AI brief of an SEC Form 8-K · International Seaways (INSW)

International Seaways posts record Q3 net income of $344 million, or $6.90 per share

Positive Impact 4 of 5 earnings

International Seaways reported third quarter 2026 net income of $344 million, or $6.90 per diluted share, up from $71 million, or $1.42 per share, a year earlier; the filing says the result included a $53 million gain on a vessel sale. The Board also declared a $5.05 per share dividend and raised its share repurchase program to $100 million, which bears directly on shareholder returns.

Key points

  • Net income of $344 million ($6.90 per diluted share) vs. $71 million ($1.42) in Q3 2025, including a $53 million gain on vessel sale
  • Adjusted net income of $291 million, or $5.84 per diluted share; adjusted EBITDA of $345 million
  • Declared dividend of $5.05 per share, payable December 23, 2026, to holders of record on December 9, 2026
  • Share repurchase program increased to $100 million and extended from end of 2026 to end of 2028

The filing

CompanyInternational Seaways (INSW)
Form8-K, current report
Filed with the SECNov 5, 2026, 7:30 AM ET
Accession number0001104659-26-123058

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.

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.