International Seaways Inc
NYSE:INSW

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International Seaways Inc Logo
International Seaways Inc
NYSE:INSW
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Price: 51.13 USD -0.97% Market Closed
Market Cap: 2.5B USD

Income Statement

Earnings Waterfall
International Seaways Inc

Revenue
770m USD
Cost of Revenue
-311.4m USD
Gross Profit
458.6m USD
Operating Expenses
-232.5m USD
Operating Income
226.1m USD
Other Expenses
-8.6m USD
Net Income
217.5m USD

Income Statement
International Seaways Inc

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Income Statement
Currency: USD
Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
20
30
40
39
38
40
40
43
47
53
60
66
71
70
66
61
52
43
37
32
30
33
26
41
47
52
58
66
74
77
76
72
66
60
57
53
0
35
Revenue
232
N/A
313
+35%
398
+27%
359
-10%
327
-9%
307
-6%
290
-5%
253
-13%
238
-6%
239
+0%
270
+13%
320
+18%
332
+4%
343
+3%
366
+7%
390
+6%
460
+18%
489
+6%
422
-14%
343
-19%
250
-27%
235
-6%
273
+16%
327
+20%
469
+43%
621
+32%
865
+39%
1 050
+21%
1 154
+10%
1 159
+0%
1 072
-8%
1 059
-1%
1 024
-3%
1 008
-2%
952
-6%
861
-10%
799
-7%
770
-4%
Gross Profit
Cost of Revenue
(92)
(141)
(193)
(195)
(199)
(201)
(198)
(197)
(197)
(201)
(207)
(208)
(203)
(192)
(181)
(174)
(169)
(167)
(166)
(153)
(146)
(178)
(214)
(252)
(286)
(279)
(274)
(275)
(287)
(300)
(309)
(310)
(309)
(311)
(312)
(317)
(319)
(311)
Gross Profit
139
N/A
172
+23%
206
+20%
164
-21%
128
-21%
106
-18%
92
-13%
57
-39%
41
-27%
38
-8%
63
+66%
112
+77%
129
+15%
151
+17%
185
+23%
215
+16%
291
+35%
322
+11%
255
-21%
191
-25%
104
-46%
56
-46%
58
+4%
76
+30%
183
+142%
343
+87%
591
+72%
775
+31%
868
+12%
859
-1%
763
-11%
749
-2%
715
-5%
697
-3%
640
-8%
543
-15%
480
-12%
459
-4%
Operating Income
Operating Expenses
(57)
(88)
(110)
(107)
(102)
(99)
(104)
(102)
(101)
(98)
(97)
(106)
(115)
(122)
(130)
(129)
(126)
(122)
(115)
(113)
(111)
(118)
(129)
(142)
(156)
(162)
(167)
(169)
(173)
(179)
(183)
(190)
(198)
(206)
(217)
(226)
(232)
(233)
Selling, General & Administrative
(17)
(27)
(30)
(28)
(25)
(21)
(25)
(24)
(25)
(24)
(24)
(31)
(37)
(45)
(53)
(53)
(51)
(47)
(41)
(40)
(40)
(40)
(43)
(45)
(49)
(53)
(57)
(56)
(55)
(55)
(54)
(56)
(58)
(60)
(65)
(68)
(70)
(69)
Depreciation & Amortization
(40)
(61)
(80)
(78)
(78)
(78)
(79)
(78)
(76)
(74)
(72)
(74)
(76)
(75)
(76)
(75)
(75)
(75)
(74)
(73)
(71)
(78)
(87)
(97)
(107)
(109)
(110)
(113)
(118)
(124)
(129)
(134)
(138)
(144)
(149)
(155)
(160)
(162)
Other Operating Expenses
0
0
0
0
0
0
0
0
0
0
0
(1)
(1)
(1)
