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INTERNATIONAL SEAWAYS, INC.

CIK: 1679049 SIC: 4400
$770.04M
Revenue
$217.58M
Net Income
-
Gross Margin
32.76%
Op. Margin
$553.35M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 13 of 28 quarterly reports available
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
+ Total Revenue $196.39M $195.64M $183.39M $194.61M $225.19M $257.41M $274.40M $250.73M $241.71M $292.20M $287.13M $338.16M $236.83M
Revenue Growth % (YoY) -12.8% -24.0% -33.2% -22.4% -6.8% -11.9% -4.4% -25.9% 2.1% nan% nan% nan% nan%
Operating Expenses $117.70M $126.27M $124.22M $149.57M $124.22M $102.62M $119.98M $103.44M $127.55M $123.53M $101.83M $105.66M $108.42M
+ Operating Income $78.68M $69.37M $59.17M $45.04M $100.97M $154.79M $154.42M $147.30M $114.16M $168.68M $185.30M $232.49M $128.41M
Operating Margin % 40.1% 35.5% 32.3% 23.1% 44.8% 60.1% 56.3% 58.7% 47.2% 57.7% 64.5% 68.8% 54.2%
Interest Expense $9.62M $9.76M $11.45M $11.89M $12.50M $12.43M $12.89M $14.08M $16.82M $17.91M $16.95M $17.09M $15.33M
Other Income/Expense $1.49M $2.04M $1.84M $1.59M $3.21M $2.36M $2.95M $2.34M $646.00K $3.38M $4.28M $2.77M $360.00K
Income Before Tax $70.55M - - $34.74M $91.69M $144.72M $144.49M $135.56M $97.99M $154.14M $172.63M $218.45M $113.43M
Income Tax Expense - - - $-1.08M $-1.00K - - $3.45M $52.00K $381.00K $-1.00K $25.00K $7.00K
+ Net Income $70.55M $61.65M $49.56M $35.82M $91.69M $144.72M $144.49M $132.11M $97.94M $153.76M $172.63M $218.43M $113.43M
Net Margin % 35.9% 31.5% 27.0% 18.4% 40.7% 56.2% 52.7% 52.7% 40.5% 52.6% 60.1% 64.6% 47.9%
Basic EPS 1.43 1.25 1.00 0.73 1.85 2.93 2.95 2.70 2.00 3.13 3.51 4.43 2.30
Diluted EPS 1.42 1.25 1.00 0.72 1.84 2.91 2.92 2.67 1.99 3.11 3.47 4.37 2.28
Basic Shares Outstanding 49.3M 49.3M 49.3M -32K 49.5M 49.4M 49.0M -30K 48.9M 49.0M 49.1M -112K 49.3M
Diluted Shares Outstanding 49.6M 49.5M 49.5M 3K 49.9M 49.7M 49.4M -14K 49.3M 49.4M 49.6M 87K 49.7M
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
Cash & Cash Equivalents $412.57M $148.81M $132.77M $157.51M $103.31M $176.14M $139.50M $126.76M $138.98M $116.02M $156.22M $243.74M $174.47M
Short-term Investments - - - - $50.00M - $75.00M $60.00M $75.00M $120.00M $105.00M $80.00M $80.00M
Accounts Receivable $155.02M $150.21M $160.35M $185.52M $191.09M $223.08M $242.96M $247.16M $219.83M $241.09M $248.03M $289.77M $230.14M
Inventory $577.00K $522.00K $573.00K $1.88M $378.00K $1.85M $593.00K $1.33M $1.14M $629.00K $698.00K $531.00K $873.00K
Other Current Assets $9.40M $11.88M $15.62M $15.57M $9.72M $12.23M $15.09M $10.34M $11.57M $15.08M $16.49M $8.99M $11.38M
Total Current Assets $591.97M $332.39M $326.61M $376.32M $372.27M $434.62M $490.07M $464.98M $473.88M $559.68M $562.60M $642.62M $509.55M
Property Plant & Equipment $1.95B $1.96B $2.00B $2.05B $2.05B $2.08B $1.89B $1.91B $1.95B $1.98B $1.78B $1.68B $1.71B
Intangible Assets - - - - - - - - - - - - -
Other Non-current Assets $29.27M $16.60M $17.08M $25.23M $16.91M $17.32M $32.36M $6.57M $6.33M $5.16M $9.44M $9.22M $13.37M
Total Assets $2.79B $2.52B $2.54B $2.64B $2.59B $2.67B $2.55B $2.52B $2.56B $2.66B $2.57B $2.62B $2.46B
Accounts Payable - - - $5.83M - - - - - - - - -
Deferred Revenue - - - $7.83M - - - - - - - - -
Other Current Liabilities - - - $2.94M - - - - - - - - -
Total Current Liabilities $337.71M $350.33M $118.44M $130.94M $103.29M $111.73M $179.75M $195.57M $187.34M $247.28M $227.48M $257.39M $220.88M
Long-term Debt $509.53M $259.80M $544.73M $688.41M $600.69M $663.05M $564.20M $595.23M $707.00M $778.27M $777.15M $860.58M $900.51M
Other Non-current Liabilities $2.35M $6.70M $3.43M $2.35M $2.46M $5.49M $3.31M $2.63M $2.59M $2.30M $1.88M $1.88M $1.59M
Total Liabilities $855.79M $623.44M $673.55M $780.35M $713.22M $787.23M $756.53M $805.06M $910.95M $1.04B $1.01B $1.13B $1.13B
