Financial insights of GNK

MyFinsight

For the quarter ending 2026-03-31, GNK made $114,429K in revenue. $9,309K in net income. Net profit margin of 8.14%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Total revenues	114,429	109,925	79,921	80,939
Voyage expenses	36,276	31,152	24,810	32,005
Vessel operating expenses	26,560	25,487	24,391	23,747
Charter hire expenses	6,096	1,532	106	2,035
General and administrative expenses (inclusive of nonvested stock amortization expense of 1,830 and 1,496, respectively)	8,109	8,278	7,584	7,399
Technical management expenses	760	1,377	1,265	1,231
Depreciation and amortization	21,038	21,134	19,298	18,133
Impairment of vessel assets	527	1,448*	-	651
Net gain on sale of vessels	2,075	-	-	-
Other operating expense	3,826	483*	-	-
Total operating expenses	101,117	90,890	77,454	85,201
Operating income (loss)	13,312	19,035	2,467	-4,262
Other income (expense)	96	-182	-104	-232
Interest income	665	483	388	243
Interest expense	4,498	4,002	3,151	2,558
Gain on debt extinguishment	-	0	-678	-
Other expense, net	-3,737	-3,701	-3,545	-2,547
Net income (gain)	9,575	15,334	-1,078	-6,809
Less net income (loss) attributable to noncontrolling interest	266	-77	-25	-8
Net income (gain) attributable to genco shipping & trading limited	9,309	15,411	-1,053	-6,801

Basic EPS	0.21	0.354	-0.02	-0.16
Diluted EPS	0.21	0.354	-0.02	-0.16
Basic Average Shares	43,706,069	43,526,703	43,414,340	43,350,232
Diluted Average Shares	44,411,222	43,526,703	43,414,340	43,350,232

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.