Genco Shipping & Trading GNK
NYSE GNK
$26.81 -0.84 (-3.06%)
As of: Sep 8, 2026 · 3:59 PM EDT

Genco Shipping & Trading (GNK) Operating Expenses (2009 - 2026)

Genco Shipping & Trading's (GNK) quarterly Operating Expenses came in at $114.7 million in Q2 2026, up 34.58% year-over-year from $85.2 million in Q2 2025, and up 13.4% quarter-over-quarter from $101.1 million in Q1 2026.

Analysis

Genco Shipping & Trading (GNK) Operating Expenses (2009 - 2026) Analysis & Trends

Genco Shipping & Trading (GNK) has reported Operating Expenses for 18 consecutive years, with $114.7 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 34.58% year-over-year to $114.7 million in Q2 2026; TTM through Jun 2026 was $384.1 million, a 17.78% increase from a year earlier, with the FY2025 full-year figure at $334.6 million, changed 0.41% from the prior year.
  • Operating Expenses was $114.7 million for Q2 2026 at Genco Shipping & Trading, up from $101.1 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $114.7 million in Q2 2026 and troughed at $75.3 million in Q3 2024.
  • A 5-year average of $91.4 million and a median of $90.4 million in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses plunged 33.78% in 2024 and soared 34.58% in 2026, its largest moves.
  • Over 5 years, Operating Expenses stood at $96.2 million in 2022, then advanced by 12.76% to $108.5 million in 2023, then declined by 22.02% to $84.6 million in 2024, then gained by 7.44% to $90.9 million in 2025, then climbed by 26.15% to $114.7 million in 2026.
  • The last three Operating Expenses figures came in at $114.7 million (Q2 2026), $101.1 million (Q1 2026), and $90.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - 347.18 Mn
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn 800.04 Mn
3 Matson 6.76 Bn 6.64 Bn - 810.50 Mn
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn 168.38 Mn
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn -47.20 Mn
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn -783.93 Mn
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn -10.41 Mn
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn -419.60 Mn
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn 202.38 Mn
10 Genco Shipping & Trading 1.17 Bn 1.17 Bn 92.30 Mn 114.66 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 114.66 Mn
Mar 31, 2026 101.12 Mn
Dec 31, 2025 90.89 Mn
Sep 30, 2025 77.45 Mn
Jun 30, 2025 85.20 Mn
Mar 31, 2025 81.04 Mn
Dec 31, 2024 84.59 Mn
Sep 30, 2024 75.30 Mn
Jun 30, 2024 80.73 Mn
Mar 31, 2024 95.34 Mn
Dec 31, 2023 108.48 Mn
Sep 30, 2023 113.71 Mn
Jun 30, 2023 77.53 Mn
Mar 31, 2023 89.95 Mn
Dec 31, 2022 96.20 Mn
Sep 30, 2022 90.79 Mn
Jun 30, 2022 88.57 Mn
Mar 31, 2022 94.13 Mn
Dec 31, 2021 90.10 Mn
Sep 30, 2021 89.88 Mn