Icon Energy (ICON) Operating Expenses (2023 - 2025)

Icon Energy (ICON) reported Operating Expenses of $1.9 million for Q4 2025, up 321.71% on a YoY basis from $456000.0 in Q4 2024, and up 1356.86% quarter-over-quarter from -$153000.0 in Q3 2025.

Icon Energy (ICON) Operating Expenses (2023 - 2025) Analysis & Trends

Icon Energy has reported Operating Expenses for 3 years, with the latest figure at $1.9 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 321.71% year-over-year to $1.9 million; the trailing twelve-month figure through Dec 2025 stood at $1.1 million (up 213.91% YoY), and the FY2025 full-year result was $4.0 million, up 172.07% from the prior year.
  • Operating Expenses for Q4 2025 stood at $1.9 million, up from -$153000.0 in the prior quarter.
  • The five-year high for Operating Expenses was $1.9 million in Q4 2025, with the low at -$490000.0 in Q1 2025.
  • Historically, Operating Expenses has averaged $145200.0 across 3 years, with a median of -$19000.0 in 2023.
  • Annual changes were most pronounced in 2024 — Operating Expenses surged 729.09% — and 2025, when it sank 9700.0%.
  • Icon Energy's Operating Expenses stood at $55000.0 in 2023, then surged by 729.09% to $456000.0 in 2024, then surged by 321.71% to $1.9 million in 2025.
  • The last three Operating Expenses figures came in at $1.9 million (Q4 2025), -$153000.0 (Q3 2025), and -$197000.0 (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 Icon Energy 449,486.88 -3.63 Mn - 1.92 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.92 Mn
Sep 30, 2025 -153,000.00
Jun 30, 2025 -197,000.00
Mar 31, 2025 -490,000.00
Dec 31, 2024 456,000.00
Sep 30, 2024 -99,000.00
Jun 30, 2024 -7,000.00
Mar 31, 2024 -5,000.00
Dec 31, 2023 55,000.00
Sep 30, 2023 -31,000.00