Navios Maritime Partners (NMM) Operating Expenses (2009 - 2026)
Navios Maritime Partners' (NMM) quarterly Operating Expenses came in at -$23.8 million in Q1 2026, down 8.47% year-on-year from -$26.0 million in Q1 2025, and down 114.85% quarter-over-quarter from $160.5 million in Q4 2025.
Navios Maritime Partners (NMM) Operating Expenses (2009 - 2026) Analysis & Trends
Navios Maritime Partners has disclosed Operating Expenses across 18 years of filings, most recently posting -$23.8 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at -$23.8 million, down 8.47% year-over-year; the trailing twelve-month figure through Mar 2026 was $90.2 million (down 74.2% YoY), and the FY2025 annual result was $107.2 million, up 38.95% from the prior year.
- Operating Expenses came in at -$23.8 million for Q1 2026 at Navios Maritime Partners, down from $160.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $187.7 billion in Q4 2022 to a low of -$74.9 billion in Q3 2022.
- The 5-year median for Operating Expenses is -$55.9 million (2022), against an average of $5.9 billion.
- Peak annual rise in Operating Expenses reached 283580.56% in 2022, while the deepest fall reached 168280.45% in 2022.
- Navios Maritime Partners' Operating Expenses stood at $187.7 billion in 2022, then slumped by 99.73% to $502.0 million in 2023, then grew by 5.0% to $527.1 million in 2024, then tumbled by 69.55% to $160.5 million in 2025, then slumped by 114.85% to -$23.8 million in 2026.
- The last three Operating Expenses figures came in at -$23.8 million (Q1 2026), $160.5 million (Q4 2025), and -$23.1 million (Q3 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 | Capital Clean Energy Carriers | 1.33 Bn | 792.93 Mn | 78.44 Mn | 3.47 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 | 527.10 Mn |
| Sep 30, 2024 | -78.78 Mn |
| Jun 30, 2024 | -76.90 Mn |
| Mar 31, 2024 | -76.31 Mn |
| Dec 31, 2023 | 502.02 Mn |
| Sep 30, 2023 | -74.04 Mn |
| Jun 30, 2023 | -74.57 Mn |
| Mar 31, 2023 | -73.72 Mn |
| Dec 31, 2022 | 187.73 Bn |
| Sep 30, 2022 | -74.87 Bn |
| Jun 30, 2022 | -55.85 Mn |
| Mar 31, 2022 | -13.87 Bn |
| Dec 31, 2021 | 66.18 Mn |
| Sep 30, 2021 | -44.46 Mn |
| Jun 30, 2021 | -32.44 Mn |