International Seaways (INSW) Operating Expenses (2015 - 2026)
International Seaways' (INSW) quarterly Operating Expenses came in at $168.4 million in Q2 2026, up 33.35% year-over-year from $126.3 million in Q2 2025, and up 333.85% quarter-over-quarter from $38.8 million in Q1 2026.
Analysis
International Seaways (INSW) Operating Expenses (2015 - 2026) Analysis & Trends
International Seaways has disclosed Operating Expenses across 12 years of filings, most recently posting $168.4 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 33.35% year-over-year to $168.4 million; the TTM figure through Jun 2026 stood at $454.6 million (down 13.29% YoY), while the FY2025 annual figure was $497.9 million, changed 0.31% from the prior year.
- Operating Expenses came in at $168.4 million for Q2 2026 at International Seaways, up from $38.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $168.4 million in Q2 2026 to a low of $38.8 million in Q1 2026.
- Average Operating Expenses over 5 years is $115.5 million, with a median of $118.8 million recorded in 2024.
- Year-over-year, Operating Expenses surged 82.78% in 2022 and plunged 68.76% in 2026.
- Over 5 years, Operating Expenses stood at $105.7 million in 2022, then decreased by 2.11% to $103.4 million in 2023, then surged by 44.6% to $149.6 million in 2024, then retreated by 13.27% to $129.7 million in 2025, then climbed by 29.81% to $168.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $168.4 million in Q2 2026, $38.8 million in Q1 2026, and $129.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 347.18 Mn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 800.04 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 810.50 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 168.38 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -47.20 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -783.93 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -10.41 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 202.38 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -72.60 Mn |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | -419.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 168.38 Mn |
| Mar 31, 2026 | 38.81 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 |