Genco Shipping & Trading (GNK) Other Operating Expenses (2009 - 2026)
Genco Shipping & Trading (GNK) posted quarterly Other Operating Expenses of $2.1 million for Q1 2026, down 97.18% year-over-year from $73.5 million in Q1 2025, and down 97.49% quarter-over-quarter from $82.6 million in Q4 2025.
Genco Shipping & Trading (GNK) Other Operating Expenses (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Other Operating Expenses for 18 consecutive years, with $2.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Other Operating Expenses fell 97.18% year-over-year to $2.1 million; the TTM figure through Mar 2026 stood at $232.4 million (up 155.37% YoY), while the FY2025 annual figure was $303.8 million, up 1744.97% from the prior year.
- Other Operating Expenses declined to $2.1 million in Q1 2026 per GNK's latest filing, from $82.6 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $107.1 million in Q3 2023 and bottomed at -$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.
- Annual changes were most pronounced in 2022 — Other Operating Expenses surged 548020.0% — and 2024, when it plunged 101.19%.
- Genco Shipping & Trading's Other Operating Expenses stood at $88.8 million in 2022, then grew by 14.24% to $101.5 million in 2023, then plunged by 100.22% to -$225000.0 in 2024, then soared by 36816.89% to $82.6 million in 2025, then plunged by 97.49% to $2.1 million in 2026.
- Business Quant data shows GNK's Other Operating Expenses at $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 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn |
| 10 | Genco Shipping & Trading | 1.15 Bn | 1.15 Bn | 92.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.94 Mn |
| 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 |