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International Seaways, Inc. INSW Non-cash interest expense

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Other financials

Income statement

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Revenue$467.3M+139%
Operating income$301.3M+334%
Net income$294.9M+378%
EPS (diluted)$5.91+373%

Balance sheet

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Cash & equivalents$159.4M+7.1%
Total debt$652.8M+16.2%
Total equity$2.3B+19.2%
Total assets$3.0B+19.6%

Cash flow

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Operating cash flow$267.7M+212%
CapEx$67.0K-62.1%
Free cash flow$267.6M+213%

Valuation

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Market cap$4.57B+121%
Enterprise value$5.07B+104%
P/E5.9×-2.8×
P/S3.6×+1.1×

Profitability

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Operating margin64.2%+29.8pp
Net margin62%+32.1pp
FCF margin50.3%+3.0pp

Returns & leverage

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Return on equity37.4%+24.8pp
Debt / equity0.3×0.0×
Current ratio5.9×+5.0×

Where this comes from

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

Tagged under the XBRL concept us-gaap:AmortizationOfFinancingCostsAndDiscounts.

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

Filed
Aug 10, 2026, 8:16 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-093061
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Net income$581,068111,211
Items included in net income not affecting cash flows:
Depreciation and amortization80,25681,054
Amortization of debt discount and other deferred financing costs2,6781,966
Stock compensation3,0273,790
Other – net(408)206
Items included in net income related to investing and financing activities:
Gain on disposal of vessels and other assets, net(88,128)(21,250)

Cover / Front Matter

FAQ

What is International Seaways, Inc.'s non-cash interest expense?
International Seaways, Inc. (INSW) reported non-cash interest expense of $1.42M in Q2 2026.
How has International Seaways, Inc.'s non-cash interest expense changed year-over-year?
International Seaways, Inc.'s non-cash interest expense increased by 44.2% year-over-year, from $983K to $1.42M.
What is the long-term trend for International Seaways, Inc.'s non-cash interest expense?
Over 4 years (2021 to 2025), International Seaways, Inc.'s non-cash interest expense has grown at a 16.5% compound annual growth rate (CAGR), from $2.31M to $4.26M.
What does non-cash interest expense mean?
Non-cash interest expense

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