Teekay Q3 2026 net income more than doubles to USD 59.83 million
TK•Teekay's third-quarter 2026 net income attributable to shareholders more than doubled year over year to USD 59.83 million, while revenue rose 61% to USD 368.93 million.
1. Quarterly results
Teekay reported third-quarter 2026 net income attributable to shareholders of USD 59.83 million, more than double the year-earlier figure. Revenue climbed 61% year over year to USD 368.93 million.
2. Rates and vessel orders
Fourth-quarter spot rates booked to date averaged USD 272,000 daily for Suezmax tankers and USD 208,300 for Aframax/LR2 tankers. Teekay Tankers ordered two Aframax/LR2 tankers and two Suezmax tankers, with deliveries expected in 2030.
