# Tidewater Inc: financial statements, quarterly

TDW · NYSE · CIK 98222 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/tdw.md) · [Financials](/companies/tdw/financials.md) · [Filings](/companies/tdw/filings.md) · [Insiders](/companies/tdw/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/tdw/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [299](/filings/0001437749-24-033961.md) | [303 d](/filings/0001437749-26-006391.md) | [321](/filings/0001437749-25-014565.md) | [339](/filings/0001437749-25-024640.md) | [340](/filings/0001437749-25-034124.md) | [345 d](/filings/0001437749-26-006391.md) | [333](/filings/0001437749-26-014662.md) | [341](/filings/0001437749-26-025450.md) | [341](/filings/0001437749-25-034124.md) | [337 d](/filings/0001437749-26-006391.md) | [326](/filings/0001437749-26-014662.md) | [342](/filings/0001437749-26-025450.md) |
| Gross profit | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating income | $m | [55.7](/filings/0001437749-24-033961.md) | [63.1 d](/filings/0001437749-26-006391.md) | [81.9](/filings/0001437749-25-014565.md) | [78.1](/filings/0001437749-25-024640.md) | [69.9](/filings/0001437749-25-034124.md) | [81.4 d](/filings/0001437749-26-006391.md) | [75.0](/filings/0001437749-26-014662.md) | [80.9](/filings/0001437749-26-025450.md) | [62.7](/filings/0001437749-25-034124.md) | [64.0 d](/filings/0001437749-26-006391.md) | [59.0](/filings/0001437749-26-014662.md) | [62.5](/filings/0001437749-26-025450.md) |
| Interest expense | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Income tax | $m | [9.3](/filings/0001437749-24-033961.md) | [10.8 d](/filings/0001437749-26-006391.md) | [13.1](/filings/0001437749-25-014565.md) | [7.9](/filings/0001437749-25-024640.md) | [12.9](/filings/0001437749-25-034124.md) | [16.4 d](/filings/0001437749-26-006391.md) | [26.1](/filings/0001437749-26-014662.md) | [5.6](/filings/0001437749-26-025450.md) | [21.7](/filings/0001437749-25-034124.md) | [(167) d](/filings/0001437749-26-006391.md) | [34.9](/filings/0001437749-26-014662.md) | [25.1](/filings/0001437749-26-025450.md) |
| Net income | $m | [26.2](/filings/0001437749-24-033961.md) | [37.7 d](/filings/0001437749-26-006391.md) | [47.0](/filings/0001437749-25-014565.md) | [50.4](/filings/0001437749-25-024640.md) | [46.4](/filings/0001437749-25-034124.md) | [36.9 d](/filings/0001437749-26-006391.md) | [42.7](/filings/0001437749-26-014662.md) | [72.9](/filings/0001437749-26-025450.md) | [(0.8)](/filings/0001437749-25-034124.md) | [220 d](/filings/0001437749-26-006391.md) | [6.1](/filings/0001437749-26-014662.md) | [21.7](/filings/0001437749-26-025450.md) |
| Diluted EPS | $ per share | [0.49](/filings/0001437749-24-033961.md) | not reported | [0.89](/filings/0001437749-25-014565.md) | [0.94](/filings/0001437749-25-024640.md) | [0.87](/filings/0001437749-25-034124.md) | not reported | [0.83](/filings/0001437749-26-014662.md) | [1.46](/filings/0001437749-26-025450.md) | [(0.02)](/filings/0001437749-25-034124.md) | not reported | [0.12](/filings/0001437749-26-014662.md) | [0.43](/filings/0001437749-26-025450.md) |
| Basic EPS | $ per share | [0.50](/filings/0001437749-24-033961.md) | not reported | [0.90](/filings/0001437749-25-014565.md) | [0.96](/filings/0001437749-25-024640.md) | [0.88](/filings/0001437749-25-034124.md) | not reported | [0.83](/filings/0001437749-26-014662.md) | [1.47](/filings/0001437749-26-025450.md) | [(0.02)](/filings/0001437749-25-034124.md) | not reported | [0.12](/filings/0001437749-26-014662.md) | [0.44](/filings/0001437749-26-025450.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Gross profit: not reported
