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Side-by-side financial comparison of Climb Global Solutions, Inc. (CLMB) and TIDEWATER INC (TDW). Click either name above to swap in a different company.

TIDEWATER INC is the larger business by last-quarter revenue ($336.8M vs $182.4M, roughly 1.8× Climb Global Solutions, Inc.). TIDEWATER INC runs the higher net margin — 65.3% vs 1.8%, a 63.5% gap on every dollar of revenue. On growth, Climb Global Solutions, Inc. posted the faster year-over-year revenue change (32.1% vs -2.4%). Over the past eight quarters, Climb Global Solutions, Inc.'s revenue compounded faster (40.7% CAGR vs 2.4%).

Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.

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.

CLMB vs TDW — Head-to-Head

Bigger by revenue
TDW
TDW
1.8× larger
TDW
$336.8M
$182.4M
CLMB
Growing faster (revenue YoY)
CLMB
CLMB
+34.5% gap
CLMB
32.1%
-2.4%
TDW
Higher net margin
TDW
TDW
63.5% more per $
TDW
65.3%
1.8%
CLMB
Faster 2-yr revenue CAGR
CLMB
CLMB
Annualised
CLMB
40.7%
2.4%
TDW

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CLMB
CLMB
TDW
TDW
Revenue
$182.4M
$336.8M
Net Profit
$3.3M
$219.9M
Gross Margin
14.5%
Operating Margin
2.1%
19.0%
Net Margin
1.8%
65.3%
Revenue YoY
32.1%
-2.4%
Net Profit YoY
-9.5%
495.8%
EPS (diluted)
$0.18
$4.37

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CLMB
CLMB
TDW
TDW
Q1 26
$182.4M
Q4 25
$193.8M
$336.8M
Q3 25
$161.3M
$341.1M
Q2 25
$159.3M
$341.4M
Q1 25
$138.0M
$333.4M
Q4 24
$161.8M
$345.1M
Q3 24
$119.3M
$340.4M
Q2 24
$92.1M
$339.2M
Net Profit
CLMB
CLMB
TDW
TDW
Q1 26
$3.3M
Q4 25
$7.0M
$219.9M
Q3 25
$4.7M
$-806.0K
Q2 25
$6.0M
$72.9M
Q1 25
$3.7M
$42.7M
Q4 24
$7.0M
$36.9M
Q3 24
$5.5M
$46.4M
Q2 24
$3.4M
$50.4M
Gross Margin
CLMB
CLMB
TDW
TDW
Q1 26
14.5%
Q4 25
15.4%
Q3 25
15.9%
Q2 25
16.5%
Q1 25
16.9%
Q4 24
19.3%
Q3 24
20.3%
Q2 24
20.2%
Operating Margin
CLMB
CLMB
TDW
TDW
Q1 26
2.1%
Q4 25
4.9%
19.0%
Q3 25
4.3%
18.4%
Q2 25
5.0%
23.7%
Q1 25
3.5%
22.5%
Q4 24
7.2%
23.6%
Q3 24
7.1%
20.6%
Q2 24
4.6%
23.0%
Net Margin
CLMB
CLMB
TDW
TDW
Q1 26
1.8%
Q4 25
3.6%
65.3%
Q3 25
2.9%
-0.2%
Q2 25
3.7%
21.4%
Q1 25
2.7%
12.8%
Q4 24
4.3%
10.7%
Q3 24
4.6%
13.6%
Q2 24
3.7%
14.8%
EPS (diluted)
CLMB
CLMB
TDW
TDW
Q1 26
$0.18
Q4 25
$1.51
$4.37
Q3 25
$1.02
$-0.02
Q2 25
$1.30
$1.46
Q1 25
$0.81
$0.83
Q4 24
$1.52
$0.70
Q3 24
$1.19
$0.87
Q2 24
$0.75
$0.94

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLMB
CLMB
TDW
TDW
Cash + ST InvestmentsLiquidity on hand
$41.8M
$578.8M
Total DebtLower is stronger
$670.1M
Stockholders' EquityBook value
$118.4M
$1.4B
Total Assets
$458.8M
$2.4B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLMB
CLMB
TDW
TDW
Q1 26
$41.8M
Q4 25
$36.6M
$578.8M
Q3 25
$49.8M
$428.2M
Q2 25
$28.6M
$369.4M
Q1 25
$32.5M
$341.8M
Q4 24
$29.8M
$324.9M
Q3 24
$22.1M
$280.8M
Q2 24
$48.4M
$315.9M
Total Debt
CLMB
CLMB
TDW
TDW
Q1 26
Q4 25
$670.1M
Q3 25
Q2 25
Q1 25
Q4 24
$647.9M
Q3 24
Q2 24
Stockholders' Equity
CLMB
CLMB
TDW
TDW
Q1 26
$118.4M
Q4 25
$116.6M
$1.4B
Q3 25
$109.3M
$1.1B
Q2 25
$105.2M
$1.1B
Q1 25
$95.6M
$1.1B
Q4 24
$90.6M
$1.1B
Q3 24
$87.7M
$1.1B
Q2 24
$79.8M
$1.1B
Total Assets
CLMB
CLMB
TDW
TDW
Q1 26
$458.8M
Q4 25
$460.2M
$2.4B
Q3 25
$376.1M
$2.1B
Q2 25
$420.7M
$2.1B
Q1 25
$370.1M
$2.1B
Q4 24
$469.2M
$2.1B
Q3 24
$371.9M
$2.0B
Q2 24
$302.8M
$2.1B
Debt / Equity
CLMB
CLMB
TDW
TDW
Q1 26
Q4 25
0.49×
Q3 25
Q2 25
Q1 25
Q4 24
0.58×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLMB
CLMB
TDW
TDW
Operating Cash FlowLast quarter
$153.0M
Free Cash FlowOCF − Capex
$147.8M
FCF MarginFCF / Revenue
43.9%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
0.70×
TTM Free Cash FlowTrailing 4 quarters
$353.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLMB
CLMB
TDW
TDW
Q1 26
Q4 25
$-11.9M
$153.0M
Q3 25
$22.2M
$54.7M
Q2 25
$-2.2M
$85.4M
Q1 25
$8.5M
$86.0M
Q4 24
$16.0M
$100.0M
Q3 24
$-3.6M
$49.0M
Q2 24
$7.3M
$78.6M
Free Cash Flow
CLMB
CLMB
TDW
TDW
Q1 26
Q4 25
$147.8M
Q3 25
$49.6M
Q2 25
$80.2M
Q1 25
$75.7M
Q4 24
$95.5M
Q3 24
$43.3M
Q2 24
$72.3M
FCF Margin
CLMB
CLMB
TDW
TDW
Q1 26
Q4 25
43.9%
Q3 25
14.5%
Q2 25
23.5%
Q1 25
22.7%
Q4 24
27.7%
Q3 24
12.7%
Q2 24
21.3%
Capex Intensity
CLMB
CLMB
TDW
TDW
Q1 26
Q4 25
1.5%
Q3 25
1.5%
Q2 25
1.5%
Q1 25
3.1%
Q4 24
1.3%
Q3 24
1.7%
Q2 24
1.9%
Cash Conversion
CLMB
CLMB
TDW
TDW
Q1 26
Q4 25
-1.70×
0.70×
Q3 25
4.73×
Q2 25
-0.37×
1.17×
Q1 25
2.30×
2.02×
Q4 24
2.29×
2.71×
Q3 24
-0.66×
1.06×
Q2 24
2.13×
1.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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