EDRY net incomeFY2025-$4.26M
EDRY net income was -$4.26M for fiscal 2025 (ended Dec 31, 2025), compared with -$12.61M in fiscal 2024.
EuroDry Ltd. (EDRY) financials
For fiscal 2025 (ended Dec 31, 2025), EuroDry Ltd. reported -$4.26M of net income.
- Net income, FY2025
- -$4.26M
- Cash
- $20.32M
- Total debt
- $102.88M
- Market cap
- $110.2M
FY2018FY2022
FY2016FY2025
FY2016FY2021
EDRY revenue and earnings growth
EDRY EPSFY2024-$4.62
EDRY diluted EPS was -$4.62 for fiscal 2024 (ended Dec 31, 2024), compared with -$1.05 in fiscal 2023.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | $74.57M | $68.51M | $23.59M | $28.79M | $25.93M | - | - |
| Cost of revenue | - | - | - | - | - | - | - | $410.7K | $2.40M | $82.6K |
| Gross profit | - | - | - | - | - | - | - | $25.52M | - | - |
| Selling, general and admin | $3.17M | $3.27M | $3.46M | $3.07M | $2.64M | $2.29M | $2.25M | $2.35M | $917.2K | $798.8K |
| Operating income | $2.97M | -$6.30M | $1.09M | $34.12M | $38.89M | -$2.74M | $3.01M | $3.99M | $2.63M | -$8.97M |
| Interest expense | $6.55M | $7.69M | $6.28M | $3.62M | $2.04M | $2.19M | $3.36M | $2.52M | $1.61M | $689.7K |
| Net income | -$4.26M | -$12.61M | -$2.91M | $33.54M | $29.40M | -$5.88M | $16.5K | $1.12M | $849.7K | -$10.14M |
| EPS, basic | -$1.55 | -$4.62 | -$1.05 | $11.66 | $11.63 | -$3.28 | -$0.85 | $0.25 | $0.38 | -$6.21 |
| EPS, diluted | - | -$4.62 | -$1.05 | $11.61 | $11.54 | -$3.28 | -$0.85 | $0.25 | $0.38 | -$6.21 |
| Diluted shares | - | 2.7M | 2.8M | 2.9M | 2.5M | 2.3M | 2.3M | 2.2M | 2.2M | 1.6M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $20.32M | $6.71M | $8.00M | $34.04M | $26.85M | $938.3K | $5.40M | $4.38M | $1.26M | $591.1K |
| Receivables | $3.31M | $8.43M | $6.74M | $7.15M | $775.0K | $1.53M | $1.84M | $2.24M | $593.8K | - |
| Inventory | $1.31M | $2.10M | $4.12M | $1.06M | $770.3K | $1.39M | $508.7K | $566.9K | $452.2K | - |
| Current assets | $28.62M | $23.33M | $24.23M | $47.89M | $30.41M | $6.06M | $9.58M | $14.47M | $7.62M | - |
| Total assets | $212.10M | $219.74M | $231.05M | $199.51M | $161.33M | $107.51M | $117.69M | $127.71M | $97.45M | - |
| Current liabilities | $18.72M | $18.76M | $25.48M | $27.20M | $17.71M | $19.26M | $11.17M | $8.98M | $9.64M | - |
| Short-term debt | $12.01M | $11.81M | $17.80M | $22.86M | $13.95M | $13.79M | $6.81M | $6.93M | $7.97M | - |
| Long-term debt | $90.87M | $95.38M | $86.12M | $58.36M | $64.70M | $37.32M | $49.69M | $56.43M | $30.36M | - |
| Total debt | $102.88M | $107.19M | $103.93M | $81.22M | $78.65M | $51.11M | $56.50M | $63.36M | $38.33M | - |
| Total liabilities | $109.59M | $114.14M | $111.63M | $85.56M | $82.41M | $56.97M | $61.16M | $65.41M | $64.59M | - |
| Shareholders' equity | $93.27M | $96.74M | $119.43M | $113.94M | $78.92M | $34.60M | $41.81M | $43.54M | $32.86M | $31.10M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $12.76M | $4.81M | $11.81M | $32.99M | $39.14M | $2.33M | $15.11M | $3.97M | $2.91M | $4.26M |
