INSW Q1 2023 Earnings — International Seaways, Inc. Revenue & Financial Results | Market Cap Arena

INSWInternational Seaways, Inc.

$4B

Q1 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$287M+182.9% YoY

Gross Profit

$186M64.8% margin

Operating Income

$185M64.5% margin

Net Income

$173M60.1% margin

EPS (Diluted)

$3.48

QoQ Revenue Growth

-15.1%

Cash Flow

Operating Cash Flow

$221M

Free Cash Flow

$154M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.0B

Stockholders' Equity

$1.6B

Cash & Equivalents

$156M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$287M	$101M	+182.9%
Gross Profit	$186M	$3M	+5460.0%
Operating Income	$185M	-$31,000	+597835.5%
Net Income	$173M	-$13M	+1427.8%

Revenue Segments

Pool Revenue Leases

$260M90%

Voyage Charter Leases

$14M5%

Time and Bareboat Charter Leases

$13M5%