Genco Shipping & Trading (GNK) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Genco Shipping & Trading Revenue Highlights

Latest Revenue (Y)

$423.02B

Latest Revenue (Q)

$80.94M

Main Segment (Y)

Cargo and Freight

Genco Shipping & Trading Revenue by Period

Genco Shipping & Trading Revenue by Year

Date	Revenue	Change
2024-12-31	$423.02B	110110.64%
2023-12-31	$383.82M	-28.52%
2022-12-31	$536.93M	-1.86%
2021-12-31	$547.13M	53.88%
2020-12-31	$355.56M	-8.71%
2019-12-31	$389.50M	5.98%
2018-12-31	$367.52M	75.26%
2017-12-31	$209.70M	54.66%
2016-12-31	$135.59M	-11.93%
2015-12-31	$153.96M	-32.32%
2014-12-31	$227.46M	-
2013-12-31	$227.46M	0.45%
2012-12-31	$226.45M	-42.26%
2011-12-31	$392.21M	-12.59%
2010-12-31	$448.69M	18.22%
2009-12-31	$379.53M	-6.37%
2008-12-31	$405.37M	118.66%
2007-12-31	$185.39M	39.15%
2006-12-31	$133.23M	13.97%
2005-12-31	$116.91M	6095.34%
2004-12-31	$1.89M	-

Genco Shipping & Trading generated $423.02B in revenue during NA 2024, up 110110.64% compared to the previous quarter, and up 108605.99% compared to the same period a year ago.

Genco Shipping & Trading Revenue by Quarter

Date	Revenue	Change
2025-06-30	$80.94M	13.57%
2025-03-31	$71.27M	-28.16%
2024-12-31	$99.20M	-0.13%
2024-09-30	$99.33M	-7.21%
2024-06-30	$107.05M	-8.85%
2024-03-31	$117.44M	1.66%
2023-12-31	$115.52M	38.57%
2023-09-30	$83.36M	-7.95%
2023-06-30	$90.56M	-4.06%
2023-03-31	$94.39M	-25.66%
2022-12-31	$126.97M	-6.62%
2022-09-30	$135.97M	-1.30%
2022-06-30	$137.76M	1.13%
2022-03-31	$136.23M	-25.67%
2021-12-31	$183.28M	18.05%
2021-09-30	$155.25M	28.30%
2021-06-30	$121.01M	38.15%
2021-03-31	$87.59M	-8.28%
2020-12-31	$95.50M	9.11%
2020-09-30	$87.52M	17.95%
2020-06-30	$74.21M	-24.54%
2020-03-31	$98.34M	-9.54%
2019-12-31	$108.70M	4.75%
2019-09-30	$103.78M	24.21%
2019-06-30	$83.55M	-10.61%
2019-03-31	$93.46M	-16.69%
2018-12-31	$112.19M	21.59%
2018-09-30	$92.26M	7.09%
2018-06-30	$86.16M	12.01%
2018-03-31	$76.92M	2.67%
2017-12-31	$74.92M	46.44%
2017-09-30	$51.16M	12.76%
2017-06-30	$45.37M	18.62%
2017-03-31	$38.25M	-12.84%
2016-12-31	$43.88M	12.85%
2016-09-30	$38.89M	22.00%
2016-06-30	$31.87M	52.20%
2016-03-31	$20.94M	-40.09%
2015-12-31	$34.95M	-30.09%
2015-09-30	$49.99M	44.53%
2015-06-30	$34.59M	0.50%
2015-03-31	$34.42M	-38.21%
2014-12-31	$55.70M	24.62%
2014-09-30	$44.70M	-14.64%
2014-06-30	$52.36M	-18.17%
2014-03-31	$63.99M	-21.76%
2013-12-31	$81.78M	37.61%
2013-09-30	$59.43M	29.88%
2013-06-30	$45.76M	13.03%
2013-03-31	$40.49M	-17.79%
2012-12-31	$49.25M	-9.52%
2012-09-30	$54.43M	-13.51%
2012-06-30	$62.93M	5.16%
2012-03-31	$59.84M	-38.40%
2011-12-31	$97.14M	3.00%
2011-09-30	$94.31M	-5.05%
2011-06-30	$99.33M	-2.07%
2011-03-31	$101.43M	-22.37%
2010-12-31	$130.65M	10.70%
2010-09-30	$118.02M	12.04%
2010-06-30	$105.34M	11.25%
2010-03-31	$94.68M	-1.61%
2009-12-31	$96.23M	3.53%
2009-09-30	$92.95M	-0.80%
2009-06-30	$93.70M	-3.05%
2009-03-31	$96.65M	-4.85%
2008-12-31	$101.57M	-5.56%
2008-09-30	$107.56M	2.85%
2008-06-30	$104.57M	14.08%
2008-03-31	$91.67M	39.55%
2007-12-31	$65.69M	-

