Danaos (DAC) Operating Expenses (2009 - 2026)
Danaos' (DAC) quarterly Operating Expenses came in at -$56.6 million in Q2 2026, down 9.13% on a YoY basis from -$62.3 million in Q2 2025, and down 2.06% quarter-over-quarter from -$55.5 million in Q1 2026.
Analysis
Danaos (DAC) Operating Expenses (2009 - 2026) Analysis & Trends
Danaos (DAC) has reported Operating Expenses for 18 consecutive years, with -$56.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 9.13% year-over-year to -$56.6 million; the trailing twelve-month figure through Jun 2026 stood at -$235.8 million (down 9.18% YoY), and the FY2025 full-year result was -$543.7 million, down 14.89% from the prior year.
- Operating Expenses retreated to -$56.6 million in Q2 2026 per DAC's latest filing, from -$55.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$38.4 million in Q1 2023 and bottomed at -$69.9 million in Q4 2025.
- Historically, Operating Expenses has averaged -$49.2 million across 5 years, with a median of -$48.8 million in 2022.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses grew 8.9% in 2022, then retreated 26.17% in 2024.
- Over 5 years, Operating Expenses stood at -$47.9 million in 2022, then decreased by 16.68% to -$55.9 million in 2023, then retreated by 11.06% to -$62.1 million in 2024, then fell by 12.52% to -$69.9 million in 2025, then rose by 18.92% to -$56.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$56.6 million, -$55.5 million, and -$69.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 347.18 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 800.04 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 810.50 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 168.38 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -47.20 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | -783.93 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | -10.41 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -419.60 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 202.38 Mn |
| 10 | Danaos | 2.80 Bn | 1.57 Bn | 217.68 Mn | -56.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -56.64 Mn |
| Mar 31, 2026 | -55.50 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 | -44.11 Mn |
| Dec 31, 2023 | -55.90 Mn |
| Sep 30, 2023 | -39.40 Mn |
| Jun 30, 2023 | -39.10 Mn |
| Mar 31, 2023 | -38.37 Mn |
| Dec 31, 2022 | -47.91 Mn |
| Sep 30, 2022 | -41.30 Mn |
| Jun 30, 2022 | -40.89 Mn |
| Mar 31, 2022 | -40.75 Mn |
| Dec 31, 2021 | -52.59 Mn |
| Sep 30, 2021 | -38.35 Mn |