Euroseas (ESEA) Operating Expenses (2009 - 2026)
Euroseas' (ESEA) quarterly Operating Expenses came in at $23.1 million in Q2 2026, down 3.32% on a YoY basis from $23.9 million in Q2 2025, and up 6.58% quarter-over-quarter from $21.6 million in Q1 2026.
Analysis
Euroseas (ESEA) Operating Expenses (2009 - 2026) Analysis & Trends
Euroseas (ESEA) has reported Operating Expenses for 18 consecutive years, with $23.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 3.32% year-over-year to $23.1 million; the trailing twelve-month figure through Jun 2026 stood at $83.4 million (down 7.25% YoY), and the FY2025 full-year result was $78.4 million, down 15.62% from the prior year.
- Operating Expenses grew to $23.1 million in Q2 2026 per ESEA's latest filing, from $21.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $26.7 million in Q4 2024 and bottomed at $12.2 million in Q1 2023.
- Historically, Operating Expenses has averaged $20.1 million across 5 years, with a median of $21.3 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 114.98% in 2024, then slumped 46.56% in 2025.
- Over 5 years, Operating Expenses stood at $21.4 million in 2022, then fell by 0.29% to $21.4 million in 2023, then climbed by 24.87% to $26.7 million in 2024, then tumbled by 46.56% to $14.3 million in 2025, then soared by 61.79% to $23.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $23.1 million, $21.6 million, and $14.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 347.18 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 800.04 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 810.50 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 168.38 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -47.20 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | -783.93 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | -10.41 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -419.60 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 202.38 Mn |
| 10 | Euroseas | 520.29 Mn | 344.00 Mn | 101.94 Mn | 23.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.06 Mn |
| Mar 31, 2026 | 21.64 Mn |
| Dec 31, 2025 | 14.26 Mn |
| Sep 30, 2025 | 24.40 Mn |
| Jun 30, 2025 | 23.86 Mn |
| Mar 31, 2025 | 15.86 Mn |
| Dec 31, 2024 | 26.68 Mn |
| Sep 30, 2024 | 23.49 Mn |
| Jun 30, 2024 | 16.39 Mn |
| Mar 31, 2024 | 26.33 Mn |
| Dec 31, 2023 | 21.36 Mn |
| Sep 30, 2023 | 17.43 Mn |
| Jun 30, 2023 | 18.88 Mn |
| Mar 31, 2023 | 12.25 Mn |
| Dec 31, 2022 | 21.43 Mn |
| Sep 30, 2022 | 21.26 Mn |
| Jun 30, 2022 | 16.60 Mn |
| Mar 31, 2022 | 16.77 Mn |
| Dec 31, 2021 | 14.29 Mn |
| Sep 30, 2021 | 14.00 Mn |