Financial insights of INSW

MyFinsight

For the quarter ending 2025-09-30, INSW made $196,388K in revenue. $70,546K in net income. Net profit margin of 35.92%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Shipping revenues	196,388	195,641	183,394	225,190
Voyage expenses	3,920	6,819	5,052	5,503
Vessel expenses	65,815	67,421	67,028	71,269
Charter hire expenses	7,134	9,627	9,145	7,245
Depreciation and amortization	41,170	41,349	39,705	39,304
General and administrative	11,804	12,165	13,217	13,411
Other operating expenses	1,520	122	95	985
Gain on disposal of vessels and other assets, net	13,658	11,229	10,021	13,499
Total operating expenses	117,705	126,274	124,221	124,218
Income from vessel operations	78,683	69,367	59,173	100,972
Other income	1,486	2,040	1,844	3,211
Income before interest expense	80,169	71,407	61,017	104,183
Interest expense	9,623	9,761	11,452	12,496
Income before income taxes	70,546	-	-	91,687
Income tax expense (benefit)	-	-	-	-1
Net income (loss), including portion attributable to noncontrolling interest	-	-	-	91,688
Net income	70,546	61,646	49,565	91,688

Earnings per share, basic	1.43	1.25	1	1.85
Earnings per share, diluted	1.42	1.25	1	1.84
Weighted average number of shares outstanding, basic	49,348,406	49,323,071	49,307,449	49,544,412
Weighted average number of shares outstanding, diluted	49,606,210	49,476,481	49,528,814	49,881,317