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

Genco Shipping & Trading's (GNK) quarterly Operating Income came in at $13.3 million in Q1 2026, up 236.25% year-on-year from $4.0 million in Q1 2025, and down 30.06% on a QoQ basis from $19.0 million in Q4 2025.

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

Genco Shipping & Trading (GNK) has 18 years of Operating Income data on file, last reported at $13.3 million in Q1 2026.

  • On a quarterly basis, Operating Income rose 236.25% year-over-year to $13.3 million in Q1 2026; TTM through Mar 2026 was $30.6 million, a 44.64% decrease from a year earlier, with the FY2025 full-year figure at $7.5 million, down 91.42% from the prior year.
  • Operating Income for Q1 2026 stood at $13.3 million, down from $19.0 million in the prior quarter.
  • Over the last five years, Operating Income for GNK reached as high as $49.2 million in Q2 2022 and fell as low as -$30.4 million in Q3 2023.
  • Historically, Operating Income has averaged $15.8 million across 5 years, with a median of $14.6 million in 2024.
  • Across the five-year window, Operating Income soared 567.19% in 2022 and slumped 167.19% in 2023, its largest moves.
  • Year by year, Operating Income stood at $30.8 million in 2022, then sank by 77.13% to $7.0 million in 2023, then surged by 107.59% to $14.6 million in 2024, then jumped by 30.29% to $19.0 million in 2025, then plunged by 30.06% to $13.3 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were $13.3 million in Q1 2026, $19.0 million in Q4 2025, and $2.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 ZIM Integrated Shipping Services 2,964,341.97 Bn 2,964,341.05 Bn 57.20 Mn -18.30 Mn
2 Danaos 2,542.12 Bn 2,541.24 Bn 203.71 Mn 219.70 Mn
3 Sfl 1,584.69 Bn 1,584.53 Bn 66.27 Mn -63.36 Mn
4 Capital Clean Energy Carriers 1,419.00 Bn 1,418.46 Bn 95.52 Mn 92.06 Mn
5 Globus Maritime 59.97 Bn 59.95 Bn 8,083.00 11,338.00
6 Kirby 8.07 Bn 7.99 Bn 291.34 Mn 129.67 Mn
7 Matson 6.26 Bn 6.16 Bn - 61.40 Mn
8 Hafnia 3.73 Bn 3.62 Bn 152.41 Mn 109.86 Mn
9 Intercont (Cayman) 3.56 Bn 3.56 Bn - -
10 Genco Shipping & Trading 1.10 Bn 1.10 Bn 32.77 Mn 13.31 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 13.31 Mn
Dec 31, 2025 19.03 Mn
Sep 30, 2025 2.47 Mn
Jun 30, 2025 -4.26 Mn
Mar 31, 2025 -9.77 Mn
Dec 31, 2024 14.61 Mn
Sep 30, 2024 24.03 Mn
Jun 30, 2024 26.31 Mn
Mar 31, 2024 22.09 Mn
Dec 31, 2023 7.04 Mn
Sep 30, 2023 -30.35 Mn
Jun 30, 2023 13.03 Mn
Mar 31, 2023 4.44 Mn
Dec 31, 2022 30.77 Mn
Sep 30, 2022 45.18 Mn
Jun 30, 2022 49.20 Mn
Mar 31, 2022 42.09 Mn
Dec 31, 2021 93.18 Mn
Sep 30, 2021 65.37 Mn
Jun 30, 2021 36.25 Mn