Financial Statements — INSW
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.16 | 0.14 | 0.41 | 0.15 | 0.13 | 0.10 | 0.18 | 0.14 | 0.14 | 0.12 | 0.16 | 0.17 | 0.23 | 0.07 | 0.11 | 0.12 | 0.16 |
| Short-term Investments | 0.25 | 0.24 | 0.00 | -- | 0.00 | 0.05 | 0.00 | 0.08 | 0.08 | 0.12 | 0.11 | 0.08 | -- | -- | -- | -- | -- |
| Accounts Receivable | 0.31 | 0.24 | 0.16 | 0.15 | 0.16 | 0.19 | 0.22 | 0.24 | 0.22 | 0.24 | 0.25 | 0.23 | 0.18 | 0.12 | 0.10 | 0.05 | 0.05 |
| Inventory | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Current Assets | 0.78 | 0.67 | 0.59 | 0.33 | 0.33 | 0.37 | 0.43 | 0.49 | 0.47 | 0.56 | 0.56 | 0.51 | 0.44 | 0.25 | 0.23 | 0.21 | 0.22 |
| Property, Plant & Equipment | 2.02 | 1.99 | 1.95 | 1.96 | 2.00 | 2.05 | 2.08 | 1.89 | 1.95 | 1.98 | 1.78 | 1.71 | 1.72 | 1.77 | 1.91 | 1.06 | 1.10 |
| Goodwill | 0.01 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- |
| Total Non-current Assets* | 2.24 | 2.20 | 2.20 | 2.19 | 2.22 | 2.22 | 2.24 | 2.06 | 2.09 | 2.10 | 2.01 | 1.95 | 1.93 | 2.12 | 2.21 | 1.31 | 1.33 |
| Total Assets | 3.02 | 2.87 | 2.79 | 2.52 | 2.54 | 2.59 | 2.67 | 2.55 | 2.56 | 2.66 | 2.57 | 2.46 | 2.36 | 2.37 | 2.44 | 1.52 | 1.55 |
| Total Current Liabilities | 0.13 | 0.09 | 0.34 | 0.35 | 0.12 | 0.10 | 0.11 | 0.18 | 0.19 | 0.25 | 0.23 | 0.22 | 0.21 | 0.25 | 0.28 | 0.10 | 0.10 |
| Long-term Debt | 0.65 | 0.60 | 0.79 | 0.55 | 0.59 | 0.65 | 0.71 | 0.69 | 0.84 | 0.98 | 0.93 | 1.07 | 1.07 | 1.12 | 1.11 | 0.51 | 0.52 |
| Total Non-current Liabilities* | 0.62 | 0.59 | 0.52 | 0.27 | 0.56 | 0.61 | 0.68 | 0.58 | 0.72 | 0.79 | 0.79 | 0.91 | 0.92 | 0.96 | 0.92 | 0.47 | 0.49 |
| Total Liabilities | 0.75 | 0.68 | 0.86 | 0.62 | 0.67 | 0.71 | 0.79 | 0.76 | 0.91 | 1.04 | 1.01 | 1.13 | 1.13 | 1.20 | 1.20 | 0.57 | 0.58 |
| Retained Earnings | 0.77 | 0.70 | 0.44 | 0.41 | 0.37 | 0.38 | 0.36 | 0.31 | 0.16 | 0.13 | 0.05 | (0.24) | (0.35) | (0.42) | (0.38) | (0.31) | (0.29) |
| Total Stockholder Equity* | 2.27 | 2.19 | 1.93 | 1.90 | 1.87 | 1.87 | 1.89 | 1.79 | 1.65 | 1.62 | 1.56 | 1.33 | 1.23 | 1.16 | 1.21 | 0.95 | 0.97 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 467.29 | 325.48 | 267.88 | 196.39 | 195.64 | 183.39 | 194.61 | 225.19 | 257.41 | 274.40 | 250.73 | 241.71 | 292.20 | 287.13 | 338.16 | 236.83 | 188.20 | 101.48 | 94.67 | 84.82 |
| Selling, General & Admin | 16.60 | 9.31 | 13.05 | 11.80 | 12.17 | 13.22 | 14.84 | 13.41 | 11.99 | 12.37 | 12.39 | 12.31 | 11.52 | 11.25 | 13.50 | 11.84 | 10.85 | 10.17 | 10.10 | 8.19 |
