Scorpio Tankers Inc. (STNG) Income Statement
STNG 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSTNG revenue and net income
Where STNG's revenue goes
2025Each bar shows an amount and its share of revenue. STNG kept 36.7% of revenue as net income.
STNG profit margins
STNG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −24.6% | −15.6% | +0.5% | +2.2% |
| Gross profit | −38.9% | −22.8% | +5.7% | +1.5% |
| Operating income | −59.5% | −27.0% | +4.8% | +0.1% |
| Net income | −48.5% | −18.6% | +29.6% | +4.7% |
| EPS (diluted) | −43.6% | −21.0% | +22.4% | −7.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
STNG quarterly EPS vs estimates
Scorpio Tankers beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 29, 2026 (estimate $1.83).
STNG income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $938.2M | $1.24B | $1.34B | $1.56B | $540.8M | $915.9M | $704.3M | $585.0M | $512.7M | $522.7M |
| Cost of revenue | $505.1M | $534.8M | $531.3M | $623.3M | $578.5M | $587.5M | $512.1M | $522.0M | $456.1M | $389.0M |
| Gross profit | $433.1M | $709.1M | $809.9M | $939.6M | −$37.8M | $328.4M | $192.3M | $63.1M | $56.6M | $133.7M |
| Sales, general & admin | $123.4M | $121.0M | $106.3M | $88.1M | $52.7M | $66.2M | $62.3M | $52.3M | $47.5M | $54.9M |
| Total operating expenses | $123.4M | −$55.5M | $106.3M | $141.9M | $52.7M | $83.0M | $62.3M | $52.3M | $47.5M | $54.9M |
| Operating income | $309.7M | $764.6M | $705.1M | $797.7M | −$90.5M | $245.3M | $130.0M | $10.5M | −$44.9M | $76.7M |
| Interest income | $21.9M | $15.9M | $18.3M | $7.4M | $3.6M | $1.2M | $8.2M | $4.5M | $1.5M | $1.2M |
| Interest expense | $67.2M | $101.0M | $166.7M | $158.3M | $140.5M | $155.0M | $186.2M | $186.6M | $116.2M | $104.0M |
| Income before taxes | $344.3M | $668.8M | $546.9M | $637.3M | −$234.4M | $94.1M | −$48.5M | −$190.1M | −$158.2M | −$24.9M |
| Income taxes | — | — | −$19.1M | $53.8M | $146.2M | $156.5M | $185.8M | −$37.7M | $117.8M | $103.9M |
| Net income | $344.3M | $668.8M | $546.9M | $637.3M | −$234.4M | $94.1M | −$48.5M | −$190.1M | −$158.2M | −$24.9M |
| EBITDA | $591.9M | $945.9M | $908.8M | $1.06B | $146.3M | $508.0M | $336.2M | $149.5M | $97.0M | $186.2M |
| EPS (diluted) | $5.61 | $9.95 | $10.38 | $11.39 | −$4.17 | $2.04 | −$1.01 | −$4.98 | −$4.50 | −$0.70 |
| Gross margin | 46.2% | 57.0% | 60.4% | 60.1% | −7.0% | 35.9% | 27.3% | 10.8% | 11.0% | 25.6% |
| Operating margin | 33.0% | 61.5% | 52.6% | 51.0% | −16.7% | 26.8% | 18.5% | 1.8% | −8.8% | 14.7% |
| Net margin | 36.7% | 53.8% | 40.8% | 40.8% | −43.4% | 10.3% | −6.9% | −32.5% | −30.9% | −4.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $408.7M | $312.9M | $252.7M | $241.4M | $230.2M | $214.0M | $204.0M | $268.0M | $380.7M | $391.3M | $336.3M | $291.2M |
| Cost of revenue | $118.0M | $120.1M | $129.4M | $129.1M | $121.5M | $125.1M | $92.6M | $136.2M | $133.1M | $127.6M | $136.8M | $132.2M |
| Gross profit | $290.7M | $192.7M | $123.3M | $112.2M | $108.7M | $88.9M | $111.3M | $131.7M | $247.5M | $263.7M | $199.5M | $158.9M |
| Sales, general & admin | $46.5M | $39.1M | $35.7M | $29.6M | $29.6M | $28.5M | $23.9M | $30.0M | $37.1M | $30.1M | $32.1M | $24.6M |
