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| Date | Value |
|---|---|
| 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 |