EuroDry Ltd. (EDRY) Revenue History
Annual and quarterly revenue from 2016 to present
EDRY Revenue Over Time (2016–2025)
EDRY Revenue Growth History
6 of 9 years with positive growth- FY2016 revenue growth
- N/A
- FY2017 revenue growth
- +143.2%
- FY2018 revenue growth
- +28.0%
- FY2019 revenue growth
- +11.1%
- FY2020 revenue growth
- -18.2%
- FY2021 revenue growth
- +189.1%
- FY2022 revenue growth
- +8.9%
- FY2023 revenue growth
- -32.2%
- FY2024 revenue growth
- +28.3%
- FY2025 revenue growth
- -14.4%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $12.8M | +38.9% |
| Q4 2025 | $17.4M | +19.9% |
| Q3 2025 | $14.4M | -2.2% |
| Q2 2025 | $11.3M | -35.3% |
| Q1 2025 | $9.2M | -36.2% |
| Q4 2024 | $14.5M | -8.8% |
| Q3 2024 | $14.7M | +47.0% |
| Q2 2024 | $17.4M | +68.6% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
EDRY's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
EDRY Revenue Analysis (2016–2025)
Current Revenue & Growth
As of June 22, 2026, EuroDry Ltd. (EDRY) generated trailing twelve-month (TTM) revenue of $55.8 million, reflecting explosive growth of +38.9% year-over-year. The most recent quarter (Q1 2026) recorded $12.8 million in revenue, down 26.4% sequentially.
Historical Growth Trajectory
EDRY's 5-year compound annual growth rate (CAGR) stands at +18.6%, indicating consistent double-digit revenue growth. The 3-year CAGR of -9.4% is below the 5-year average, signalling a growth deceleration in recent years. EuroDry Ltd.'s highest annual revenue of $70.2 million was recorded in 2022.
Revenue by Segment
EDRY's revenue is primarily driven by Time Charter Revenue (100%). With over half of revenue concentrated in Time Charter Revenue, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Industrials sector peers — including SBLK (-11.6% YoY), GNK (+30336.5% YoY), and SB (-10.4% YoY) — EDRY has underperformed the peer group in revenue growth. Compare EDRY vs SBLK →
EDRY Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| EDRYCurrent | $56M | +38.9% | +18.6% | -2.2% | |
 SBLK | $1.0B | -11.6% | +8.5% | 13.5% | |
 GNK | $342M | +30336.5% | -0.8% | 2.7% | |
 SB | $276M | -10.4% | +6.8% | 25.1% | |
 SHIP | $158M | -7.5% | +20.1% | 26.0% | |
 CTRM | $66M | -19.6% | +61.8% | 2.3% |
EDRY Historical Revenue Data (2016–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $52.3M | -14.4% | $6.4M | 12.3% | $-1,170,707 | -2.2% |
| 2024 | $61.1M | +28.3% | $20.8M | 34.1% | $-3,346,049 | -5.5% |
| 2023 | $47.6M | -32.2% | $8.5M | 17.8% | $1.6M | 3.3% |
| 2022 | $70.2M | +8.9% | $37.3M | 53.1% | $34.1M | 48.6% |
| 2021 | $64.4M | +189.1% | $44.0M | 68.2% | $38.9M | 60.3% |
| 2020 | $22.3M | -18.2% | $1.6M | 7.0% | $-2,741,143 | -12.3% |
| 2019 | $27.2M | +11.1% | $7.2M | 26.5% | $3.0M | 11.0% |
| 2018 | $24.5M | +28.0% | $9.5M | 38.8% | $4.0M | 16.3% |
| 2017 | $19.2M | +143.2% | $5.1M | 26.5% | $2.6M | 13.7% |
| 2016 | $7.9M | - | $-340,726 | -4.3% | $-8,969,868 | -113.8% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
10+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
EDRY — Frequently Asked Questions
Quick answers to the most common questions about buying EDRY stock.
Is EDRY's revenue growth accelerating or slowing?
EDRY revenue growth is accelerating. TTM revenue reached $56M, up +38.9% year-over-year — ahead of the 5-year CAGR of +18.6%. This indicates the business is expanding faster than its historical baseline.
What is EDRY's revenue history from 2016 to 2026?
EuroDry Ltd. (EDRY) revenue history spans 2016 to 2026. TTM revenue as of 2026 is $56M, growing at +38.9% YoY. The 5-year CAGR is +18.6%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is EDRY's long-term revenue growth rate (CAGR)?
EuroDry Ltd.'s 5-year revenue CAGR of +18.6% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +38.9% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for EDRY.
Why does EDRY's quarterly revenue fluctuate?
EDRY quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. EuroDry Ltd.'s revenue data from 2016 to 2026 shows full historical quarterly detail on this page.
How is EDRY's revenue distributed by segment?
EDRY reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does EDRY's revenue compare to industry peers?
EuroDry Ltd. (EDRY) with TTM revenue of $56M and +38.9% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.