For the quarter ending 2025-09-30, INSW made $196,388,000 in revenue. $70,546,000 in net income. Net profit margin of 35.92%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Shipping revenues | 196,388,000 | 195,641,000 | 183,394,000 | 234,507,000 |
| Voyage expenses | 3,920,000 | 6,819,000 | 5,052,000 | 3,723,000 |
| Vessel expenses | 65,815,000 | 67,421,000 | 67,028,000 | 68,276,000 |
| Charter hire expenses | 7,134,000 | 9,627,000 | 9,145,000 | 7,823,000 |
| Third-party debt modification fees | - | - | - | 0 |
| Depreciation and amortization | 41,170,000 | 41,349,000 | 39,705,000 | 36,809,500 |
| General and administrative | 11,804,000 | 12,165,000 | 13,217,000 | 13,605,500 |
| Other operating expenses | 1,520,000 | 122,000 | 95,000 | 190,500 |
| Gain on disposal of vessels and other assets, net | 13,658,000 | 11,229,000 | 10,021,000 | -4,347,000 |
| Total operating expenses | 117,705,000 | 126,274,000 | 124,221,000 | 134,774,500 |
| Income from vessel operations | 78,683,000 | 69,367,000 | 59,173,000 | 99,732,500 |
| Operating income | - | - | - | 99,732,500 |
| Other income | 1,486,000 | 2,040,000 | 1,844,000 | 2,273,500 |
| Income before interest expense | 80,169,000 | 71,407,000 | 61,017,000 | 102,006,000 |
| Interest expense | 9,623,000 | 9,761,000 | 11,452,000 | 12,391,000 |
| Income before income taxes | 70,546,000 | - | - | 89,615,000 |
| Income tax benefit/(provision) | - | - | - | -361,000 |
| Net income | - | - | - | 90,156,500 |
| Net income | 70,546,000 | 61,646,000 | 49,565,000 | 90,156,500 |
| Earnings per share, basic | 1.43 | 1.25 | 1 | 1.835 |
| Earnings per share, diluted | 1.42 | 1.25 | 1 | 1.815 |
| Weighted average number of shares outstanding, basic | 49,348,406 | 49,323,071 | 49,307,449 | -24,830,554.5 |
| Weighted average number of shares outstanding, diluted | 49,606,210 | 49,476,481 | 49,528,814 | -24,961,524 |
International Seaways, Inc. (INSW)
International Seaways, Inc. (INSW)