TIDEWATER INCTDWEarnings & Financial Report
Tidewater, Inc. is a publicly traded international petroleum service company headquartered in Houston, Texas, U.S. It operates a fleet of ships, primarily providing vessels and marine services to the offshore petroleum and offshore wind industries.
TDW Q4 2025 Key Financial Metrics
Revenue
$336.8M
Gross Profit
N/A
Operating Profit
$64.0M
Net Profit
$219.9M
Gross Margin
N/A
Operating Margin
19.0%
Net Margin
65.3%
YoY Growth
-2.4%
EPS
$4.37
Financial Flow
TIDEWATER INC Q4 2025 Financial Summary
TIDEWATER INC reported revenue of $336.8M (down 2.4% YoY) for Q4 2025, with a net profit of $219.9M (up 495.8% YoY) (65.3% margin). Cost of goods sold was N/A.
Key Financial Metrics
| Total Revenue | $336.8M |
|---|---|
| Net Profit | $219.9M |
| Gross Margin | N/A |
| Operating Margin | 19.0% |
| Report Period | Q4 2025 |
TIDEWATER INC Annual Revenue by Year
TIDEWATER INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.4B). Click any linked year to see what changed vs the prior annual report.
TIDEWATER INC Quarterly Revenue & Net Profit History
TIDEWATER INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $336.8M | -2.4% | $219.9M | 65.3% |
| Q3 2025 | $341.1M | +0.2% | $-806.0K | -0.2% |
| Q2 2025 | $341.4M | +0.6% | $72.9M | 21.4% |
| Q1 2025 | $333.4M | +3.8% | $42.7M | 12.8% |
| Q4 2024 | $345.1M | +14.0% | $36.9M | 10.7% |
| Q3 2024 | $340.4M | +13.7% | $46.4M | 13.6% |
| Q2 2024 | $339.2M | +57.8% | $50.4M | 14.8% |
| Q1 2024 | $321.2M | +66.3% | $47.0M | 14.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $321.2M | $339.2M | $340.4M | $345.1M | $333.4M | $341.4M | $341.1M | $336.8M |
| YoY Growth | 66.3% | 57.8% | 13.7% | 14.0% | 3.8% | 0.6% | 0.2% | -2.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.08B | $2.09B | $2.05B | $2.07B | $2.07B | $2.07B | $2.13B | $2.39B |
| Liabilities | $1.02B | $1.01B | $930.7M | $960.8M | $952.5M | $934.7M | $986.2M | $1.02B |
| Equity | $1.06B | $1.08B | $1.12B | $1.11B | $1.11B | $1.14B | $1.14B | $1.37B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $54.8M | $78.6M | $49.0M | $100.0M | $86.0M | $85.4M | $54.7M | $153.0M |