Filing Flows › Genco Shipping & Trading (GNK) › Q2 2026 › vs Q1 2026
Genco Shipping & Trading (GNK) Q2 2026 vs Q1 2026 (quarter over quarter)
Genco Shipping & Trading's revenue rose $22.0M (+19%) from $114M in Q1 2026 to $136M in Q2 2026. Operating margin 15.9% against 11.6% (+4.3 pts).
Genco Shipping & Trading, Q2 2026: revenue $136M (+68% year over year), operating margin 15.9%, net earnings $16.6M, operating cash flow $33.2M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 15.9% | 11.6% | +4.3 pts |
| Net margin | 12.2% | 8.1% | +4.1 pts |
| Free cash flow margin | 23.8% | 13.4% | +10.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $136M | $114M | $22.0M | +19% |
| Operating profit | $21.8M | $13.3M | $8.4M | +63% |
| Costs & expenses | $115M | $101M | $13.5M | +13% |
| Pre-tax earnings | $16.7M | $9.6M | $7.2M | +75% |
| Other expense, net | $5.0M | $3.7M | $1.3M | +34% |
| General & admin | $7.9M | $8.1M | −$206K | -3% |
| Other operating costs | $107M | $93.0M | $13.8M | +15% |
| Net earnings | $16.6M | $9.3M | $7.3M | +79% |
| Minority interests | $88K | $266K | −$178K | -67% |
| Depreciation & amortization | $22.4M | $21.0M | $1.3M | +6% |
| Share-based compensation | $2.2M | $1.8M | $415K | +23% |
| Working capital & other | $8.0M | $16.5M | −$8.5M | -51% |
| Operating cash flow | $33.2M | $15.7M | $17.6M | +112% |
| Free cash flow (OCF − capex) | $32.5M | $15.3M | $17.2M | +113% |
| Capital expenditures | $714K | $405K | $309K | +76% |
Questions
How much did Genco Shipping & Trading's revenue grow quarter over quarter in Q2 2026?
Genco Shipping & Trading's revenue rose $22.0M (+19%) from $114M in Q1 2026 to $136M in Q2 2026. Operating margin 15.9% against 11.6% (+4.3 pts).