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Other financials

Income statement

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Revenue$325.5M+77.5%
Operating income$288.6M+388%
EPS (diluted)$5.75+475%

Balance sheet

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Cash & equivalents$141.8M+6.8%
Total debt$610.1M-0.6%
Total equity$2.2B+17.4%
Total assets$2.9B+12.9%

Cash flow

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Operating cash flow$141.1M+102%
CapEx$319.0K-15.2%
Free cash flow$140.7M+102%

Valuation

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Market cap$4.61B+114%
Enterprise value$5.08B+97.8%
P/E8.5×-0.6×
P/S4.7×+2.0×

Profitability

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Operating margin58.3%+16.5pp
Net margin55.4%+18.0pp
FCF margin45.6%-7.8pp

Returns & leverage

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Return on equity26.9%+9.3pp
Debt / equity0.3×-0.1×
Current ratio7.3×+4.6×

Where this comes from

Reported directly by International Seaways, Inc. in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: International Seaways, Inc.’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 8:16 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-056721
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Other income2,6181,844
Income before interest expense295,10261,017
Interest expense(8,959)(11,452)
Net income$$286,14349,565
Weighted Average Number of Common Shares Outstanding:
Basic49,460,96249,307,449
Diluted49,714,85749,528,814
Per Share Amounts:

Cover / Front Matter

FAQ

What is International Seaways, Inc.'s net income?
International Seaways, Inc. (INSW) reported net income of $286.14M in Q1 2026.
How has International Seaways, Inc.'s net income changed year-over-year?
International Seaways, Inc.'s net income increased by 477.3% year-over-year, from $49.57M to $286.14M.
What is the long-term trend for International Seaways, Inc.'s net income?
Over 4 years (2021 to 2025), International Seaways, Inc.'s net income has grown at a 23.4% compound annual growth rate (CAGR), from -$133.49M to $309.26M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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