Costamare (CMRE) Operating Expenses (2009 - 2026)
Costamare's (CMRE) quarterly Operating Expenses came in at -$41.9 million in Q2 2026, down 2.97% YoY from -$43.2 million in Q2 2025, and up 0.54% on a QoQ basis from -$42.2 million in Q1 2026.
Costamare (CMRE) Operating Expenses (2009 - 2026) Analysis & Trends
Costamare (CMRE) has 18 years of Operating Expenses data on file, last reported at -$41.9 million in Q2 2026.
- Quarterly Operating Expenses fell 2.97% year-over-year to -$41.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$167.4 million (down 5.82% YoY) and the FY2025 annual result came in at $162.5 million, up 2.89% from the prior year.
- Operating Expenses improved to -$41.9 million in Q2 2026, from -$42.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$38.4 million in Q1 2025 to a low of -$70.9 million in Q4 2022.
- A 5-year average of -$53.0 million and a median of -$51.0 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses sank 106.89% — and 2024, when it soared 38.76%.
- Tracing CMRE's Operating Expenses over 5 years: 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 advanced by 1.06% to -$41.9 million in 2026.
- The last three Operating Expenses figures came in at -$41.9 million (Q2 2026), -$42.2 million (Q1 2026), and -$42.4 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 800.04 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 810.50 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -49.23 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -403.80 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | -56.64 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 72,107.52 Bn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | -23.83 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -41.93 Mn |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | 129.63 Mn |
Historic Data
Download 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 |