EuroDry (EDRY) Operating Expenses (2017 - 2026)
EuroDry's (EDRY) quarterly Operating Expenses came in at $8.9 million in Q2 2026, down 29.36% on a YoY basis from $12.6 million in Q2 2025, and down 17.04% quarter-over-quarter from $10.7 million in Q1 2026.
Analysis
EuroDry (EDRY) Operating Expenses (2017 - 2026) Analysis & Trends
EuroDry (EDRY) has reported Operating Expenses for 10 consecutive years, with $8.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 29.36% year-over-year to $8.9 million; the trailing twelve-month figure through Jun 2026 stood at -$5.7 million (up 54.88% YoY), and the FY2025 full-year result was $49.3 million, down 26.84% from the prior year.
- Operating Expenses retreated to $8.9 million in Q2 2026 per EDRY's latest filing, from $10.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $15.9 million in Q2 2024 and bottomed at -$19.0 million in Q4 2024.
- Historically, Operating Expenses has averaged $840886.7 across 5 years, with a median of $8.5 million in 2022.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 69.7% in 2022, then sank 85.99% in 2024.
- Over 5 years, Operating Expenses stood at -$7.5 million in 2022, then sank by 65.93% to -$12.5 million in 2023, then tumbled by 51.67% to -$19.0 million in 2024, then jumped by 36.65% to -$12.0 million in 2025, then soared by 173.94% to $8.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $8.9 million, $10.7 million, and -$12.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 347.18 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 800.04 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 810.50 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 168.38 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -47.20 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | -783.93 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | -10.41 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -419.60 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 202.38 Mn |
| 10 | EuroDry | 157.83 Mn | 132.22 Mn | 16.17 Mn | 8.89 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.89 Mn |
| Mar 31, 2026 | 10.72 Mn |
| Dec 31, 2025 | -12.03 Mn |
| Sep 30, 2025 | -13.32 Mn |
| Jun 30, 2025 | 12.59 Mn |
| Mar 31, 2025 | 11.36 Mn |
| Dec 31, 2024 | -18.98 Mn |
| Sep 30, 2024 | -17.67 Mn |
| Jun 30, 2024 | 15.88 Mn |
| Mar 31, 2024 | 14.84 Mn |
| Dec 31, 2023 | -12.52 Mn |
| Sep 30, 2023 | -9.50 Mn |
| Jun 30, 2023 | 12.74 Mn |
| Mar 31, 2023 | 11.74 Mn |
| Dec 31, 2022 | -7.54 Mn |
| Sep 30, 2022 | -10.29 Mn |
| Jun 30, 2022 | 10.20 Mn |
| Mar 31, 2022 | 8.04 Mn |
| Dec 31, 2021 | -7.28 Mn |
| Sep 30, 2021 | -6.76 Mn |