Costamare CMRE
NYSE CMRE
$14.90 -0.65 (-4.18%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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