Navios Maritime Partners (NMM) Gross Margin (2009 - 2026)
Navios Maritime Partners' (NMM) quarterly Gross Margin came in at 73.39% in Q1 2026, up 458.0% year-on-year from 13.15% in Q1 2025, and down 48.92% quarter-over-quarter from 143.67% in Q4 2025.
Navios Maritime Partners (NMM) Gross Margin (2009 - 2026) Analysis & Trends
Navios Maritime Partners has disclosed Gross Margin across 18 years of filings, most recently posting 73.39% for Q1 2026.
- Gross Margin for Q1 2026 came in at 73.39%, up 458.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 90.84% (up 245.0% YoY), and the FY2025 annual result was 90.5%, up 147.0% from the prior year.
- Gross Margin came in at 73.39% for Q1 2026 at Navios Maritime Partners, down from 143.67% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 143.67% in Q4 2025 to a low of 65.75% in Q4 2023.
- The 5-year median for Gross Margin is 89.87% (2022), against an average of 88.92%.
- Across the five-year window, Gross Margin slumped 2412 bps in 2023 and soared 7090 bps in 2024, its largest moves.
- Navios Maritime Partners' Gross Margin stood at 89.87% in 2022, then slipped by 27 bps to 65.75% in 2023, then surged by 108 bps to 136.65% in 2024, then increased by 5 bps to 143.67% in 2025, then sank by 49 bps to 73.39% in 2026.
- The last three Gross Margin figures came in at 73.39% (Q1 2026), 143.67% (Q4 2025), and 72.58% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 78.71% |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 34.20% |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | - |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 67.88% |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 123.50% |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 4.10% |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 73.39% |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Capital Clean Energy Carriers | 1.33 Bn | 792.93 Mn | 78.44 Mn | 80.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 73.39% |
| Dec 31, 2025 | 143.67% |
| Sep 30, 2025 | 72.58% |
| Jun 30, 2025 | 70.26% |
| Mar 31, 2025 | 68.81% |
| Dec 31, 2024 | 136.65% |
| Sep 30, 2024 | 73.04% |
| Jun 30, 2024 | 74.20% |
| Mar 31, 2024 | 72.34% |
| Dec 31, 2023 | 65.75% |
| Sep 30, 2023 | 95.07% |
| Jun 30, 2023 | 94.88% |
| Mar 31, 2023 | 95.33% |
| Dec 31, 2022 | 89.87% |
| Sep 30, 2022 | 95.22% |
| Jun 30, 2022 | 95.40% |
| Mar 31, 2022 | 95.27% |
| Dec 31, 2021 | 93.24% |
| Sep 30, 2021 | 95.23% |
| Jun 30, 2021 | 97.38% |