NYSE$INSW

International Seaways Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

International Seaways reported Q1 2026 shipping revenues driven by tanker spot and pool rates.

For the quarter ended March 31, 2026, International Seaways (INSW) reported shipping revenues from pool revenues, time charters, and voyage charters in the crude and product tanker markets. Results reflect spot rate volatility, fleet utilization, and fuel costs typical of international tanker operators.

  • Tanker operator: pool, time charter, and voyage revenue.
  • Spot rates and fleet utilization drive quarterly results.
  • Crude and product tanker market exposure.
  • Balance sheet and fleet age support charter strategy.

Headline financials

Total Revenue

$325M

Previous: $183M+77.5%
EPS (adj)

$5.75

Previous: $1.00+475.0%
Capital Expenditures

-$319K

Previous: -$376K+15.2%
Net Income

$286M

Previous: $49.6M+477.3%
Operating Income

$289M

Previous: $59.2M+387.7%

Revenue & EPS history

International Seaways · Revenue · Quarterly

$325M

Q1 2026+77.5%vs Q1 2025
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

International Seaways · $242M total across 2 segments · Q3 2023

  • Product Carriers
    $128M-20.2%
  • Crude Tankers
    $114M+48.2%

Forward guidance

Tanker companies do not give EPS guidance; discusses market rates and fleet days.

Tailwinds

  • Leverage to improving tanker rate environment when tight.
  • Modern fleet and charter mix.

Headwinds

  • Rate volatility cuts both ways.
  • Regulatory and environmental compliance costs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+1.1%

Avg return

Earnings day

+1.8%

Avg return

5 days after

+0.3%

Avg return

30 days after

68%

26 / 38 earnings

Positive

+10.3%

Q1 2021

Best reaction

-15.5%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+5.1%+3.0%-5.5%
Q4 2025+3.8%+8.8%+2.4%
Q3 2025+4.6%+6.0%+2.0%
Q1 2025+1.0%+6.5%+2.8%
Q4 2024-7.5%-5.8%-9.1%
Q3 2024-3.9%-6.5%-17.3%
Q2 2024-3.6%-2.8%-2.6%
Q1 2024+9.3%+8.9%+8.8%
Q4 2023+3.3%+1.0%+1.8%
Q3 2023-3.8%-3.0%-9.9%
Q2 2023+1.8%+1.8%-2.2%
Q1 2023+4.6%+8.9%+5.0%
Q4 2022+5.4%+8.7%-15.6%
Q3 2022+2.2%-3.0%-12.4%
Q2 2022+6.1%+12.1%+25.4%
Q1 2022+1.3%-7.4%+12.2%
Q4 2021+0.3%+3.2%+4.5%
Q3 2021-5.3%-1.0%-14.5%
Q2 2021+0.7%-0.3%+7.5%
Q1 2021+10.3%+5.7%+7.2%
Q4 2020+6.4%+7.1%-4.9%
Q3 2020+5.4%+7.7%+23.4%
Q2 2020+0.5%+7.2%-8.6%
Q1 2020+5.0%+4.0%+3.9%
Q4 2019-5.9%-7.0%+4.8%
Q3 2019+1.1%+6.2%+15.1%
Q2 2019+1.7%+3.8%+15.0%
Q1 2019+7.1%+7.6%-2.1%
Q4 2018+7.5%+7.1%+10.6%
Q3 2018-15.5%-21.8%-17.5%
Q2 2018-4.2%-5.4%-13.1%
Q1 2018-2.6%-1.2%+1.6%
Q4 2017+10.1%+12.7%+9.3%
Q3 2017-9.1%-16.2%-19.9%
Q2 2017-3.1%-6.1%-18.3%
Q1 2017+5.7%+0.5%-0.2%
Q4 2016-5.9%-6.1%-5.3%
Q3 2016+3.6%+24.0%+27.8%
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015

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