(1)
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(2)
(3)
(3)
(1)
(2)
Operating Income
82
N/A
84
+2%
96
+14%
57
-41%
26
-54%
7
-75%
(12)
N/A
(46)
-297%
(59)
-30%
(60)
-2%
(34)
+44%
6
N/A
15
+145%
29
+97%
56
+91%
87
+57%
165
+90%
199
+21%
140
-30%
78
-45%
(7)
N/A
(62)
-735%
(71)
-15%
(66)
+7%
27
N/A
181
+566%
424
+135%
606
+43%
695
+15%
680
-2%
580
-15%
559
-4%
518
-7%
491
-5%
423
-14%
318
-25%
249
-22%
226
-9%
Pre-Tax Income
Interest Income Expense
3
6
(23)
(20)
(18)
(19)
9
0
(9)
(22)
(31)
(37)
(42)
(39)
(52)
(52)
(47)
(41)
(32)
(28)
(25)
(28)
(15)
(20)
(36)
(46)
(53)
(66)
(66)
(68)
(51)
(61)
(55)
(51)
(39)
(47)
(45)
(42)
Non-Reccuring Items
4
(49)
(88)
(94)
(101)
(54)
(97)
(103)
(90)
(102)
(22)
(16)
(21)
(3)
(1)
1
(1)
(16)
(102)
(103)
(103)
(128)
(48)
(40)
(29)
9
17
28
20
18
31
24
52
68
32
42
26
26
Total Other Income
1
(1)
(2)
(3)
(9)
(6)
(6)
(6)
(3)
(3)
(3)
(2)
2
2
(3)
(14)
(15)
(16)
(12)
1
1
1
0
(7)
(7)
(7)
(1)
6
11
13
(0)
10
8
8
(1)
8
8
6
Pre-Tax Income
91
N/A
40
-56%
(18)
N/A
(60)
-235%
(102)
-71%
(73)
+29%
(106)
-46%
(153)
-45%
(161)
-5%
(187)
-16%
(89)
+52%
(49)
+45%
(47)
+5%
(10)
+79%
(1)
+92%
21
N/A
102
+380%
127
+25%
(6)
N/A
(52)
-844%
(135)
-160%
(217)
-61%
(133)
+39%
(133)
+0%
(45)
+66%
136
N/A
388
+184%
574
+48%
659
+15%
643
-2%
560
-13%
532
-5%
523
-2%
516
-1%
416
-20%
321
-23%
238
-26%
216
-9%
Net Income
Tax Provision
(0)
(0)
(0)
(1)
(0)
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(2)
(2)
(2)
(2)
(0)
(0)
(0)
(1)
(4)
(4)
(4)
(3)
1
0
0
1
Income from Continuing Operations
90
40
(18)
(60)
(102)
(73)
(106)
(153)
(161)
(187)
(89)
(49)
(46)
(10)
(1)
21
102
127
(6)
(52)
(135)
(217)
(135)
(134)
(47)
135
388
573
658
643
556
528
519
513
417
322
239
218
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
90
N/A
40
-56%
(18)
N/A
(60)
-230%
(102)
-70%
(73)
+28%
(106)
-45%
(153)
-45%
(161)
-5%
(187)
-16%
(89)
+52%
(49)
+45%
(46)
+5%
(10)
+79%
(1)
+92%
21
N/A
102
+380%
127
+25%
(6)
N/A
(52)
-844%
(135)
-160%
(217)
-60%
(134)
+38%
(133)
+0%
(45)
+66%
135
N/A
388
+186%
573
+48%
658
+15%
643
-2%
556
-13%
528
-5%
519
-2%
513
-1%
417
-19%
322
-23%
239
-26%
217
-9%
EPS (Diluted)
3.1
N/A
1.36
-56%
-0.62
N/A
-2.05
-231%
-3.5
-71%
-2.51
+28%
-3.64
-45%
-5.28
-45%
-5.53
-5%
-6.39
-16%
-3.05
+52%
-1.68
+45%
-1.6
+5%
-0.34
+79%
-0.03
+91%
0.72
N/A
3.57
+396%
4.54
+27%
-0.19
N/A
-1.85
-874%
-4.8
-159%
-4.61
+4%
-3.48
+25%
-2.68
+23%
-0.9
+66%
2.73
N/A
7.78
+185%
11.56
+49%
13.32
+15%
13.03
-2%
11.25
-14%
10.7
-5%
10.43
-3%
10.27
-2%
8.38
-18%
6.49
-23%
4.8
-26%
4.39
-9%