EuroDry (EDRY) Operating Expenses (2017 - 2026)
EuroDry (EDRY) posted quarterly Operating Expenses of $5.5 million for Q1 2026, down 16.61% year-on-year from $6.6 million in Q1 2025, and down 12.12% on a QoQ basis from $6.2 million in Q4 2025.
EuroDry (EDRY) Operating Expenses (2017 - 2026) Analysis & Trends
EuroDry (EDRY) has reported Operating Expenses for 10 consecutive years, with $5.5 million the latest figure, recorded in Q1 2026.
- Quarterly Operating Expenses fell 16.61% year-over-year to $5.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $23.9 million (down 8.18% YoY) and the FY2025 annual result came in at $49.3 million, down 26.84% from the prior year.
- Operating Expenses fell to $5.5 million in Q1 2026 per EDRY's latest filing, from $6.2 million in the prior quarter.
- Over the last five years, Operating Expenses for EDRY reached as high as $6.6 million in Q4 2024 and fell as low as $4.2 million in Q1 2022.
- A 5-year average of $5.7 million and a median of $5.9 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 57.07% — and 2026, when it dropped 16.61%.
- Year by year, Operating Expenses stood at $4.9 million in 2022, then gained by 23.94% to $6.1 million in 2023, then climbed by 8.51% to $6.6 million in 2024, then slipped by 5.56% to $6.2 million in 2025, then declined by 12.12% to $5.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $5.5 million, $6.2 million, and $5.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | -403.80 Mn |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | -15.99 Mn |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | 129.63 Mn |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | 3.47 Mn |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | -3,255.00 |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 722.10 Mn |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | 623.90 Mn |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | -49.23 Mn |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | EuroDry | 67.68 Mn | 67.68 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 |