NASDAQ$GLBS
Globus Maritime Ltd · Q1 2026 earnings
Q1 2026 earnings · · After market close · Investor relations
Briefing
Globus Maritime Ltd reported strong Q1 2026 results with revenue growth and return to profitability driven by higher TCE rates.
Globus Maritime Limited reported unaudited financial results for the quarter ended March 31, 2026, showing revenue of $12.248 million, up 42% year-over-year, and net income of $1.089 million ($0.05 EPS) compared to a loss in the prior year. Adjusted EBITDA reached $6.198 million, supported by a TCE rate of $15,706 per day. The company operated an average of 9 vessels with 98.5% utilization.
- Revenue increased 42% to $12.248 million from $8.619 million in Q1 2025, primarily due to higher daily TCE rates.
- Net income of $1.089 million ($0.05 EPS) versus a $1.482 million loss ($0.07 loss per share) in the prior-year quarter.
- Adjusted EBITDA rose to $6.198 million from $1.971 million year-over-year.
- TCE rate improved 68% to $15,706 per day; fleet utilization remained strong at 98.5% with average 9 vessels.
Headline financials
Revenue & EPS history
Globus · Revenue · Quarterly
$12.2M
Forward guidance
Early Q2 trends are encouraging and compare favorably with Q1; two fuel-efficient Ultramax newbuildings expected in H2 2026.
Tailwinds
- Seasonal demand drivers expected to support activity
- Modern fleet and strong balance sheet position company well
Headwinds
- Potential modest increases in operating costs from geopolitical disruptions
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2026
+0.5%
Avg return
Earnings day
-5.5%
Avg return
5 days after
-8.9%
Avg return
30 days after
33%
21 / 63 earnings
Positive
+76.7%
Q4 2015
Best reaction
-40.3%
Q3 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.8% | +1.9% | — | |
| Q4 2026 | +1.2% | +1.8% | +20.1% | |
| Q3 2025 | +5.5% | +35.3% | +28.7% | |
| Q2 2025 | -4.8% | -10.8% | -4.6% | |
| Q4 2024 | -2.3% | -3.1% | -7.8% | |
| Q3 2024 | +2.1% | -1.4% | -18.6% | |
| Q1 2024 | -1.4% | -5.2% | -10.9% | |
| Q4 2023 | +0.0% | +0.4% | -4.0% | |
| Q3 2023 | +23.6% | +22.3% | +85.1% | |
| Q2 2023 | -1.1% | +4.3% | +133.7% | |
| Q1 2023 | -2.1% | -2.1% | -4.3% | |
| Q4 2022 | +0.0% | +1.8% | -1.8% | |
| Q3 2022 | -4.5% | -8.2% | -18.7% | |
| Q2 2022 | -1.1% | -3.3% | -14.2% | |
| Q1 2022 | +3.8% | -1.7% | -30.8% | |
| Q4 2021 | -4.4% | +12.7% | -4.9% | |
| Q3 2021 | -8.4% | -8.4% | -14.7% | |
| Q2 2021 | -5.1% | -6.7% | -5.4% | |
| Q1 2021 | +3.4% | +4.6% | -42.0% | |
| Q4 2020 | -8.9% | -7.6% | -4.0% | |
| Q3 2020 | -18.7% | -26.8% | -37.3% | |
| Q2 2020 | +50.0% | +30.0% | -21.4% | |
| Q1 2020 | +16.7% | -3.0% | -60.6% | |
| Q4 2019 | -23.6% | -26.4% | +0.0% | |
| Q3 2019 | +1.6% | -4.0% | -20.6% | |
| Q2 2019 | -15.6% | -17.7% | -4.1% | |
| Q1 2019 | -11.5% | -13.2% | -18.4% | |
| Q4 2018 | -11.7% | -35.8% | -36.8% | |
| Q3 2018 | +31.3% | -11.3% | -44.0% | |
| Q2 2018 | -8.0% | -16.0% | +19.8% | |
| Q1 2018 | -2.5% | -13.6% | -34.6% | |
| Q4 2017 | -8.8% | -11.4% | -36.0% | |
| Q3 2017 | +12.2% | -11.5% | -10.7% | |
| Q2 2017 | -10.4% | -11.3% | -2.8% | |
| Q1 2017 | -6.6% | -16.2% | -22.8% | |
| Q4 2016 | -2.6% | -15.1% | -52.9% | |
| Q3 2016 | -40.3% | -39.1% | -1.5% | |
| Q2 2016 | +0.0% | +7.7% | -26.2% | |
| Q4 2015 | +76.7% | — | — | |
| Q1 2016 | +25.0% | — | — | |
| Q3 2015 | +3.2% | — | — | |
| Q2 2015 | -5.2% | — | — | |
| Q1 2015 | -2.2% | — | — | |
| Q4 2014 | +14.8% | — | — | |
| Q3 2014 | -6.8% | — | — | |
| Q2 2014 | +8.5% | — | — | |
| Q1 2014 | -0.3% | — | — | |
| Q4 2013 | -7.8% | — | — | |
| Q3 2013 | +10.3% | — | — | |
| Q2 2013 | +3.3% | — | — | |
| Q1 2013 | -4.5% | — | — | |
| Q4 2012 | -3.3% | — | — | |
| Q3 2012 | -6.2% | — | — | |
| Q2 2012 | -6.6% | — | — | |
| Q1 2012 | -22.5% | — | — | |
| Q4 2011 | +10.3% | — | — | |
| Q3 2011 | +2.6% | — | — | |
| Q2 2011 | +0.0% | — | — | |
| Q1 2011 | -0.6% | — | — | |
| Q4 2010 | +2.5% | — | — | |
| Q3 2010 | +0.0% | — | — | |
| Q2 2010 | +0.0% | — | — | |
| Q1 2010 | +0.0% | — | — |
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