International Seaways (INSW) Operating Expenses (2015 - 2026)
International Seaways (INSW) posted Operating Expenses of $129.7 million for Q4 2025, up 10.21% sequentially from $117.7 million in Q3 2025, and down 13.27% YoY from $149.6 million in Q4 2024.
International Seaways (INSW) Operating Expenses (2015 - 2026) Analysis & Trends
International Seaways has reported Operating Expenses for 11 years, with the latest figure at $129.7 million in Q4 2025.
- Quarterly Operating Expenses fell 13.27% year-over-year to $129.7 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $497.9 million (changed 0.31% YoY) and the FY2025 annual result came in at $497.9 million, changed 0.31% from the prior year.
- Operating Expenses grew to $129.7 million in Q4 2025 per INSW's latest filing, from $117.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $149.6 million in Q4 2024 and troughed at $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.
- The widest YoY moves for Operating Expenses: up 82.78% in 2022, down 26.56% in 2022.
- Over 5 years, Operating Expenses stood at $114.7 million in 2021, then declined by 7.9% to $105.7 million in 2022, then dropped by 2.11% to $103.4 million in 2023, then jumped by 44.6% to $149.6 million in 2024, then slipped by 13.27% to $129.7 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $129.7 million, $117.7 million, and $126.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 3.13 Bn |
| 2 | Enbridge | 111.07 Bn | 109.57 Bn | 5.23 Bn | 19.09 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 16.13 Bn |
| 4 | Energy Transfer | 72.38 Bn | 71.35 Bn | 7.40 Bn | 30.76 Bn |
| 5 | Tc Energy | 65.96 Bn | 58.40 Bn | 1.24 Bn | 851.61 Mn |
| 6 | Oneok | 60.08 Bn | 59.92 Bn | 2.81 Bn | 4.00 Mn |
| 7 | Mplx | 60.06 Bn | 59.03 Bn | 2.73 Bn | 1.93 Bn |
| 8 | Targa Resources | 59.31 Bn | 59.18 Bn | 2.14 Bn | 354.10 Mn |
| 9 | Cheniere Energy | 56.08 Bn | 54.82 Bn | 5.29 Bn | 1.44 Bn |
| 10 | International Seaways | 4.87 Bn | 4.46 Bn | 467.16 Mn | 168.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 168.38 Mn |
| 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 |