United Maritime (USEA) Operating Expenses (2022 - 2026)
United Maritime (USEA) reported Operating Expenses of -$2.9 million for Q1 2026, up 26.65% year-over-year from -$2.3 million in Q1 2025, and up 21.1% quarter-over-quarter from -$3.7 million in Q4 2025.
United Maritime (USEA) Operating Expenses (2022 - 2026) Analysis & Trends
United Maritime (USEA) has 5 years of Operating Expenses data on file, last reported at -$2.9 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at -$2.9 million, up 26.65% year-over-year; the trailing twelve-month figure through Mar 2026 was -$13.5 million (up 24.18% YoY), and the FY2025 annual result was $12.1 million, down 11.63% from the prior year.
- Operating Expenses grew to -$2.9 million in Q1 2026 per USEA's latest filing, from -$3.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at -$1.4 million in Q3 2022 and troughed at -$7.0 million in Q4 2022.
- A 5-year average of -$3.9 million and a median of -$3.9 million in 2023 frame the typical range for Operating Expenses.
- On a YoY basis, Operating Expenses climbed as much as 44.35% in 2023 and fell as far as 231.41% in 2023.
- A 5-year view of Operating Expenses shows it stood at -$7.0 million in 2022, then jumped by 44.35% to -$3.9 million in 2023, then declined by 14.74% to -$4.5 million in 2024, then advanced by 17.56% to -$3.7 million in 2025, then rose by 21.1% to -$2.9 million in 2026.
- Business Quant data shows USEA's Operating Expenses at -$2.9 million in Q1 2026, -$3.7 million in Q4 2025, and -$3.0 million in Q3 2025.
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 | United Maritime | 24.70 | 24.70 | 4.84 Mn | -2.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.90 Mn |
| Dec 31, 2025 | -3.68 Mn |
| Sep 30, 2025 | -3.01 Mn |
| Jun 30, 2025 | -3.92 Mn |
| Mar 31, 2025 | -3.96 Mn |
| Dec 31, 2024 | -4.46 Mn |
| Sep 30, 2024 | -5.26 Mn |
| Jun 30, 2024 | -4.14 Mn |
| Mar 31, 2024 | -3.59 Mn |
| Dec 31, 2023 | -3.89 Mn |
| Sep 30, 2023 | -4.60 Mn |
| Jun 30, 2023 | -3.85 Mn |
| Mar 31, 2023 | -3.05 Mn |
| Dec 31, 2022 | -6.99 Mn |
| Sep 30, 2022 | -1.39 Mn |