EuroDry (EDRY) Gross Margin (2017 - 2026)
EuroDry (EDRY) reported Gross Margin of 97.8% for Q1 2026, up 1649.0% on a YoY basis from 5.59% in Q1 2025, and up 10.39% quarter-over-quarter from 88.59% in Q4 2025.
EuroDry (EDRY) Gross Margin (2017 - 2026) Analysis & Trends
EuroDry has reported Gross Margin for 10 years, with the latest figure at 97.8% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 1649.0% year-over-year to 97.8%; the trailing twelve-month figure through Mar 2026 stood at 92.41% (up 364.0% YoY), and the FY2025 full-year result was 89.8%, changed N/A from the prior year.
- Gross Margin for Q1 2026 stood at 97.8%, up from 88.59% in the prior quarter.
- The five-year high for Gross Margin was 99.49% in Q2 2022, with the low at 78.53% in Q1 2023.
- Historically, Gross Margin has averaged 91.36% across 5 years, with a median of 91.77% in 2025.
- Annual changes were most pronounced in 2023 — Gross Margin sank 1599 bps — and 2026, when it soared 1649 bps.
- EuroDry's Gross Margin stood at 94.43% in 2022, then advanced by 2 bps to 96.53% in 2023, then declined by 3 bps to 93.84% in 2024, then retreated by 6 bps to 88.59% in 2025, then advanced by 10 bps to 97.8% in 2026.
- The last three Gross Margin figures came in at 97.8% (Q1 2026), 88.59% (Q4 2025), and 91.77% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 78.71% |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 34.20% |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | - |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 67.88% |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 123.50% |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 4.10% |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 73.39% |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | EuroDry | 62.67 Mn | 43.86 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% |