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
DateValue
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%