Genco Shipping & Trading generated $80.94M in revenue during Q2 2025, up 13.57% compared to the previous quarter, and up 68.92% compared to the same period a year ago.

Genco Shipping & Trading Revenue Breakdown

Genco Shipping & Trading Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Cargo and Freight	$423.02M	-	-	-	-
Voyage	-	$383.82M	$536.93M	$547.13M	-
Cargo And Freight	-	-	-	-	$355.56M

Genco Shipping & Trading's latest annual revenue breakdown by segment (product or service), as of Dec 24: Cargo and Freight (100.00%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
Cargo and Freight	$80.94M	$71.27M	$323.68M	$99.33M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Voyage	-	-	-	-	$117.44M	$198.88M	$90.56M	$94.39M	$126.97M	$135.97M	$137.76M	$136.23M	$183.28M	-	-	-	-	-	-	-
Cargo And Freight	-	-	-	-	-	-	-	-	-	-	-	-	-	$155.25M	$121.01M	$87.59M	$95.50M	$87.52M	$74.21M	$98.34M

Genco Shipping & Trading's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Cargo and Freight (100.00%).

Genco Shipping & Trading Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
GNK	Genco Shipping & Trading	$423.02B	$80.94M
MATW	Matthews	$1.80B	$349.38M
KE	Kimball Electronics	$1.49B	$357.39M
SFL	SFL	$752.29M	$229.06M
IIIN	Insteel Industries	$647.71M	$179.89M
RHLD	Resolute Management	$420.57M	$103.89M
CLCO	Cool	$393.32M	$81.30M
SB	Safe Bulkers	$284.40M	$81.67M
NAT	Nordic American Tankers	$262.18M	$95.29M
TRNS	Transcat	$259.48M	$77.13M
GHM	Graham	$185.53M	$55.49M

GNK Revenue FAQ

What is Genco Shipping & Trading’s yearly revenue?

Genco Shipping & Trading's yearly revenue for 2024 was $423.02B, representing an increase of 110110.64% compared to 2023. The company's yearly revenue for 2023 was $383.82M, representing a decrease of -28.52% compared to 2022. GNK's yearly revenue for 2022 was $536.93M, representing a decrease of -1.86% compared to 2021.

What is Genco Shipping & Trading’s quarterly revenue?

Genco Shipping & Trading's quarterly revenue for Q2 2025 was $80.94M, a 13.57% increase from the previous quarter (Q1 2025), and a -24.39% decrease year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $71.27M, a -28.16% decrease from the previous quarter (Q4 2024), and a -39.31% decrease year-over-year (Q1 2024). GNK's quarterly revenue for Q4 2024 was $99.2M, a -0.13% decrease from the previous quarter (Q3 2024), and a -14.12% decrease year-over-year (Q4 2023).

What is Genco Shipping & Trading’s revenue growth rate?

Genco Shipping & Trading's revenue growth rate for the last 3 years (2022-2024) was 78683.61%, and for the last 5 years (2020-2024) was 118871.76%.

What are Genco Shipping & Trading’s revenue streams?

Genco Shipping & Trading's revenue streams in c 24 are Cargo and Freight

What is Genco Shipping & Trading’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Genco Shipping & Trading was Cargo and Freight. This segment made a revenue of $423.02M, representing 100.00% of the company's total revenue.