Costamare posts Q4 voyage expenses up 132.8% to USD 14.2 million

Reuters
02/18
<a href="https://laohu8.com/S/CMRE">Costamare</a> posts Q4 voyage expenses up 132.8% to USD 14.2 million

Costamare reported Q4 2025 net income from continuing operations available to common stockholders of USD 72.61 million (USD 0.60 per share) and adjusted net income from continuing operations available to common stockholders of USD 71.79 million (USD 0.60 per share). Q4 voyage revenue was USD 202.70 million (-6.9%). Q4 liquidity was USD 589.60 million, including USD 19.30 million in short-term investments in U.S. Treasury Bills. For FY 2025, net income from continuing operations available to common stockholders was USD 370.99 million (USD 3.09 per share) and adjusted net income from continuing operations available to common stockholders was USD 375.62 million (USD 3.12 per share). FY voyage revenue was USD 846.67 million (-2.1%), while income from investments in leaseback vessels was USD 31.23 million. The company highlighted that its dry bulk business was spun off on May 6, 2025 and is presented as discontinued operations. Costamare said it forward-chartered 12 containerships with incremental contracted revenues of about USD 940 million, taking fleet employment to 96% for 2026 and 92% for 2027, and bringing total contracted revenues for the containership fleet to about USD 3.40 billion (as of Feb. 17, 2026). It also noted new bilateral debt financings and said it has no significant debt maturities until 2027. In its Neptune Maritime Leasing platform, Costamare increased its investment commitment to USD 247.80 million, with USD 182.20 million invested to date, and said the platform had 54 shipping assets funded or committed with total investments and commitments of more than USD 665.00 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Costamare Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9656660-en) on February 18, 2026, and is solely responsible for the information contained therein.

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