Euroseas (ESEA) Operating Expenses (2009 - 2026)
Euroseas' (ESEA) quarterly Operating Expenses came in at $11.2 million in Q1 2026, down 8.45% YoY 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 18 years of Operating Expenses data on file, last reported at $11.2 million 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 retreated to $11.2 million in Q1 2026, from $11.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $12.4 million in Q4 2024 to a low of $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 surged 35.95% — and 2026, when it dropped 8.45%.
- Tracing ESEA's Operating Expenses over 5 years: 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 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 800.04 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 810.50 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -49.23 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -403.80 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | -56.64 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 72,107.52 Bn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | -23.83 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -41.93 Mn |
| 10 | Euroseas | 537.23 Mn | 537.23 Mn | 54.14 Mn | 21.64 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 |