Genco Shipping & Trading (GNK) Change in Accured Expenses (2009 - 2026)
Genco Shipping & Trading (GNK) posted quarterly Change in Accured Expenses of -$2.9 million for Q1 2026, down 178.59% year-over-year from $3.7 million in Q1 2025, and up 79.61% quarter-over-quarter from -$14.4 million in Q4 2025.
Genco Shipping & Trading (GNK) Change in Accured Expenses (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Change in Accured Expenses for 18 consecutive years, with -$2.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Accured Expenses fell 178.59% year-over-year to -$2.9 million; the TTM figure through Mar 2026 stood at -$4.6 million (down 161.25% YoY), while the FY2025 annual figure was $2.1 million, down 78.49% from the prior year.
- Change in Accured Expenses grew to -$2.9 million in Q1 2026 per GNK's latest filing, from -$14.4 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $11.4 million in Q2 2022 and bottomed at -$14.4 million in Q4 2025.
- Historically, Change in Accured Expenses has averaged $259117.6 across 5 years, with a median of -$97000.0 in 2023.
- Annual changes were most pronounced in 2024 — Change in Accured Expenses soared 6111.34% — and 2025, when it tumbled 907.74%.
- Genco Shipping & Trading's Change in Accured Expenses stood at -$9.5 million in 2022, then surged by 76.48% to -$2.2 million in 2023, then soared by 179.99% to $1.8 million in 2024, then sank by 907.74% to -$14.4 million in 2025, then surged by 79.61% to -$2.9 million in 2026.
- Business Quant data shows GNK's Change in Accured Expenses at -$2.9 million in Q1 2026, -$14.4 million in Q4 2025, and $7.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.46 Bn | 7.42 Bn | 290.80 Mn | - |
| 2 | Matson | 6.58 Bn | 6.46 Bn | - | - |
| 3 | Hafnia | 3.91 Bn | 3.80 Bn | 152.41 Mn | - |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.55 Bn | 57.20 Mn | - |
| 5 | Star Bulk Carriers | 3.37 Bn | 2.87 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 11.82 Mn |
| 7 | Okeanis Eco Tankers | 2.45 Bn | 2.23 Bn | 12,231.53 Bn | -795,355.00 |
| 8 | Navios Maritime Partners | 2.38 Bn | 1.97 Bn | 326.09 Mn | 7.96 Mn |
| 9 | Costamare | 1.81 Bn | 1.51 Bn | 185.32 Mn | -161,000.00 |
| 10 | Genco Shipping & Trading | 1.14 Bn | 1.14 Bn | 92.30 Mn | 3.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.51 Mn |
| Jun 30, 2026 | 3.51 Mn |
| Mar 31, 2026 | -2.94 Mn |
| Mar 31, 2026 | -2.94 Mn |
| Dec 31, 2025 | -14.40 Mn |
| Dec 31, 2025 | -14.40 Mn |
| Sep 30, 2025 | 7.55 Mn |
| Sep 30, 2025 | 7.55 Mn |
| Jun 30, 2025 | 5.19 Mn |
| Jun 30, 2025 | 5.19 Mn |
| Mar 31, 2025 | 3.74 Mn |
| Mar 31, 2025 | 3.74 Mn |
| Dec 31, 2024 | 1.78 Mn |
| Dec 31, 2024 | 1.78 Mn |
| Sep 30, 2024 | 4.93 Mn |
| Sep 30, 2024 | 4.93 Mn |
| Jun 30, 2024 | -2.93 Mn |
| Jun 30, 2024 | -2.93 Mn |
| Mar 31, 2024 | 5.83 Mn |
| Mar 31, 2024 | 5.83 Mn |