INTERNATIONAL SEAWAYS, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $843.3M | $951.6M | $1.07B | $864.7M | $272.5M | $421.6M | $366.2M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $50.2M | $52.6M | $47.5M | $46.4M | $33.2M | $29.0M | $26.8M |
| Operating Income | — | $345.4M | $455.2M | $615.4M | $442.7M | $-112.1M | $39.9M | $55.2M |
| Operating Margin | — | 41.0% | 47.8% | 57.4% | 51.2% | -41.1% | 9.5% | 15.1% |
| Interest Expense | — | — | — | $65.8M | $57.7M | $36.8M | $36.7M | $66.3M |
| Pretax Income | — | $308.9M | $415.6M | $560.3M | $388.0M | $-133.0M | $-5.5M | $-829.0K |
| Income Tax Expense | — | $-411.0K | $-1.1M | $3.9M | $88.0K | $1.6M | $1.0K | $1.0K |
| Net Income | — | $309.3M | $416.7M | $556.4M | $387.9M | $-133.5M | $-5.5M | $-830.0K |
| Net Margin | — | 36.7% | 43.8% | 51.9% | 44.9% | -49.0% | -1.3% | -0.2% |
| EPS (Basic) | — | $6.27 | $8.45 | $11.35 | $7.85 | $-3.48 | $-0.20 | $-0.03 |
| EPS (Diluted) | — | $6.23 | $8.38 | $11.25 | $7.77 | $-3.48 | $-0.20 | $-0.03 |
| Shares Outstanding (Basic) | 49.4M | 49.3M | 49.3M | 49.0M | 49.4M | 38.4M | 28.4M | 29.2M |
| Shares Outstanding (Diluted) | 49.4M | 49.6M | 49.7M | 49.4M | 49.8M | 38.4M | 28.4M | 29.2M |
| Dividends Per Share | — | $2.93 | $5.77 | $6.29 | $1.42 | — | — | — |