Genco Shipping & Trading Limited (GNK) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Genco Shipping & Trading Limited (GNK) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

GNK Income Statement

Genco Shipping & Trading Limited (GNK) annual income statement — 22-year revenue, gross profit & net income history

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21

Sales/Revenue	136.41M	114.43M	109.92M	79.92M	80.94M	71.27M	99.2M	99.33M	107.05M	117.44M	115.52M	83.36M	90.56M	94.39M	126.97M	135.97M	137.76M	136.23M	183.28M	155.25M
Revenue Growth %	68.54%	60.56%	10.81%	-19.54%	-24.39%	-39.31%	-14.12%	19.16%	18.21%	24.41%	-9.02%	-38.69%	-34.27%	-30.71%	-30.72%	-12.42%	13.85%	55.53%	91.93%	77.38%
Cost of Goods Sold	71M	89.97M	79.3M	49.31M	75.92M	72.22M	74.7M	70.97M	76.8M	83.86M	86.92M	78.05M	69.25M	81.44M	87.9M	84.12M	81.49M	87.17M	87.86M	82.43M
COGS % of Revenue	52.05%	78.63%	72.14%	61.69%	93.8%	101.33%	75.3%	71.44%	71.75%	71.41%	75.25%	93.63%	76.47%	86.28%	69.22%	61.87%	59.15%	63.99%	47.94%	53.09%
Gross Profit	65.41M	24.46M	30.62M	30.61M	5.02M	-951K	24.5M	28.37M	30.25M	33.57M	28.59M	5.31M	21.31M	12.96M	39.08M	51.85M	56.28M	49.05M	95.41M	72.82M
Gross Margin %	47.95%	21.37%	27.86%	38.31%	6.2%	-1.33%	24.7%	28.56%	28.25%	28.59%	24.75%	6.37%	23.53%	13.72%	30.78%	38.13%	40.85%	36.01%	52.06%	46.91%
Gross Profit Growth %	1203.23%	2671.92%	24.97%	7.92%	-83.41%	-102.83%	-14.31%	434.5%	41.94%	159.13%	-26.83%	-89.76%	-62.13%	-73.59%	-59.04%	-28.8%	29.6%	236.09%	362.23%	441.76%
Operating Expenses	43.66M	8.87M	9.65M	28.15M	9.28M	8.82M	9.89M	4.33M	3.93M	11.48M	21.55M	35.66M	8.28M	8.51M	8.31M	6.67M	7.08M	6.96M	2.23M	7.45M
OpEx % of Revenue	32%	7.75%	8.78%	35.22%	11.47%	12.37%	9.97%	4.36%	3.67%	9.77%	18.66%	42.78%	9.15%	9.02%	6.54%	4.91%	5.14%	5.11%	1.22%	4.8%
Selling, General & Admin	7.9M	8.11B	30.73B	8.85M	7.4M	7.49M	8.32M	6.83M	6.32M	7.66M	7M	6.58M	6.93M	7.75M	7.37M	5.91M	6.38M	6.04M	6.84M	5.66M
SG&A % of Revenue	5.79%	7086.49%	27956.82%	11.07%	9.14%	10.52%	8.39%	6.88%	5.9%	6.53%	6.06%	7.9%	7.66%	8.21%	5.81%	4.35%	4.63%	4.44%	3.73%	3.65%
Research & Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1000K	-1000K	-1000K	1000K	1000K	1000K	1000K	-1000K	-1000K	1000K	1000K	1000K	1000K	762K	932K	761K	700K	917K	-1000K	1000K
Operating Income	21.75M	15.59M	20.96M	2.47M	-4.26M	-9.77M	14.61M	24.03M	26.31M	22.09M	7.04M	-30.35M	13.03M	4.44M	30.77M	45.18M	49.2M	42.09M	93.18M	65.37M
Operating Margin %	15.95%	13.62%	19.07%	3.09%	-5.27%	-13.71%	14.73%	24.2%	24.58%	18.81%	6.09%	-36.41%	14.39%	4.71%	24.23%	33.23%	35.71%	30.9%	50.84%	42.11%
Operating Income Growth %	610.37%	259.57%	43.52%	-89.74%	-116.2%	-144.22%	107.59%	179.18%	102%	397.25%	-77.13%	-167.19%	-73.52%	-89.44%	-66.98%	-30.89%	35.71%	567.19%	252.38%	517.3%
EBITDA	44.12M	36.63M	42.1M	21.77M	14.21M	8.23M	32.66M	41.03M	43.78M	39.68M	24.11M	-12.96M	30.18M	20.75M	47.16M	61.12M	64.07M	56.5M	108.35M	79.92M
EBITDA Margin %	32.34%	32.01%	38.3%	27.23%	17.55%	11.55%	32.92%	41.3%	40.9%	33.79%	20.87%	-15.55%	33.33%	21.98%	37.14%	44.95%	46.51%	41.48%	59.12%	51.48%
