EuroDry
Logotype for EuroDry Ltd

EuroDry (EDRY) investor relations material

EuroDry Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for EuroDry Ltd
Q4 2025 earnings summary20 Feb, 2026

Executive summary

  • Q4 2025 net revenues were $17.4 million, up 19.9% year-over-year, with net income of $3.2 million and adjusted EBITDA of $7.5 million, reflecting a strong recovery and profitability driven by higher charter rates and vessel sales.

  • Full year 2025 net revenues were $52.3 million, down 14.4% year-over-year, but adjusted EBITDA rose 33% to $12.55 million.

  • Share repurchase program extended to August 2026, with $5.3 million spent to date on 334,674 shares.

  • Fleet renewal ongoing, with sale of older vessels and two new Ultramax vessels under construction for 2027 delivery.

Financial highlights

  • Q4 2025 net income was $3.2 million, compared to a loss of $6.2 million in Q4 2024; adjusted EBITDA for Q4 2025 was $7.5 million, up over 300% year-over-year.

  • Q4 2025 EPS was $1.14 (basic/diluted), compared to a loss of $2.28 in Q4 2024; adjusted EPS for Q4 2025 was $0.88.

  • Full-year 2025 adjusted loss per share improved to $2.50 from $4.10 in 2024.

  • Operating expenses per vessel per day rose to $7,127 in Q4 2025 from $6,391 in Q4 2024.

  • Utilization rates remained high: 100% commercial and 99.6% operational in Q4 2025.

Outlook and guidance

  • Fixed rate coverage for 2026 stands at 22%, with plans to secure more long-term charters if rates remain strong.

  • 2026 market expected to be similar to 2025, with ongoing uncertainties from geopolitical and economic factors.

  • Fleet expansion planned with two new Ultramax vessels delivering in 2027.

Future fleet modernization plans
Target for long-term charter coverage
Impact of Simandou project on dry bulk demand?
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next EuroDry earnings date

Logotype for EuroDry Ltd
Q1 20264 Jun, 2026
EuroDry
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next EuroDry earnings date

Logotype for EuroDry Ltd
Q1 20264 Jun, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

EuroDry Ltd. is a maritime transport company based in Greece, specializing in the provision of ocean-going transportation services globally. The company operates a fleet of drybulk carriers designed to transport major bulk commodities like iron ore, coal, and grains, as well as minor bulks such as bauxite, phosphate, and fertilizers. The company is headquartered in Marousi, Greece, and its shares are listed on the NASDAQ.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage