Icon Energy (ICON) Operating Expenses (2023 - 2026)
Icon Energy's (ICON) quarterly Operating Expenses came in at -$709000.0 in Q1 2026, up 33.68% YoY from -$530385.6 in Q1 2025, and down 136.87% on a QoQ basis from $1.9 million in Q4 2025.
Icon Energy (ICON) Operating Expenses (2023 - 2026) Analysis & Trends
Icon Energy (ICON) has 4 years of Operating Expenses data on file, last reported at -$709000.0 in Q1 2026.
- Quarterly Operating Expenses rose 33.68% year-over-year to -$709000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$624000.0 (up 62.86% YoY) and the FY2025 annual result came in at $1.1 million, up 237.96% from the prior year.
- Operating Expenses fell to -$709000.0 in Q1 2026, from $1.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.9 million in Q4 2025 to a low of -$1.1 million in Q1 2025.
- A 4-year average of -$254181.8 and a median of -$202000.0 in 2023 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 1614.17% in 2025, down 517.92% in 2025.
- Tracing ICON's Operating Expenses over 4 years: stood at -$117000.0 in 2023, then slipped by 8.55% to -$127000.0 in 2024, then surged by 1614.17% to $1.9 million in 2025, then sank by 136.87% to -$709000.0 in 2026.
- The last three Operating Expenses figures came in at -$709000.0 (Q1 2026), $1.9 million (Q4 2025), and -$1.0 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 | Icon Energy | 397,776.00 | 397,776.00 | - | -1.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -709,000.00 |
| Dec 31, 2025 | 1.92 Mn |
| Sep 30, 2025 | -1.03 Mn |
| Jun 30, 2025 | -811,000.00 |
| Mar 31, 2025 | -1.07 Mn |
| Dec 31, 2024 | -127,000.00 |
| Sep 30, 2024 | -307,000.00 |
| Jun 30, 2024 | -177,000.00 |
| Mar 31, 2024 | -173,000.00 |
| Dec 31, 2023 | -117,000.00 |
| Sep 30, 2023 | -202,000.00 |