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Recent press releases and 8-K filings for NMM.
Navios Maritime Partners Reports Strong Q4 and Full-Year 2025 Results, Increases Distribution
NMM
Earnings
Dividends
Share Buyback
- Navios Maritime Partners (NMM) reported net income of $117.3 million and EBITDA of $224.8 million for Q4 2025, with full-year 2025 net income of $285.3 million and EBITDA of $744.6 million.
- The company announced a 20% increase in its annual distribution policy to $0.24 per unit, commencing for Q1 2026, which was primarily funded by savings from a unit repurchase program that reduced units outstanding by 5.3%.
- NMM's fleet has an average age of 9.6 years and a total value of $8.8 billion, with a strong balance sheet including $580 million in available liquidity and a net loan-to-value (LTV) of 30.9% at year-end 2025.
- The company has $3.8 billion in contracted revenue, with 71% of available days covered for 2026, exceeding cash operating costs by $172.7 million.
- NMM continues its fleet modernization with 26 new building vessels delivering through 2029, representing $1.9 billion in investment, while also opportunistically selling older vessels.
Feb 19, 2026, 1:30 PM
Navios Maritime Partners Reports Q4 and Full Year 2025 Results, Increases Distribution
NMM
Earnings
Dividends
Share Buyback
- Navios Maritime Partners reported net income of $117.3 million and EBITDA of $224.8 million for Q4 2025, with earnings per common unit of $3.99. For the full year 2025, net income was $285.3 million, EBITDA was $744.6 million, and earnings per common unit were $9.59.
- The company announced a 20% increase in its annual distribution policy to $0.24 per unit, commencing Q1 2026, primarily funded by savings from a unit repurchase program that reduced units outstanding by 5.3%.
- NMM's fleet value, including its new building program, stands at $8.8 billion, with a net loan-to-value (LTV) of 30.9% and $580 million in available liquidity.
- For 2026, 71% of available days are secured, with contracted revenue exceeding cash operating costs by $172.7 million, providing significant earnings visibility. Total contracted revenue is $3.8 billion extending through 2037.
- The company is modernizing its fleet with 26 new building vessels delivering through 2029, representing a $1.9 billion investment, and has sold 14 older vessels in 2025 and 2026 year-to-date for approximately $372 million.
Feb 19, 2026, 1:30 PM
Navios Maritime Partners Reports Q4 and Full Year 2025 Results
NMM
Earnings
Dividends
Share Buyback
- Navios Maritime Partners reported Q4 2025 revenue of $365.6 million and FY 2025 EBITDA of $744.6 million, with net income of $285.3 million for the full year.
- The company maintained strong financial health with $580 million in available liquidity and a net loan-to-value (LTV) of 30.9% as of December 31, 2025.
- NMM operates a fleet of 171 vessels with an average age of 9.6 years and has $3.8 billion in contracted revenue.
- The company increased its annual dividend distributions by 20% to $0.24 per unit, effective Q1 2026, and executed $72.9 million in unit repurchases since 2024.
Feb 19, 2026, 1:30 PM
Navios Maritime Partners Reports Strong Q4 and Full-Year 2025 Results, Increases Distribution, and Highlights Fleet Modernization
NMM
Earnings
Dividends
Share Buyback
- Navios Maritime Partners reported Q4 2025 net income of $117.3 million and EBITDA of $224.8 million, with full-year 2025 net income of $285.3 million and EBITDA of $744.6 million. Revenue for Q4 2025 increased by 10% to $366 million compared to Q4 2024.
- The company announced a 20% increase in its annual distribution policy to $0.24 per unit, commencing Q1 2026, and reduced units outstanding by 5.3% through a $73 million unit repurchase program.
- NMM's fleet comprises 171 vessels with an overall value of $8.8 billion (including new buildings), and it ended 2025 with a net Loan-to-Value (LTV) of 30.9%.
- Contracted revenue stands at $3.75 billion, with 71% of available days for 2026 secured, providing $172.7 million in contracted revenue exceeding cash operating costs. The company is also pursuing a fleet modernization program with 26 new building vessels delivering through 2029.
Feb 19, 2026, 1:30 PM
Navios Maritime Partners Reports Q4 and FY 2025 Results, Increases Dividend, and Updates Fleet Strategy
NMM
Earnings
Dividends
Share Buyback
- Navios Maritime Partners L.P. reported revenue of $365.6 million and net income of $117.3 million for Q4 2025, with full-year 2025 revenue reaching $1,344.1 million and net income of $285.3 million.
- The company announced a 20% increase in dividend distributions to $0.06 per unit quarterly, effective from Q1 2026, and repurchased 1,603,713 common units for $72.9 million from 2024 through February 12, 2026.
- Strategic fleet activities include the $134.3 million acquisition of two newbuilding capesize vessels and the sale of two VLCC tankers for $136.5 million, contributing to $3.8 billion in contracted revenue as of February 2026.