Common Stock $1.51B $1.50B $1.50B $1.50B $1.50B $1.52B $1.49B $1.49B $1.49B $1.49B $1.50B $1.50B $1.56B
Retained Earnings $438.77M $406.24M $374.21M $359.14M $382.35M $364.45M $306.66M $226.83M $155.88M $127.37M $52.87M $-21.45M $-239.88M
Total Stockholders Equity $1.93B $1.90B $1.87B $1.86B $1.87B $1.89B $1.79B $1.72B $1.65B $1.62B $1.56B $1.49B $1.33B
Total Liabilities & Equity $2.79B $2.52B $2.54B $2.64B $2.59B $2.67B $2.55B $2.52B $2.56B $2.66B $2.57B $2.62B $2.46B
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
Net Income $70.55M $61.65M $49.56M $35.82M $380.90M $289.21M $144.49M $132.11M $97.94M $153.76M $172.63M $218.43M $169.46M
Depreciation & Amortization $41.17M $41.35M $39.70M $39.47M $39.30M $36.52M $34.15M $33.68M $95.36M $32.45M $29.55M $28.40M $81.98M
Stock-based Compensation $5.81M $3.79M $1.95M $3.26M $5.74M $3.63M $1.69M $2.61M $5.91M $3.87M $1.90M $2.30M $4.45M
Change in Receivables $-30.50M $-35.31M $-25.17M $-5.57M $-56.07M $-24.09M $-4.21M $27.34M $-69.95M $-48.69M $-41.75M $59.63M $123.05M
Operating Cash Flow $234.05M $155.73M $69.95M $93.62M $453.52M $324.38M $156.44M $125.48M $562.92M $414.46M $220.82M $181.60M $106.20M
Investing Cash Flow $25.48M $46.49M $36.91M $-17.93M $-137.09M $-96.42M $-42.90M $45.28M $-169.55M $-208.58M $-72.22M $-9.23M $52.03M
Debt Repayment - - - - $39.85M $39.85M $19.54M $58.37M $323.69M $192.86M $137.45M $54.71M $744.03M
Stock Repurchased - - - - $25.00M - - - $13.95M $13.95M - - $20.02M
Dividends Paid $102.13M $64.11M $34.49M $59.03M $225.38M $151.59M $64.66M $61.15M $247.00M $177.56M $98.31M $55.01M $14.83M
Financing Cash Flow $-4.47M $-210.91M $-131.60M $-21.49M $-339.88M $-178.59M $-100.80M $-182.98M $-498.14M $-333.59M $-217.79M $-104.15M $-81.64M
Net Change in Cash $255.06M $-8.70M $-24.74M $54.20M $-23.45M $49.38M $12.74M $-12.22M $-104.77M $-127.72M $-69.19M $68.22M $76.59M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $196.39M $225.19M $575.42M $757.00M
Operating Expenses $117.70M $124.22M $368.20M $346.82M
Operating Income $78.68M $100.97M $207.22M $410.18M
Interest Expense $9.62M $12.50M $30.84M $37.81M
Other Income/Expense $1.49M $3.21M $5.37M $8.53M
Income Before Tax $70.55M $91.69M $181.76M $380.90M
Income Tax Expense - $-1.00K - $-1.00K
Net Income $70.55M $91.69M $181.76M $380.90M
Basic EPS 1.43 1.85 3.68 7.72
Diluted EPS 1.42 1.84 3.67 7.66
Basic Shares Outstanding $49.35M $49.54M $49.33M $49.30M
Diluted Shares Outstanding $49.61M $49.88M $49.54M $49.68M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $412.57M $157.51M
Short-term Investments - -
Accounts Receivable $155.02M $185.52M
Inventory $577.00K $1.88M
Other Current Assets $9.40M $15.57M
Total Current Assets $591.97M $376.32M
Property Plant & Equipment $1.95B $2.05B
Other Non-current Assets $29.27M $25.23M
Total Assets $2.79B $2.64B
Total Current Liabilities $337.71M $130.94M
Long-term Debt $509.53M $638.35M
Other Non-current Liabilities $2.35M $2.35M
Total Liabilities $855.79M $780.35M
Common Stock $1.51B $1.50B
Retained Earnings $438.77M $359.14M
Total Stockholders Equity $1.93B $1.86B
Total Liabilities & Equity $2.79B $2.64B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $70.55M $91.69M $181.76M $380.90M
Depreciation & Amortization $41.17M $39.30M $122.22M $109.97M
Stock-based Compensation - - $5.81M $5.74M
Change in Receivables - - $-30.50M $-56.07M
Operating Cash Flow - - $234.05M $453.52M
Investing Cash Flow - - $25.48M $-137.09M
Debt Repayment - - - $39.85M
Stock Repurchased - - - $25.00M
Dividends Paid - - $102.13M $225.38M
Financing Cash Flow - - $-4.47M $-339.88M
Net Change in Cash - - $255.06M $-23.45M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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