Inferra AI / Company / INSW

International Seaways, Inc.

INSW · Industrials

Last earnings Oct 16, 2026

Key results

Adjusted net incomequarter

$295 million

HIGHLIGHTS & RECENT DEVELOPMENTS Record Financial Results: · Record net income and adjusted net income (1) of $295 million.

SEC original ↗International Seaways, Inc. — Earnings release (8-K exhibit)EX-99Aug 10, 2026

Free cash flowquarter

$261 million

· Record quarterly free cash flow (1) of $261 million.

SEC original ↗International Seaways, Inc. — Earnings release (8-K exhibit)EX-99Aug 10, 2026

” Jeff Pribor, the Company’s CFO stated, “The record free cash flow generated in the second quarter exceeded our previous high by nearly $100 million.

SEC original ↗International Seaways, Inc. — Earnings release (8-K exhibit)EX-99Aug 10, 2026

Net incomequarter

$295 million

” SECOND QUARTER 2026 RESULTS Net income for the second quarter of 2026 was $295 million, or $5.91 per diluted share, compared to net income of $62 million, or $1.25 per diluted share, for the second quarter of 2025.

SEC original ↗International Seaways, Inc. — Earnings release (8-K exhibit)EX-99Aug 10, 2026

TCE revenuequarter

$51,500

The increase was primarily driven by higher TCE revenues (1) from spot earnings that increased an average of approximately $51,500 per day across the fleet and higher profit-sharing results on applicable time charters.

SEC original ↗International Seaways, Inc. — Earnings release (8-K exhibit)EX-99Aug 10, 2026

Shipping revenuequarter

$467 million

Shipping revenues for the second quarter were $467 million, compared to $196 million for the second quarter of 2025.

SEC original ↗International Seaways, Inc. — Earnings release (8-K exhibit)EX-99Aug 10, 2026

Consolidated TCE revenuequarter

$434 million

Consolidated TCE revenues (1) for the second quarter were $434 million, compared to $189 million for the second quarter of 2025.

SEC original ↗International Seaways, Inc. — Earnings release (8-K exhibit)EX-99Aug 10, 2026

Crude Tankers Shipping revenuequarter

$285 million

Crude Tankers Shipping revenues for the Crude Tankers segment were $285 million for the second quarter of 2026, compared to $104 million for the second quarter of 2025.

SEC original ↗International Seaways, Inc. — Earnings release (8-K exhibit)EX-99Aug 10, 2026

AI analysis

Q2 2026 · reported Aug 10, 2026

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Diluted EPS · Q2 2026

$5.91

EX-99 · Aug 10, 2026

Free cash flow · Q2 2026

$261M

EX-99 · Aug 10, 2026

Adjusted net income · Q2 2026

$295M

EX-99 · Aug 10, 2026

Net income · Q2 2026

$295M

EX-99 · Aug 10, 2026

The quarter in charts

Segment mix

Business-unit revenue, as stated

Segment revenue figures as stated in the event record.

Headline figures

Metric	Q2 2026	Prior qtr	Year ago
Adjusted net income	$295 million	—	—
Free cash flow	$261 million	—	—
Net income	$295 million	—	—
TCE revenue	$51,500	—	—
Shipping revenue	$467 million	—	$196 million
Consolidated TCE revenue	$434 million	—	$189 million
Crude Tankers Shipping revenue	$285 million	—	$104 million

EX-99 · Aug 10, 2026

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Cash flow & capex

Free cash flow$261M

Capital allocation

Dividend$5.05

Declared dividend$12.61

Returns to Shareholders: · Largest quarterly dividend in Company history declared: $5.05 per share to be paid in September 2026.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

INTERNATIONAL SEAWAYS REPORTS SECOND QUARTER 2026 RESULTS

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Returns to Shareholders: · Largest quarterly dividend in Company history declared: $5.05 per share to be paid in September 2026.

SEC original ↗International Seaways, Inc. — Earnings release (8-K exhibit)EX-99Aug 10, 2026

· Declared dividends of $12.61 per share over the last twelve months represent a 21% yield.

SEC original ↗International Seaways, Inc. — Earnings release (8-K exhibit)EX-99Aug 10, 2026

· Paid quarterly dividends of $4.55 per share in June 2026.

SEC original ↗International Seaways, Inc. — Earnings release (8-K exhibit)EX-99Aug 10, 2026

Zabrocky, International Seaways President and CEO commented, “We delivered the highest quarterly net income in our nearly ten-year history, complemented by a record dividend for the second consecutive quarter.

SEC original ↗International Seaways, Inc. — Earnings release (8-K exhibit)EX-99Aug 10, 2026

We followed last quarter's record dividend with the highest declaration in our history by continuing our practice of returning at least 85% of adjusted net income to shareholders.

SEC original ↗International Seaways, Inc. — Earnings release (8-K exhibit)EX-99Aug 10, 2026

RETURNING CASH TO SHAREHOLDERS In June 2026, the Company paid total dividends of $4.55 per share of common stock.

SEC original ↗International Seaways, Inc. — Earnings release (8-K exhibit)EX-99Aug 10, 2026

Strategy & priorities

The Company focuses on the safe and reliable operation of its fleet and primarily employs its vessels in commercial pools, most of which it has an ownership interest, enhancing scale and market access.

SEC original ↗International Seaways, Inc. — Earnings release (8-K exhibit)EX-99Aug 10, 2026

These matters or statements may relate to plans to issue dividends, the Company’s prospects, including statements regarding vessel acquisitions, expected synergies, trends in the tanker markets, and possibilities of strategic alliances and investments.

SEC original ↗International Seaways, Inc. — Earnings release (8-K exhibit)EX-99Aug 10, 2026

Risks & headwinds

Risks and Uncertainties The unaudited condensed consolidated financial statements presented herein reflect estimates and assumptions made by management at June 30, 2026.

SEC original ↗International Seaways, Inc. — 10-Q Quarterly report10-QAug 10, 2026

Events and changes in circumstances arising after August 10, 2026, including those resulting from the impacts of macroeconomic volatility with respect to trade and tariffs, as well as the ongoing international conflicts, will be reflected in management s estimates and assumptions for future periods.

SEC original ↗International Seaways, Inc. — 10-Q Quarterly report10-QAug 10, 2026

Documents

Earnings deck slides

0 decks with slide view

International Seaways, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors