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
DateValue
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