Euroseas Ltd. (ESEA) 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 | 55.84M | 57.39M | 56.91M | 57.23M | 56.35M | 53.31M | 54.15M | 58.72M | 46.72M | 49.06M | 50.67M | 47.7M | 41.94M | 42.89M | 45.96M | 48.48M | 45.37M | 38.25M | 23.04M | 18.29M |
| Revenue Growth % | -0.9% | 7.65% | 5.1% | -2.54% | 20.61% | 8.66% | 6.87% | 23.12% | 11.4% | 14.39% | 10.25% | -1.62% | -7.57% | 12.11% | 99.46% | 165.05% | 217.09% | 217.88% | 86.89% | 35.4% |
| Cost of Goods Sold | 18.11M | 18.95M | 21.19M | 20.65M | 22.34M | 22.7M | 20.08M | 19.29M | 23.49M | 19.41M | 17.43M | 16.54M | 16.11M | 20.44M | 19.02M | 14.45M | 14.26M | 11.95M | 12.21M | 8.83M |
| COGS % of Revenue | 32.43% | 33.02% | 37.23% | 36.09% | 39.64% | 42.59% | 37.08% | 32.85% | 50.29% | 39.57% | 34.4% | 34.68% | 38.42% | 47.66% | 41.39% | 29.81% | 31.43% | 31.25% | 52.98% | 48.29% |
| Gross Profit | 37.73M | 38.44M | 35.72M | 36.58M | 34.01M | 30.6M | 34.07M | 39.44M | 23.22M | 29.65M | 33.23M | 31.15M | 25.82M | 22.45M | 26.93M | 34.03M | 31.11M | 26.3M | 10.83M | 9.46M |
| Gross Margin % | 67.57% | 66.98% | 62.77% | 63.91% | 60.36% | 57.41% | 62.92% | 67.15% | 49.71% | 60.43% | 65.6% | 65.32% | 61.58% | 52.34% | 58.61% | 70.19% | 68.57% | 68.75% | 47.02% | 51.71% |
| Gross Profit Growth % | 10.94% | 25.61% | 4.85% | -7.24% | 46.44% | 3.23% | 2.5% | 26.58% | -10.06% | 32.06% | 23.4% | -8.45% | -17% | -14.64% | 148.61% | 259.77% | 451.74% | 846.74% | 421.86% | 290.25% |
| Operating Expenses | 3.69M | 4.51M | 3.21M | 3.2M | -6.48M | 3.97M | 3.41M | -2.9M | 2.83M | 1.96M | -1.73K | 2.34M | -3.87M | 987.74K | 2.24M | 2.15M | 2.51M | 2.34M | 1.8M | 721.49K |
| OpEx % of Revenue | 6.62% | 7.86% | 5.65% | 5.59% | -11.49% | 7.45% | 6.3% | -4.94% | 6.07% | 3.99% | -0% | 4.91% | -9.22% | 2.3% | 4.87% | 4.44% | 5.52% | 6.11% | 7.8% | 3.94% |
| Selling, General & Admin | 1.7M | 4.51M | 1.21M | 1.39M | 1.78M | -3.09M | 1.38M | 1.13M | 1.24M | 3.04M | 2.37M | 1.17M | 2.58M | 2.95M | 2.24M | 2.15M | 2.16M | 2.34M | 1.8M | 1.8M |
| SG&A % of Revenue | 3.05% | 7.86% | 2.13% | 2.43% | 3.16% | -5.8% | 2.55% | 1.92% | 2.66% | 6.2% | 4.67% | 2.45% | 6.16% | 6.87% | 4.87% | 4.44% | 4.75% | 6.11% | 7.8% | 9.85% |
| 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 | 1000K | 0 | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | -1000K | 0 | 0 | 350K | 0 | 0 | -1000K |
| Operating Income | 34.03M | 33.93M | 32.51M | 33.38M | 40.48M | 26.63M | 30.66M | 42.34M | 20.39M | 27.69M | 33.24M | 28.81M | 29.69M | 21.46M | 24.7M | 31.88M | 28.61M | 23.96M | 9.04M | 8.74M |
| Operating Margin % | 60.95% | 59.13% | 57.12% | 58.32% | 71.85% | 49.96% | 56.62% | 72.09% | 43.64% | 56.44% | 65.6% | 60.41% | 70.8% | 50.04% | 53.74% | 65.76% | 63.05% | 62.64% | 39.22% | 47.77% |
| Operating Income Growth % | -15.94% | 27.41% | 6.03% | -21.16% | 98.55% | -3.81% | -7.76% | 46.93% | -31.32% | 29.02% | 34.58% | -9.61% | 3.79% | -10.44% | 173.31% | 264.86% | 615.43% | 1151.27% | 601.78% | 202.18% |
| EBITDA | 40.71M | 40.71M | 39.04M | 40.64M | 48.53M | 34.06M | 37.34M | 49.16M | 25.83M | 33.68M | 39.19M | 34.43M | 34.96M | 26.81M | 30.04M | 35.98M | 32.33M | 26.37M | 10.63M | 10.33M |
| EBITDA Margin % | 72.92% | 70.93% | 68.6% | 71% | 86.13% | 63.89% | 68.96% | 83.71% | 55.29% | 68.66% | 77.34% | 72.18% | 83.37% | 62.51% | 65.37% | 74.23% | 71.25% | 68.95% | 46.15% | 56.5% |
| EBITDA Growth % | -16.1% | 19.52% | 4.56% | -17.33% | 87.87% | 1.11% | -4.72% | 42.78% | -26.12% | 25.65% | 30.44% | -4.32% | 8.16% | 1.64% | 182.56% | 248.23% | 477.79% | 649.48% | 266.3% | 127.06% |
