Income Statement

INTERNATIONAL SEAWAYS, INC.

INSW
Annual
Performance Overview Click any row in the table to add it to this chart
in millions USD
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY Dec 31, 2020 2020 FY Dec 31, 2019 2019 FY Dec 31, 2018 2018 FY Dec 31, 2017 2017 FY Dec 31, 2016 2016 FY
Revenue
843.30 951.61 1,071.78 864.67 272.55 421.65 366.18 270.36 290.10 398.32
Cost of Revenue
- - - - 37.23 36.64 67.51 - - -
Gross Profit
843.30 951.61 1,071.78 864.67 235.31 385.01 298.67 270.36 290.10 398.32
Operating Expenses
50.24 52.61 47.47 46.35 33.26 29.05 26.80 24.30 24.74 31.62
Research & Development
- - - - - - - - - -
Selling, General & Administrative
50.24 52.61 47.47 46.35 33.26 29.05 26.80 24.30 24.74 31.62
Other Operating Expenses
- - - - - - - - - -
Operating Income
793.07 899.01 1,024.30 818.31 202.06 355.96 271.87 246.06 265.37 366.70
Non-Operating Income
484.22 483.37 463.98 430.34 335.10 361.49 272.70 -0.09 -6.34 -0.97
Interest Income
7.61 9.92 13.96 3.65 0.10 0.56 2.77 1.30 0.68 -
Interest Expense
46.09 49.90 67.08 61.64 37.25 36.71 66.27 60.23 40.44 39.48
Other Non-Op Income / Expense
6.17 10.12 10.65 2.33 0.38 0.38 0.39 29.43 48.97 16.85
Income Before Tax
308.85 415.64 560.32 387.98 -133.04 -5.53 -0.83 -88.93 -106.04 -17.65
Income Tax Expense
-0.41 -1.08 3.88 0.09 0.45 0.00 0.00 -0.11 0.04 0.57
Non-Controlling Interest
- - - - -1.17 - - - - -
Net Income
309.26 416.72 556.45 387.89 -133.49 -5.53 -0.83 -88.94 -106.09 -18.22
Supplemental Per share data, derived & other items — not part of the income statement
in millions USD unless noted
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY Dec 31, 2020 2020 FY Dec 31, 2019 2019 FY Dec 31, 2018 2018 FY Dec 31, 2017 2017 FY Dec 31, 2016 2016 FY
Depreciation & Amortization
- - - - - - - - - -
EBITDA
956.65 1,048.45 1,153.34 928.70 288.73 430.30 347.53 318.49 344.22 446.59
Earnings Per Share (Basic)
6.27 8.45 11.35 7.85 -3.48 - - - - -
Diluted EPS
6.23 8.38 11.25 7.77 -3.48 - - - - -
Weighted Average Shares
49.34 49.27 48.98 49.38 38.41 - 29.23 29.14 29.16 29.16
Diluted Weighted Avg Shares
49.60 49.68 49.43 49.84 38.41 - 29.23 29.14 29.16 29.16
Comprehensive Income
306.28 409.93 548.42 407.22 -113.24 -17.57 8.53 -78.46 -94.23 -6.37