Costamare Inc. (CMRE) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	839.5M	877.9M	2.1B	1.5B	1.1B
Cost of Revenue	357.6M	375.1M	1.5B	1.1B	513.2M
Gross Profit	481.9M	502.8M	556.7M	436.4M	600.7M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	45.0M	20.0M	33.5M	24.2M	19.5M
General & Admin Expense	17.3M	20.0M	33.5M	24.2M	19.5M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	40.4M	28.9M	60.9M	(55.8M)	(81.1M)
Total Operating Expenses	85.3M	48.9M	94.4M	(31.6M)	(61.6M)
Cost and Expenses	442.9M	424.0M	1.6B	1.0B	451.6M
Operating Income (EBIT)	396.6M	453.9M	462.3M	468.0M	662.2M
Non-Operating
Interest Income	14.0M	19.3M	33.2M	32.4M	6.0M
Interest Expense	77.2M	91.4M	150.3M	152.1M	107.2M
Net Interest Income	(63.2M)	(72.0M)	(117.1M)	(119.7M)	(101.2M)
Other Non-Op Income/Expense	(52.3M)	(57.4M)	(145.9M)	(87.0M)	(107.6M)
Non-Operating Income (excl Interest)	(8.3M)	(34.0M)	6.0M	(65.1M)	349.0K
EBT (Pre-Tax Income)	344.3M	396.5M	316.3M	381.0M	554.7M
Income Tax Expense	—	—	—	—	—
Bottom Line
Net Income	338.8M	364.6M	319.9M	385.7M	555.0M
Earnings from Cont. Ops	344.3M	396.5M	316.3M	381.0M	554.7M
Earnings from Discont. Ops	—	(27.5M)	—	—	—
Bottom Line Net Income	317.9M	343.7M	290.7M	354.7M	523.9M
Per Share
Basic EPS	$2.63	$2.86	$2.44	$2.95	$4.26
Diluted EPS	$2.63	$2.86	$2.44	$2.95	$4.26
Revenue Per Share	$6.95	$7.30	$17.47	$12.56	$9.06
Shares
Basic Shares Outstanding	120.7M	120.2M	119.3M	120.3M	123.0M
Diluted Shares Outstanding	120.7M	120.2M	119.3M	120.3M	123.0M
Profitability Metrics
EBITDA	541.5M	637.2M	619.9M	699.3M	828.1M
D&A	136.6M	149.3M	163.6M	166.1M	166.2M
EBIT	404.8M	487.9M	456.3M	533.1M	661.9M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026