.51 Mn 6.31 Mn
8 Hafnia 3.79 Bn 3.79 Bn 152.41 Mn -49.23 Mn
9 Intercont (Cayman) 3.29 Bn 3.29 Bn - -
10 Costamare 1.89 Bn 1.35 Bn 195.64 Mn -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