Castor Maritime (CTRM) Operating Expenses (2017 - 2025)

Castor Maritime (CTRM) posted quarterly Operating Expenses of -$4.5 million for Q4 2025, up 29.33% year-on-year from -$3.5 million in Q4 2024, and down 0.98% on a QoQ basis from -$4.4 million in Q3 2025.

Castor Maritime (CTRM) Operating Expenses (2017 - 2025) Analysis & Trends

Castor Maritime (CTRM) has reported Operating Expenses for 9 consecutive years, with -$4.5 million the latest figure, recorded in Q4 2025.

  • Quarterly Operating Expenses rose 29.33% year-over-year to -$4.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$19.1 million (up 26.91% YoY) and the FY2025 annual result came in at -$19.1 million, up 26.91% from the prior year.
  • Operating Expenses eased to -$4.5 million in Q4 2025 per CTRM's latest filing, from -$4.4 million in the prior quarter.
  • Over the last five years, Operating Expenses for CTRM reached as high as -$353132.0 in Q2 2023 and fell as low as -$26.8 million in Q3 2021.
  • A 5-year average of -$9.7 million and a median of -$8.1 million in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses soared 98.64% — and 2024, when it slumped 1750.43%.
  • Year by year, Operating Expenses stood at -$14.8 million in 2021, then surged by 30.4% to -$10.3 million in 2022, then gained by 2.07% to -$10.1 million in 2023, then jumped by 37.35% to -$6.3 million in 2024, then rose by 29.33% to -$4.5 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$4.5 million, -$4.4 million, and -$4.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 ZIM Integrated Shipping Services 2,964,341.97 Bn 2,964,341.05 Bn 57.20 Mn -403.80 Mn
2 Danaos 2,542.12 Bn 2,541.24 Bn 203.71 Mn -15.99 Mn
3 Sfl 1,584.69 Bn 1,584.53 Bn 66.27 Mn 129.63 Mn
4 Capital Clean Energy Carriers 1,419.00 Bn 1,418.46 Bn 95.52 Mn 3.47 Mn
5 Globus Maritime 59.97 Bn 59.95 Bn 8,083.00 -3,255.00
6 Kirby 8.07 Bn 7.99 Bn 291.34 Mn 722.10 Mn
7 Matson 6.26 Bn 6.16 Bn - 623.90 Mn
8 Hafnia 3.73 Bn 3.62 Bn 152.41 Mn -49.23 Mn
9 Intercont (Cayman) 3.56 Bn 3.56 Bn - -
10 Castor Maritime 83.35 Mn 83.35 Mn - -4.47 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -4.47 Mn
Sep 30, 2025 -4.43 Mn
Jun 30, 2025 -4.58 Mn
Mar 31, 2025 -5.67 Mn
Dec 31, 2024 -6.32 Mn
Sep 30, 2024 -5.21 Mn
Jun 30, 2024 -6.53 Mn
Mar 31, 2024 -8.12 Mn
Dec 31, 2023 -10.10 Mn
Sep 30, 2023 -10.14 Mn
Jun 30, 2023 -353,132.00
Dec 31, 2022 -10.31 Mn
Sep 30, 2022 -10.04 Mn
Jun 30, 2022 -25.91 Mn
Mar 31, 2022 -10.13 Mn
Dec 31, 2021 -14.81 Mn
Sep 30, 2021 -26.83 Mn
Jun 30, 2021 -16.93 Mn
Mar 31, 2021 -3.31 Mn
Dec 31, 2020 -3.08 Mn