Castor Maritime (CTRM) Operating Expenses (2017 - 2025)
Castor Maritime (CTRM) reported 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 9 years of Operating Expenses data on file, last reported at -$4.5 million in Q4 2025.
- Operating Expenses for Q4 2025 came in at -$4.5 million, up 29.33% year-over-year; the trailing twelve-month figure through Dec 2025 was -$19.1 million (up 26.91% YoY), and the FY2025 annual result was -$19.1 million, up 26.91% from the prior year.
- Operating Expenses slipped to -$4.5 million in Q4 2025 per CTRM's latest filing, from -$4.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at -$3.3 million in Q1 2021 and troughed at -$14.8 million in Q4 2021.
- A 5-year average of -$8.2 million and a median of -$8.1 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2021 and 2024: Operating Expenses plunged 643.56% in 2021, then jumped 48.66% in 2024.
- A 5-year view of Operating Expenses shows it stood at -$14.8 million in 2021, then jumped by 30.4% to -$10.3 million in 2022, then climbed by 2.07% to -$10.1 million in 2023, then soared by 37.35% to -$6.3 million in 2024, then advanced 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 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 6.31 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 722.10 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 696.40 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -24.49 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 223.85 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -403.80 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | -42.16 Mn |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | -23.83 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | 8.85 Mn |
| 10 | Castor Maritime | 20.58 Mn | 83.39 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 | -10.41 Mn |
| Dec 31, 2022 | -10.31 Mn |
| Sep 30, 2022 | -10.04 Mn |
| Jun 30, 2022 | -10.79 Mn |
| Mar 31, 2022 | -10.13 Mn |
| Dec 31, 2021 | -14.81 Mn |
| Sep 30, 2021 | -13.12 Mn |
| Jun 30, 2021 | -7.96 Mn |
| Mar 31, 2021 | -3.31 Mn |
| Dec 31, 2020 | -3.08 Mn |