International Seaways (INSW) Gross Margin (2023 - 2025)

International Seaways' Gross Margin history runs 3 years deep, the most recent figure standing at 99.33% for Q4 2025.

• In Q4 2025, Gross Margin fell 62.0% year-over-year to 99.33%; the TTM figure through Dec 2025 stood at 99.58% (down 12.0% YoY), while the FY2025 annual figure was 99.58%, down 12.0% from the prior year.
• Gross Margin came in at 99.33% for Q4 2025 at International Seaways, roughly flat from 99.23% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 100.0% in Q3 2023 to a low of 99.23% in Q3 2025.
• A 3-year average of 99.7% and a median of 99.9% in 2024 frame the typical range for Gross Margin.
• On a YoY basis, Gross Margin climbed as much as 50 bps in 2025 and fell as far as 62 bps in 2025.
• International Seaways' Gross Margin stood at 100.0% in 2023, then decreased by 0 bps to 99.95% in 2024, then declined by 1 bps to 99.33% in 2025.
• According to Business Quant data, Gross Margin over the past three periods registered 99.33%, 99.23%, and 99.94% for Q4 2025, Q3 2025, and Q2 2025 respectively.

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