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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $467.29M | $325.48M | $267.88M | $196.39M | $195.64M | $183.39M | $194.61M | $225.19M |
| Cost of revenue | $33.10M | $69.27M | $73.78M | $69.74M | $6.82M | $72.08M | $77.14M | $76.77M |
| Gross profit | $434.19M | $256.21M | $194.10M | $126.65M | $188.82M | $111.31M | $117.47M | $148.42M |
| Gross margin | 92.9% | 78.7% | 72.5% | 64.5% | 96.5% | 60.7% | 60.4% | 65.9% |
| Selling, general and administrative | $16.60M | $9.31M | $13.05M | $11.80M | $12.17M | $13.22M | $15.11M | $13.41M |
| Operating expenses | $135.24M | $57.71M | $63.57M | $61.63M | $130.68M | $62.16M | $63.68M | $60.95M |
| Operating income | $298.95M | $198.49M | $130.53M | $65.03M | $58.14M | $49.15M | $53.79M | $87.47M |
| Operating margin | 64.0% | 61.0% | 48.7% | 33.1% | 29.7% | 26.8% | 27.6% | 38.8% |
| EBITDA | $338.64M | $239.06M | $171.90M | $106.20M | $99.49M | $88.86M | $93.42M | $126.78M |
| Interest expense | −$10.56M | $0 | −$11.87M | −$9.62M | −$9.76M | $0 | −$11.90M | −$12.50M |
| Income before taxes | $294.92M | $295.10M | $127.09M | $70.55M | $61.65M | $61.02M | $34.74M | $91.69M |
| Income taxes | −$1.00K | $8.96M | −$411.00K | — | $0 | $11.45M | −$1.08M | −$1.00K |
| Net income | $294.93M | $286.14M | $127.50M | $70.55M | $61.65M | $49.57M | $35.82M | $91.69M |
| Net margin | 63.1% | 87.9% | 47.6% | 35.9% | 31.5% | 27.0% | 18.4% | 40.7% |
| EPS, basic | $5.96 | $5.78 | $2.58 | $1.43 | $1.25 | $1.00 | $0.73 | $1.85 |
| EPS, diluted | $5.91 | $5.75 | $2.56 | $1.42 | $1.25 | $1.00 | $0.72 | $1.84 |
| Diluted shares | 49.86M | 49.71M | 49.77M | 49.61M | 49.48M | 49.53M | 49.74M | 49.88M |
Figures describe International Seaways shares, not any token. As of Aug 10, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.