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| Date | Value |
|---|---|
| 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 |