Genco Shipping & Trading (GNK) Gross Profit (2009 - 2026)
Genco Shipping & Trading (GNK) posted quarterly Gross Profit of $32.8 million for Q1 2026, up 87.46% year-over-year from $17.5 million in Q1 2025, and down 79.24% quarter-over-quarter from $157.9 million in Q4 2025.
Genco Shipping & Trading (GNK) Gross Profit (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Gross Profit for 18 consecutive years, with $32.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Profit rose 87.46% year-over-year to $32.8 million; the TTM figure through Mar 2026 stood at $236.0 million (up 86.66% YoY), while the FY2025 annual figure was $220.7 million, up 66.48% from the prior year.
- Gross Profit declined to $32.8 million in Q1 2026 per GNK's latest filing, from $157.9 million in the prior quarter.
- Across five years, Gross Profit topped out at $157.9 million in Q4 2025 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Gross Profit soared 18541.65% — and 2024, when it slumped 65.62%.
- Genco Shipping & Trading's Gross Profit stood at $106.1 million in 2022, then declined by 15.01% to $90.1 million in 2023, then plunged by 65.62% to $31.0 million in 2024, then surged by 409.34% to $157.9 million in 2025, then slumped by 79.24% to $32.8 million in 2026.
- Business Quant data shows GNK's Gross Profit at $32.8 million in Q1 2026, $157.9 million in Q4 2025, and $24.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 7 | Okeanis Eco Tankers | 2.45 Bn | 2.23 Bn | 12,231.53 Bn |
| 8 | Navios Maritime Partners | 2.38 Bn | 1.97 Bn | 326.09 Mn |
| 9 | Costamare | 1.81 Bn | 1.51 Bn | 185.32 Mn |
| 10 | Genco Shipping & Trading | 1.14 Bn | 1.14 Bn | 92.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 92.30 Mn |
| Jun 30, 2026 | 92.30 Mn |
| 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 |