NYSE$TK

Teekay Corporation · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Teekay Q1 2026: $285.8M revenue, $47.7M net income, $1.00 special dividend

Teekay Corporation Ltd. provided a first-quarter 2026 update on May 13, 2026, reporting consolidated U.S. GAAP results for the three months ended March 31, 2026. Revenues were $285.8 million versus $257.7 million in Q4 2025 and $231.2 million in Q1 2025. Income from operations was $147.2 million and net income attributable to shareholders was $47.7 million, or $0.55 per basic share, compared with $35.0 million ($0.40) in Q4 2025 and $14.9 million ($0.17) in Q1 2025. Teekay declared a special cash dividend of $1.00 per common share payable June 2, 2026, on top of Teekay Tankers' combined $1.25 per share dividend ($0.25 regular plus $1.00 special). Teekay Parent held $127.4 million in cash and a $780.4 million market value stake in Teekay Tankers at quarter end. Fleet renewal activity included three Aframax acquisitions and Suezmax sales generating $22.7 million in gains.

  • Consolidated revenues $285.8 million; income from operations $147.2 million; net income $47.7 million ($0.55 EPS).
  • Teekay declared a $1.00 special dividend per share payable June 2, 2026 to record holders May 26, 2026.
  • Teekay Tankers declared combined $1.25 dividend ($0.25 regular + $1.00 special) for Q1 2026.
  • Teekay Parent cash $127.4 million; market value of Teekay Tankers stake $780.4 million at March 31, 2026.
  • Q1 results included $7.4 million ($0.08/share) of Teekay Tankers vessel sale gains; conference call May 14, 2026.

Headline financials

Total Revenue

$286M

Previous: $231M+23.7%
EPS (adj)

$0.55

Previous: $0.17+223.5%
Teekay Parent cash and short-term investments

$127M

No prior period
Market value of Teekay Tankers investment

$780M

No prior period
Special dividend per share

$1.00

No prior period
Net Income

$47.7M

Previous: $14.9M+219.2%
Operating Income

$147M

Previous: $71.3M+106.4%

Revenue & EPS history

Teekay · Revenue · Quarterly

$286M

Q1 2026+23.7%vs Q1 2025

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.0%

Avg return

Earnings day

-0.8%

Avg return

5 days after

-0.5%

Avg return

30 days after

52%

34 / 66 earnings

Positive

+27.1%

Q4 2019

Best reaction

-15.2%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.7%+1.3%-6.3%
Q4 2025+3.2%+4.3%-3.0%
Q3 2025-1.7%-0.5%+2.2%
Q1 2025-3.5%+3.3%+9.3%
Q4 2024-3.9%-1.9%-3.9%
Q3 2024+10.9%+8.2%-2.3%
Q2 2024-11.4%-14.6%-4.2%
Q1 2024+9.1%+8.8%+14.3%
Q4 2023-11.2%-9.7%-11.2%
Q3 2023+1.1%-3.4%-4.5%
Q2 2023-1.2%+0.8%-2.4%
Q1 2023+11.4%+7.2%+10.9%
Q4 2022+10.3%+17.3%+16.7%
Q3 2022+6.6%+12.0%+10.6%
Q2 2022+4.0%+6.2%+7.2%
Q1 2022-4.5%+1.5%-0.3%
Q4 2021+6.6%+4.7%+2.8%
Q3 2021-4.0%+0.3%-14.7%
Q2 2021-2.5%-1.1%+21.2%
Q1 2021-3.4%-3.4%+14.5%
Q4 2020-7.8%-6.4%+9.9%
Q3 2020-9.2%-0.9%+25.2%
Q2 2020+3.6%-4.4%-10.9%
Q1 2020-6.4%-5.8%-17.4%
Q4 2019+27.1%+17.7%-2.8%
Q3 2019+1.8%+1.8%+1.6%
Q2 2019-10.3%-21.9%-19.5%
Q1 2019-11.0%-13.6%-27.9%
Q4 2018+5.1%+8.0%+3.9%
Q3 2018-15.2%-29.3%-35.7%
Q2 2018+1.2%+1.0%-1.7%
Q1 2018-10.6%-12.3%-13.8%
Q4 2017+4.4%+1.3%+2.1%
Q3 2017+12.3%+3.6%+0.5%
Q2 2017-0.8%-2.2%-9.9%
Q1 2017-11.0%-10.6%-24.1%
Q4 2016-8.8%-9.7%-15.6%
Q3 2016+2.0%+3.1%+32.5%
Q2 2016+5.0%+8.1%+27.3%
Q1 2016+4.1%
Q4 2015+13.3%
Q3 2015-6.9%
Q2 2015+3.9%
Q1 2015-1.6%
Q4 2014-2.8%
Q3 2014-1.7%
Q2 2014+0.2%
Q1 2014+1.1%
Q4 2013+2.0%
Q3 2013+1.9%
Q2 2013-3.5%
Q1 2013+2.1%
Q4 2012-1.8%
Q3 2012+3.4%
Q2 2012-4.2%
Q1 2012-0.4%
Q4 2011+2.1%
Q4 2008+2.1%
Q3 2011-8.6%
Q2 2011+1.2%
Q1 2011+0.3%
Q4 2010-0.9%
Q4 2009-0.9%
Q3 2010+1.0%
Q2 2010-1.3%
Q1 2010+5.4%

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