| Capital expenditures | - | - | - | - | $36.82M | $611.1K | $1.11M | $29.05M | $9.64M | $24.24M |
| Free cash flow | - | - | - | - | $2.31M | $1.71M | $14.00M | -$25.08M | -$6.73M | -$19.99M |
| Investing cash flow | $5.75M | -$8.73M | -$65.30M | -$28.40M | -$36.82M | -$611.1K | -$1.11M | -$29.05M | -$9.64M | -$24.24M |
| Financing cash flow | -$4.74M | $1.73M | $30.47M | $3.01M | $22.61M | -$6.24M | -$12.63M | $27.93M | $9.28M | $20.47M |
| Share repurchases | $0 | $1.27M | $2.03M | $2.00M | $0 | $0 | - | - | - | - |
| Stock-based compensation | $801.2K | $954.1K | $798.0K | $788.7K | $230.6K | $245.9K | $184.8K | $137.5K | - | - |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | - | - | - | 8.9% | 190.3% | -18.0% | 11.0% | - | - | - |
| Net income growth, YoY | - | - | - | 14.1% | - | - | -98.5% | 31.8% | - | - |
| EPS growth, YoY | - | - | - | 0.6% | - | - | - | -34.2% | - | - |
| Gross margin | - | - | - | - | - | - | - | 98.4% | - | - |
| Operating margin | - | - | - | 45.8% | 56.8% | -11.6% | 10.4% | 15.4% | - | - |
| Net margin | - | - | - | 45.0% | 42.9% | -24.9% | 0.1% | 4.3% | - | - |
| Free cash flow margin | - | - | - | - | 3.4% | 7.3% | 48.6% | -96.7% | - | - |
| Return on equity | -4.6% | -13.0% | -2.4% | 29.4% | 37.3% | -17.0% | 0.0% | 2.6% | 2.6% | -32.6% |
| Return on assets | -2.0% | -5.7% | -1.3% | 16.8% | 18.2% | -5.5% | 0.0% | 0.9% | 0.9% | - |
| Current ratio | 1.53 | 1.24 | 0.95 | 1.76 | 1.72 | 0.31 | 0.86 | 1.61 | 0.79 | - |
| Debt to equity | 1.10 | 1.11 | 0.87 | 0.71 | 1.00 | 1.48 | 1.35 | 1.46 | 1.17 | - |
Source: XBRL data EuroDry Ltd. files with the SEC, latest filing dated Apr 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
EDRY peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| EDRY | - | - | -$4.26M | - | $110.2M |
| GD | $56.52B | +9.7% | $4.66B | 8.2% | $97.84B |
| RCL | $19.13B | +9.7% | $4.55B | 23.8% | $90.13B |
| CCL | $27.59B | +5.2% | $3.14B | 11.4% | $41.43B |
| VIK | $6.50B | +21.9% | $1.15B | 17.7% | $38.86B |
| BIP | $23.10B | +9.8% | $2.53B | 11.0% | $18.16B |
| HII | $13.53B | +12.6% | $733.00M | 5.4% | $11.99B |
| FRO | $1.97B | -8.8% | $379.08M | 19.2% | $9.86B |
| NCLH | $10.16B | +4.9% | $832.94M | 8.2% | $8.46B |
EDRY FAQ
4 questionsIs EDRY profitable?
No. EuroDry Ltd. reported a net loss of $4.26M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does EDRY have?
EuroDry Ltd. reported $20.32M in cash and cash equivalents and $102.88M of debt on its most recent balance sheet in SEC filings.When did EDRY last report financial results?
The latest statements here come from EuroDry Ltd.'s 20-F filed on Apr 28, 2026, covering the period ended Dec 31, 2025.Where does this EDRY financial data come from?
Quantisnow builds these statements from the structured XBRL data EuroDry Ltd. files with the SEC. It is provided for information only and is not investment advice.