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-over-year from -$3.5 million in Q4 2024, and down 0.98% quarter-over-quarter 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.
- In Q4 2025, Operating Expenses rose 29.33% year-over-year to -$4.5 million; the TTM figure through Dec 2025 stood at -$19.1 million (up 26.91% YoY), while the FY2025 annual figure was -$19.1 million, up 26.91% from the prior year.
- Operating Expenses fell to -$4.5 million in Q4 2025 per CTRM's latest filing, from -$4.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$353132.0 in Q2 2023 and bottomed at -$26.8 million in Q3 2021.
- Historically, Operating Expenses has averaged -$9.7 million across 5 years, with a median of -$8.1 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Expenses jumped 98.64% — and 2024, when it slumped 1750.43%.
- Castor Maritime's Operating Expenses stood at -$14.8 million in 2021, then surged by 30.4% to -$10.3 million in 2022, then grew by 2.07% to -$10.1 million in 2023, then jumped by 37.35% to -$6.3 million in 2024, then climbed by 29.33% to -$4.5 million in 2025.
- Business Quant data shows CTRM's Operating Expenses at -$4.5 million in Q4 2025, -$4.4 million in Q3 2025, and -$4.6 million in Q2 2025.
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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 | Castor Maritime | 100.74 Mn | 100.74 Mn | 16.43 Mn | -4.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |