Torm reported revenue of $662.80M and net income of $338.30M for the quarter ended Jun 2026, up 101.4% year over year. This income statement covers 38 quarters of results from Dec 2015 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2015 | Dec2016 | Mar2017 | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Dec2024 | Mar2025 | Jun2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||||||||||||||
| Revenue | 124.10M | 150.80M | 155.50M | 189.13M | 209.40M | 338.50M | 448.10M | 447.40M | 390.20M | 384.30M | 358.10M | 387.80M | 444.10M | 437.70M | 329.10M | 315.20M | 402.00M | 662.80M | ||||||||||||||||||||
| Cost of RevenueCost of Rev | 3.00M | 8.60M | 36.60M | 3.80M | 9.70M | 18.50M | 13.50M | 18.70M | 24.60M | 5.90M | 10.80M | |||||||||||||||||||||||||||
| Gross Profit | 444.40M | 375.70M | 351.20M | 440.30M | 428.00M | 315.60M | 296.50M | 396.10M | 652.00M | |||||||||||||||||||||||||||||
| Operating items | ||||||||||||||||||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | -30.50M | -31.50M | -34.10M | -130.90M | -35.20M | -34.50M | -33.80M | |||||||||||||||||||||||||||||||
| Operating Interest ExpensesOp. Interest Exp. | -18.00M | -37.20M | -35.70M | -37.20M | ||||||||||||||||||||||||||||||||||
| Selling, General & AdministrativeSG&A | -13.60M | -13.20M | -12.30M | -51.54M | -13.40M | -12.50M | -13.40M | -55.00M | -17.60M | -21.90M | -19.00M | -82.90M | -26.20M | -23.80M | -95.60M | -25.90M | -24.50M | -113.80M | -23.00M | -24.20M | ||||||||||||||||||
| Other Operating ExpensesOther Opex | -0.20M | -0.10M | 0.10M | 0.40M | -0.30M | 6.70M | -0.30M | -147.10M | -0.10M | -0.20M | -0.30M | -133.10M | -0.20M | -0.20M | -0.50M | -0.20M | -0.10M | -138.60M | 0.10M | -0.40M | ||||||||||||||||||
| Operating ExpensesOpex | -44.30M | 45.40M | -48.90M | -190.50M | -49.30M | -51.10M | -51.30M | -202.10M | -51.90M | -54.80M | -54.20M | -216.00M | -56.60M | -62.70M | -245.10M | -66.40M | -64.30M | -252.40M | -67.60M | -72.60M | ||||||||||||||||||
| Operating IncomeOp. Inc | -11.60M | 12.40M | -3.70M | 4.30M | 22.60M | 118.70M | 228.60M | 646.50M | 163.50M | 199.80M | 140.00M | 567.20M | 222.70M | 204.30M | 82.30M | 74.60M | 141.30M | 355.10M | ||||||||||||||||||||
| EBIT | -11.60M | 12.40M | -3.70M | 4.30M | 22.60M | 118.70M | 228.60M | 646.50M | 163.50M | 199.80M | 140.00M | 567.20M | 222.70M | 204.30M | 82.30M | 74.60M | 141.30M | 355.10M | ||||||||||||||||||||
| Non-operating items | ||||||||||||||||||||||||||||||||||||||
| Non Operating Interest Expenses | -9.60M | 10.00M | -10.50M | -42.40M | -11.90M | -12.00M | -12.50M | -48.80M | -12.50M | -18.00M | -16.50M | -60.90M | -18.30M | -18.90M | -74.10M | -17.80M | -17.80M | -74.40M | -18.90M | -18.30M | ||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.10M | -0.10M | 0.10M | 0.20M | 0.30M | 1.20M | 4.10M | 2.60M | 4.20M | 6.40M | 7.70M | 3.80M | 3.60M | 1.60M | 2.30M | |||||||||||||||||||||||
| Net income details | ||||||||||||||||||||||||||||||||||||||
| EBT | -21.10M | 2.40M | -14.10M | -40.80M | 10.70M | 107.00M | 217.30M | 695.30M | 155.10M | 184.40M | 127.70M | 628.10M | 210.80M | 193.10M | 68.30M | 60.40M | 124.00M | 339.10M | ||||||||||||||||||||
