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| Date | Value |
|---|---|
| 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 |