EuroDry (EDRY) Operating Expenses (2017 - 2026)
EuroDry's (EDRY) quarterly Operating Expenses came in at $5.5 million in Q1 2026, down 16.61% YoY 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 10 years of Operating Expenses data on file, last reported at $5.5 million 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 slipped to $5.5 million in Q1 2026, from $6.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $6.6 million in Q4 2024 to a low of $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 soared 57.07% — and 2026, when it slipped 16.61%.
- Tracing EDRY's Operating Expenses over 5 years: 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 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 800.04 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 810.50 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -49.23 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -403.80 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | -56.64 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 72,107.52 Bn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | -23.83 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -41.93 Mn |
| 10 | EuroDry | 111.75 Mn | 111.75 Mn | 12.51 Mn | 10.72 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 |