Genco Shipping & Trading (GNK) Gross Profit (2009 - 2026)
Genco Shipping & Trading's (GNK) quarterly Gross Profit came in at $92.3 million in Q2 2026, up 96.78% year-over-year from $46.9 million in Q2 2025, and up 28.16% quarter-over-quarter from $72.0 million in Q1 2026.
Analysis
Genco Shipping & Trading (GNK) Gross Profit (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Gross Profit for 18 consecutive years, with $92.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Profit rose 96.78% year-over-year to $92.3 million in Q2 2026; TTM through Jun 2026 was $296.5 million, a 32.09% increase from a year earlier, with the FY2025 full-year figure at $220.7 million, down 23.11% from the prior year.
- Gross Profit was $92.3 million for Q2 2026 at Genco Shipping & Trading, up from $72.0 million in the prior quarter.
- Over five years, Gross Profit peaked at $113.9 million in Q3 2022 and troughed at $41.6 million in Q1 2025.
- A 5-year average of $77.6 million and a median of $73.2 million in 2024 frame the typical range for Gross Profit.
- Across the five-year window, Gross Profit tumbled 48.53% in 2023 and surged 96.78% in 2026, its largest moves.
- Over 5 years, Gross Profit stood at $106.1 million in 2022, then slipped by 15.01% to $90.1 million in 2023, then slipped by 26.68% to $66.1 million in 2024, then rose by 16.76% to $77.2 million in 2025, then grew by 19.6% to $92.3 million in 2026.
- The last three Gross Profit figures came in at $92.3 million (Q2 2026), $72.0 million (Q1 2026), and $77.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn |
| 10 | Genco Shipping & Trading | 1.17 Bn | 1.17 Bn | 92.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 92.30 Mn |
| Mar 31, 2026 | 72.02 Mn |
| Dec 31, 2025 | 77.17 Mn |
| Sep 30, 2025 | 55.01 Mn |
| Jun 30, 2025 | 46.90 Mn |
| Mar 31, 2025 | 41.64 Mn |
| Dec 31, 2024 | 66.09 Mn |
| Sep 30, 2024 | 69.82 Mn |
| Jun 30, 2024 | 74.41 Mn |
| Mar 31, 2024 | 76.74 Mn |
| Dec 31, 2023 | 90.15 Mn |
| Sep 30, 2023 | 58.62 Mn |
| Jun 30, 2023 | 67.97 Mn |
| Mar 31, 2023 | 70.00 Mn |
| Dec 31, 2022 | 106.07 Mn |
| Sep 30, 2022 | 113.88 Mn |
| Jun 30, 2022 | 108.30 Mn |
| Mar 31, 2022 | 109.21 Mn |
| Dec 31, 2021 | 160.81 Mn |
| Sep 30, 2021 | 133.46 Mn |