Current Status Overview
Costamare Inc. reported financial results for the fourth quarter and year ended December 31, 2025. For Q4 2025, voyage revenue totaled $202.7 million, compared with $217.7 million in Q4 2024, representing a 6.9% year-on-year decrease. Net income from continuing operations reached $79.2 million, down from $94.6 million in the prior-year quarter. Liquidity as of December 31, 2025 stood at $589.6 million, including short-term investments.
Share Price Performance
Costamare Inc. common stock trades on the New York Stock Exchange under the symbol CMRE. The company did not disclose share price performance metrics within the earnings release.
Revenue Performance
Total revenues for Q4 2025 amounted to $212.0 million, compared with $224.0 million in Q4 2024, reflecting a 5.4% year-on-year decrease. Voyage revenue declined primarily due to lower charter rates, increased off-hire days related to scheduled dry dockings, and lower accounting revenue from vessels classified as sale-type leases. Income from investments in leaseback vessels increased to $9.3 million from $6.3 million in Q4 2024. For the full year 2025, voyage revenue was $846.7 million compared with $864.5 million in 2024, a 2.1% decrease year-on-year.
Market Analysis
The containership charter market remained firm during the quarter, with fleet employment at 96% for 2026 and 92% for 2027 on a TEU-weighted basis. The company secured 12 new forward fixtures with incremental contracted revenues of approximately $940 million. Total contracted revenues for the containership fleet reached approximately $3.4 billion with a remaining weighted duration of 4.5 years.
Analyst Commentary
No analyst commentary reported.
Mergers & Acquisitions
None reported.
Outlook
The company highlighted continued long-term charter coverage and stable liquidity. Costamare has no significant debt maturities until 2027. The company did not provide updated guidance.
The post Costamare Inc. Reports Q4 2025 Results; Net Income Declines Year-on-Year first appeared on AlphaStreet News.
