Icon Energy (ICON) Operating Expenses (2023 - 2026)
Icon Energy's (ICON) quarterly Operating Expenses came in at -$822000.0 in Q2 2026, down 1.99% on a YoY basis from -$838648.1 in Q2 2025, and down 15.94% quarter-over-quarter from -$709000.0 in Q1 2026.
Analysis
Icon Energy (ICON) Operating Expenses (2023 - 2026) Analysis & Trends
Icon Energy (ICON) has reported Operating Expenses for 4 consecutive years, with -$822000.0 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 1.99% year-over-year to -$822000.0; the trailing twelve-month figure through Jun 2026 stood at -$3.7 million (down 22.86% YoY), and the FY2025 full-year result was -$4.0 million, down 172.07% from the prior year.
- Operating Expenses declined to -$822000.0 in Q2 2026 per ICON's latest filing, from -$709000.0 in the prior quarter.
- Across five years, Operating Expenses topped out at -$153000.0 in Q4 2023 and bottomed at -$1.1 million in Q4 2025.
- Historically, Operating Expenses has averaged -$614500.0 across 4 years, with a median of -$757500.0 in 2025.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses plunged 510.34% in 2025, then surged 33.24% in 2026.
- Over 4 years, Operating Expenses stood at -$153000.0 in 2023, then slumped by 433.99% to -$817000.0 in 2024, then tumbled by 36.84% to -$1.1 million in 2025, then increased by 26.48% to -$822000.0 in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$822000.0, -$709000.0, and -$1.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 347.18 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 800.04 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 810.50 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 168.38 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -47.20 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | -783.93 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | -10.41 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -419.60 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 202.38 Mn |
| 10 | Icon Energy | 350,042.88 | 350,042.88 | - | -822,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -822,000.00 |
| Mar 31, 2026 | -709,000.00 |
| Dec 31, 2025 | -1.12 Mn |
| Sep 30, 2025 | -1.03 Mn |
| Jun 30, 2025 | -806,000.00 |
| Mar 31, 2025 | -1.06 Mn |
| Dec 31, 2024 | -817,000.00 |
| Sep 30, 2024 | -307,000.00 |
| Jun 30, 2024 | -177,000.00 |
| Mar 31, 2024 | -174,000.00 |
| Dec 31, 2023 | -153,000.00 |
| Sep 30, 2023 | -202,000.00 |