International Seaways, Inc.

For the period ended Dec 31, 2025. Filed Feb 26, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 26, 2026

INSW$98.25+1.9%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets at December 31, 2025 and 2024

CONSOLIDATED BALANCE SHEETS

AT DECEMBER 31


· · December 31, 2025 · · December 31, 2024
ASSETS
Current Assets:
Cash and cash equivalents	$116,922	$157,506
Short-term investments	50,000	—
Voyage receivables, net of allowance for credit losses of $52 and $86,
including unbilled of $169,610 and $181,211	177,887	185,521
Other receivables	13,836	13,771
Inventories	611	1,875
Prepaid expenses and other current assets	7,384	15,570
Current portion of derivative asset	406	2,080
Total Current Assets	367,046	376,323
Vessels and other property, less accumulated depreciation	2,077,986	2,050,211
Vessels construction in progress	57,725	37,020
Deferred drydock expenditures, net	109,257	90,209
Operating lease right-of-use assets	7,220	21,229
Pool working capital deposits	33,051	35,372
Long-term derivative assets	5	801
Other assets	16,352	25,232
Total Assets	$2,668,642	$2,636,397

LIABILITIES AND EQUITY
Current Liabilities:
Accounts payable, accrued expenses and other current liabilities	$69,921	$66,264
Current portion of operating lease liabilities	3,182	14,617
Current installments of long-term debt	25,788	50,054
Total Current Liabilities	98,891	130,935
Long-term operating lease liabilities	5,954	8,715
Long-term debt, net	541,291	638,353
Other liabilities	2,229	2,346
Total Liabilities	648,365	780,349

Commitments and contingencies

Equity:
Capital - 100,000,000 no par value shares authorized; 49,404,078 and 49,194,458
shares issued and outstanding	1,507,325	1,504,767
Retained earnings	523,792	359,142
	2,031,117	1,863,909
Accumulated other comprehensive loss	(10,840)	(7,861)
Total Equity	2,020,277	1,856,048
Total Liabilities and Equity	$2,668,642	$2,636,397

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.