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: not reported
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [275](/filings/0001437749-23-030405.md) | [274](/filings/0001437749-25-005487.md) | [281](/filings/0001437749-24-014386.md) | [316](/filings/0001437749-24-024927.md) | [281](/filings/0001437749-24-033961.md) | [325](/filings/0001437749-26-006391.md) | [342](/filings/0001437749-25-014565.md) | [369](/filings/0001437749-25-024640.md) | [428](/filings/0001437749-25-034124.md) | [579](/filings/0001437749-26-025450.md) | [552](/filings/0001437749-26-014662.md) | [614](/filings/0001437749-26-025450.md) |
| Current assets | $m | [575](/filings/0001437749-23-030405.md) | [591](/filings/0001437749-25-005487.md) | [616](/filings/0001437749-24-014386.md) | [647](/filings/0001437749-24-024927.md) | [626](/filings/0001437749-24-033961.md) | [699](/filings/0001437749-26-006391.md) | [698](/filings/0001437749-25-014565.md) | [725](/filings/0001437749-25-024640.md) | [800](/filings/0001437749-25-034124.md) | [914](/filings/0001437749-26-025450.md) | [900](/filings/0001437749-26-014662.md) | [967](/filings/0001437749-26-025450.md) |
| Total assets | $m | [2,072](/filings/0001437749-23-030405.md) | [2,063](/filings/0001437749-26-006391.md) | [2,078](/filings/0001437749-25-014565.md) | [2,090](/filings/0001437749-25-024640.md) | [2,047](/filings/0001437749-25-034124.md) | [2,075](/filings/0001437749-26-006391.md) | [2,066](/filings/0001437749-26-014662.md) | [2,074](/filings/0001437749-26-025450.md) | [2,129](/filings/0001437749-25-034124.md) | [2,387](/filings/0001437749-26-025450.md) | [2,341](/filings/0001437749-26-014662.md) | [2,366](/filings/0001437749-26-025450.md) |
| Current liabilities | $m | [332](/filings/0001437749-23-030405.md) | [329](/filings/0001437749-25-005487.md) | [339](/filings/0001437749-24-014386.md) | [340](/filings/0001437749-24-024927.md) | [274](/filings/0001437749-24-033961.md) | [332](/filings/0001437749-26-006391.md) | [338](/filings/0001437749-25-014565.md) | [343](/filings/0001437749-25-024640.md) | [276](/filings/0001437749-25-034124.md) | [315](/filings/0001437749-26-025450.md) | [270](/filings/0001437749-26-014662.md) | [270](/filings/0001437749-26-025450.md) |
| Long-term debt | $m | [641](/filings/0001437749-23-030405.md) | [631](/filings/0001437749-25-005487.md) | [620](/filings/0001437749-24-014386.md) | [608](/filings/0001437749-24-024927.md) | [597](/filings/0001437749-24-033961.md) | [572](/filings/0001437749-26-006391.md) | [556](/filings/0001437749-25-014565.md) | [532](/filings/0001437749-25-024640.md) | [650](/filings/0001437749-25-034124.md) | [649](/filings/0001437749-26-025450.md) | [649](/filings/0001437749-26-014662.md) | [648](/filings/0001437749-26-025450.md) |
| Current portion of debt | $m | [102](/filings/0001437749-23-030405.md) | [103](/filings/0001437749-25-005487.md) | [103](/filings/0001437749-24-014386.md) | [103](/filings/0001437749-24-024927.md) | [53.1](/filings/0001437749-24-033961.md) | [65.4](/filings/0001437749-26-006391.md) | [80.0](/filings/0001437749-25-014565.md) | [93.4](/filings/0001437749-25-024640.md) | [5.8](/filings/0001437749-25-034124.md) | [5.8](/filings/0001437749-26-025450.md) | [5.8](/filings/0001437749-26-014662.md) | [5.7](/filings/0001437749-26-025450.md) |
