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
DateValue
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