Castor Maritime annual operating expenses
2018
2019
2020
2021
2022
2023
2024
2025
Castor Maritime Operating Expenses Growth & History (CTRM)
Castor Maritime's operating expenses was $19.1M for fiscal 2025.
View full Castor Maritime company overviewCastor Maritime annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $19.1M | −$7.0M | −26.91% |
| 2024 | 2024-12-31 | $26.2M | −$15.7M | −37.52% |
| 2023 | 2023-12-31 | $41.9M | $654,074 | +1.59% |
| 2022 | 2022-12-31 | $41.3M | $14.4M | +53.71% |
| 2021 | 2021-12-31 | $26.8M | $19.4M | +260.41% |
| 2020 | 2020-12-31 | $7.4M | $2.8M | +58.98% |
| 2019 | 2019-12-31 | $4.7M | — | — |
| 2018 | 2018-09-30 | $3.0M | — | — |
Castor Maritime quarterly operating expenses
Q1.18
Q2.18
Q4.18
Q1.19
Q4.24
Q1.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | $4.7M | −$746,358 | −13.78% |
| Q4 2025 | 2025-12-31 | $4.5M | $1.8M | +66.24% |
| Q3 2025 | 2025-09-30 | $5.5M | — | — |
| Q1 2025 | 2025-03-31 | $5.4M | — | — |
| Q4 2024 | 2024-12-31 | $2.7M | — | — |
| Q1 2019 | 2019-03-31 | $469,517 | $115,579 | +32.66% |
| Q4 2018 | 2018-12-31 | $842,988 | −$70,879 | −7.76% |
| Q2 2018 | 2018-03-31 | $353,938 | — | — |
| Q1 2018 | 2017-12-31 | $913,867 | — | — |
Castor Maritime operating expenses trends
Over the last five fiscal years, Castor Maritime's operating expenses increased from $7.4M to $19.1M, a change of $11.7M. The latest reported quarter, Q1 2026, shows $4.7M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Castor Maritime source filings ↗