Danaos (DAC) Operating Expenses (2009 - 2026)
Danaos' (DAC) quarterly Operating Expenses came in at -$16.0 million in Q1 2026, up 69.4% YoY from -$9.4 million in Q1 2025, and up 77.11% on a QoQ basis from -$69.9 million in Q4 2025.
Danaos (DAC) Operating Expenses (2009 - 2026) Analysis & Trends
Danaos (DAC) has 18 years of Operating Expenses data on file, last reported at -$16.0 million in Q1 2026.
- Quarterly Operating Expenses rose 69.4% year-over-year to -$16.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$191.5 million (up 9.11% YoY) and the FY2025 annual result came in at -$543.7 million, down 14.89% from the prior year.
- Operating Expenses rose to -$16.0 million in Q1 2026, from -$69.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$6.8 million in Q1 2023 to a low of -$69.9 million in Q4 2025.
- A 5-year average of -$34.8 million and a median of -$39.4 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 81.34% — and 2023, when it sank 450.44%.
- Tracing DAC's Operating Expenses over 5 years: stood at -$14.9 million in 2022, then tumbled by 275.39% to -$55.9 million in 2023, then declined by 11.06% to -$62.1 million in 2024, then dropped by 12.52% to -$69.9 million in 2025, then jumped by 77.11% to -$16.0 million in 2026.
- The last three Operating Expenses figures came in at -$16.0 million (Q1 2026), -$69.9 million (Q4 2025), and -$53.8 million (Q3 2025), per Business Quant data.
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 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | 129.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -56.64 Mn |
| Mar 31, 2026 | -15.99 Mn |
| Dec 31, 2025 | -69.86 Mn |
| Sep 30, 2025 | -53.77 Mn |
| Jun 30, 2025 | -51.90 Mn |
| Mar 31, 2025 | -52.25 Mn |
| Dec 31, 2024 | -62.08 Mn |
| Sep 30, 2024 | -49.70 Mn |
| Jun 30, 2024 | -46.68 Mn |
| Mar 31, 2024 | -11.79 Mn |
| Dec 31, 2023 | -55.90 Mn |
| Sep 30, 2023 | -39.40 Mn |
| Jun 30, 2023 | -39.10 Mn |
| Mar 31, 2023 | -6.85 Mn |
| Dec 31, 2022 | -14.89 Mn |
| Sep 30, 2022 | -7.16 Mn |
| Jun 30, 2022 | -7.14 Mn |
| Mar 31, 2022 | -7.39 Mn |
| Dec 31, 2021 | -18.58 Mn |
| Sep 30, 2021 | -38.35 Mn |