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

Genco Shipping & Trading's (GNK) quarterly Operating Expenses came in at $101.1 million in Q1 2026, up 24.78% year-on-year from $81.0 million in Q1 2025, and up 11.25% on a QoQ basis from $90.9 million in Q4 2025.

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

Genco Shipping & Trading (GNK) has 18 years of Operating Expenses data on file, last reported at $101.1 million in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 24.78% year-over-year to $101.1 million in Q1 2026; TTM through Mar 2026 was $354.7 million, a 10.26% increase from a year earlier, with the FY2025 full-year figure at $334.6 million, changed 0.41% from the prior year.
  • Operating Expenses for Q1 2026 stood at $101.1 million, up from $90.9 million in the prior quarter.
  • Over the last five years, Operating Expenses for GNK reached as high as $113.7 million in Q3 2023 and fell as low as $75.3 million in Q3 2024.
  • Historically, Operating Expenses has averaged $90.1 million across 5 years, with a median of $89.9 million in 2023.
  • Across the five-year window, Operating Expenses climbed 25.25% in 2023 and sank 33.78% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $96.2 million in 2022, then rose by 12.76% to $108.5 million in 2023, then slipped by 22.02% to $84.6 million in 2024, then increased by 7.44% to $90.9 million in 2025, then increased by 11.25% to $101.1 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $101.1 million in Q1 2026, $90.9 million in Q4 2025, and $77.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 ZIM Integrated Shipping Services 2,964,341.97 Bn 2,964,341.05 Bn 57.20 Mn -403.80 Mn
2 Danaos 2,542.12 Bn 2,541.24 Bn 203.71 Mn -15.99 Mn
3 Sfl 1,584.69 Bn 1,584.53 Bn 66.27 Mn 129.63 Mn
4 Capital Clean Energy Carriers 1,419.00 Bn 1,418.46 Bn 95.52 Mn 3.47 Mn
5 Globus Maritime 59.97 Bn 59.95 Bn 8,083.00 -3,255.00
6 Kirby 8.07 Bn 7.99 Bn 291.34 Mn 722.10 Mn
7 Matson 6.26 Bn 6.16 Bn - 623.90 Mn
8 Hafnia 3.73 Bn 3.62 Bn 152.41 Mn -49.23 Mn
9 Intercont (Cayman) 3.56 Bn 3.56 Bn - -
10 Genco Shipping & Trading 1.10 Bn 1.10 Bn 32.77 Mn 101.12 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 84.76 Mn