Navios Maritime Partners L.P. (NMM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 357.01M | 365.55M | 346.92M | 327.56M | 304.11M | 332.52M | 340.83M | 342.15M | 318.56M | 327.25M | 323.18M | 346.94M | 309.52M | 370.86M | 322.39M | 280.66M | 236.62M | 268.15M | 227.96M | 152.01M |
| Revenue Growth % | 17.39% | 9.93% | 1.79% | -4.27% | -4.53% | 1.61% | 5.46% | -1.38% | 2.92% | -11.76% | 0.24% | 23.61% | 30.81% | 38.31% | 41.42% | 84.63% | 263.67% | 287.31% | 253.43% | 226.56% |
| Cost of Goods Sold | 112.58M | 114.34M | 138.75M | 112M | 105.78M | 111.03M | 110.73M | 115.27M | 115.03M | 114.99M | 110.33M | 113.76M | 108.42M | 123.57M | 110.11M | 76.32M | 71.2M | 73.07M | 54.43M | 31.98M |
| COGS % of Revenue | 31.53% | 31.28% | 39.99% | 34.19% | 34.78% | 33.39% | 32.49% | 33.69% | 36.11% | 35.14% | 34.14% | 32.79% | 35.03% | 33.32% | 34.15% | 27.19% | 30.09% | 27.25% | 23.88% | 21.04% |
| Gross Profit | 244.43M | 251.21M | 208.17M | 215.56M | 198.33M | 221.49M | 230.1M | 226.88M | 203.52M | 212.26M | 212.84M | 233.18M | 201.1M | 247.29M | 212.28M | 204.34M | 165.41M | 195.07M | 173.53M | 120.03M |
| Gross Margin % | 68.47% | 68.72% | 60.01% | 65.81% | 65.22% | 66.61% | 67.51% | 66.31% | 63.89% | 64.86% | 65.86% | 67.21% | 64.97% | 66.68% | 65.85% | 72.81% | 69.91% | 72.75% | 76.12% | 78.96% |
| Gross Profit Growth % | 23.25% | 13.42% | -9.53% | -4.99% | -2.55% | 4.35% | 8.11% | -2.7% | 1.2% | -14.17% | 0.27% | 14.11% | 21.57% | 26.77% | 22.33% | 70.24% | 257.06% | 293.39% | 294.37% | 320.26% |
| Operating Expenses | 118.83M | 120.58M | 118.19M | 120.83M | 116.81M | 112.74M | 110.06M | 105.86M | 105.67M | 104.03M | 102.38M | 103.09M | 102.72M | 109.43M | 94.53M | 88.16M | 87.09M | 89.51M | 63.44M | 52.09M |
| OpEx % of Revenue | 33.29% | 32.98% | 34.07% | 36.89% | 38.41% | 33.9% | 32.29% | 30.94% | 33.17% | 31.79% | 31.68% | 29.71% | 33.18% | 29.51% | 29.32% | 31.41% | 36.81% | 33.38% | 27.83% | 34.27% |
| Selling, General & Admin | 118.83M | 120.58M | 118.19M | 120.83M | 116.81M | 112.74M | 110.06M | 105.86M | 105.67M | 104.03M | 102.38M | 103.09M | 102.72M | 109.43M | 94.53M | 88.16M | 87.09M | 89.51M | 63.44M | 52.09M |
| SG&A % of Revenue | 33.29% | 32.98% | 34.07% | 36.89% | 38.41% | 33.9% | 32.29% | 30.94% | 33.17% | 31.79% | 31.68% | 29.71% | 33.18% | 29.51% | 29.32% | 31.41% | 36.81% | 33.38% | 27.83% | 34.27% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 125.6M | 130.64M | 89.98M | 94.73M | 81.52M | 108.75M | 120.04M | 121.03M | 97.86M | 108.23M | 110.47M | 130.09M | 98.39M | 137.86M | 117.75M | 116.18M | 78.33M | 105.56M | 110.08M | 67.94M |
