Financial insights of INSW

MyFinsight

For the quarter ending 2026-03-31, INSW made $325,476K in revenue. $286,143K in net income. Net profit margin of 87.92%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Shipping revenues	325,476	267,879	196,388	195,641
Other operating income	1,900	-	-	-
Voyage expenses	8,231	7,897	3,920	6,819
Vessel expenses	61,039	65,879	65,815	67,421
Charter hire expenses	7,696	7,355	7,134	9,627
Depreciation and amortization	40,567	41,362	41,170	41,349
General and administrative	9,311	13,049	11,804	12,165
Other operating expenses	138	1,804	1,520	122
Gain on disposal of vessels and other assets, net	88,171	7,629	13,658	11,229
Total operating expenses	38,811	129,717	117,705	126,274
Income from vessel operations	288,565	138,162	78,683	69,367
Holding gain on previously held equity interest	3,919	-	-	-
Operating income	292,484	-	-	-
Other income	2,618	799	1,486	2,040
Income before interest expense	-	-	80,169	71,407
Income before interest expense and income taxes	295,102	139,269	-	-
Interest expense	8,959	11,868	9,623	9,761
Income before income taxes	-	127,401*	70,546	-
Income tax benefit/(provision)	-	-103*	-	-
Net income	286,143	127,504	70,546	61,646

Basic EPS	5.78	2.583	1.43	1.25
Diluted EPS	5.75	2.562	1.42	1.25
Basic Average Shares	49,460,962	49,361,994	49,348,406	49,323,071
Diluted Average Shares	49,714,857	49,772,275	49,606,210	49,476,481

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.