Teekay Tankers Ltd. (TNK) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 286.09M | 258.27M | 229.02M | 232.87M | 231.64M | 351.13M | 243.28M | 328.26M | 368.29M | 313.29M | 285.86M | 370.65M | 394.66M | 367.32M | 279.39M | 242.39M | 174.02M | 160.31M | 115.89M | 123.42M |
| Revenue Growth % | 23.51% | -26.45% | -5.86% | -29.06% | -37.1% | 12.08% | -14.9% | -11.44% | -6.68% | -14.71% | 2.32% | 52.91% | 126.79% | 129.13% | 141.08% | 96.39% | 21.9% | 25.43% | -31.93% | -49.93% |
| Cost of Goods Sold | 150.7M | 158.48M | 174.36M | 171.7M | 185.68M | 283.7M | 173.99M | 207.88M | 222.36M | 199.89M | 193.58M | 198.96M | 199.29M | 176.23M | 202.48M | 198.03M | 171.25M | 167.89M | 146.15M | 143.94M |
| COGS % of Revenue | 52.67% | 61.36% | 76.13% | 73.73% | 80.16% | 80.8% | 71.52% | 63.33% | 60.38% | 63.8% | 67.72% | 53.68% | 50.5% | 47.98% | 72.47% | 81.7% | 98.41% | 104.73% | 126.11% | 116.62% |
| Gross Profit | 135.4M | 99.79M | 54.66M | 61.17M | 45.95M | 67.43M | 69.29M | 120.38M | 145.92M | 113.4M | 92.28M | 171.69M | 195.37M | 191.09M | 76.9M | 44.36M | 2.77M | -7.58M | -30.25M | -20.52M |
| Gross Margin % | 47.33% | 38.64% | 23.87% | 26.27% | 19.84% | 19.2% | 28.48% | 36.67% | 39.62% | 36.2% | 32.28% | 46.32% | 49.5% | 52.02% | 27.53% | 18.3% | 1.59% | -4.73% | -26.11% | -16.62% |
| Gross Profit Growth % | 194.63% | 48% | -21.11% | -49.19% | -68.51% | -40.54% | -24.91% | -29.89% | -25.31% | -40.65% | 19.99% | 287.05% | 6965.75% | 2619.58% | 354.18% | 316.22% | 708.48% | 5.38% | -211.79% | -120.54% |
| Operating Expenses | 10.38M | 11.21M | 11.15M | 6.18M | -28.45M | -18.87M | 16.83M | 13.5M | 1.28M | 10.85M | 10.7M | 12.12M | 13.52M | 36.81M | 9.69M | 11.02M | 10.12M | 9.47M | 10.54M | 12.23M |
| OpEx % of Revenue | 3.63% | 4.34% | 4.87% | 2.65% | -12.28% | -5.38% | 6.92% | 4.11% | 0.35% | 3.46% | 3.74% | 3.27% | 3.43% | 10.02% | 3.47% | 4.55% | 5.82% | 5.91% | 9.1% | 9.91% |
| Selling, General & Admin | 10.38M | 11.21M | 11.15M | 14.51M | 9.71M | 7.93M | 10.88M | 13.5M | 12.89M | 10.85M | 10.7M | 12.12M | 12.27M | 10.94M | 9.69M | 11.02M | 10.12M | 9.47M | 10.54M | 12.23M |
| SG&A % of Revenue | 3.63% | 4.34% | 4.87% | 6.23% | 4.19% | 2.26% | 4.47% | 4.11% | 3.5% | 3.46% | 3.74% | 3.27% | 3.11% | 2.98% | 3.47% | 4.55% | 5.82% | 5.91% | 9.1% | 9.91% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | -1000K | -1000K | -1000K | 1000K | 0 | -1000K | 0 | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 125.02M | 88.59M | 43.52M | 54.99M | 74.41M | 86.3M | 52.47M | 106.88M | 144.64M | 102.55M | 81.58M | 159.57M | 181.85M | 154.28M | 67.22M | 33.34M | -7.36M | -17.05M | -40.8M | -32.75M |