| Total operating expenses | $46.5M | $39.1M | $35.7M | $29.6M | $29.6M | $28.5M | $16.5M | −$39.3M | −$6.2M | $18.8M | $37.7M | $17.5M |
| Operating income | $244.2M | $153.6M | $87.6M | $82.6M | $79.1M | $60.4M | $94.8M | $171.1M | $253.7M | $245.0M | $161.7M | $141.4M |
| Interest income | $14.9M | $8.1M | $7.0M | $5.7M | $4.7M | $4.5M | $3.0M | $2.9M | $5.5M | $4.6M | $4.5M | $6.1M |
| Interest expense | $36.1M | $12.2M | $6.4M | $20.0M | $21.3M | $19.6M | $574,000 | $20.9M | $33.3M | $37.0M | $46.3M | $49.7M |
| Income before taxes | $387.5M | $216.3M | $128.1M | $84.5M | $73.5M | $58.2M | $68.6M | $158.7M | $227.3M | $214.2M | $120.9M | $100.4M |
| Income taxes | — | — | — | — | — | — | — | $77.8M | — | $47.9M | −$4.5M | $52.3M |
| Net income | $387.5M | $216.3M | $128.1M | $84.5M | $73.5M | $58.2M | $68.6M | $158.7M | $227.3M | $214.2M | $120.9M | $100.4M |
| EBITDA | $459.9M | $270.0M | $178.5M | $150.8M | $140.2M | $122.5M | $114.4M | $225.1M | $307.3M | $299.1M | $218.0M | $201.2M |
| EPS (diluted) | $4.68 | $3.02 | $1.62 | $1.49 | $1.47 | $1.03 | $0.63 | $1.75 | $3.60 | $3.97 | $2.75 | $1.91 |
| Gross margin | 71.1% | 61.6% | 48.8% | 46.5% | 47.2% | 41.6% | 54.6% | 49.2% | 65.0% | 67.4% | 59.3% | 54.6% |
| Operating margin | 59.7% | 49.1% | 34.7% | 34.2% | 34.3% | 28.2% | 46.5% | 63.8% | 66.7% | 62.6% | 48.1% | 48.6% |
| Net margin | 94.8% | 69.1% | 50.7% | 35.0% | 31.9% | 27.2% | 33.6% | 59.2% | 59.7% | 54.7% | 35.9% | 34.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in STNG's financial statements (latest annual report filed March 20, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
STNG financial results
In fiscal year 2025 (ended December 31, 2025), Scorpio Tankers reported revenue of $938.2 million, down 24.6% from the year before. It had net income of $344.3 million (down 48.5%), a net profit margin of 36.7%. Diluted earnings per share came to $5.61. Over five years revenue grew at an average rate of 0.5% a year.
See the STNG stock overview for the latest quote and news, or the STNG chart for price history and technical indicators.
STNG income statement FAQ
What is Scorpio Tankers's annual revenue?
Scorpio Tankers reported total revenue of $938.2 million for fiscal year 2025, which ended on December 31, 2025. That was down 24.6% from $1.2 billion the previous year.
Is Scorpio Tankers profitable?
Yes. Scorpio Tankers reported net income of $344.3 million in fiscal 2025, a net profit margin of 36.7%; its operating margin was 33.0%.
What is Scorpio Tankers's gross margin?
Scorpio Tankers's gross margin was 46.2% in fiscal 2025: for every $100 of revenue, Scorpio Tankers kept $46 after the direct cost of its products and services.
How fast is Scorpio Tankers growing?
Revenue grew 0.5% a year on average over the last five fiscal years, from $915.9 million to $938.2 million.
What are Scorpio Tankers's earnings per share?
Scorpio Tankers earned $5.61 per diluted share in fiscal 2025, compared with $9.95 a year earlier.
When will Scorpio Tankers report its next earnings?
Scorpio Tankers is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens.
When does Scorpio Tankers's fiscal year end?
Scorpio Tankers's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 20, 2026.