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Side-by-side financial comparison of Pacira BioSciences, Inc. (PCRX) 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 $177.4M, roughly 1.9× Pacira BioSciences, Inc.). TIDEWATER INC runs the higher net margin — 65.3% vs 1.6%, a 63.6% gap on every dollar of revenue. On growth, Pacira BioSciences, Inc. posted the faster year-over-year revenue change (5.0% vs -2.4%). Over the past eight quarters, TIDEWATER INC's revenue compounded faster (2.4% CAGR vs -0.2%).

Pacira BioSciences, Inc. is a specialty pharmaceutical company focused on developing and commercializing non-opioid pain management solutions. Its core product line targets post-surgical pain relief for patients, serving hospitals, ambulatory surgery centers and other healthcare providers primarily in the U.S., with ongoing expansion efforts in select international markets.

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.

PCRX vs TDW — Head-to-Head

Bigger by revenue
TDW
TDW
1.9× larger
TDW
$336.8M
$177.4M
PCRX
Growing faster (revenue YoY)
PCRX
PCRX
+7.4% gap
PCRX
5.0%
-2.4%
TDW
Higher net margin
TDW
TDW
63.6% more per $
TDW
65.3%
1.6%
PCRX
Faster 2-yr revenue CAGR
TDW
TDW
Annualised
TDW
2.4%
-0.2%
PCRX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PCRX
PCRX
TDW
TDW
Revenue
$177.4M
$336.8M
Net Profit
$2.9M
$219.9M
Gross Margin
Operating Margin
3.9%
19.0%
Net Margin
1.6%
65.3%
Revenue YoY
5.0%
-2.4%
Net Profit YoY
495.8%
EPS (diluted)
$0.07
$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
PCRX
PCRX
TDW
TDW
Q1 26
$177.4M
Q4 25
$196.9M
$336.8M
Q3 25
$179.5M
$341.1M
Q2 25
$181.1M
$341.4M
Q1 25
$168.9M
$333.4M
Q4 24
$187.3M
$345.1M
Q3 24
$168.6M
$340.4M
Q2 24
$178.0M
$339.2M
Net Profit
PCRX
PCRX
TDW
TDW
Q1 26
$2.9M
Q4 25
$219.9M
Q3 25
$5.4M
$-806.0K
Q2 25
$-4.8M
$72.9M
Q1 25
$4.8M
$42.7M
Q4 24
$36.9M
Q3 24
$-143.5M
$46.4M
Q2 24
$18.9M
$50.4M
Gross Margin
PCRX
PCRX
TDW
TDW
Q1 26
Q4 25
79.5%
Q3 25
80.9%
Q2 25
77.4%
Q1 25
79.7%
Q4 24
78.7%
Q3 24
76.9%
Q2 24
75.1%
Operating Margin
PCRX
PCRX
TDW
TDW
Q1 26
3.9%
Q4 25
1.2%
19.0%
Q3 25
3.5%
18.4%
Q2 25
4.7%
23.7%
Q1 25
1.2%
22.5%
Q4 24
13.2%
23.6%
Q3 24
-82.8%
20.6%
Q2 24
15.9%
23.0%
Net Margin
PCRX
PCRX
TDW
TDW
Q1 26
1.6%
Q4 25
65.3%
Q3 25
3.0%
-0.2%
Q2 25
-2.7%
21.4%
Q1 25
2.8%
12.8%
Q4 24
10.7%
Q3 24
-85.1%
13.6%
Q2 24
10.6%
14.8%
EPS (diluted)
PCRX
PCRX
TDW
TDW
Q1 26
$0.07
Q4 25
$0.05
$4.37
Q3 25
$0.12
$-0.02
Q2 25
$-0.11
$1.46
Q1 25
$0.10
$0.83
Q4 24
$0.38
$0.70
Q3 24
$-3.11
$0.87
Q2 24
$0.39
$0.94

