Globus Maritime (GLBS) Gross Margin (2009 - 2026)
Globus Maritime's (GLBS) quarterly Gross Margin came in at 67.56% in Q2 2026, up 1581.0% on a YoY basis from 4.02% in Q2 2025, and up 2.38% quarter-over-quarter from 65.99% in Q1 2026.
Analysis
Globus Maritime (GLBS) Gross Margin (2009 - 2026) Analysis & Trends
Globus Maritime (GLBS) has reported Gross Margin for 18 consecutive years, with 67.56% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 1581.0% year-over-year to 67.56%; the trailing twelve-month figure through Jun 2026 stood at 66.3% (up 1463.0% YoY), and the FY2025 full-year result was 58.74%, down 13.0% from the prior year.
- Gross Margin advanced to 67.56% in Q2 2026 per GLBS's latest filing, from 65.99% in the prior quarter.
- Across five years, Gross Margin topped out at 78.39% in Q2 2022 and bottomed at 116.88% in Q4 2022.
- Historically, Gross Margin has averaged 49.93% across 5 years, with a median of 59.8% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 14276 bps in 2022, then jumped 17020 bps in 2023.
- Over 5 years, Gross Margin stood at 116.88% in 2022, then jumped by 146 bps to 53.32% in 2023, then fell by 8 bps to 49.09% in 2024, then surged by 42 bps to 69.6% in 2025, then slipped by 3 bps to 67.56% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 67.56%, 65.99%, and 69.6% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 31.53% |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 99.97% |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 45.71% |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 79.33% |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 84.14% |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 14.32% |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 83.88% |
| 10 | Globus Maritime | 73.62 Mn | 43.85 Mn | 9.87 Mn | 67.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 67.56% |
| Mar 31, 2026 | 65.99% |
| Dec 31, 2025 | 69.60% |
| Sep 30, 2025 | 61.61% |
| Jun 30, 2025 | 51.75% |
| Mar 31, 2025 | 45.34% |
| Dec 31, 2024 | 49.09% |
| Sep 30, 2024 | 60.17% |
| Jun 30, 2024 | 66.13% |
| Mar 31, 2024 | 59.43% |
| Dec 31, 2023 | 53.32% |
| Sep 30, 2023 | 48.99% |
| Jun 30, 2023 | 44.68% |
| Mar 31, 2023 | 47.32% |
| Dec 31, 2022 | -116.88% |
| Sep 30, 2022 | 69.94% |
| Jun 30, 2022 | 78.39% |
| Mar 31, 2022 | 76.38% |
| Dec 31, 2021 | 25.88% |
| Sep 30, 2021 | 72.00% |