Genco Shipping & Trading (GNK) Other Operating Expenses (2009 - 2026)
Genco Shipping & Trading's (GNK) quarterly Other Operating Expenses came in at $2.1 million in Q1 2026, down 97.18% year-on-year from $73.5 million in Q1 2025, and down 97.49% on a QoQ basis from $82.6 million in Q4 2025.
Genco Shipping & Trading (GNK) Other Operating Expenses (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has 18 years of Other Operating Expenses data on file, last reported at $2.1 million in Q1 2026.
- On a quarterly basis, Other Operating Expenses fell 97.18% year-over-year to $2.1 million in Q1 2026; TTM through Mar 2026 was $232.4 million, a 155.37% increase from a year earlier, with the FY2025 full-year figure at $303.8 million, up 1744.97% from the prior year.
- Other Operating Expenses for Q1 2026 stood at $2.1 million, down from $82.6 million in the prior quarter.
- Over the last five years, Other Operating Expenses for GNK reached as high as $107.1 million in Q3 2023 and fell as low as -$978000.0 in Q1 2024.
- Historically, Other Operating Expenses has averaged $60.5 million across 5 years, with a median of $77.8 million in 2025.
- Across the five-year window, Other Operating Expenses soared 548020.0% in 2022 and slumped 101.19% in 2024, its largest moves.
- Year by year, Other Operating Expenses stood at $88.8 million in 2022, then rose by 14.24% to $101.5 million in 2023, then plunged by 100.22% to -$225000.0 in 2024, then surged by 36816.89% to $82.6 million in 2025, then plunged by 97.49% to $2.1 million in 2026.
- Per Business Quant data, the three most recent Other Operating Expenses figures were $2.1 million in Q1 2026, $82.6 million in Q4 2025, and $69.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - |
| 10 | Genco Shipping & Trading | 1.10 Bn | 1.10 Bn | 32.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.08 Mn |
| Dec 31, 2025 | 82.61 Mn |
| Sep 30, 2025 | 69.87 Mn |
| Jun 30, 2025 | 77.80 Mn |
| Mar 31, 2025 | 73.55 Mn |
| Dec 31, 2024 | -225,000.00 |
| Sep 30, 2024 | 4.47 Mn |
| Jun 30, 2024 | 13.21 Mn |
| Mar 31, 2024 | -978,000.00 |
| Dec 31, 2023 | 101.48 Mn |
| Sep 30, 2023 | 107.13 Mn |
| Jun 30, 2023 | 70.60 Mn |
| Mar 31, 2023 | 82.20 Mn |
| Dec 31, 2022 | 88.83 Mn |
| Sep 30, 2022 | 84.88 Mn |
| Jun 30, 2022 | 82.19 Mn |
| Mar 31, 2022 | 88.09 Mn |
| Dec 31, 2021 | 5.82 Mn |
| Sep 30, 2021 | -159,000.00 |
| Jun 30, 2021 | -15,000.00 |