| Operating Margin % | 43.7% | 34.3% | 19% | 23.61% | 32.12% | 24.58% | 21.57% | 32.56% | 39.27% | 32.73% | 28.54% | 43.05% | 46.08% | 42% | 24.06% | 13.75% | -4.23% | -10.64% | -35.2% | -26.53% |
| Operating Income Growth % | 68.02% | 2.65% | -17.06% | -48.55% | -48.56% | -15.85% | -35.69% | -33.02% | -20.46% | -33.53% | 21.36% | 378.65% | 2572.48% | 1004.63% | 264.76% | 201.8% | 33.91% | 5.59% | -337.5% | -136.35% |
| EBITDA | 147.2M | 110.1M | 64.45M | 75.93M | 97.65M | 110.75M | 75.91M | 129.25M | 167.96M | 127.18M | 106.14M | 183.96M | 205.83M | 178.73M | 91.47M | 58.58M | 17.73M | 9.61M | -14.96M | -5.85M |
| EBITDA Margin % | 51.45% | 42.63% | 28.14% | 32.61% | 42.15% | 31.54% | 31.2% | 39.37% | 45.61% | 40.59% | 37.13% | 49.63% | 52.15% | 48.66% | 32.74% | 24.17% | 10.19% | 6% | -12.91% | -4.74% |
| EBITDA Growth % | 50.75% | -0.58% | -15.1% | -41.25% | -41.86% | -12.92% | -28.48% | -29.74% | -18.4% | -28.84% | 16.04% | 214.02% | 1061.22% | 1759.1% | 711.41% | 1100.87% | 13.94% | -3.65% | -131.72% | -104.89% |
| D&A (Non-Cash Add-back) | 22.19M | 21.51M | 20.93M | 20.94M | 23.24M | 24.45M | 23.45M | 22.37M | 23.32M | 24.63M | 24.57M | 24.38M | 23.98M | 24.46M | 24.25M | 25.24M | 25.08M | 26.67M | 25.84M | 26.89M |
| EBIT | 125.02M | 88.59M | 90.54M | 62.96M | 76.33M | 96.95M | 59.06M | 115.91M | 150.9M | 102.55M | 85.28M | 165.27M | 182.87M | 155.68M | 78.35M | 36.61M | -6.6M | -32.44M | -44.15M | -121.14M |
| Net Interest Income | 7.56M | 8.14M | 6.78M | 6.79M | 5.08M | 6.3M | 4.95M | 4.75M | 608K | -1.08M | -3.32M | -4.14M | -8.99M | -8.75M | -8.81M | -8.72M | -8.13M | -7.05M | -8.55M | -9.27M |
| Interest Income | 8.05M | 8.7M | 7.57M | 7.57M | 5.86M | 7.1M | 5.77M | 5.73M | 5.47M | 3.06M | 3.12M | 1.77M | 2.23M | 920K | 216K | 167K | 35K | 34K | 29K | 29K |
| Interest Expense | 489K | 557K | 789K | 777K | 773K | 802K | 825K | 979K | 4.87M | 4.14M | 6.44M | 5.91M | 11.22M | 9.67M | 9.02M | 8.89M | 8.16M | 7.08M | 8.58M | 9.3M |
| Other Income/Expense | 32.53M | 31.18M | 46.23M | 7.19M | 1.16M | 9.85M | 5.77M | 8.05M | 1.39M | 10.76M | -2.74M | -207K | -10.2M | -6.95M | 2.11M | -5.61M | -7.41M | -22.46M | -11.93M | -98.52M |
| Pretax Income | 157.55M | 119.77M | 89.75M | 62.18M | 75.56M | 96.15M | 58.23M | 114.93M | 146.03M | 113.31M | 78.84M | 159.36M | 171.65M | 147.33M | 69.32M | 27.73M | -14.76M | -39.52M | -52.73M | -131.26M |