| Tax ProvisionsTaxes | -0.20M | 0.30M | -0.60M | -1.34M | -0.30M | -0.40M | -0.20M | -1.50M | 1.00M | -3.40M | -4.00M | -1.60M | 1.10M | 2.00M | -5.40M | -1.70M | -9.20M | -1.60M | -0.80M | |||||||||||||||||||
| Profit After TaxPAT | -21.30M | 2.10M | -14.70M | -42.10M | 10.40M | 106.60M | 217.10M | 695.30M | 153.60M | 185.40M | 124.30M | 632.10M | 209.20M | 194.20M | 62.90M | 58.70M | 122.40M | 338.30M | ||||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | -0.20M | -0.40M | -0.30M | -0.50M | -0.30M | -1.00M | 0.60M | 0.10M | ||||||||||||||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -20.90M | 2.10M | -13.50M | -39.46M | 11.00M | 107.40M | 217.50M | 695.30M | 156.60M | 183.40M | 131.10M | 632.10M | 212.40M | 192.00M | 73.70M | 62.10M | 125.60M | 339.90M | ||||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -20.90M | 2.10M | -13.50M | -39.46M | 11.00M | 107.40M | 217.50M | 695.30M | 156.60M | 183.40M | 131.10M | 632.10M | 212.40M | 192.00M | 73.70M | 62.10M | 125.60M | 339.90M | ||||||||||||||||||||
| Income towards Parent CompanyParent Net Inc | -20.90M | 2.10M | -14.70M | -42.10M | 10.40M | 106.60M | 217.10M | 695.30M | 153.60M | 185.80M | 124.30M | 632.10M | 209.70M | 194.50M | 62.30M | 58.60M | 122.40M | 338.30M | ||||||||||||||||||||
| Net Income towards Common StockholdersNet Income | -20.90M | 2.10M | -14.70M | -42.10M | 10.40M | 106.60M | 217.10M | 695.30M | 153.60M | 185.80M | 124.30M | 632.10M | 209.70M | 194.50M | 62.30M | 58.60M | 122.40M | 338.30M | ||||||||||||||||||||
| Additional items | ||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.28 | 0.03 | -0.20 | -0.54 | 0.13 | 1.36 | 2.78 | 8.55 | 1.89 | 2.29 | 1.53 | 7.56 | 2.51 | 2.33 | 0.67 | 0.63 | 1.25 | 3.45 | ||||||||||||||||||||
| EPS (Diluted) | -0.28 | 0.03 | -0.20 | -0.54 | 0.13 | 1.36 | 2.77 | 8.40 | 1.86 | 2.24 | 1.50 | 7.29 | 2.42 | 2.24 | 0.65 | 0.61 | 1.22 | 3.38 | ||||||||||||||||||||
| Shares Outstanding | 74.30M | 74.30M | 74.30M | 78.10M | 78.10M | 78.10M | 78.10M | 81.30M | 81.30M | 81.30M | 81.30M | 83.60M | 83.60M | 83.60M | 93.60M | 93.60M | 93.60M | 98.20M | 98.20M | 98.20M | ||||||||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 74.30M | 74.30M | 74.30M | 78.40M | 78.40M | 78.40M | 78.40M | 82.80M | 82.80M | 82.80M | 82.80M | 86.70M | 86.70M | 86.70M | 96.30M | 96.30M | 96.30M | 100.10M | 100.10M | 100.10M | ||||||||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 81.23M | 82.31M | 86.23M | 97.81M | 101.33M | |||||||||||||||||||||||||||||||||
| EBITDA | -42.10M | -19.10M | -37.80M | -126.60M | -12.60M | 84.20M | 194.80M | 646.50M | 163.50M | 199.80M | 140.00M | 567.20M | 222.70M | 204.30M | 82.30M | 74.60M | 141.30M | 355.10M | ||||||||||||||||||||
| Interest ExpensesInt Expense | -9.60M | 10.00M | -10.50M | -42.40M | -11.90M | -12.00M | -12.50M | -48.80M | -12.50M | -36.00M | -16.50M | -60.90M | -18.30M | -56.10M | -74.10M | -17.80M | -53.50M | -74.40M | -18.90M | -55.50M | ||||||||||||||||||
| Tax Rate | 0.95% | 12.50% | 4.26% | 3.29% | -2.80% | -0.37% | -0.09% | -0.97% | 0.54% | -2.66% | -0.64% | -0.76% | 0.57% | -7.91% | -2.81% | -1.29% | -0.24% |