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Other financials

Income statement

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Revenue$325.5M+77.5%
Net income$286.1M+477%
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:OperatingIncomeLoss.

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 operating expenses13895
Gain on disposal of vessels and other assets, net(88,171)(10,021)
Total operating expenses38,811124,221
Income from vessel operations288,56559,173
Holding gain on previously held equity interest3,919
Operating income292,48459,173
Other income2,6181,844
Income before interest expense295,10261,017

Cover / Front Matter

FAQ

What is International Seaways, Inc.'s operating income?
International Seaways, Inc. (INSW) reported operating income of $288.57M in Q1 2026.
How has International Seaways, Inc.'s operating income changed year-over-year?
International Seaways, Inc.'s operating income increased by 387.7% year-over-year, from $59.17M to $288.57M.
What is the long-term trend for International Seaways, Inc.'s operating income?
Over 4 years (2021 to 2025), International Seaways, Inc.'s operating income has grown at a 32.5% compound annual growth rate (CAGR), from -$112.14M to $345.39M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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