INSW Q2 2022 Earnings — International Seaways, Inc. Revenue & Financial Results | Market Cap Arena

INSWInternational Seaways, Inc.

$4B

Q2 2022 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$188M+306.4% YoY

Gross Profit

$91M48.4% margin

Operating Income

$82M43.7% margin

Net Income

$69M36.7% margin

EPS (Diluted)

$1.38

QoQ Revenue Growth

+85.4%

Cash Flow

Operating Cash Flow

$35M

Free Cash Flow

$19M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.1B

Stockholders' Equity

$1.2B

Cash & Equivalents

$231M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$188M	$46M	+306.4%
Gross Profit	$91M	-$6M	+1592.0%
Operating Income	$82M	-$12M	+782.7%
Net Income	$69M	-$19M	+467.5%

Revenue Segments

Pool Revenue Leases

$165M88%

Voyage Charter Leases

$15M8%

Time and Bareboat Charter Leases

$8M4%