Quarterly ResultAug 13, 2026, 06:21 AM
Costamare H1 2026 Revenue $420.2M, Net Income $163.0M, EPS $1.27
AI Summary
Costamare Inc. reported its unaudited financial results for the first half of 2026, with total revenues decreasing to $420.2 million from $440.8 million in the prior year period. Net income attributable to Costamare Inc. also saw a decline to $163.0 million, resulting in diluted earnings per share of $1.27. The company's dry bulk business was spun off into Costamare Bulkers in May 2025, with its results reported as discontinued operations for the prior period.
Key Highlights
- Total Revenues for H1 2026 decreased to $420.2 million from $440.8 million in H1 2025.
- Net income attributable to Costamare Inc. for H1 2026 was $163.0 million, down from $188.8 million in H1 2025.
- Diluted Earnings Per Share (EPS) for H1 2026 was $1.27, compared to $1.49 in H1 2025.
- Total assets increased to $4.01 billion as of June 30, 2026, from $3.86 billion at December 31, 2025.
- Total stockholders' equity rose to $2.29 billion as of June 30, 2026, from $2.16 billion at December 31, 2025.
- Net cash provided by operating activities from continuing operations was $214.2 million in H1 2026.
- The dry bulk business was spun off into Costamare Bulkers on May 6, 2025, with prior results reported as discontinued operations.
Price Impact
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