Short answer
GENCO SHIPPING & TRADING LTD (GNK) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $80M (down 19.5% year over year) with net income of −$1M.
Q3 2025 key financials · XBRL
- Revenue
- $80M
- −19.5% YoY · −1.3% QoQ
- Net income
- −$1M
- −104.9% YoY · +84.5% QoQ
- Operating margin
- 3.1%
- EPS (diluted)
- −$0.03
- −106.1% YoY · +80.0% QoQ
Source: XBRL data from the GENCO SHIPPING & TRADING LTD (GNK) Q3 2025 10-Q on SEC EDGAR. USD.
GENCO SHIPPING & TRADING LTD Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q3 revenue $79.921M, down 19.5% YoY from $99.332M
- Major bulk worst-performing segment, TCE $21,380 vs $26,951, down 20.7% YoY
- Minor bulk TCE $13,292 vs $14,608, down 9.0% YoY
- Cash $90M and total liquidity $520M at September 30, 2025
- Headwinds: weaker drybulk rates, geopolitical risks, regulatory costs, and potential carbon-tax complexity
Risk Factors
- New shareholder-rights-plan risk triggered by October 1, 2025 adoption, expiring September 30, 2026
- Takeover deterrence risk: rights plan could delay control changes and depress common-stock price
- Port-fee regulatory risk: U.S. and China fees reportedly suspended for one year but could materially reduce profitability if reimposed
- Maritime market risk: renewed port fees could increase voyage expenses for U.S.-calling vessels
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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