Costamare Bulkers Holdings Limited (CMDB) Income Statement
CMDB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCMDB revenue and net income
Where CMDB's revenue goes
2025Each bar shows an amount and its share of revenue. CMDB kept −6.3% of revenue as net income.
CMDB profit margins
CMDB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −50.0% | +23.6% | — | — |
| Gross profit | −45.8% | −35.3% | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CMDB quarterly EPS vs estimates
Costamare Bulkers beat the analyst EPS estimate in 0 of the last 1 quarters. Next report: November 13, 2026.
CMDB income statement
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $597.2M | $1.20B | $663.1M | $316.5M |
| Cost of revenue | $523.0M | $1.06B | $609.2M | $41.7M |
| Gross profit | $74.3M | $136.9M | $53.9M | $274.8M |
| Sales, general & admin | $10.7M | $17.8M | $13.0M | $7.4M |
| Total operating expenses | $93.1M | $170.6M | $190.7M | $165.7M |
| Operating income | −$18.8M | −$33.6M | −$136.8M | $109.0M |
| Interest income | $3.1M | $1.5M | $2.4M | $0 |
| Interest expense | $9.0M | $27.3M | $28.2M | $19.5M |
| Income before taxes | −$37.4M | −$98.3M | −$147.7M | $90.4M |
| Net income | −$37.4M | −$98.3M | −$147.7M | $90.4M |
| EBITDA | $83,000 | −$33.6M | −$79.9M | $149.6M |
| EPS (diluted) | −$3.73 | −$4.06 | — | — |
| Gross margin | 12.4% | 11.5% | 8.1% | 86.8% |
| Operating margin | −3.2% | −2.8% | −20.6% | 34.5% |
| Net margin | −6.3% | −8.2% | −22.3% | 28.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Jun '24 | Mar '24 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $129.8M | $130.5M | $218.5M | $222.9M | $77.9M | $77.9M | $276.1M | $276.1M |
| Cost of revenue | $94.1M | $93.6M | $190.2M | $195.5M | $74.4M | $74.4M | $262.3M | $262.3M |
| Gross profit | $35.7M | $36.9M | $28.3M | $27.4M | $3.6M | $3.6M | $13.8M | $13.8M |
| Sales, general & admin | $3.6M | $3.2M | $4.0M | $4.2M | $4.6M | $4.6M | $11.5M | $11.5M |
| Total operating expenses | $27.4M | $29.6M | $30.9M | $36.8M | $12.8M | $12.8M | $19.9M | $19.9M |
| Operating income | $8.3M | $7.2M | −$2.6M | −$9.4M | −$9.3M | −$9.3M | −$6.1M | −$6.1M |
| Interest income | $1.7M | $1.6M | $1.3M | $1.0M | $760,000 | $18,000 | — | — |
| Interest expense | $2.4M | $2.9M | $3.2M | $3.2M | $4.0M | $0 | $5.5M | $5.5M |
| Income before taxes | $6.0M | $11.6M | −$18.2M | $7.4M | −$13.3M | −$13.3M | $1.3M | $1.3M |
| Net income | $6.0M | $11.6M | −$18.2M | $7.4M | −$13.3M | −$13.3M | $1.3M | $1.3M |
| EBITDA | $20.9M | $23.2M | −$5.8M | $19.9M | −$1.0M | −$1.0M | $2.3M | $2.3M |
| EPS (diluted) | $0.40 | $0.48 | −$0.88 | $0.30 | −$3.15 | — | — | — |
| Gross margin | 27.5% | 28.3% | 13.0% | 12.3% | 4.6% | 4.6% | 5.0% | 5.0% |
| Operating margin | 6.4% | 5.5% | −1.2% | −4.2% | −11.9% | −11.9% | −2.2% | −2.2% |
| Net margin | 4.6% | 8.9% | −8.3% | 3.3% | −17.0% | −17.0% | 0.5% | 0.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CMDB's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CMDB financial results
In fiscal year 2025 (ended December 31, 2025), Costamare Bulkers reported revenue of $597.2 million, down 50.0% from the year before. It had a net loss of $37.4 million, a net profit margin of −6.3%. Diluted earnings per share came to −$3.73.
See the CMDB stock overview for the latest quote and news, or the CMDB chart for price history and technical indicators.
CMDB income statement FAQ
What is Costamare Bulkers's annual revenue?
Costamare Bulkers reported total revenue of $597.2 million for fiscal year 2025, which ended on December 31, 2025. That was down 50.0% from $1.2 billion the previous year.
Is Costamare Bulkers profitable?
No. Costamare Bulkers reported a net loss of $37.4 million in fiscal 2025, a net profit margin of −6.3%; its operating margin was −3.2%.
What is Costamare Bulkers's gross margin?
Costamare Bulkers's gross margin was 12.4% in fiscal 2025: for every $100 of revenue, Costamare Bulkers kept $12 after the direct cost of its products and services.
What are Costamare Bulkers's earnings per share?
Costamare Bulkers earned $-3.73 per diluted share in fiscal 2025, compared with $-4.06 a year earlier.
When will Costamare Bulkers report its next earnings?
Costamare Bulkers is expected to report results for the quarter ending September 30, 2026 on November 13, 2026 before the market opens.
When does Costamare Bulkers's fiscal year end?
Costamare Bulkers's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.