United Maritime (USEA) Operating Expenses (2022 - 2026)
United Maritime (USEA) posted quarterly Operating Expenses of -$1.0 million for Q1 2026, down 61.56% year-over-year from -$2.7 million in Q1 2025, and up 38.38% quarter-over-quarter from -$1.7 million in Q4 2025.
United Maritime (USEA) Operating Expenses (2022 - 2026) Analysis & Trends
United Maritime (USEA) has reported Operating Expenses for 5 consecutive years, with -$1.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 61.56% year-over-year to -$1.0 million; the TTM figure through Mar 2026 stood at -$4.7 million (down 21.38% YoY), while the FY2025 annual figure was $4.3 million, up 7.38% from the prior year.
- Operating Expenses rose to -$1.0 million in Q1 2026 per USEA's latest filing, from -$1.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$442000.0 in Q3 2022 and bottomed at -$5.1 million in Q4 2022.
- Historically, Operating Expenses has averaged -$1.4 million across 5 years, with a median of -$1.0 million in 2026.
- On a YoY basis, Operating Expenses climbed as much as 85.56% in 2023 and fell as far as 343.21% in 2023.
- United Maritime's Operating Expenses stood at -$5.1 million in 2022, then jumped by 85.56% to -$734000.0 in 2023, then declined by 1.5% to -$745000.0 in 2024, then sank by 125.23% to -$1.7 million in 2025, then soared by 38.38% to -$1.0 million in 2026.
- Business Quant data shows USEA's Operating Expenses at -$1.0 million in Q1 2026, -$1.7 million in Q4 2025, and -$1.2 million in Q3 2025.
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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 | United Maritime | 24.57 Mn | 24.57 Mn | 6.51 Mn | 3.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.66 Mn |
| Mar 31, 2026 | -1.03 Mn |
| Dec 31, 2025 | -1.68 Mn |
| Sep 30, 2025 | -1.20 Mn |
| Jun 30, 2025 | -792,000.00 |
| Mar 31, 2025 | -640,000.00 |
| Dec 31, 2024 | -745,000.00 |
| Sep 30, 2024 | -1.76 Mn |
| Jun 30, 2024 | -727,000.00 |
| Mar 31, 2024 | -778,000.00 |
| Dec 31, 2023 | -734,000.00 |
| Sep 30, 2023 | -1.96 Mn |
| Jun 30, 2023 | -1.51 Mn |
| Mar 31, 2023 | -1.82 Mn |
| Dec 31, 2022 | -5.08 Mn |
| Sep 30, 2022 | -442,000.00 |