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Side-by-side financial comparison of CMB.TECH NV (CMBT) and TIDEWATER INC (TDW), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

CMB.TECH, before October 2024 known as Euronav, is a crude oil tanker transport company, which consists of VLCCs, Suezmaxes and FSOs.

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.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
CMBT
CMBT
TDW
TDW
Q4 25
$336.8M
Q3 25
$341.1M
Q2 25
$341.4M
Q1 25
$333.4M
Q4 24
$345.1M
Q3 24
$340.4M
Q2 24
$339.2M
Q1 24
$321.2M
Net Profit
CMBT
CMBT
TDW
TDW
Q4 25
$219.9M
Q3 25
$-806.0K
Q2 25
$72.9M
Q1 25
$42.7M
Q4 24
$36.9M
Q3 24
$46.4M
Q2 24
$50.4M
Q1 24
$47.0M
Operating Margin
CMBT
CMBT
TDW
TDW
Q4 25
19.0%
Q3 25
18.4%
Q2 25
23.7%
Q1 25
22.5%
Q4 24
23.6%
Q3 24
20.6%
Q2 24
23.0%
Q1 24
25.5%
Net Margin
CMBT
CMBT
TDW
TDW
Q4 25
65.3%
Q3 25
-0.2%
Q2 25
21.4%
Q1 25
12.8%
Q4 24
10.7%
Q3 24
13.6%
Q2 24
14.8%
Q1 24
14.6%
EPS (diluted)
CMBT
CMBT
TDW
TDW
Q4 25
$4.37
Q3 25
$-0.02
Q2 25
$1.46
Q1 25
$0.83
Q4 24
$0.70
Q3 24
$0.87
Q2 24
$0.94
Q1 24
$0.89

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

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