Balance Sheet & Financial Strength

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

Metric
PCRX
PCRX
TDW
TDW
Cash + ST InvestmentsLiquidity on hand
$144.3M
$578.8M
Total DebtLower is stronger
$670.1M
Stockholders' EquityBook value
$653.9M
$1.4B
Total Assets
$1.2B
$2.4B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCRX
PCRX
TDW
TDW
Q1 26
$144.3M
Q4 25
$238.4M
$578.8M
Q3 25
$246.3M
$428.2M
Q2 25
$445.9M
$369.4M
Q1 25
$493.6M
$341.8M
Q4 24
$484.6M
$324.9M
Q3 24
$453.8M
$280.8M
Q2 24
$404.2M
$315.9M
Total Debt
PCRX
PCRX
TDW
TDW
Q1 26
Q4 25
$372.2M
$670.1M
Q3 25
$376.7M
Q2 25
$580.5M
Q1 25
$583.4M
Q4 24
$585.3M
$647.9M
Q3 24
Q2 24
Stockholders' Equity
PCRX
PCRX
TDW
TDW
Q1 26
$653.9M
Q4 25
$693.1M
$1.4B
Q3 25
$727.2M
$1.1B
Q2 25
$757.8M
$1.1B
Q1 25
$798.5M
$1.1B
Q4 24
$778.3M
$1.1B
Q3 24
$749.6M
$1.1B
Q2 24
$879.3M
$1.1B
Total Assets
PCRX
PCRX
TDW
TDW
Q1 26
$1.2B
Q4 25
$1.3B
$2.4B
Q3 25
$1.3B
$2.1B
Q2 25
$1.5B
$2.1B
Q1 25
$1.6B
$2.1B
Q4 24
$1.6B
$2.1B
Q3 24
$1.5B
$2.0B
Q2 24
$1.6B
$2.1B
Debt / Equity
PCRX
PCRX
TDW
TDW
Q1 26
Q4 25
0.54×
0.49×
Q3 25
0.52×
Q2 25
0.77×
Q1 25
0.73×
Q4 24
0.75×
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
PCRX
PCRX
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
PCRX
PCRX
TDW
TDW
Q1 26
Q4 25
$43.7M
$153.0M
Q3 25
$60.8M
$54.7M
Q2 25
$12.0M
$85.4M
Q1 25
$35.5M
$86.0M
Q4 24
$33.1M
$100.0M
Q3 24
$53.9M
$49.0M
Q2 24
$53.2M
$78.6M
Free Cash Flow
PCRX
PCRX
TDW
TDW
Q1 26
Q4 25
$43.5M
$147.8M
Q3 25
$57.0M
$49.6M
Q2 25
$9.3M
$80.2M
Q1 25
$26.9M
$75.7M
Q4 24
$31.0M
$95.5M
Q3 24
$49.8M
$43.3M
Q2 24
$51.6M
$72.3M
FCF Margin
PCRX
PCRX
TDW
TDW
Q1 26
Q4 25
22.1%
43.9%
Q3 25
31.7%
14.5%
Q2 25
5.1%
23.5%
Q1 25
15.9%
22.7%
Q4 24
16.6%
27.7%
Q3 24
29.6%
12.7%
Q2 24
29.0%
21.3%
Capex Intensity
PCRX
PCRX
TDW
TDW
Q1 26
Q4 25
0.1%
1.5%
Q3 25
2.2%
1.5%
Q2 25
1.5%
1.5%
Q1 25
5.1%
3.1%
Q4 24
1.1%
1.3%
Q3 24
2.4%
1.7%
Q2 24
0.9%
1.9%
Cash Conversion
PCRX
PCRX
TDW
TDW
Q1 26
Q4 25
0.70×
Q3 25
11.20×
Q2 25
1.17×
Q1 25
7.37×
2.02×
Q4 24
2.71×
Q3 24
1.06×
Q2 24
2.82×
1.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PCRX
PCRX

EXPAREL$143.3M81%
ZILRETTA$26.8M15%
iovera°$6.2M3%
Bupivacaine liposome injectable suspension$1.2M1%

TDW
TDW

Segment breakdown not available.

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