EuroDry (EDRY) Gross Margin (2017 - 2026)
EuroDry (EDRY) posted quarterly Gross Margin of 97.8% for Q1 2026, up 1649.0% year-on-year from 5.59% in Q1 2025, and up 10.39% on a QoQ basis from 88.59% in Q4 2025.
EuroDry (EDRY) Gross Margin (2017 - 2026) Analysis & Trends
EuroDry (EDRY) has reported Gross Margin for 10 consecutive years, with 97.8% the latest figure, recorded in Q1 2026.
- Quarterly Gross Margin rose 1649.0% year-over-year to 97.8% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 92.41% (up 364.0% YoY) and the FY2025 annual result came in at 93.94%, down 34.0% from the prior year.
- Gross Margin improved to 97.8% in Q1 2026 per EDRY's latest filing, from 88.59% in the prior quarter.
- Over the last five years, Gross Margin for EDRY reached as high as 99.49% in Q2 2022 and fell as low as 78.53% in Q1 2023.
- A 5-year average of 91.36% and a median of 91.77% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin plunged 1599 bps — and 2026, when it jumped 1649 bps.
- Year by year, Gross Margin stood at 94.43% in 2022, then increased by 2 bps to 96.53% in 2023, then decreased by 3 bps to 93.84% in 2024, then dropped by 6 bps to 88.59% in 2025, then increased by 10 bps to 97.8% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 97.8%, 88.59%, and 91.77% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | 4.10% |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 80.30% |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | 49.51% |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | 97.46% |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | 65.99% |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 34.20% |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | - |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | 67.88% |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | EuroDry | 67.68 Mn | 67.68 Mn | 12.51 Mn | 97.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 97.80% |
| Dec 31, 2025 | 88.59% |
| Sep 30, 2025 | 91.77% |
| Jun 30, 2025 | 93.01% |
| Mar 31, 2025 | 81.31% |
| Dec 31, 2024 | 93.84% |
| Sep 30, 2024 | 89.80% |
| Jun 30, 2024 | 87.63% |
| Mar 31, 2024 | 89.55% |
| Dec 31, 2023 | 96.53% |
| Sep 30, 2023 | 99.20% |
| Jun 30, 2023 | 89.49% |
| Mar 31, 2023 | 78.53% |
| Dec 31, 2022 | 94.43% |
| Sep 30, 2022 | 87.53% |
| Jun 30, 2022 | 99.49% |
| Mar 31, 2022 | 94.52% |
| Dec 31, 2021 | 99.03% |
| Sep 30, 2021 | 99.50% |
| Jun 30, 2021 | 99.03% |