Scorpio Tankers Reports Q4 Earnings

Shipping company posts strong quarterly and annual results

Published on Feb. 12, 2026

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Scorpio Tankers Inc. reported fourth-quarter net income of $128.1 million, or $2.59 per share. Adjusted earnings were $1.62 per share, topping Wall Street expectations. The company posted revenue of $252.7 million in the quarter and $901.3 million for the full year.

Why it matters

Scorpio Tankers is a major player in the global shipping industry, transporting refined petroleum products and other liquid cargoes. Its strong financial performance in Q4 and 2023 reflects the continued recovery in global trade and demand for shipping services following the COVID-19 pandemic.

The details

Scorpio Tankers reported adjusted earnings per share of $1.62 for the fourth quarter, exceeding the average analyst estimate of $1.37 per share. The company's revenue in the quarter was $252.7 million, with adjusted revenue of $241.4 million. For the full year 2023, Scorpio Tankers reported a profit of $344.3 million, or $7.03 per share, on total revenue of $901.3 million.

  • Scorpio Tankers reported its Q4 2023 and full-year 2023 results on February 12, 2026.

The players

Scorpio Tankers Inc.

A global shipping company that transports refined petroleum products and other liquid cargoes.

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The takeaway

Scorpio Tankers' strong financial performance in Q4 and 2023 demonstrates the continued recovery in global trade and demand for shipping services following the COVID-19 pandemic, positioning the company well for future growth.