| D&A (Non-Cash Add-back) | 6.68M | 6.77M | 6.53M | 7.26M | 8.05M | 7.43M | 6.68M | 6.82M | 5.44M | 6M | 5.95M | 5.61M | 5.27M | 5.35M | 5.35M | 4.11M | 3.72M | 2.41M | 1.6M | 1.6M |
| EBIT | 34.03M | 43.92M | 33.38M | 33.83M | 40.82M | 27.9M | 30.89M | 42.8M | 21.8M | 27.23M | 34.03M | 30.08M | 29.64M | 21.93M | 26.55M | 31.88M | 30.95M | 23.54M | 9.09M | 8.63M |
| Net Interest Income | -1.31M | -2.63M | -2.77M | -3.37M | -3.4M | -2.73M | -2.56M | -1.72M | -1.25M | -2.01M | -1.42M | -934.29K | -656.32K | -1.35M | -1.31M | -1.13M | -1.01M | -776.11K | -620.39K | -686.62K |
| Interest Income | 1.7M | 795.85K | 918.65K | 595.12K | 509.6K | 782.59K | 697.84K | 331.42K | 547.39K | 498.66K | 409.33K | 265.43K | 231.35K | 248.76K | 17.72K | 266 | 681 | 541 | 1.01K | 740 |
| Interest Expense | 3.01M | 3.43M | 3.69M | 3.97M | 3.91M | 3.51M | 3.26M | 2.05M | 1.8M | 2.51M | 1.83M | 1.2M | 887.67K | 1.6M | 1.33M | 1.13M | 1.01M | 776.65K | 621.41K | 687.36K |
| Other Income/Expense | -1.51M | 6.56M | -2.81M | -3.52M | -3.57M | -2.24M | -3.02M | -1.59M | -387.76K | -2.97M | -1.04M | 60.82K | -935.24K | -1.12M | 527.58K | -1.13M | 1.33M | -1.2M | -571.81K | -790.65K |
| Pretax Income | 32.52M | 40.49M | 29.7M | 29.86M | 36.91M | 24.39M | 27.63M | 40.75M | 20M | 24.72M | 32.2M | 28.88M | 28.75M | 20.34M | 25.22M | 30.75M | 29.94M | 22.76M | 8.46M | 7.95M |
| Pretax Margin % | 58.24% | 70.56% | 52.18% | 52.17% | 65.51% | 45.76% | 51.03% | 69.39% | 42.81% | 50.38% | 63.55% | 60.54% | 68.57% | 47.42% | 54.89% | 63.43% | 65.98% | 59.51% | 36.74% | 43.45% |
| 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 | 32.52M | 40.49M | 29.7M | 29.86M | 36.91M | 24.39M | 27.63M | 40.75M | 20M | 24.72M | 32.2M | 28.88M | 28.75M | 20.34M | 25.22M | 30.75M | 29.94M | 22.76M | 8.46M | 7.95M |
| Net Margin % | 58.24% | 70.56% | 52.18% | 52.17% | 65.51% | 45.76% | 51.03% | 69.39% | 42.81% | 50.38% | 63.55% | 60.54% | 68.57% | 47.42% | 54.89% | 63.43% | 65.98% | 59.51% | 36.74% | 43.45% |
| Net Income Growth % | -11.91% | 66.02% | 7.47% | -26.72% | 84.55% | -1.31% | -14.18% | 41.12% | -30.44% | 21.54% | 27.66% | -6.09% | -3.95% | -10.66% | 198% | 286.96% | 689.86% | 3856.73% | 3767.04% | 515.85% |
| Net Income (Continuing) | 32.52M | 40.49M | 29.7M | 29.86M | 36.91M | 24.39M | 27.63M | 40.75M | 20M | 24.72M | 32.2M | 28.88M | 28.75M | 20.34M | 25.22M | 30.75M | 29.94M | 22.76M | 8.46M | 7.95M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 4.65 | 5.79 | 4.25 | 4.29 | 5.29 | 3.49 | 3.95 | 5.84 | 2.87 | 3.56 | 4.65 | 4.15 | 7.28 | 2.86 | 3.50 | 4.26 | 4.13 | 3.13 | 1.17 | 1.11 |
| EPS Growth % | -12.1% | 65.9% | 7.59% | -26.54% | 84.32% | -1.97% | -15.05% | 40.72% | -60.58% | 24.48% | 32.86% | -2.58% | 76.27% | -8.63% | 199.15% | 283.78% | 679.25% | 4371.43% | 11600% | 455% |
| EPS (Basic) | 4.67 | 5.82 | 4.28 | 4.32 | 5.31 | 3.51 | 3.97 | 5.89 | 2.89 | 3.58 | 4.67 | 4.17 | 7.29 | 2.87 | 3.50 | 4.26 | 4.15 | 3.14 | 1.18 | 1.12 |
| Diluted Shares Outstanding | 6.99M | 6.99M | 6.98M | 6.95M | 6.97M | 6.99M | 6.99M | 6.98M | 6.97M | 6.94M | 6.93M | 6.96M | 7.01M | 7.1M | 7.21M | 7.21M | 7.25M | 7.24M | 7.24M | 6.83M |
| Basic Shares Outstanding | 6.96M | 6.96M | 6.95M | 6.92M | 6.96M | 6.99M | 6.95M | 6.92M | 6.92M | 6.91M | 6.9M | 6.92M | 7M | 7.08M | 7.2M | 7.21M | 7.22M | 7.21M | 7.2M | 6.78M |
| Dividend Payout Ratio | 16.06% | 12.24% | 31.93% | - | 12.24% | 17.65% | 15.29% | 10.2% | 20.77% | 14.25% | 10.89% | 11.97% | 12.16% | 17.63% | 14.29% | 11.76% | - | - | - | - |