| Pretax Margin % | 55.07% | 46.37% | 39.19% | 26.7% | 32.62% | 27.38% | 23.94% | 35.01% | 39.65% | 36.17% | 27.58% | 43% | 43.49% | 40.11% | 24.81% | 11.44% | -8.48% | -24.65% | -45.5% | -106.35% |
| Income Tax | 4M | -691K | -2.33M | -432K | -470K | 3.04M | -582K | 3.79M | -2.85M | 1.62M | -2.53M | 8.12M | 2.28M | 901K | 1.27M | -822K | -820K | 291K | -674K | -2.12M |
| Effective Tax Rate % | 2.54% | -0.58% | -2.6% | -0.69% | -0.62% | 3.16% | -1% | 3.3% | -1.95% | 1.43% | -3.21% | 5.1% | 1.33% | 0.61% | 1.83% | -2.96% | 5.55% | -0.74% | 1.28% | 1.61% |
| Net Income | 153.55M | 120.46M | 92.08M | 62.61M | 76.03M | 93.11M | 58.81M | 111.14M | 148.88M | 111.69M | 81.37M | 151.24M | 169.37M | 146.43M | 68.05M | 28.55M | -13.94M | -39.81M | -52.05M | -129.14M |
| Net Margin % | 53.67% | 46.64% | 40.21% | 26.89% | 32.82% | 26.52% | 24.18% | 33.86% | 40.42% | 35.65% | 28.46% | 40.81% | 42.92% | 39.86% | 24.36% | 11.78% | -8.01% | -24.83% | -44.92% | -104.64% |
| Net Income Growth % | 101.96% | 29.37% | 56.56% | -43.66% | -48.93% | -16.64% | -27.72% | -26.52% | -12.1% | -23.72% | 19.56% | 429.78% | 1314.8% | 467.83% | 230.73% | 122.11% | 34.74% | 45.68% | -17.15% | -231.51% |
| Net Income (Continuing) | 153.55M | 120.46M | 92.08M | 62.61M | 76.03M | 93.11M | 58.81M | 111.14M | 148.88M | 111.69M | 81.37M | 151.24M | 169.37M | 146.43M | 68.05M | 28.55M | -13.94M | -39.81M | -52.05M | -129.14M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 4.40 | 3.46 | 2.64 | 1.80 | 2.19 | 2.37 | 1.69 | 3.20 | 4.30 | 3.23 | 2.35 | 4.38 | 4.90 | 4.25 | 1.98 | 0.83 | -0.41 | -1.17 | -1.54 | -3.82 |
| EPS Growth % | 100.91% | 45.99% | 56.21% | -43.75% | -49.07% | -26.63% | -28.09% | -26.94% | -12.24% | -24% | 18.69% | 427.71% | 1295.12% | 463.25% | 228.57% | 121.73% | 34.92% | 46.08% | -16.67% | -232.18% |
| EPS (Basic) | 4.42 | 3.47 | 2.66 | 1.81 | 2.20 | 2.38 | 1.70 | 3.23 | 4.35 | 3.27 | 2.38 | 4.43 | 4.97 | 4.30 | 2.00 | 0.83 | -0.41 | -1.18 | -1.54 | -3.83 |
| Diluted Shares Outstanding | 34.91M | 34.68M | 34.83M | 34.74M | 34.67M | 34.7M | 34.77M | 34.71M | 34.65M | 34.61M | 34.57M | 34.55M | 34.54M | 34.49M | 34.37M | 34.2M | 33.91M | 33.9M | 33.9M | 33.76M |
| Basic Shares Outstanding | 34.76M | 34.68M | 34.67M | 34.58M | 34.48M | 34.5M | 34.5M | 34.38M | 34.26M | 34.2M | 34.2M | 34.14M | 34.09M | 34.08M | 34.04M | 33.95M | 33.91M | 33.8M | 33.8M | 33.72M |
| Dividend Payout Ratio | 5.64% | 7.17% | 9.38% | 68.88% | 11.31% | 9.22% | 14.59% | 69.36% | 5.75% | 7.63% | 10.47% | 28.09% | - | - | - | - | - | - | - | - |