Danaos (DAC) Operating Expenses (2009 - 2026)
Danaos (DAC) reported Operating Expenses of -$14.6 million for Q1 2026, down 19.76% on a YoY basis from -$18.2 million in Q1 2025, and down 114.57% quarter-over-quarter from $100.4 million in Q4 2025.
Danaos (DAC) Operating Expenses (2009 - 2026) Analysis & Trends
Danaos has reported Operating Expenses for 18 years, with the latest figure at -$14.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 19.76% year-over-year to -$14.6 million; the trailing twelve-month figure through Mar 2026 stood at $62.0 million (up 22.95% YoY), and the FY2025 full-year result was $227.8 million, up 148.13% from the prior year.
- Operating Expenses for Q1 2026 stood at -$14.6 million, down from $100.4 million in the prior quarter.
- The five-year high for Operating Expenses was $100.4 million in Q4 2025, with the low at -$14.9 million in Q4 2022.
- Historically, Operating Expenses has averaged $6.3 million across 5 years, with a median of -$7.4 million in 2022.
- Annual changes were most pronounced in 2023 — Operating Expenses surged 533.76% — and 2024, when it tumbled 82.48%.
- Danaos' Operating Expenses stood at -$14.9 million in 2022, then surged by 533.76% to $64.6 million in 2023, then jumped by 34.3% to $86.7 million in 2024, then gained by 15.77% to $100.4 million in 2025, then tumbled by 114.57% to -$14.6 million in 2026.
- The last three Operating Expenses figures came in at -$14.6 million (Q1 2026), $100.4 million (Q4 2025), and -$12.6 million (Q3 2025), per Business Quant data.
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 | Danaos | 995,900.69 | -875.21 Mn | 203.71 Mn | -14.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -14.64 Mn |
| Dec 31, 2025 | 100.43 Mn |
| Sep 30, 2025 | -12.59 Mn |
| Jun 30, 2025 | -11.21 Mn |
| Mar 31, 2025 | -12.22 Mn |
| Dec 31, 2024 | 86.75 Mn |
| Sep 30, 2024 | -10.98 Mn |
| Jun 30, 2024 | -13.12 Mn |
| Mar 31, 2024 | -11.79 Mn |
| Dec 31, 2023 | 64.59 Mn |
| Sep 30, 2023 | -7.07 Mn |
| Jun 30, 2023 | -7.19 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 | -7.34 Mn |
| Jun 30, 2021 | -7.13 Mn |