v3.26.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
REVENUES:    
Income from investments in leaseback vessels $ 17,932 $ 12,682
Revenues 420,243 440,760
EXPENSES:    
Voyage expenses (30,859) (23,383)
Voyage expenses-related parties (Note 4) (5,032) (5,819)
Vessels’ operating expenses (84,089) (79,171)
General and administrative expenses (6,842) (5,781)
General and administrative expenses – related parties (Note 4) (6,085) (4,294)
Management fees-related parties (Note 4) (14,784) (14,178)
Amortization of dry-docking and special survey costs (Note 9) (11,108) (9,530)
Depreciation (Notes 8, 11 and 20) (65,414) (63,492)
Foreign exchange gains /(losses) (976) 2,571
Operating income 195,054 237,683
OTHER INCOME / (EXPENSES):    
Interest income 6,652 11,779
Interest and finance costs (Note 16) (36,509) (45,210)
Other, net 278 27
Gain on derivative instruments, net (Note 18) 326 13,767
Total other expenses, net (29,253) (19,637)
Net income from continuing operations 165,801 218,046
Net Loss from discontinued operations (Note 3) 0 (27,547)
Net income 165,801 190,499
Net income attributable to the non-controlling interest (Note 15) (2,752) (1,677)
Net income attributable to Costamare Inc. 163,049 188,822
Earnings allocated to Preferred Stock (Note 15) (10,402) (10,402)
Net income available to Common Stockholders $ 152,647 $ 178,420
Earnings per common share, basic and diluted - Total (Note 15) (in dollars per share) $ 1.27 $ 1.49
Earnings per common share, basic and diluted – Continuing operations (Note 15) (in dollars per share) 1.27 1.71
Losses per common share, basic and diluted – Discontinued operations (Note 15) (in dollars per share) $ 0 $ (0.23)
Weighted average number of shares, basic and diluted (Note 15) (in shares) 120,666,982 120,039,623
Nonrelated Party [Member]    
REVENUES:    
Total voyage revenue $ 402,311 $ 428,078