Genco Shipping & Trading (GNK) Gross Profit (2009 - 2026)

Genco Shipping & Trading (GNK) reported Gross Profit of $39.2 million for Q1 2026, up 124.56% year-over-year from $17.5 million in Q1 2025, and up 269.64% quarter-over-quarter from -$23.1 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 $39.2 million in Q1 2026.

  • Gross Profit for Q1 2026 came in at $39.2 million, up 124.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $66.2 million (down 53.32% YoY), and the FY2025 annual result was $120.4 million, down 9.18% from the prior year.
  • Gross Profit rose to $39.2 million in Q1 2026 per GNK's latest filing, from -$23.1 million in the prior quarter.
  • Over five years, Gross Profit peaked at $113.9 million in Q3 2022 and troughed at -$23.1 million in Q4 2025.
  • A 5-year average of $57.3 million and a median of $58.6 million in 2023 frame the typical range for Gross Profit.
  • The sharpest annual moves came in 2025 and 2026: Gross Profit sank 275.43% in 2025, then surged 124.56% in 2026.
  • A 5-year view of Gross Profit shows it stood at $106.1 million in 2022, then dropped by 15.01% to $90.1 million in 2023, then sank by 85.37% to $13.2 million in 2024, then slumped by 275.43% to -$23.1 million in 2025, then soared by 269.64% to $39.2 million in 2026.
  • Business Quant data shows GNK's Gross Profit at $39.2 million in Q1 2026, -$23.1 million in Q4 2025, and $24.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn
3 Matson 5.69 Bn 5.59 Bn -
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn
7 Costamare 1.93 Bn 1.42 Bn -
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn -
10 Genco Shipping & Trading 1.08 Bn 1.08 Bn 39.25 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 39.25 Mn
Mar 31, 2026 39.25 Mn
Dec 31, 2025 -23.14 Mn
Dec 31, 2025 -23.14 Mn
Sep 30, 2025 24.30 Mn
Sep 30, 2025 24.30 Mn
Jun 30, 2025 25.83 Mn
Jun 30, 2025 25.83 Mn
Mar 31, 2025 17.48 Mn
Mar 31, 2025 17.48 Mn
Dec 31, 2024 13.19 Mn
Dec 31, 2024 13.19 Mn
Sep 30, 2024 36.82 Mn
Sep 30, 2024 36.82 Mn
Jun 30, 2024 74.41 Mn
Jun 30, 2024 74.41 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