International Seaways Q2 net income rises to $295 million, record dividend of $5.05
International Seaways reported second quarter 2026 net income of $295 million, or $5.91 per diluted share, up from $62 million, or $1.25 per share, a year earlier. The Board also declared a $5.05 per share quarterly dividend, which the company describes as its largest ever, payable September 24, 2026, to holders of record on September 10, 2026.
Key points
- Net income of $295 million, or $5.91 per diluted share, versus $62 million, or $1.25, in Q2 2025.
- Shipping revenues of $467 million versus $196 million; adjusted EBITDA of $345 million versus $102 million.
- Quarterly dividend of $5.05 per share declared August 7, 2026; record date September 10 and payment date September 24, 2026.
- Free cash flow of $261 million in the quarter; total liquidity of approximately $935 million as of June 30, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.