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 Income (2009 - 2026)

Genco Shipping & Trading's (GNK) quarterly Operating Income came in at $21.8 million in Q2 2026, up 610.37% year-over-year from $3.1 million in Q2 2025, and up 63.4% quarter-over-quarter from $13.3 million in Q1 2026.

Analysis

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

Genco Shipping & Trading (GNK) has reported Operating Income for 18 consecutive years, with $21.8 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Income rose 610.37% year-over-year to $21.8 million in Q2 2026; TTM through Jun 2026 was $56.6 million, a 129.84% increase from a year earlier, with the FY2025 full-year figure at $7.5 million, down 91.42% from the prior year.
  • Operating Income was $21.8 million for Q2 2026 at Genco Shipping & Trading, up from $13.3 million in the prior quarter.
  • Over five years, Operating Income peaked at $49.2 million in Q2 2022 and troughed at -$30.4 million in Q3 2023.
  • A 5-year average of $16.2 million and a median of $16.8 million in 2024 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income sank 167.19% in 2023 and surged 610.37% in 2026, its largest moves.
  • Over 5 years, Operating Income stood at $30.8 million in 2022, then sank by 77.13% to $7.0 million in 2023, then jumped by 107.59% to $14.6 million in 2024, then soared by 30.29% to $19.0 million in 2025, then climbed by 14.29% to $21.8 million in 2026.
  • The last three Operating Income figures came in at $21.8 million (Q2 2026), $13.3 million (Q1 2026), and $19.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - 671.50 Mn
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn 122.36 Mn
3 Matson 6.76 Bn 6.64 Bn - 158.90 Mn
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn 301.35 Mn
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn 280.02 Mn
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn 871.57 Mn
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn 398.33 Mn
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn 144.30 Mn
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn 155.03 Mn
10 Genco Shipping & Trading 1.17 Bn 1.17 Bn 92.30 Mn 21.75 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 21.75 Mn
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