International Seaways Q2 FY26 net income more than quadruples to $295 million; revenue rises to $467 million

Reuters2026/08/10 10:46

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International Seaways posted GAAP net income of USD 295 million, or USD 5.91 per diluted share, in Q2 2026.
Revenue rose to USD 467 million from USD 196 million a year earlier.
Adjusted EBITDA (non-GAAP) climbed to USD 345 million from USD 102 million a year earlier.
Declared a record quarterly dividend of USD 5.05 per share, payable Sept. 24, 2026; payout ratio stayed at least 85%.
Liquidity totaled about USD 935 million at June 30, including USD 409 million cash and short-term investments; net loan-to-value was about 6%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. International Seaways Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608100645BIZWIRE_USPR_____20260806_BW058071) on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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International Seaways Q2 FY26 net income more than quadruples to $295 million; revenue rises to $467 million

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