International Seaways Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	843.3	951.61	1,072	864.67	272.55
Revenue Growth (YoY)	-11.38%	-11.21%	23.95%	217.26%	-35.36%
Cost of Revenue	23.69	18.51	16.26	10.96	16.69
Gross Profit	819.61	933.1	1,056	853.71	255.86
Selling, General & Admin	50.24	52.61	47.47	46.35	33.24
Depreciation & Amortization Expenses	163.59	149.44	129.04	110.39	86.67
Other Operating Expenses	345.48	341.15	335.45	293.61	267.59
Total Operating Expenses	559.3	543.19	511.96	450.35	387.5
Operating Income	260.31	389.91	543.56	443.37	-90.3
Interest Income	-	-	-	0.71	21.84
Interest Expense	-42.7	-49.7	-65.76	-57.72	-36.8
Other Non-Operating Income (Expense)	6.17	10.12	10.65	2.33	-5.95
Total Non-Operating Income (Expense)	-36.54	-39.59	-55.11	-54.68	-20.91
Pretax Income	308.85	415.64	560.32	387.98	-133.04
Provision for Income Taxes	-0.41	-1.08	3.88	0.09	1.62
Net Income	309.26	416.72	556.45	387.89	-133.49
Minority Interest in Earnings	-	-	-	-	1.17
Net Income to Common	309.26	416.72	556.45	387.89	-133.49
Net Income Growth	-25.79%	-25.11%	43.45%	-	-
Shares Outstanding (Basic)	49	49	49	49	38
Shares Outstanding (Diluted)	50	50	49	50	38
Shares Change (YoY)	-0.17%	0.51%	-0.83%	29.78%	35.37%
EPS (Basic)	6.27	8.45	11.35	7.85	-3.48
EPS (Diluted)	6.23	8.38	11.25	7.77	-3.48
EPS Growth	-25.66%	-25.51%	44.79%	-	-
Shares Outstanding	49.4	49.19	48.93	49.12	49.61
Free Cash Flow	39.57	268.34	483.24	171.83	-154.23
Free Cash Flow Growth	-85.25%	-44.47%	181.24%	-	-
Free Cash Flow Per Share	0.80	5.40	9.78	3.45	-4.02
Dividends Per Share	0.480	0.480	0.480	0.420	0.240
Dividend Growth	-	-	14.29%	75.00%	-
Gross Margin	97.19%	98.05%	98.48%	98.73%	93.88%
Operating Margin	30.87%	40.97%	50.72%	51.28%	-33.13%
Profit Margin	36.67%	43.79%	51.92%	44.86%	-49.41%
FCF Margin	4.69%	28.20%	45.09%	19.87%	-56.59%
EBITDA	423.9	539.35	672.6	553.76	-3.63
EBITDA Margin	50.27%	56.68%	62.76%	64.04%	-1.33%
EBIT	260.31	389.91	543.56	443.37	-90.3
EBIT Margin	30.87%	40.97%	50.72%	51.28%	-33.13%
Effective Tax Rate	-0.13%	-0.26%	0.69%	0.02%	-1.22%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q