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

International Seaways (INSW) reported Operating Expenses of $129.7 million for Q4 2025, down 13.27% year-over-year 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' Operating Expenses history runs 11 years deep, the most recent figure standing at $129.7 million for 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 was $129.7 million for Q4 2025 at International Seaways, up 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.
  • Median Operating Expenses over the past 5 years was $116.2 million (2021), compared with a mean of $112.9 million.
  • On a YoY basis, Operating Expenses climbed as much as 82.78% in 2022 and fell as far as 26.56% in 2022.
  • Over 5 years, Operating Expenses 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 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 13.95 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 3.38 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 12.50 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 1.70 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 333.70 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.82 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 7.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 274.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 3.45 Bn
10 International Seaways 3.78 Bn 3.61 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