Feb 19, 2026, 12:29 PM
Navios Maritime Partners L.P. Reports Q3 2025 Financial Results and Strategic Updates
NMM
Earnings
Debt Issuance
New Projects/Investments
- Navios Maritime Partners L.P. reported an increase in time charter and voyage revenues by 1.8% to $346.9 million for the three-month period ended September 30, 2025, compared to the same period in 2024.
- Net cash provided by operating activities increased by $12.7 million to $381.3 million for the nine-month period ended September 30, 2025.
- The company agreed to acquire six newbuilding vessels (two Aframax/LR2 tankers and four methanol-ready containerships) during Q2 and Q3 2025, with expected deliveries in 2027 and 2028.
- In October 2025, Navios Maritime Partners L.P. successfully placed $300,000 of senior unsecured bonds with a 7.75% fixed coupon, maturing in November 2030, intended for general corporate purposes and debt repayment. The company also entered into new credit facilities in Q3 2025 and was in compliance with all financial covenants as of September 30, 2025.
Nov 28, 2025, 9:05 PM
Navios Partners Announces Q3 2025 Results and Strategic Updates
NMM
Earnings
Debt Issuance
Share Buyback
- Navios Partners reported Q3 2025 revenue of $346.9 million, Adjusted EBITDA of $194.0 million, and Net Income of $56.3 million.
- The company operates a fleet of 171 vessels with an average age of 9.7 years, and maintained a Net LTV of 34.5% as of Q3 2025.
- Navios Partners returned $42.2 million to unitholders year-to-date 2025 through $4.5 million in dividends and $37.7 million in common unit repurchases. The company also reported $412 million in available liquidity, including $381.6 million in cash as of September 30, 2025.
- Recent developments include $460.4 million in acquisitions for four newbuilding containerships and the issuance of $300 million in senior unsecured bonds to repay floating-rate debt.
Nov 18, 2025, 1:30 PM
Navios Maritime Partners Reports Q3 2025 Results and Strategic Financial Moves
NMM
Earnings
Debt Issuance
Share Buyback
- Navios Maritime Partners reported Q3 2025 revenue of $346.9 million, EBITDA of $193.9 million, and net income of $56.3 million, with earnings per common unit of $1.90.
- The company maintains a diversified fleet of 171 vessels with an average age of 9.7 years and a gross value of $6.3 billion, supported by $412 million in available liquidity and a net loan-to-value (LTV) of 34.5%.
- NMM added $745 million in long-term contracted revenue during Q3 2025, bringing its total revenue backlog to $3.7 billion. For Q4 2025, 88% of available days are fixed at a net average rate of $24,871 per day, and for 2026, 58% of available days are fixed at $27,088 per day, generating approximately $860 million in revenue.
- Navios Maritime Partners issued a $300 million senior secured bond in the Norwegian market at a 7.75% coupon with a five-year term, using the proceeds to repay $292.3 million of floating rate debt and increasing the fixed-rate debt to 41% of its total debt at an average rate of 6.2%.
- The company has returned $42.2 million through its dividend and unit repurchase programs, with $37.3 million in remaining purchase power, having repurchased almost 5% of outstanding units.
Nov 18, 2025, 1:30 PM
Navios Maritime Partners Reports Strong Q3 2025 Results and Strategic Financial Moves
NMM
Earnings
Debt Issuance
New Projects/Investments
- Navios Maritime Partners reported Q3 2025 revenue of $346.9 million and earnings per common unit of $1.90.
- The company added $745 million in long-term contracted revenue during Q3 2025, contributing to a total revenue backlog of $3.7 billion.
- A $300 million senior secured bond was issued at a 7.75% coupon to refinance floating rate debt, resulting in 41% of the company's debt being fixed at an average rate of 6.2% and creating $1.2 billion in debt-free vessels.
- For 2026, 58% of available days are fixed at a net average rate of $27,088 per day, with a low break-even of $894 per day for the remaining open and index days.
- The fleet modernization program includes the acquisition of four newbuilding 8,850 TEU container ships in Q3 2025 for $460 million, part of 25 newbuilding vessels delivering through 2028.
Nov 18, 2025, 1:30 PM
Navios Maritime Partners Reports Q3 2025 Results and Strategic Updates
NMM
Earnings
Debt Issuance
New Projects/Investments
- Navios Maritime Partners reported Q3 2025 revenue of $346.9 million and net income of $56.3 million, with earnings per common unit of $1.90. For the first nine months of 2025, revenue was $978.6 million and net income was $168 million, with earnings per common unit of $5.62.
- The company's revenue backlog reached $3.7 billion after adding $745 million in long-term contracted revenue during Q3 2025, supporting a modern fleet of 171 vessels with 25 newbuilding vessels delivering through 2028.
- NMM completed a $300 million senior secured bond issuance at a 7.75% coupon, which helped repay $292.3 million of floating rate debt and resulted in 41% of its debt being fixed at an average rate of 6.2%.
- For Q4 2025, 88% of available days are fixed at a net average rate of $24,871 per day, and for 2026, 58% of available days are fixed at $27,088 per day, with a low break-even of $894 per day for remaining open days.
Nov 18, 2025, 1:30 PM
Quarterly earnings call transcripts for Navios Maritime Partners.
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