Euroseas (ESEA) Operating Expenses (2009 - 2026)
Euroseas (ESEA) posted quarterly Operating Expenses of $11.2 million for Q1 2026, down 8.45% year-on-year from $12.3 million in Q1 2025, and down 3.83% on a QoQ basis from $11.7 million in Q4 2025.
Euroseas (ESEA) Operating Expenses (2009 - 2026) Analysis & Trends
Euroseas (ESEA) has reported Operating Expenses for 18 consecutive years, with $11.2 million the latest figure, recorded in Q1 2026.
- Quarterly Operating Expenses fell 8.45% year-over-year to $11.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $45.8 million (down 3.69% YoY) and the FY2025 annual result came in at $78.4 million, down 15.62% from the prior year.
- Operating Expenses declined to $11.2 million in Q1 2026 per ESEA's latest filing, from $11.7 million in the prior quarter.
- Over the last five years, Operating Expenses for ESEA reached as high as $12.4 million in Q4 2024 and fell as low as $8.4 million in Q1 2022.
- A 5-year average of $10.8 million and a median of $11.1 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 35.95% — and 2026, when it declined 8.45%.
- Year by year, Operating Expenses stood at $10.2 million in 2022, then climbed by 6.3% to $10.8 million in 2023, then increased by 14.34% to $12.4 million in 2024, then dropped by 5.77% to $11.7 million in 2025, then retreated by 3.83% to $11.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $11.2 million, $11.7 million, and $11.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 3,084,216.90 Bn | 3,084,215.99 Bn | 57.20 Mn | -403.80 Mn |
| 2 | Danaos | 37,407.52 Bn | 37,406.64 Bn | 203.71 Mn | -15.99 Mn |
| 3 | Sfl | 1,574.06 Bn | 1,573.91 Bn | 66.27 Mn | 129.63 Mn |
| 4 | Capital Clean Energy Carriers | 37.96 Bn | 37.42 Bn | 95.52 Mn | 3.47 Mn |
| 5 | Kirby | 9.76 Bn | 9.69 Bn | 291.34 Mn | 722.10 Mn |
| 6 | Matson | 6.49 Bn | 6.39 Bn | - | 623.90 Mn |
| 7 | C3is | 5.03 Bn | 5.03 Bn | 10.51 Mn | 6.31 Mn |
| 8 | Hafnia | 3.79 Bn | 3.79 Bn | 152.41 Mn | -49.23 Mn |
| 9 | Intercont (Cayman) | 3.29 Bn | 3.29 Bn | - | - |
| 10 | Euroseas | 112.48 Mn | 112.48 Mn | 55.67 Mn | 11.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.22 Mn |
| Dec 31, 2025 | 11.66 Mn |
| Sep 30, 2025 | 11.45 Mn |
| Jun 30, 2025 | 11.48 Mn |
| Mar 31, 2025 | 12.25 Mn |
| Dec 31, 2024 | 12.38 Mn |
| Sep 30, 2024 | 11.80 Mn |
| Jun 30, 2024 | 11.14 Mn |
| Mar 31, 2024 | 11.37 Mn |
| Dec 31, 2023 | 10.83 Mn |
| Sep 30, 2023 | 11.04 Mn |
| Jun 30, 2023 | 10.30 Mn |
| Mar 31, 2023 | 9.84 Mn |
| Dec 31, 2022 | 10.18 Mn |
| Sep 30, 2022 | 9.65 Mn |
| Jun 30, 2022 | 9.43 Mn |
| Mar 31, 2022 | 8.40 Mn |
| Dec 31, 2021 | 8.31 Mn |
| Sep 30, 2021 | 7.63 Mn |
| Jun 30, 2021 | 6.94 Mn |