Teekay (TK) revenue breakdown
By segment, Tankers is the largest at 87% of fiscal 2025 revenue; Marine Services and Other grew fastest, -0% a year over 3 years.
By product, Voyage Charters - Suezmax is the largest at 45% of fiscal 2025 revenue; Vessel operational and maintenance services, Other revenue grew fastest, 8% a year over 2 years.
Revenue by segment
Fiscal years, as Teekay reports them in its 10-K filings; fiscal 2025 total $950M.
| Segments | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|
| Tankers | $1.1B | $1.4B | $1.1B | $824M | 87% |
| Marine Services and Other | $127M | $101M | $114M | $126M | 13% |
Revenue by product
Fiscal years, as Teekay reports them in its 10-K filings; fiscal 2025 total $950M.
| Products | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Voyage Charters - Suezmax | — | — | — | — | — | — | $669M | $547M | $425M | 45% |
| Voyage Charters - Aframax and LR2 | — | — | — | — | — | — | $652M | $520M | $349M | 37% |
| Vessel operational and maintenance services, Other revenue | — | — | — | — | — | — | $101M | $115M | $118M | 12% |
| Ship-to-ship support services, Other revenue | — | — | — | — | — | — | $8M | $11M | $15M | 2% |
| Time Charters - Aframax/LR2 | — | — | — | — | — | — | $17M | $12M | $11M | 1% |
| Voyage Charters - VLCC | — | — | — | — | — | — | — | — | $11M | 1% |
| Time Charter - Bunker Tanker | — | — | — | — | — | — | — | $1M | $8M | 1% |
| Management fees and other, Other revenue | — | — | — | — | — | — | $3M | $1M | $8M | 1% |
| Time Charters - Suezmax | — | — | — | — | — | — | $14M | $13M | $4M | 0% |
| Voyage charters | $169M | $710M | $882M | $742M | $486M | $1.0B | — | — | — | — |
| Net pool revenues | $145M | — | — | — | — | — | — | — | — | — |
| Contracts of affreightment | $130M | — | — | — | — | — | — | — | — | — |
| Management fees and other | $115M | $210M | $143M | $151M | $100M | $109M | — | — | — | — |
| FPSO | $542M | $262M | $211M | $109M | $48M | — | — | — | — | — |
| FPSO | — | — | — | — | — | $27M | — | — | — | — |
| Bareboat charters | $80M | $25M | — | — | — | — | — | — | — | — |
| Time charters | $700M | $522M | $40M | $145M | $48M | $15M | — | — | — | — |
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Where does Teekay make its money?
In fiscal 2025, by segment: Tankers $824M, Marine Services and Other $126M.
From Teekay's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.