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| Date | Value |
|---|---|
| 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 |