Teekay Corp reported Q1 2026 net income $47.7 million ($0.55/share) and revenue $285.8 million, up 24% YoY.
Income from operations rose to $147.2 million from $71.3 million a year earlier, and cash balances increased to $127.4 million.
The company declared a $1 special dividend (payable June 2, 2026) plus a $0.25 regular dividend, $1.25 per share, and shares jumped 2.3%.