| Shareholders' equity | $m | [1,033](/filings/0001437749-23-030405.md) | [1,039](/filings/0001437749-25-005487.md) | [1,057](/filings/0001437749-24-014386.md) | [1,081](/filings/0001437749-24-024927.md) | [1,116](/filings/0001437749-24-033961.md) | [1,114](/filings/0001437749-26-006391.md) | [1,114](/filings/0001437749-25-014565.md) | [1,140](/filings/0001437749-25-024640.md) | [1,143](/filings/0001437749-25-034124.md) | [1,365](/filings/0001437749-26-025450.md) | [1,368](/filings/0001437749-26-014662.md) | [1,393](/filings/0001437749-26-025450.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [34.9 d](/filings/0001437749-24-033961.md) | [46.7 d](/filings/0001437749-26-006391.md) | [54.8](/filings/0001437749-25-014565.md) | [78.6 d](/filings/0001437749-25-024640.md) | [49.0 d](/filings/0001437749-25-034124.md) | [100 d](/filings/0001437749-26-006391.md) | [80.4](/filings/0001437749-26-014662.md) | [73.7 d](/filings/0001437749-26-025450.md) | [72.1 d](/filings/0001437749-25-034124.md) | [153 d](/filings/0001437749-26-006391.md) | [19.2](/filings/0001437749-26-014662.md) | [67.0 d](/filings/0001437749-26-025450.md) |
| Capital expenditure | $m | [5.7 d](/filings/0001437749-24-033961.md) | [8.4 d](/filings/0001437749-26-006391.md) | [10.9](/filings/0001437749-25-014565.md) | [6.4 d](/filings/0001437749-25-024640.md) | [5.7 d](/filings/0001437749-25-034124.md) | [4.5 d](/filings/0001437749-26-006391.md) | [10.3](/filings/0001437749-26-014662.md) | [5.2 d](/filings/0001437749-26-025450.md) | [5.1 d](/filings/0001437749-25-034124.md) | [5.1 d](/filings/0001437749-26-006391.md) | [14.9](/filings/0001437749-26-014662.md) | [14.9 d](/filings/0001437749-26-025450.md) |
| Dividends paid | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Share repurchases | $m | [0.0 d](/filings/0001437749-24-033961.md) | [35.0 d](/filings/0001437749-26-006391.md) | [3.5](/filings/0001437749-25-014565.md) | [29.4 d](/filings/0001437749-25-024640.md) | [13.7 d](/filings/0001437749-25-034124.md) | [44.1 d](/filings/0001437749-26-006391.md) | [39.3](/filings/0001437749-26-014662.md) | [50.8 d](/filings/0001437749-26-025450.md) | [0.0 d](/filings/0001437749-25-034124.md) | [0.0 d](/filings/0001437749-26-006391.md) | [0.0](/filings/0001437749-26-014662.md) | [0.0 d](/filings/0001437749-26-025450.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: not reported
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [51.5](/filings/0001437749-23-030405.md) | [52.0](/filings/0001437749-24-014386.md) | [52.0](/filings/0001437749-24-024927.md) | [53.6](/filings/0001437749-24-033961.md) | [52.9](/filings/0001437749-25-014565.md) | [53.3](/filings/0001437749-25-024640.md) | [53.1](/filings/0001437749-25-034124.md) | [51.7](/filings/0001437749-26-014662.md) | [50.0](/filings/0001437749-26-025450.md) | [49.5](/filings/0001437749-25-034124.md) | [49.8](/filings/0001437749-26-014662.md) | [50.1](/filings/0001437749-26-025450.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 49,756,231 at 2026-07-31, from the cover of the [10-Q filed 2026-08-03](/filings/0001437749-26-025450.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:20 ET. No prices; not investment advice.