Navios Maritime Partners (NMM) Operating Expenses (2009 - 2026)
Navios Maritime Partners (NMM) posted Operating Expenses of -$23.8 million for Q1 2026, down 114.85% sequentially from $160.5 million in Q4 2025, and down 8.47% YoY from -$26.0 million in Q1 2025.
Navios Maritime Partners (NMM) Operating Expenses (2009 - 2026) Analysis & Trends
Navios Maritime Partners has reported Operating Expenses for 18 years, with the latest figure at -$23.8 million in Q1 2026.
- Quarterly Operating Expenses fell 8.47% year-over-year to -$23.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $90.2 million (down 26.95% YoY) and the FY2025 annual result came in at $92.0 million, up 19.26% from the prior year.
- Operating Expenses declined to -$23.8 million in Q1 2026 per NMM's latest filing, from $160.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $43.8 billion in Q4 2022 and troughed at -$15.6 billion in Q3 2022.
- A 5-year average of $855.0 million and a median of -$19.5 million in 2023 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 66009.86% in 2022, down 283494.86% in 2022.
- Over 5 years, Operating Expenses stood at $43.8 billion in 2022, then slumped by 99.68% to $140.1 million in 2023, then grew by 5.34% to $147.6 million in 2024, then rose by 8.73% to $160.5 million in 2025, then slumped by 114.85% to -$23.8 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$23.8 million, $160.5 million, and -$23.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
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 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | 129.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.83 Mn |
| Dec 31, 2025 | 160.49 Mn |
| Sep 30, 2025 | -23.06 Mn |
| Jun 30, 2025 | -23.42 Mn |
| Mar 31, 2025 | -21.97 Mn |
| Dec 31, 2024 | 147.60 Mn |
| Sep 30, 2024 | -21.10 Mn |
| Jun 30, 2024 | 18.92 Mn |
| Mar 31, 2024 | -20.74 Mn |
| Dec 31, 2023 | 140.12 Mn |
| Sep 30, 2023 | -19.52 Mn |
| Jun 30, 2023 | 17.76 Mn |
| Mar 31, 2023 | -19.50 Mn |
| Dec 31, 2022 | 43.75 Bn |
| Sep 30, 2022 | -15.60 Bn |
| Jun 30, 2022 | -14.17 Mn |
| Mar 31, 2022 | -13.92 Bn |
| Dec 31, 2021 | 66.18 Mn |
| Sep 30, 2021 | -12.36 Mn |
| Jun 30, 2021 | -10.32 Mn |