| Operating Income | 301.35 | 288.57 | 138.16 | 78.68 | 69.37 | 59.17 | 45.04 | 100.97 | 154.79 | 154.42 | 147.30 | 114.16 | 168.68 | 185.30 | 232.49 | 128.41 | 87.38 | (5.63) | (20.05) | (62.82) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 12.89 | 14.08 | 16.82 | 17.91 | 16.95 | 17.09 | 15.33 | 12.56 | 12.74 | 11.87 | 10.64 |
| Pretax Income | 294.92 | -- | 127.09 | 70.55 | -- | -- | 34.74 | 91.69 | 144.72 | 144.49 | 135.56 | 97.99 | 154.14 | 172.63 | 218.45 | 113.43 | 69.09 | (13.00) | (33.05) | (67.84) |
| Tax Provision | -0.00 | -- | (0.41) | 0.00 | -- | -- | (1.08) | -0.00 | 0.00 | 0.00 | 3.45 | 0.05 | 0.38 | -0.00 | 0.03 | 0.01 | 0.05 | 0.00 | 1.58 | 0.04 |
| Net Income | 294.93 | 286.14 | 127.50 | 70.55 | 61.65 | 49.57 | 35.82 | 91.69 | 144.72 | 144.49 | 132.11 | 97.94 | 153.76 | 172.63 | 218.43 | 113.43 | 69.04 | (13.00) | (33.99) | (67.35) |
| Basic EPS | 5.96 | 5.78 | 2.59 | 1.43 | 1.25 | 1.00 | 0.72 | 1.85 | 2.93 | 2.95 | 2.71 | 2.00 | 3.13 | 3.51 | 4.42 | 2.30 | 1.39 | (0.26) | (0.89) | (1.44) |
| Diluted EPS | 5.91 | 5.75 | 2.56 | 1.42 | 1.25 | 1.00 | 0.71 | 1.84 | 2.91 | 2.92 | 2.68 | 1.99 | 3.11 | 3.47 | 4.37 | 2.28 | 1.38 | (0.26) | (0.89) | (1.44) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 267.68 | 141.06 | 146.00 | 78.33 | 85.78 | 69.95 | 93.62 | 129.14 | 167.94 | 156.44 | 125.48 | 148.46 | 193.63 | 220.82 | 181.60 | 91.36 | 34.63 | (19.78) | (27.16) | (26.51) |
| Capital Expenditures | 0.07 | 0.32 | 0.81 | 0.07 | 0.18 | 2.90 | 0.51 | 0.08 | 0.10 | 0.70 | 0.44 | 0.45 | 0.06 | 0.52 | 0.04 | 0.17 | 0.12 | 3.00 | 0.53 | 0.18 |
| Free Cash Flow* | 267.61 | 140.74 | 145.19 | 78.25 | 85.60 | 67.05 | 93.12 | 129.06 | 167.84 | 155.74 | 125.05 | 148.01 | 193.57 | 220.30 | 181.56 | 91.19 | 34.51 | (22.78) | (27.69) | (26.69) |
| Investing Cash Flow | (67.74) | (37.63) | (166.79) | (21.01) | 9.57 | 36.92 | (17.93) | (40.67) | (53.51) | (42.90) | 45.28 | 39.03 | (136.36) | (72.22) | (9.23) | (112.51) | 179.18 | (14.65) | 17.15 | 137.21 |
| Financing Cash Flow | (182.39) | (78.50) | (274.86) | 206.44 | (79.31) | (131.60) | (21.49) | (161.30) | (77.79) | (100.80) | (182.98) | (164.54) | (115.80) | (217.79) | (104.15) | (35.04) | (57.69) | 11.10 | (23.65) | (111.66) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2024 | Q4
2016 | Q3
2016 |
|---|
| Dividends Per Share | 0.12 | 0.00 | 6.93 |
