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| Date | Value |
|---|---|
| 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 |