# W&T Offshore Inc: financial statements, quarterly

WTI · NYSE · CIK 1288403 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/wti.md) · [Financials](/companies/wti/financials.md) · [Filings](/companies/wti/filings.md) · [Insiders](/companies/wti/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/wti/financials.md?period=annual).

## Income statement

| Line item | Unit | 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) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [132 d](/filings/0001104659-26-028315.md) | [141](/filings/0001558370-25-006597.md) | [143](/filings/0001558370-25-010175.md) | [121](/filings/0001104659-25-107325.md) | [120 d](/filings/0001104659-26-028315.md) | [130](/filings/0001104659-26-057242.md) | [122](/filings/0001104659-26-091281.md) | [128](/filings/0001104659-26-120259.md) | [122 d](/filings/0001104659-26-028315.md) | [150](/filings/0001104659-26-057242.md) | [163](/filings/0001104659-26-091281.md) | [167](/filings/0001104659-26-120259.md) |
| Operating income | $m | [1.8 d](/filings/0001104659-26-028315.md) | [(0.0)](/filings/0001558370-25-006597.md) | [(6.2)](/filings/0001558370-25-010175.md) | [(19.0)](/filings/0001104659-25-107325.md) | [(17.0) d](/filings/0001104659-26-028315.md) | [(8.2)](/filings/0001104659-26-057242.md) | [(12.9)](/filings/0001104659-26-091281.md) | [(12.6)](/filings/0001104659-26-120259.md) | [(19.1) d](/filings/0001104659-26-028315.md) | [14.6](/filings/0001104659-26-057242.md) | [22.6](/filings/0001104659-26-091281.md) | [11.8](/filings/0001104659-26-120259.md) |
| Interest expense | $m | [9.7 d](/filings/0001558370-24-002610.md) | 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 | [1.9 d](/filings/0001104659-26-028315.md) | [1.0](/filings/0001558370-25-006597.md) | [(4.6)](/filings/0001558370-25-010175.md) | [(4.5)](/filings/0001104659-25-107325.md) | [(1.8) d](/filings/0001104659-26-028315.md) | [(4.6)](/filings/0001104659-26-057242.md) | [(2.4)](/filings/0001104659-26-091281.md) | [56.0](/filings/0001104659-26-120259.md) | [1.9 d](/filings/0001104659-26-028315.md) | [2.6](/filings/0001104659-26-057242.md) | [(1.4)](/filings/0001104659-26-091281.md) | [0.5](/filings/0001104659-26-120259.md) |
| Net income | $m | [(0.4) d](/filings/0001104659-26-028315.md) | [(11.5)](/filings/0001558370-25-006597.md) | [(15.4)](/filings/0001558370-25-010175.md) | [(36.9)](/filings/0001104659-25-107325.md) | [(23.4) d](/filings/0001104659-26-028315.md) | [(30.6)](/filings/0001104659-26-057242.md) | [(20.9)](/filings/0001104659-26-091281.md) | [(71.5)](/filings/0001104659-26-120259.md) | [(27.1) d](/filings/0001104659-26-028315.md) | [(22.5)](/filings/0001104659-26-057242.md) | [12.6](/filings/0001104659-26-091281.md) | [(13.6)](/filings/0001104659-26-120259.md) |
| Diluted EPS | $ per share | not reported | [(0.08)](/filings/0001558370-25-006597.md) | [(0.10)](/filings/0001558370-25-010175.md) | [(0.25)](/filings/0001104659-25-107325.md) | not reported | [(0.21)](/filings/0001104659-26-057242.md) | [(0.14)](/filings/0001104659-26-091281.md) | [(0.48)](/filings/0001104659-26-120259.md) | not reported | [(0.15)](/filings/0001104659-26-057242.md) | [0.08](/filings/0001104659-26-091281.md) | [(0.09)](/filings/0001104659-26-120259.md) |
| Basic EPS | $ per share | not reported | [(0.08)](/filings/0001558370-25-006597.md) | [(0.10)](/filings/0001558370-25-010175.md) | [(0.25)](/filings/0001104659-25-107325.md) | not reported | [(0.21)](/filings/0001104659-26-057242.md) | [(0.14)](/filings/0001104659-26-091281.md) | [(0.48)](/filings/0001104659-26-120259.md) | not reported | [(0.15)](/filings/0001104659-26-057242.md) | [0.08](/filings/0001104659-26-091281.md) | [(0.09)](/filings/0001104659-26-120259.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense
