NYSE$TK

Teekay Corporation · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Teekay posted Q3 net income of $29.6M ($0.34/share) on $228.5M revenue as Teekay Tankers fleet renewal and vessel-sale gains lifted parent results.

Teekay Corporation reported third-quarter 2025 consolidated revenue of $228.5 million, up from $232.2 million in Q2 but down from $272.6 million a year ago, with net income attributable to shareholders of $29.6 million or $0.34 per share versus $20.1 million and $0.22 in Q3 2024. Income from operations was $69.2 million, helped by Teekay Tankers vessel-sale gains of $8.7 million and a $0.25 quarterly dividend from the TNK subsidiary. Teekay Parent held $111.8 million in cash and a $538.1 million market value stake in Teekay Tankers at quarter end after paying an $85.3 million special dividend in the period.

  • Consolidated Q3 revenue was $228.5M with net income of $29.6M ($0.34/share), up from $20.1M ($0.22) in Q3 2024.
  • Income from operations reached $69.2M; results included $8.7M in Teekay Tankers vessel-sale gains and a $2.7M TNK dividend to Teekay Parent.
  • Teekay Tankers completed most of a five-vessel sale program expected to generate $158.5M gross proceeds and declared a $0.25 regular quarterly dividend.
  • Teekay Parent cash fell to $111.8M from $200.6M at June 30 after an $85.3M special dividend, while its TNK stake was valued at $538.1M.
  • Management pointed investors to Teekay Tankers' separate Q3 release for subsidiary detail and scheduled a joint conference call for Oct. 30.

Headline financials

Total Revenue

$228M

Previous: $273M-16.2%
EPS (adj)

$0.34

Previous: $0.23+47.8%
Teekay Tankers stake market value

$538M

No prior period
Net Income

$29.6M

Previous: $20.1M+47.2%
Operating Income

$69.2M

Previous: $57.8M+19.6%
Cash & Equivalents

$112M

No prior period

Revenue & EPS history

Teekay · Revenue · Quarterly

$228M

Q3 2025-16.2%vs Q3 2024

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 Q3 2025

Historical avgQ3 2025

+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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