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Genco Shipping & Trading GNK Minor Bulk — Other Nonoperating Income Expense

Other segment segments

Major Bulk
$47K

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Other financials

Income statement

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Revenue$136.4M+68.5%
Operating income$21.8M+610%
Net income$16.6M+345%
EPS (diluted)$0.37+331%

Balance sheet

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Cash & equivalents$73.6M+108%
Total debt$325.2M+229%
Total equity$888.6M-0.3%
Total assets$1.3B+21.3%

Cash flow

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Operating cash flow$33.2M+516%
CapEx$714.0K-33.5%
Free cash flow$32.5M+652%

Valuation

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Market cap$1.1B+59.0%
Enterprise value$1.36B+78.9%
P/E61×
P/S2.5×+0.5×

Profitability

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Operating margin12.8%+5.8pp
Net margin-2.1%
FCF margin15.9%-4.2pp

Returns & leverage

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Return on equity-0.8%
Debt / equity0.4×+0.3×
Current ratio+1.3×

Where this comes from

Reported directly by Genco Shipping & Trading in its filing.

Tagged under the XBRL concept us-gaap:OtherNonoperatingIncomeExpense.

The source filing: Genco Shipping & Trading’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091231
Line itemMajor / BulkMinor / BulkTotal
Less:
Voyage expenses26,26917,81644,085
Charter hire expenses385385
Other income(47)(304)(351)
Net voyage revenue (1)55,53436,76192,295
Less:
Vessel operating expenses11,79214,74326,535
Segment profit$43,742$22,018$65,760

Item 1. Financial Statements (unaudited)

FAQ

What is Genco Shipping & Trading's minor bulk — other nonoperating income expense?
Genco Shipping & Trading (GNK) reported minor bulk — other nonoperating income expense of $304K in Q2 2026.
How has Genco Shipping & Trading's minor bulk — other nonoperating income expense changed year-over-year?
Genco Shipping & Trading's minor bulk — other nonoperating income expense increased by 7500.0% year-over-year, from $4K to $304K.
What is the long-term trend for Genco Shipping & Trading's minor bulk — other nonoperating income expense?
Over 2 years (2022 to 2025), Genco Shipping & Trading's minor bulk — other nonoperating income expense has grown at a -80.8% compound annual growth rate (CAGR), from $1.63M to -$60K.
What does minor bulk — other nonoperating income expense mean?
Captures financial items related to the minor bulk segment that fall outside of core shipping operations, such as interest income, foreign exchange gains or losses, or one-time non-recurring charges. This metric helps investors isolate core operational performance from peripheral financial activities.

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