Heidmar Maritime Holdings (HMR) Operating Expenses (2024 - 2026)

Heidmar Maritime Holdings (HMR) reported Operating Expenses of $15.6 million for Q1 2026, up 101.73% on a YoY basis from $7.7 million in Q1 2025, and down 46.42% quarter-over-quarter from $29.1 million in Q4 2025.

Heidmar Maritime Holdings (HMR) Operating Expenses (2024 - 2026) Analysis & Trends

Heidmar Maritime Holdings has reported Operating Expenses for 3 years, with the latest figure at $15.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 101.73% year-over-year to $15.6 million; the trailing twelve-month figure through Mar 2026 stood at $62.8 million (up 126.36% YoY), and the FY2025 full-year result was $60.7 million, up 144.29% from the prior year.
  • Operating Expenses for Q1 2026 stood at $15.6 million, down from $29.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $29.1 million in Q4 2025, with the low at $6.3 million in Q1 2024.
  • Historically, Operating Expenses has averaged $11.8 million across 3 years, with a median of $7.7 million in 2025.
  • The largest YoY upside for Operating Expenses was 355.66% in 2025 against a maximum downside of 23.45% in 2025.
  • Heidmar Maritime Holdings' Operating Expenses stood at $6.4 million in 2024, then jumped by 355.66% to $29.1 million in 2025, then slumped by 46.42% to $15.6 million in 2026.
  • The last three Operating Expenses figures came in at $15.6 million (Q1 2026), $29.1 million (Q4 2025), and $10.5 million (Q2 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 Heidmar Maritime Holdings 92.05 Mn 64.50 Mn - 15.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 15.57 Mn
Dec 31, 2025 29.05 Mn
Jun 30, 2025 10.50 Mn
Mar 31, 2025 7.72 Mn
Dec 31, 2024 6.38 Mn
Jun 30, 2024 7.42 Mn
Mar 31, 2024 6.25 Mn