Genco Shipping & Trading Limited (GNK) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q2'21 |
|---|
| Sales/Revenue | 114.43B | 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 | 121.01M |
| Revenue Growth % | 160459.29% | 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% | 63.07% |
| Cost of Goods Sold | 42.37B | 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 | 77.58M |
| COGS % of Revenue | 37.03% | 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% | 64.12% |
| Gross Profit | 72.06B | 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 | 43.42M |
| Gross Margin % | 62.97% | 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% | 35.88% |
| Gross Profit Growth % | 7577071.61% | 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% | 834.86% |
| Operating Expenses | 26.56B | 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 | 7.17M |
| OpEx % of Revenue | 23.21% | 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% | 5.93% |
| Selling, General & Admin | 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 | 5.85M |
| SG&A % of Revenue | 7.09% | 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% | 4.84% |
| 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 | 762K | 932K | 761K | 700K | 917K | -1000K | 1000K | 1000K |
| Operating Income | 13.31M | 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 | 36.25M |
| Operating Margin % | 0.01% | 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% | 29.96% |
| Operating Income Growth % | 236.25% | 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% | 376.63% |
| EBITDA | 34.35M | 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 | 50.36M |
| EBITDA Margin % | 0.03% | 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% | 41.62% |
| EBITDA Growth % | 317.43% | 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% | 1491.25% |
| D&A (Non-Cash Add-back) | 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 | 14.11M |
| EBIT | 0 | 20.96M | 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 | 36.51M |
| Net Interest Income | 0 | -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 | -4.42M |
| Interest Income | 665M | 483K | 388K | 243K | 370K | 684K | 749K | 721K | 824K | 790K | 588K | 520K | 770K | 666K | 292K | 68K | 17K | 10K | 25K | 48K |
| Interest Expense | -4.5B | 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 | 4.47M |
| Other Income/Expense | -4M | -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 | -4.21M |
| Pretax Income | 9.31M | 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 | 32.04M |
| Pretax Margin % | 0.01% | 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% | 26.48% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | -21.44B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | -99366.95% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 9.31B | 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 | 32.04M |
| Net Margin % | 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% | 26.48% |
| Net Income Growth % | 78175.99% | 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% | 275.99% |
| Net Income (Continuing) | 9.31B | 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 | 32.04M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1.6B | 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 | 0 |
| EPS (Diluted) | 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 | 0.75 |
| EPS Growth % | 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% | 274.42% |
| EPS (Basic) | 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 | 0.76 |
| Diluted Shares Outstanding | 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 | 42.61M |
| Basic Shares Outstanding | 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 | 42.07M |
| Dividend Payout Ratio | 0.24% | 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% | 6.54% |