International Seaways Q1 net income $286M, declares record $4.55/share dividend

International Seaways, Inc.

2026-Q1 EPS reported $5.75 vs consensus $2.64 ▲ beat (+117.7%)

Net income $286M ($5.75 diluted EPS); adjusted net income $194M ($3.90 diluted EPS).
Shipping revenue $325M, up from $183M YoY; TCE revenue $317M vs $178M.
Combined dividend of $4.55/sh paid June 26, 2026: $0.12 regular + $4.43 supplemental; largest in history.
Sold 7 vessels for ~$216M, recognized $88M gains; took delivery of two LR1 newbuildings.
Total liquidity ~$918M; net loan-to-value below 7%.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

International Seaways, Inc. reported first quarter 2026 results: revenue $325 million, net income $286 million, EPS $5.75 per diluted share.

Period: first quarter 2026
Revenue: $325 million
Net income: $286 million
EPS: $5.75 per diluted share
Result: reported results

Exact text from the filing

spot earnings that increased an average of approximately $30,000 per day across the fleet and an increase in gains on vessel sales. Shipping revenues for the first quarter were $325 million, compared to $183 million for the first quarter of 2025. Consolidated TCE revenues (1) for the first quarter were $317 million, compared to $178 million for the first quarter of

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International Seaways, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-056695

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