EBITDA Growth %	210.57%	345.11%	28.9%	-46.95%	-67.55%	-79.26%	35.49%	416.47%	45.07%	91.28%	-48.88%	-121.21%	-52.89%	-63.28%	-56.48%	-23.53%	27.21%	181.19%	344.9%	10029.4%
D&A (Non-Cash Add-back)	22.37M	21.04M	21.13M	19.3M	18.47M	18M	18.05M	16.99M	17.47M	17.59M	17.07M	17.39M	17.15M	16.3M	16.39M	15.94M	14.87M	14.41M	15.17M	14.55M
EBIT	21.62M	14.07M	19.34M	2.07M	-4.25M	-9.41M	15.32M	24.54M	26.95M	22.98M	7.73M	-29.86M	13.67M	4.89M	31M	43.32M	50.03M	44.11M	93.29M	61.08M
Net Interest Income	-5.14M	-3.83M	-3.52M	-2.76M	-2.31M	-2.18M	-2.15M	-2.22M	-2.73M	-3.22M	-1.83M	-1.41M	-1.61M	-1.26M	-1.51M	-1.98M	-2.34M	-2.23M	-2.39M	-3.92M
Interest Income	605K	665K	483K	388K	243K	370K	684K	749K	721K	824K	790K	588K	520K	770K	666K	292K	68K	17K	10K	25K
Interest Expense	5.75M	4.5M	4M	3.15M	2.56M	2.55M	2.83M	2.97M	3.45M	4.04M	2.62M	2M	2.13M	2.03M	2.17M	2.28M	2.4M	2.24M	2.4M	3.94M
Other Income/Expense	-5.01M	-6.01M	-5.63M	-3.54M	-2.55M	-2.19M	-2.12M	-2.46M	-2.82M	-3.15M	-1.93M	-1.51M	-1.49M	-1.58M	-1.95M	-4.13M	-1.57M	-228K	-2.29M	-8.24M
Pretax Income	16.74M	9.57M	15.33M	-1.08M	-6.81M	-11.96M	12.49M	21.57M	23.49M	18.94M	5.11M	-31.86M	11.54M	2.86M	28.83M	41.05M	47.63M	41.87M	90.89M	57.13M
Pretax Margin %	12.27%	8.37%	13.95%	-1.35%	-8.41%	-16.78%	12.59%	21.72%	21.95%	16.13%	4.42%	-38.22%	12.74%	3.03%	22.7%	30.19%	34.57%	30.73%	49.59%	36.8%
Income Tax	0	0	0	0	0	0	0	-21.44B	0	0	0	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	0%	0%	0%	0%	0%	0%	0%	-99366.95%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Net Income	16.65M	9.31M	15.41M	-1.05M	-6.8M	-11.92M	12.68M	21.46M	23.47M	18.8M	4.94M	-32M	11.56M	2.63M	28.68M	40.83M	47.38M	41.69M	90.85M	57.13M
Net Margin %	12.2%	8.14%	14.02%	-1.32%	-8.4%	-16.73%	12.78%	21.6%	21.92%	16.01%	4.27%	-38.39%	12.77%	2.79%	22.59%	30.03%	34.39%	30.6%	49.57%	36.8%
Net Income Growth %	344.8%	178.08%	21.57%	-104.91%	-128.98%	-163.43%	156.72%	167.05%	102.97%	613.67%	-82.78%	-178.39%	-75.6%	-93.68%	-68.44%	-28.54%	47.9%	2000.2%	237.82%	370.79%
Net Income (Continuing)	16.74M	9.57M	15.33M	-1.08M	-6.81M	-11.96M	12.49M	21.46B	23.49M	18.94M	5.11M	-31.86M	11.54M	2.86M	28.83M	41.05M	47.63M	41.87M	90.89M	57.13M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	1.69M	1.6B	1.34M	1.41M	1.44M	1.45M	1.49M	1.68M	1.56M	1.53M	1.39M	1.22M	1.08M	1.1M	876K	727K	507K	264K	88K	0
EPS (Diluted)	0.37	0.21	0.35	-0.02	-0.16	-0.28	0.29	0.49	0.54	0.43	0.11	-0.75	0.27	0.06	0.67	0.95	1.10	0.97	2.13	1.34
EPS Growth %	331.25%	175%	20.69%	-104.96%	-129.63%	-165.12%	163.64%	165.33%	100%	603.76%	-83.58%	-178.95%	-75.45%	-93.7%	-68.54%	-29.1%	46.67%	1840%	235.67%	368%
EPS (Basic)	0.38	0.21	0.35	-0.02	-0.16	-0.28	0.29	0.50	0.54	0.44	0.12	-0.75	0.27	0.06	0.67	0.96	1.12	0.99	2.16	1.36
Diluted Shares Outstanding	44.57M	44.41M	44.18M	43.41M	43.35M	43.2M	43.67M	43.66M	43.66M	43.61M	43.29M	42.82M	43.13M	43.1M	42.92M	42.88M	43M	42.87M	42.71M	42.75M
Basic Shares Outstanding	43.87M	43.71M	43.52M	43.41M	43.35M	43.2M	43.12M	43.11M	43.07M	42.92M	42.83M	42.82M	42.79M	42.63M	42.56M	42.53M	42.39M	42.17M	42.1M	42.1M
Dividend Payout Ratio	91.61%	242.75%	42.09%	-	-	-	134.9%	67.75%	76.65%	95.14%	129.69%	-	55.86%	822.55%	115.13%	51.78%	70.24%	67.86%	6.92%	7.34%