United Maritime USEA
NASDAQ USEA
$2.95 -0.09 (-2.96%)
As of: Sep 8, 2026 · 3:59 PM EDT

United Maritime (USEA) Operating Expenses (2022 - 2026)

United Maritime's (USEA) quarterly Operating Expenses came in at -$3.3 million in Q2 2026, down 77.35% year-over-year from -$14.6 million in Q2 2025, and down 13.65% quarter-over-quarter from -$2.9 million in Q1 2026.

Analysis

United Maritime (USEA) Operating Expenses (2022 - 2026) Analysis & Trends

United Maritime (USEA) has reported Operating Expenses for 5 consecutive years, with -$3.3 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 77.35% year-over-year to -$3.3 million in Q2 2026; TTM through Jun 2026 was -$12.9 million, a 17.06% increase from a year earlier, with the FY2025 full-year figure at -$12.1 million, up 11.63% from the prior year.
  • Operating Expenses was -$3.3 million for Q2 2026 at United Maritime, down from -$2.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$1.4 million in Q3 2022 and troughed at -$7.4 million in Q4 2022.
  • A 5-year average of -$3.7 million and a median of -$3.6 million in 2024 frame the typical range for Operating Expenses.
  • The widest YoY moves for Operating Expenses: up 47.66% in 2023, down 231.41% in 2023.
  • Over 5 years, Operating Expenses stood at -$7.4 million in 2022, then jumped by 47.66% to -$3.9 million in 2023, then dropped by 14.74% to -$4.5 million in 2024, then gained by 17.56% to -$3.7 million in 2025, then rose by 10.33% to -$3.3 million in 2026.
  • The last three Operating Expenses figures came in at -$3.3 million (Q2 2026), -$2.9 million (Q1 2026), and -$3.7 million (Q4 2025), per Business Quant data.
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 United Maritime 26.24 Mn 26.24 Mn 6.51 Mn -3.30 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -3.30 Mn
Mar 31, 2026 -2.90 Mn
Dec 31, 2025 -3.68 Mn
Sep 30, 2025 -3.01 Mn
Jun 30, 2025 -1.86 Mn
Mar 31, 2025 -3.96 Mn
Dec 31, 2024 -4.46 Mn
Sep 30, 2024 -5.26 Mn
Jun 30, 2024 -2.62 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 -7.43 Mn
Sep 30, 2022 -1.39 Mn