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Side-by-side financial comparison of GENCO SHIPPING & TRADING LTD (GNK) and Perimeter Solutions, Inc. (PRM). Click either name above to swap in a different company.

GENCO SHIPPING & TRADING LTD is the larger business by last-quarter revenue ($114.4M vs $102.8M, roughly 1.1× Perimeter Solutions, Inc.). GENCO SHIPPING & TRADING LTD runs the higher net margin — 8.4% vs -136.5%, a 144.8% gap on every dollar of revenue. On growth, GENCO SHIPPING & TRADING LTD posted the faster year-over-year revenue change (60.6% vs 19.2%). Over the past eight quarters, Perimeter Solutions, Inc.'s revenue compounded faster (31.9% CAGR vs 3.4%).

Genco Shipping & Trading Ltd is a global dry bulk shipping enterprise that operates a diversified fleet of bulk carriers, transporting essential commodities including iron ore, coal, grain, and steel products across major international trade routes, serving industrial, manufacturing, and commodity trading clients worldwide.

Perimeter 81 is an Israeli cloud and network security company that develops secure remote networks, based on the zero trust architecture, for organizations. Its technology replaces legacy security appliances like VPNs and firewalls.

GNK vs PRM — Head-to-Head

Bigger by revenue
GNK
GNK
1.1× larger
GNK
$114.4M
$102.8M
PRM
Growing faster (revenue YoY)
GNK
GNK
+41.4% gap
GNK
60.6%
19.2%
PRM
Higher net margin
GNK
GNK
144.8% more per $
GNK
8.4%
-136.5%
PRM
Faster 2-yr revenue CAGR
PRM
PRM
Annualised
PRM
31.9%
3.4%
GNK

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GNK
GNK
PRM
PRM
Revenue
$114.4M
$102.8M
Net Profit
$9.6M
$-140.2M
Gross Margin
45.2%
Operating Margin
11.6%
-160.7%
Net Margin
8.4%
-136.5%
Revenue YoY
60.6%
19.2%
Net Profit YoY
-197.3%
EPS (diluted)
$0.21
$-0.89

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GNK
GNK
PRM
PRM
Q1 26
$114.4M
Q4 25
$109.9M
$102.8M
Q3 25
$79.9M
$315.4M
Q2 25
$80.9M
$162.6M
Q1 25
$71.3M
$72.0M
Q4 24
$99.2M
$86.2M
Q3 24
$99.3M
$288.4M
Q2 24
$107.0M
$127.3M
Net Profit
GNK
GNK
PRM
PRM
Q1 26
$9.6M
Q4 25
$15.4M
$-140.2M
Q3 25
$-1.1M
$-90.7M
Q2 25
$-6.8M
$-32.2M
Q1 25
$-11.9M
$56.7M
Q4 24
$12.7M
$144.2M
Q3 24
$21.5M
$-89.2M
Q2 24
$23.5M
$21.6M
Gross Margin
GNK
GNK
PRM
PRM
Q1 26
Q4 25
45.2%
Q3 25
63.1%
Q2 25
62.4%
Q1 25
39.1%
Q4 24
48.6%
Q3 24
62.8%
Q2 24
57.6%
Operating Margin
GNK
GNK
PRM
PRM
Q1 26
11.6%
Q4 25
17.3%
-160.7%
Q3 25
3.1%
-27.7%
Q2 25
-5.3%
-16.1%
Q1 25
-13.7%
Q4 24
14.7%
71.1%
Q3 24
24.2%
-12.2%
Q2 24
24.6%
35.4%
Net Margin
GNK
GNK
PRM
PRM
Q1 26
8.4%
Q4 25
14.0%
-136.5%
Q3 25
-1.3%
-28.7%
Q2 25
-8.4%
-19.8%
Q1 25
-16.7%
78.7%
Q4 24
12.8%
167.2%
Q3 24
21.6%
-30.9%
Q2 24
21.9%
17.0%
EPS (diluted)
GNK
GNK
PRM
PRM
Q1 26
$0.21
Q4 25
$0.36
$-0.89
Q3 25
$-0.02
$-0.62
Q2 25
$-0.16
$-0.22
Q1 25
$-0.28
$0.36
Q4 24
$0.29
$1.00
Q3 24
$0.49
$-0.61
Q2 24
$0.54
$0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GNK
GNK
PRM
PRM
Cash + ST InvestmentsLiquidity on hand
$54.8M
$325.9M
Total DebtLower is stronger
$669.1M
Stockholders' EquityBook value
$887.0M
$1.1B
Total Assets
$1.3B
$2.7B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GNK
GNK
PRM
PRM
Q1 26
$54.8M
Q4 25
$55.5M
$325.9M
Q3 25
$90.0M
$340.6M
Q2 25
$35.4M
$140.7M
Q1 25
$30.2M
$200.1M
Q4 24
$43.7M
$198.5M
Q3 24
$46.7M
$223.1M
Q2 24
$42.0M
$43.2M
Total Debt
GNK
GNK
PRM
PRM
Q1 26
Q4 25
$669.1M
Q3 25
$668.8M
Q2 25
$668.4M
Q1 25
$668.1M
Q4 24
$667.8M
Q3 24
$667.4M
Q2 24
$667.1M
Stockholders' Equity
GNK
GNK
PRM
PRM
Q1 26
$887.0M
Q4 25
$896.5M
$1.1B
Q3 25
$885.9M
$1.1B
Q2 25
$891.6M
$1.2B
Q1 25
$903.2M
$1.2B
Q4 24
$926.7M
$1.2B
Q3 24
$929.9M
$1.0B
Q2 24
$921.8M
$1.1B
Total Assets
GNK
GNK
PRM
PRM
Q1 26
$1.3B
Q4 25
$1.1B
$2.7B
Q3 25
$1.1B
$2.6B
Q2 25
$1.0B
$2.5B
Q1 25
$1.0B
$2.4B
Q4 24
$1.1B
$2.4B
Q3 24
$1.0B
$2.5B
Q2 24
$1.1B
$2.3B
Debt / Equity
GNK
GNK
PRM
PRM
Q1 26
Q4 25
0.59×
Q3 25
0.60×
Q2 25
0.57×
Q1 25
0.55×
Q4 24
0.58×
Q3 24
0.67×
Q2 24
0.62×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GNK
GNK
PRM
PRM
Operating Cash FlowLast quarter
$15.7M
$18.6M
Free Cash FlowOCF − Capex
$11.6M
FCF MarginFCF / Revenue
11.3%
Capex IntensityCapex / Revenue
6.8%
Cash ConversionOCF / Net Profit
1.64×
TTM Free Cash FlowTrailing 4 quarters
$208.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GNK
GNK
PRM
PRM
Q1 26
$15.7M
Q4 25
$15.9M
$18.6M
Q3 25
$7.7M
$198.7M
Q2 25
$5.4M
$-2.9M
Q1 25
$2.9M
$23.7M
Q4 24
$30.0M
$-6.0M
Q3 24
$35.6M
$183.0M
Q2 24
$29.0M
$8.6M
Free Cash Flow
GNK
GNK
PRM
PRM
Q1 26
Q4 25
$15.6M
$11.6M
Q3 25
$6.5M
$193.6M
Q2 25
$4.3M
$-15.6M
Q1 25
$2.3M
$18.9M
Q4 24
$29.3M
$-12.4M
Q3 24
$34.7M
$179.1M
Q2 24
$27.9M
$5.0M
FCF Margin
GNK
GNK
PRM
PRM
Q1 26
Q4 25
14.2%
11.3%
Q3 25
8.2%
61.4%
Q2 25
5.3%
-9.6%
Q1 25
3.2%
26.3%
Q4 24
29.5%
-14.4%
Q3 24
34.9%
62.1%
Q2 24
26.1%
3.9%
Capex Intensity
GNK
GNK
PRM
PRM
Q1 26
Q4 25
0.3%
6.8%
Q3 25
1.5%
1.6%
Q2 25
1.3%
7.8%
Q1 25
0.9%
6.7%
Q4 24
0.7%
7.5%
Q3 24
0.9%
1.3%
Q2 24
1.1%
2.9%
Cash Conversion
GNK
GNK
PRM
PRM
Q1 26
1.64×
Q4 25
1.03×
Q3 25
Q2 25
Q1 25
0.42×
Q4 24
2.37×
-0.04×
Q3 24
1.66×
Q2 24
1.24×
0.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GNK
GNK

Segment breakdown not available.

PRM
PRM

Products$87.7M85%
Service And Other$14.8M14%

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