Pool Revenue Leases was International Seaways’s largest revenue line in fiscal 2025, bringing in $641.79M of $843.30M (76%).
| Products and Services | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Pool Revenue Leases | $774.92M | $905.81M | $749.16M | $641.79M | |||||
| Time & Bareboat Charter Leases | $33.03M | $96.54M | $137.12M | $157.58M | |||||
| Voyage Charter Revenues | — | $69.42M | $65.33M | $43.94M | |||||
| Voyage Charter Leases | $56.71M | — | — | — | |||||
| Total | $864.67M | $1.07B | $951.61M | $843.30M |
International Seaways brought in $843.30M from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 11.4% from $951.61M in fiscal 2024. Pool Revenue Leases was the largest at $641.79M (76.1%), ahead of Time & Bareboat Charter Leases at $157.58M (18.7%) and Voyage Charter Revenues at $43.94M (5.2%).
Compared with fiscal 2024, Time & Bareboat Charter Leases grew fastest, up 14.9% to $157.58M, while Voyage Charter Revenues fell the most, down 32.7% to $43.94M.
International Seaways began breaking out Voyage Charter Revenues in fiscal 2023, when it brought in $69.42M. International Seaways stopped reporting Voyage Charter Leases as a separate revenue line after fiscal 2022, when it brought in $56.71M.
International Crude Tankers was International Seaways’s largest segment in fiscal 2025, bringing in $439.61M of $843.30M (52%).
| Segment | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| International Crude Tankers | $331.70M | $524.01M | $451.35M | $439.61M | |||||||
| International Product Carriers | $532.97M | $547.77M | $500.26M | $403.69M | |||||||
| Other Segments | — | — | — | — | |||||||
| Total | $864.67M | $1.07B | $951.61M | $843.30M |
International Seaways brought in $843.30M from its two segments in fiscal 2025, the year ended December 31, 2025. That was down 11.4% from $951.61M in fiscal 2024. International Crude Tankers was the largest at $439.61M (52.1%), ahead of International Product Carriers at $403.69M (47.9%).
Compared with fiscal 2024, International Crude Tankers fell 2.6% to $439.61M and International Product Carriers fell 19.3% to $403.69M. From fiscal 2022 to 2025, combined revenue from these segments fell from $864.67M to $843.30M, a compound annual decline of 0.8%. International Crude Tankers' share of the total rose from 38.4% to 52.1%.
International Seaways (INSW) reports its revenue by products and services and by segment. In fiscal 2025, Pool Revenue Leases was its largest revenue line, bringing in $641.79M (76.1% of the total), followed by Time & Bareboat Charter Leases at $157.58M (18.7%).
Pool Revenue Leases was International Seaways' largest revenue line in fiscal 2025, bringing in $641.79M, or 76.1% of the $843.30M total across its three revenue lines.
International Crude Tankers was International Seaways' largest segment in fiscal 2025, bringing in $439.61M, or 52.1% of the $843.30M total across its two segments.
Among International Seaways' revenue lines that make up at least 2% of revenue, Time & Bareboat Charter Leases grew fastest in fiscal 2025, up 14.9% from $137.12M to $157.58M.
Every figure comes from International Seaways' annual financial filings, as reported. Each line keeps the name International Seaways gives it, and years follow its fiscal calendar.
International Seaways' revenue by products and services goes back to fiscal 2017, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.