International Seaways (INSW) Operating Expenses (2015 - 2025)

International Seaways (INSW) reported Operating Expenses of $129.7 million for Q4 2025, down 13.27% on a YoY basis from $149.6 million in Q4 2024, and up 10.21% sequentially from $117.7 million in Q3 2025.

International Seaways (INSW) Operating Expenses (2015 - 2025) Analysis & Trends

International Seaways (INSW) has 11 years of Operating Expenses data on file, last reported at $129.7 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses fell 13.27% year-over-year to $129.7 million; the trailing twelve-month figure through Dec 2025 stood at $497.9 million (changed 0.31% YoY), and the FY2025 full-year result was $497.9 million, changed 0.31% from the prior year.
  • Operating Expenses grew to $129.7 million in Q4 2025, from $117.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $149.6 million in Q4 2024 to a low of $58.6 million in Q1 2021.
  • A 5-year average of $112.9 million and a median of $116.2 million in 2021 frame the typical range for Operating Expenses.
  • Peak annual rise in Operating Expenses reached 82.78% in 2022, while the deepest fall reached 26.56% in 2022.
  • Tracing INSW's Operating Expenses over 5 years: stood at $114.7 million in 2021, then decreased by 7.9% to $105.7 million in 2022, then retreated by 2.11% to $103.4 million in 2023, then jumped by 44.6% to $149.6 million in 2024, then fell by 13.27% to $129.7 million in 2025.
  • Business Quant data shows INSW's Operating Expenses at $129.7 million in Q4 2025, $117.7 million in Q3 2025, and $126.3 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 78.81 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -21.81 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 3.13 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 13.95 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 12.50 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 915.00 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 24.79 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 333.70 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 7.00 Mn
10 International Seaways 4.51 Bn 4.35 Bn 266.08 Mn 129.72 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 129.72 Mn
Sep 30, 2025 117.71 Mn
Jun 30, 2025 126.27 Mn
Mar 31, 2025 124.22 Mn
Dec 31, 2024 149.57 Mn
Sep 30, 2024 124.22 Mn
Jun 30, 2024 102.62 Mn
Mar 31, 2024 119.98 Mn
Dec 31, 2023 103.44 Mn
Sep 30, 2023 127.55 Mn
Jun 30, 2023 123.53 Mn
Mar 31, 2023 101.83 Mn
Dec 31, 2022 105.66 Mn
Sep 30, 2022 108.42 Mn
Jun 30, 2022 100.82 Mn
Mar 31, 2022 107.11 Mn
Dec 31, 2021 114.72 Mn
Sep 30, 2021 147.64 Mn
Jun 30, 2021 63.72 Mn
Mar 31, 2021 58.60 Mn