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
DateValue
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