Icon Energy (ICON) Operating Expenses (2023 - 2026)
Icon Energy (ICON) posted Operating Expenses of -$1.4 million for Q1 2026, down 174.1% on a QoQ basis from $1.9 million in Q4 2025, and down 53.56% year-over-year from -$3.1 million in Q1 2025.
Icon Energy (ICON) Operating Expenses (2023 - 2026) Analysis & Trends
Icon Energy's Operating Expenses history runs 4 years deep, the most recent figure standing at -$1.4 million for Q1 2026.
- Quarterly Operating Expenses fell 53.56% year-over-year to -$1.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.0 million (down 0.5% YoY) and the FY2025 annual result came in at $1.1 million, up 237.96% from the prior year.
- Operating Expenses was -$1.4 million for Q1 2026 at Icon Energy, down from $1.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $1.9 million in Q4 2025 and bottomed at -$1.4 million in Q3 2025.
- A 4-year average of -$436454.5 and a median of -$492000.0 in 2024 frame the typical range for Operating Expenses.
- Peak annual rise in Operating Expenses reached 1614.17% in 2025, while the deepest fall reached 173.09% in 2025.
- Icon Energy's Operating Expenses stood at -$117000.0 in 2023, then declined by 8.55% to -$127000.0 in 2024, then jumped by 1614.17% to $1.9 million in 2025, then slumped by 174.1% to -$1.4 million in 2026.
- Business Quant data shows ICON's Operating Expenses at -$1.4 million in Q1 2026, $1.9 million in Q4 2025, and -$1.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,960,125.28 Bn | 2,960,124.36 Bn | 57.20 Mn | -403.80 Mn |
| 2 | Danaos | 2,540.11 Bn | 2,539.24 Bn | 203.71 Mn | -15.99 Mn |
| 3 | Sfl | 1,567.42 Bn | 1,567.27 Bn | 66.27 Mn | 129.63 Mn |
| 4 | Capital Clean Energy Carriers | 1,428.00 Bn | 1,427.46 Bn | 95.52 Mn | 3.47 Mn |
| 5 | Globus Maritime | 60.18 Bn | 60.15 Bn | 8,083.00 | -3,255.00 |
| 6 | Kirby | 8.05 Bn | 7.97 Bn | 291.34 Mn | 722.10 Mn |
| 7 | Matson | 6.24 Bn | 6.14 Bn | - | 623.90 Mn |
| 8 | Intercont (Cayman) | 3.99 Bn | 3.99 Bn | - | - |
| 9 | Hafnia | 3.72 Bn | 3.61 Bn | 152.41 Mn | -49.23 Mn |
| 10 | Icon Energy | 2.29 Mn | 2.29 Mn | - | -1.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.43 Mn |
| Dec 31, 2025 | 1.92 Mn |
| Sep 30, 2025 | -1.43 Mn |
| Jun 30, 2025 | -1.07 Mn |
| Mar 31, 2025 | -928,000.00 |
| Dec 31, 2024 | -127,000.00 |
| Sep 30, 2024 | -524,000.00 |
| Jun 30, 2024 | -411,000.00 |
| Mar 31, 2024 | -492,000.00 |
| Dec 31, 2023 | -117,000.00 |
| Sep 30, 2023 | -202,000.00 |