Minor Bulk was Genco Shipping & Trading’s largest segment in fiscal 2025, bringing in $181.82M of $342.05M (53%).
| Segment | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Minor Bulk | $345.00M | $193.65M | $198.77M | $181.82M |
| Major Bulk | $191.93M | $190.18M | $224.25M | $160.24M |
| Total | $536.93M | $383.83M | $423.02M | $342.05M |
Genco Shipping & Trading brought in $342.05M from its two segments in fiscal 2025, the year ended December 31, 2025. That was down 19.1% from $423.02M in fiscal 2024. Minor Bulk was the largest at $181.82M (53.2%), ahead of Major Bulk at $160.24M (46.8%).
Compared with fiscal 2024, Minor Bulk fell 8.5% to $181.82M and Major Bulk fell 28.5% to $160.24M. From fiscal 2022 to 2025, combined revenue from these segments fell from $536.93M to $342.05M, a compound annual decline of 14.0%. Minor Bulk's share of the total fell from 64.3% to 53.2%.
Calculated Under Revenue Guidance In Effect Before Topic 606 was Genco Shipping & Trading’s largest revenue line in fiscal 2018, bringing in $371.28M of $367.52M (101%).
| Initial Application Period Cumulative Effect Transition | FY 2018 |
|---|---|
| Calculated Under Revenue Guidance In Effect Before Topic 606 | $371.28M |
| Difference Between Revenue Guidance In Effect Before & After Topic 606 | -$3.76M |
| Total | $367.52M |
Genco Shipping & Trading brought in $367.52M from its two revenue lines in fiscal 2018, the year ended December 31, 2018. Calculated Under Revenue Guidance In Effect Before Topic 606 was the largest at $371.28M (101.0%).
The total is net of Difference Between Revenue Guidance In Effect Before & After Topic 606, which took $3.76M off revenue in fiscal 2018.
Genco Shipping & Trading (GNK) reports its revenue by segment and by initial application period cumulative effect transition. In fiscal 2025, Minor Bulk was its largest segment, bringing in $181.82M (53.2% of the total), followed by Major Bulk at $160.24M (46.8%).
Minor Bulk was Genco Shipping & Trading's largest segment in fiscal 2025, bringing in $181.82M, or 53.2% of the $342.05M total across its two segments.
Calculated Under Revenue Guidance In Effect Before Topic 606 was Genco Shipping & Trading's largest revenue line in fiscal 2018, bringing in $371.28M, or 101.0% of the $367.52M total across its two revenue lines.
Every figure comes from Genco Shipping & Trading's annual financial filings, as reported. Each line keeps the name Genco Shipping & Trading gives it, and years follow its fiscal calendar.
Genco Shipping & Trading's revenue by segment goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.