International Seaways (INSW) Gross Margin (2024 - 2026)
International Seaways' (INSW) quarterly Gross Margin came in at 99.97% in Q2 2026, up 3.0% year-over-year from 97.06% in Q2 2025, and little changed quarter-over-quarter from 99.96% in Q1 2026.
Analysis
International Seaways (INSW) Gross Margin (2024 - 2026) Analysis & Trends
International Seaways has disclosed Gross Margin across 3 years of filings, most recently posting 99.97% for Q2 2026.
- In Q2 2026, Gross Margin rose 3.0% year-over-year to 99.97%; the TTM figure through Jun 2026 stood at 99.71% (down 12.0% YoY), while the FY2025 annual figure was 99.58%, down 12.0% from the prior year.
- Gross Margin came in at 99.97% for Q2 2026 at International Seaways, roughly flat from 99.96% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 99.97% in Q2 2026 to a low of 99.23% in Q3 2025.
- Average Gross Margin over 3 years is 99.72%, with a median of 99.92% recorded in 2024.
- The largest YoY upside for Gross Margin was 50 bps in 2025 against a maximum downside of 62 bps in 2025.
- Over 3 years, Gross Margin stood at 99.95% in 2024, then dropped by 1 bps to 99.33% in 2025, then advanced by 1 bps to 99.97% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 99.97% in Q2 2026, 99.96% in Q1 2026, and 99.33% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 31.53% |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 99.97% |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 45.71% |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 79.33% |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 84.14% |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 83.88% |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 98.37% |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | 14.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 99.97% |
| Mar 31, 2026 | 99.96% |
| Dec 31, 2025 | 99.33% |
| Sep 30, 2025 | 99.23% |
| Jun 30, 2025 | 99.94% |
| Mar 31, 2025 | 99.95% |
| Dec 31, 2024 | 99.95% |
| Sep 30, 2024 | 99.56% |
| Jun 30, 2024 | 99.44% |
| Mar 31, 2024 | 99.90% |