| Operating Margin % | 35.18% | 35.74% | 25.94% | 28.92% | 26.8% | 32.7% | 35.22% | 35.37% | 30.72% | 33.07% | 34.18% | 37.5% | 31.79% | 37.17% | 36.53% | 41.4% | 33.1% | 39.37% | 48.29% | 44.7% |
| Operating Income Growth % | 54.08% | 20.13% | -25.04% | -21.73% | -16.7% | 0.48% | 8.67% | -6.97% | -0.54% | -21.49% | -6.19% | 11.98% | 25.61% | 30.59% | 6.97% | 71% | 324.35% | 555.19% | 634.08% | 19401.42% |
| EBITDA | 125.6M | 211.1M | 196.08M | 175.52M | 157.09M | 185.64M | 192.71M | 191.44M | 166.98M | 177.36M | 164.98M | 184.13M | 152.6M | 195.86M | 186.32M | 157.86M | 127.18M | 155.96M | 146.22M | 90.06M |
| EBITDA Margin % | 35.18% | 57.75% | 56.52% | 53.58% | 51.66% | 55.83% | 56.54% | 55.95% | 52.42% | 54.2% | 51.05% | 53.07% | 49.3% | 52.81% | 57.8% | 56.25% | 53.75% | 58.16% | 64.14% | 59.25% |
| EBITDA Growth % | -20.05% | 13.71% | 1.75% | -8.32% | -5.92% | 4.67% | 16.81% | 3.97% | 9.42% | -9.45% | -11.46% | 16.64% | 19.99% | 25.58% | 27.43% | 75.29% | 264.88% | 362.98% | 355.25% | 465.92% |
| D&A (Non-Cash Add-back) | 0 | 80.46M | 106.1M | 80.78M | 75.58M | 76.89M | 72.67M | 70.42M | 69.13M | 69.13M | 54.51M | 54.04M | 54.22M | 58M | 68.57M | 41.68M | 48.86M | 50.4M | 36.13M | 22.12M |
| EBIT | 125.6M | 130.64M | 89.98M | 94.73M | 81.52M | 108.75M | 120.04M | 121.03M | 97.86M | 108.23M | 110.47M | 130.09M | 98.39M | 137.86M | 117.75M | 116.18M | 78.33M | 105.56M | 110.08M | 67.94M |
| Net Interest Income | -30.6M | -29.93M | -31.52M | -30.42M | -30.12M | -29.01M | -29.21M | -26.49M | -26.01M | -29.65M | -28.54M | -30.85M | -33.91M | -32.31M | -22.2M | -14.5M | -13.22M | -15.14M | -14.45M | -6.59M |
| Interest Income | 0 | 3.13M | 3.21M | 3.07M | 3.39M | 3.42M | 3.39M | 3.6M | 3.4M | 3.29M | 3.31M | 2.48M | 1.62M | 758K | 74K | 22K | 2K | 0 | 0 | 744K |
| Interest Expense | 30.6M | 33.05M | 34.73M | 33.48M | 33.51M | 32.42M | 32.61M | 30.09M | 29.41M | 32.94M | 31.85M | 33.33M | 35.52M | 33.07M | 22.27M | 14.52M | 13.23M | 15.14M | 14.45M | 7.33M |
| Other Income/Expense | -19.25M | -13.31M | -33.65M | -24.79M | -39.79M | -14.03M | -22.29M | -19.56M | -24.49M | 24.16M | -20.68M | -17.79M | 779K | -19.6M | 139.41M | 1.98M | 7.34M | 10.92M | 48.11M | 31.97M |
| Pretax Income | 106.34M | 117.33M | 56.33M | 69.95M | 41.73M | 94.72M | 97.75M | 101.47M | 73.36M | 132.39M | 89.78M | 112.31M | 99.17M | 118.26M | 257.16M | 118.16M | 85.67M | 116.49M | 158.19M | 99.91M |
