Filing Flows › Genco Shipping & Trading (GNK) › Q3 2025
Genco Shipping & Trading (GNK) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Genco Shipping & Trading (GNK) reported revenue of $79.9M for the third quarter 2025 (Q3 2025), -20% from a year earlier and -1% from the quarter before. Operating margin was 3.1%, net loss $1.1M (1.3% of revenue).
Genco Shipping & Trading, Q3 2025: revenue $79.9M (-20% year over year), operating margin 3.1%, net loss $1.1M, operating cash flow $7.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $79.9M | -1% | -20% |
| Operating profit | $2.5M | — | — |
| Net earnings | −$1.1M | — | — |
| Operating cash flow | $7.7M | +42% | -78% |
| Free cash flow | $6.5M | +51% | -81% |
What changed
Revenue was $79.9M in Q3 2025, down 20% year over year and down 1% from the previous quarter.
Operating profit was $2.5M, a 3.1% margin (down 21.1 points year over year). Total costs grew 3% against a revenue fall of 20%. The fastest-growing cost line was General & admin (+11%). The quarter ended with a net loss of $1.1M, narrower than the previous quarter's $6.8M loss. Net interest and other expense of $3.5M was the main reason.
Operating cash flow was $7.7M (down 78% year over year). Non-cash charges added back $19.3M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $12.4M. Capital expenditures of $1.2M left free cash flow of $6.5M.
Questions
What was Genco Shipping & Trading's revenue in the third quarter 2025?
Genco Shipping & Trading (GNK) reported revenue of $79.9M for the third quarter 2025 (Q3 2025), -20% from a year earlier and -1% from the quarter before.
Was Genco Shipping & Trading profitable in the third quarter 2025?
Operating profit was $2.5M (3.1% of revenue) and net loss $1.1M.