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
DateValue
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