Filing Flows › International Seaways (INSW) › Operating margin
International Seaways (INSW) operating margin by quarter
International Seaways' operating margin was 72.7% in Q3 2026 (third quarter 2026), +8.2 pts from Q2 2026. Over the last 7 quarters it ranged from 32.3% (Q1 2025) to 88.7% (Q1 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 72.7% | +8.2 pts | +32.6 pts |
| Q2 2026 | 64.5% | -24.2 pts | +29.0 pts |
| Q1 2026 | 88.7% | +37.1 pts | +56.4 pts |
| Q4 2025 | 51.6% | +11.5 pts | — |
| Q3 2025 | 40.1% | +4.6 pts | — |
| Q2 2025 | 35.5% | +3.2 pts | — |
| Q1 2025 | 32.3% | — | — |
Q3 2026 at a glance
International Seaways, Q3 2026: revenue $483M (+146% year over year), operating margin 72.7%, net earnings $344M, operating cash flow $243M. The chart follows the revenue to costs, profit and cash.
Questions
What is International Seaways' operating margin?
International Seaways' operating margin was 72.7% in Q3 2026 (third quarter 2026), +8.2 pts from Q2 2026.
How has International Seaways' operating margin changed?
Over the last 7 quarters it ranged from 32.3% (Q1 2025) to 88.7% (Q1 2026).