EuroDry (EDRY) Operating Expenses (2017 - 2026)
EuroDry (EDRY) reported Operating Expenses of $5.5 million for Q1 2026, down 16.61% on a YoY basis from $6.6 million in Q1 2025, and down 12.12% quarter-over-quarter from $6.2 million in Q4 2025.
EuroDry (EDRY) Operating Expenses (2017 - 2026) Analysis & Trends
EuroDry has reported Operating Expenses for 10 years, with the latest figure at $5.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 16.61% year-over-year to $5.5 million; the trailing twelve-month figure through Mar 2026 stood at $23.9 million (down 8.18% YoY), and the FY2025 full-year result was $25.0 million, down 62.96% from the prior year.
- Operating Expenses for Q1 2026 stood at $5.5 million, down from $6.2 million in the prior quarter.
- The five-year high for Operating Expenses was $6.6 million in Q4 2024, with the low at $4.2 million in Q1 2022.
- Historically, Operating Expenses has averaged $5.7 million across 5 years, with a median of $5.9 million in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 57.07% — and 2026, when it slipped 16.61%.
- EuroDry's Operating Expenses stood at $4.9 million in 2022, then grew by 23.94% to $6.1 million in 2023, then rose by 8.51% to $6.6 million in 2024, then fell by 5.56% to $6.2 million in 2025, then decreased by 12.12% to $5.5 million in 2026.
- The last three Operating Expenses figures came in at $5.5 million (Q1 2026), $6.2 million (Q4 2025), and $5.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 6.31 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 722.10 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 696.40 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -24.49 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 223.85 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -403.80 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | -42.16 Mn |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | -23.83 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | 8.85 Mn |
| 10 | EuroDry | 62.67 Mn | 43.86 Mn | 12.51 Mn | 5.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.47 Mn |
| Dec 31, 2025 | 6.22 Mn |
| Sep 30, 2025 | 5.89 Mn |
| Jun 30, 2025 | 6.28 Mn |
| Mar 31, 2025 | 6.56 Mn |
| Dec 31, 2024 | 6.59 Mn |
| Sep 30, 2024 | 6.28 Mn |
| Jun 30, 2024 | 6.56 Mn |
| Mar 31, 2024 | 6.23 Mn |
| Dec 31, 2023 | 6.07 Mn |
| Sep 30, 2023 | 4.73 Mn |
| Jun 30, 2023 | 5.40 Mn |
| Mar 31, 2023 | 4.69 Mn |
| Dec 31, 2022 | 4.90 Mn |
| Sep 30, 2022 | 5.21 Mn |
| Jun 30, 2022 | 5.00 Mn |
| Mar 31, 2022 | 4.23 Mn |
| Dec 31, 2021 | 3.67 Mn |
| Sep 30, 2021 | 3.65 Mn |
| Jun 30, 2021 | 3.18 Mn |