Navios Maritime Partners (NMM) Operating Expenses (2009 - 2026)
Navios Maritime Partners' (NMM) quarterly Operating Expenses came in at -$24.4 million in Q2 2026, down 4.18% year-over-year from -$25.5 million in Q2 2025, and down 2.38% quarter-over-quarter from -$23.8 million in Q1 2026.
Analysis
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 -$24.4 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 4.18% year-over-year to -$24.4 million; the TTM figure through Jun 2026 stood at -$94.9 million (up 53.91% YoY), while the FY2025 annual figure was $133.9 million, up 73.55% from the prior year.
- Operating Expenses came in at -$24.4 million for Q2 2026 at Navios Maritime Partners, down from -$23.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $18.9 million in Q2 2024 to a low of -$81.6 million in Q4 2024.
- Average Operating Expenses over 5 years is -$46.3 million, with a median of -$56.3 million recorded in 2022.
- Year-over-year, Operating Expenses soared 131.8% in 2023 and plunged 223.82% in 2025.
- Over 5 years, Operating Expenses stood at -$81.5 million in 2022, then rose by 6.68% to -$76.1 million in 2023, then declined by 7.36% to -$81.6 million in 2024, then jumped by 71.12% to -$23.6 million in 2025, then fell by 3.48% to -$24.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were -$24.4 million in Q2 2026, -$23.8 million in Q1 2026, and -$23.6 million in Q4 2025.
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 | Navios Maritime Partners | 2.64 Bn | 2.28 Bn | 364.53 Mn | -24.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -24.40 Mn |
| Mar 31, 2026 | -23.83 Mn |
| Dec 31, 2025 | -23.58 Mn |
| Sep 30, 2025 | -23.06 Mn |
| Jun 30, 2025 | -23.42 Mn |
| Mar 31, 2025 | -21.97 Mn |
| Dec 31, 2024 | -81.65 Mn |
| Sep 30, 2024 | -78.78 Mn |
| Jun 30, 2024 | 18.92 Mn |
| Mar 31, 2024 | -76.31 Mn |
| Dec 31, 2023 | -76.06 Mn |
| Sep 30, 2023 | -74.04 Mn |
| Jun 30, 2023 | 17.76 Mn |
| Mar 31, 2023 | -73.72 Mn |
| Dec 31, 2022 | -81.50 Mn |
| Sep 30, 2022 | -74.87 Mn |
| Jun 30, 2022 | -55.85 Mn |
| Mar 31, 2022 | -56.78 Mn |
| Dec 31, 2021 | -69.82 Mn |
| Sep 30, 2021 | -44.46 Mn |