GNKGenco Shipping & Trading Limited
$26.51+48% 1Y
$26.51
$14.8752 weeks$28.14
The financials
Genco Shipping & Trading Limited by the numbers
Genco Shipping & Trading Limited (GNK) reported revenue of $136M in Q2 2026 (quarter ended Jun 30, 2026), up 69% from the same quarter a year earlier. That came with a gross margin of 81% and net income of $17M (12% of revenue). For the full year FY2025, revenue was $342M (−19% year on year) and net income −$4.4M. Its largest segment in Q2 2026 was Major Bulk at $82M, 60% of the disclosed total, ahead of Minor Bulk at 40%. The next results filing is expected around Nov 4, 2026, the same week as a year ago.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $136M | $81M | +69% |
| Gross profit | $110M | $57M | +92% |
| Operating income | $22M | −$4.3M | to a profit |
| Net income | $17M | −$6.8M | to a profit |
| Diluted EPS | $0.37 | −$0.16 | to a profit |
| Operating | Revenue | Share |
|---|---|---|
| Major Bulk | $82M | 60% |
| Minor Bulk | $55M | 40% |
Business segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Jun 2026Total $136.4M (+19%)
Major Bulk grew +117% year on yearMinor Bulk +26% year on year
Segment Latestquarter on quarteryear on year
- Major Bulk$81.8M$81.8Mquarter on quarter +45%year on year +117%+45%+117%
- Minor Bulk$54.7M$54.7Mquarter on quarter -5.6%year on year +26%-5.6%+26%
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