| Pretax Margin % | 29.79% | 32.1% | 16.24% | 21.35% | 13.72% | 28.49% | 28.68% | 29.66% | 23.03% | 40.46% | 27.78% | 32.37% | 32.04% | 31.89% | 79.77% | 42.1% | 36.2% | 43.44% | 69.4% | 65.73% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 106.34M | 117.33M | 55.15M | 68.48M | 40.85M | 92.73M | 95.8M | 99.44M | 71.89M | 129.74M | 89.78M | 110.06M | 99.17M | 115.89M | 252.02M | 115.8M | 85.67M | 115.19M | 158.81M | 97.91M |
| Net Margin % | 29.79% | 32.1% | 15.9% | 20.91% | 13.43% | 27.89% | 28.11% | 29.06% | 22.57% | 39.65% | 27.78% | 31.72% | 32.04% | 31.25% | 78.17% | 41.26% | 36.2% | 42.96% | 69.67% | 64.41% |
| Net Income Growth % | 160.32% | 26.52% | -42.43% | -31.14% | -43.18% | -28.53% | 6.7% | -9.65% | -27.5% | 11.95% | -64.38% | -4.95% | 15.76% | 0.61% | 58.69% | 18.26% | -37.32% | 329.61% | 2171.68% | 768.77% |
| Net Income (Continuing) | 106.34M | 117.33M | 56.33M | 69.95M | 41.73M | 94.72M | 97.75M | 101.47M | 73.36M | 132.39M | 89.78M | 112.31M | 99.17M | 118.26M | 257.16M | 118.16M | 85.67M | 116.49M | 158.19M | 99.91M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 61.4M | 59.2M | 56.77M | 0 | 54.18M | 0 | 51.38M | 49.45M | 47.45M | 46.02M | 0 | 41.63M | 0 | 37.47M | 35.13M | 30.02M | 27.69M | 26.01M | 53.78M | 15.05M |
| EPS (Diluted) | 3.64 | 3.99 | 1.90 | 2.34 | 1.38 | 3.13 | 3.20 | 3.30 | 2.38 | 4.30 | 2.91 | 3.65 | 3.22 | 3.84 | 8.35 | 3.83 | 2.78 | 3.79 | 5.95 | 4.31 |
| EPS Growth % | 163.77% | 27.48% | -40.63% | -29.09% | -42.02% | -27.21% | 9.97% | -9.59% | -26.09% | 11.98% | -65.15% | -4.7% | 15.83% | 1.32% | 40.34% | -11.14% | -76.22% | 186.33% | 844.44% | 419.26% |
| EPS (Basic) | 3.64 | 3.99 | 1.90 | 2.34 | 1.38 | 3.13 | 3.20 | 3.30 | 2.38 | 4.30 | 2.92 | 3.65 | 3.22 | 3.84 | 8.36 | 3.84 | 2.78 | 3.81 | 5.97 | 4.32 |
| Diluted Shares Outstanding | 29.21M | 29.41M | 28.97M | 29.58M | 29.58M | 29.8M | 30.55M | 30.18M | 30.18M | 30.18M | 30.8M | 30.18M | 30.8M | 30.18M | 30.18M | 30.2M | 30.2M | 26.71M | 26.71M | 22.74M |
| Basic Shares Outstanding | 29.21M | 29.41M | 28.97M | 29.58M | 29.58M | 29.8M | 30.55M | 30.18M | 30.18M | 30.18M | 30.18M | 30.18M | 30.18M | 30.18M | 30.15M | 30.15M | 30.15M | 26.62M | 26.62M | 22.65M |
| Dividend Payout Ratio | 1.37% | 1.24% | 2.85% | 2.18% | 3.7% | 1.64% | 1.6% | 1.55% | 2.14% | 1.19% | 1.72% | 1.4% | 1.55% | 1.37% | 0.5% | 1.33% | 1.8% | 1.34% | 0.86% | 1.15% |