Scorpio Tankers Q2 FY26 net income more than quadruples to USD 387.5 million; revenue rises 77.56% to USD 408.73 million - STNG News | RalliesScorpio Tankers Q2 FY26 net income more than quadruples to USD 387.5 million; revenue rises 77.56% to USD 408.73 million
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STNG• Quarterly results
- Scorpio Tankers posted Q2 net income of USD 387.5 million, up 427.18% year over year; diluted EPS rose to USD 7.37.
- Operating income climbed to USD 398.33 million, up 403.71% year over year; vessel revenue increased to USD 408.73 million, up 77.54%.
- Adjusted EBITDA rose to USD 300.5 million, up 107.95% year over year; average daily TCE revenue increased to USD 52,661 per vessel.
Dividend and fleet financing
- Declared a quarterly cash dividend of USD 0.45 per share, payable Aug. 31 to holders of record Aug. 17.
- Signed an LOI for two scrubber-fitted LR2 newbuildings at USD 72.8 million each; issued USD 605 million of Convertible Notes due 2031.
