Euroseas (ESEA) Operating Expenses (2009 - 2026)
Euroseas (ESEA) reported Operating Expenses of $11.2 million for Q1 2026, down 8.45% on a YoY basis from $12.3 million in Q1 2025, and down 3.83% quarter-over-quarter from $11.7 million in Q4 2025.
Euroseas (ESEA) Operating Expenses (2009 - 2026) Analysis & Trends
Euroseas has reported Operating Expenses for 18 years, with the latest figure at $11.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 8.45% year-over-year to $11.2 million; the trailing twelve-month figure through Mar 2026 stood at $45.8 million (down 3.69% YoY), and the FY2025 full-year result was $78.4 million, down 15.62% from the prior year.
- Operating Expenses for Q1 2026 stood at $11.2 million, down from $11.7 million in the prior quarter.
- The five-year high for Operating Expenses was $12.4 million in Q4 2024, with the low at $8.4 million in Q1 2022.
- Historically, Operating Expenses has averaged $10.8 million across 5 years, with a median of $11.1 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 35.95% — and 2026, when it dropped 8.45%.
- Euroseas' Operating Expenses stood at $10.2 million in 2022, then rose by 6.3% to $10.8 million in 2023, then advanced by 14.34% to $12.4 million in 2024, then retreated by 5.77% to $11.7 million in 2025, then dropped by 3.83% to $11.2 million in 2026.
- The last three Operating Expenses figures came in at $11.2 million (Q1 2026), $11.7 million (Q4 2025), and $11.5 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 | Euroseas | 310,228.10 | -160.44 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 |