Genco Shipping & Trading (GNK) Other Operating Expenses (2009 - 2026)
Genco Shipping & Trading (GNK) reported 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 18 years of Other Operating Expenses data on file, last reported at $2.1 million in Q1 2026.
- Other Operating Expenses for Q1 2026 came in at $2.1 million, down 97.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $232.4 million (up 155.37% YoY), and the FY2025 annual result was $303.8 million, up 1744.97% from the prior year.
- Other Operating Expenses retreated to $2.1 million in Q1 2026 per GNK's latest filing, from $82.6 million in the prior quarter.
- Over five years, Other Operating Expenses peaked at $107.1 million in Q3 2023 and troughed at -$978000.0 in Q1 2024.
- A 5-year average of $60.5 million and a median of $77.8 million in 2025 frame the typical range for Other Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Other Operating Expenses surged 548020.0% in 2022, then plunged 101.19% in 2024.
- A 5-year view of Other Operating Expenses shows it stood at $88.8 million in 2022, then climbed by 14.24% to $101.5 million in 2023, then tumbled by 100.22% to -$225000.0 in 2024, then surged by 36816.89% to $82.6 million in 2025, then tumbled 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 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - |
| 10 | Genco Shipping & Trading | 1.08 Bn | 1.08 Bn | 39.25 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 |