How Scorpio Tankers makes money

Period

FY2025

How does Scorpio Tankers make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Scorpio Tankers Inc. · FY2025 · year ended 2025-12-31

Revenue$938MGross profit$938M · 100%Cost of revenue$0 · 0%Operating income$355M · 38%Operating expenses$583M · 62%Other opex$583M · 62%Pre-tax income$344M · 37%Other expense$11M · 1%Net income$344M · 37%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.