Genco Shipping & Trading (GNK) Gross Profit (2009 - 2026)
Genco Shipping & Trading's (GNK) quarterly Gross Profit came in at $32.8 million in Q1 2026, up 87.46% year-on-year from $17.5 million in Q1 2025, and down 79.24% on a QoQ basis from $157.9 million in Q4 2025.
Genco Shipping & Trading (GNK) Gross Profit (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has 18 years of Gross Profit data on file, last reported at $32.8 million in Q1 2026.
- On a quarterly basis, Gross Profit rose 87.46% year-over-year to $32.8 million in Q1 2026; TTM through Mar 2026 was $236.0 million, a 86.66% increase from a year earlier, with the FY2025 full-year figure at $220.7 million, up 66.48% from the prior year.
- Gross Profit for Q1 2026 stood at $32.8 million, down from $157.9 million in the prior quarter.
- Over the last five years, Gross Profit for GNK reached as high as $157.9 million in Q4 2025 and fell as low as $17.5 million in Q1 2025.
- Historically, Gross Profit has averaged $66.4 million across 5 years, with a median of $58.6 million in 2023.
- Across the five-year window, Gross Profit jumped 18541.65% in 2022 and plunged 65.62% in 2024, its largest moves.
- Year by year, Gross Profit stood at $106.1 million in 2022, then retreated by 15.01% to $90.1 million in 2023, then plunged by 65.62% to $31.0 million in 2024, then jumped by 409.34% to $157.9 million in 2025, then slumped by 79.24% to $32.8 million in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $32.8 million in Q1 2026, $157.9 million in Q4 2025, and $24.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - |
| 10 | Genco Shipping & Trading | 1.10 Bn | 1.10 Bn | 32.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.77 Mn |
| Mar 31, 2026 | 32.77 Mn |
| Dec 31, 2025 | 157.87 Mn |
| Dec 31, 2025 | 157.87 Mn |
| Sep 30, 2025 | 24.30 Mn |
| Sep 30, 2025 | 24.30 Mn |
| Jun 30, 2025 | 21.07 Mn |
| Jun 30, 2025 | 21.07 Mn |
| Mar 31, 2025 | 17.48 Mn |
| Mar 31, 2025 | 17.48 Mn |
| Dec 31, 2024 | 31.00 Mn |
| Dec 31, 2024 | 31.00 Mn |
| Sep 30, 2024 | 36.82 Mn |
| Sep 30, 2024 | 36.82 Mn |
| Jun 30, 2024 | 41.14 Mn |
| Jun 30, 2024 | 41.14 Mn |
| Mar 31, 2024 | 41.43 Mn |
| Mar 31, 2024 | 41.43 Mn |
| Dec 31, 2023 | 90.15 Mn |
| Dec 31, 2023 | 90.15 Mn |