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| 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 |