- 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 | 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) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [173](/filings/0001104659-26-028315.md) | [94.8](/filings/0001558370-24-007815.md) | [123](/filings/0001558370-24-011203.md) | [127](/filings/0001558370-24-014923.md) | [109](/filings/0001104659-26-028315.md) | [106](/filings/0001558370-25-006597.md) | [121](/filings/0001558370-25-010175.md) | [125](/filings/0001104659-25-107325.md) | [141](/filings/0001104659-26-120259.md) | [131](/filings/0001104659-26-057242.md) | [151](/filings/0001104659-26-091281.md) | [191](/filings/0001104659-26-120259.md) |
| Current assets | $m | [265](/filings/0001558370-25-002116.md) | [208](/filings/0001558370-24-007815.md) | [248](/filings/0001558370-24-011203.md) | [226](/filings/0001558370-24-014923.md) | [218](/filings/0001104659-26-028315.md) | [222](/filings/0001558370-25-006597.md) | [238](/filings/0001558370-25-010175.md) | [229](/filings/0001104659-25-107325.md) | [239](/filings/0001104659-26-120259.md) | [249](/filings/0001104659-26-057242.md) | [263](/filings/0001104659-26-091281.md) | [314](/filings/0001104659-26-120259.md) |
| Total assets | $m | [1,114](/filings/0001558370-25-002116.md) | [1,126](/filings/0001558370-24-007815.md) | [1,149](/filings/0001558370-24-011203.md) | [1,127](/filings/0001558370-24-014923.md) | [1,099](/filings/0001104659-26-028315.md) | [1,025](/filings/0001558370-25-006597.md) | [1,024](/filings/0001558370-25-010175.md) | [961](/filings/0001104659-25-107325.md) | [956](/filings/0001104659-26-120259.md) | [959](/filings/0001104659-26-057242.md) | [960](/filings/0001104659-26-091281.md) | [991](/filings/0001104659-26-120259.md) |
| Current liabilities | $m | [217](/filings/0001558370-25-002116.md) | [192](/filings/0001558370-24-007815.md) | [234](/filings/0001558370-24-011203.md) | [232](/filings/0001558370-24-014923.md) | [246](/filings/0001104659-26-028315.md) | [188](/filings/0001558370-25-006597.md) | [201](/filings/0001558370-25-010175.md) | [208](/filings/0001104659-25-107325.md) | [234](/filings/0001104659-26-120259.md) | [251](/filings/0001104659-26-057242.md) | [224](/filings/0001104659-26-091281.md) | [240](/filings/0001104659-26-120259.md) |
| Long-term debt | $m | [361](/filings/0001558370-25-002116.md) | [384](/filings/0001558370-24-007815.md) | [377](/filings/0001558370-24-011203.md) | [372](/filings/0001558370-24-014923.md) | [366](/filings/0001104659-26-028315.md) | [349](/filings/0001558370-25-006597.md) | [350](/filings/0001558370-25-010175.md) | [342](/filings/0001104659-25-107325.md) | [342](/filings/0001104659-26-120259.md) | [343](/filings/0001104659-26-057242.md) | [343](/filings/0001104659-26-091281.md) | [351](/filings/0001104659-26-120259.md) |
| Current portion of debt | $m | [29.4](/filings/0001558370-25-002116.md) | [7.0](/filings/0001558370-24-007815.md) | [14.9](/filings/0001558370-24-011203.md) | [21.0](/filings/0001558370-24-014923.md) | [27.3](/filings/0001104659-26-028315.md) | [0.6](/filings/0001558370-25-006597.md) | [0.6](/filings/0001558370-25-010175.md) | [8.6](/filings/0001104659-25-107325.md) | [8.5](/filings/0001104659-26-120259.md) | [8.3](/filings/0001104659-26-057242.md) | [8.2](/filings/0001104659-26-091281.md) | [1.0](/filings/0001104659-26-120259.md) |
| Shareholders' equity | $m | [31.2](/filings/0001104659-26-028315.md) | [20.8](/filings/0001558370-25-010175.md) | [5.0](/filings/0001104659-25-107325.md) | [(31.5)](/filings/0001104659-25-107325.md) | [(52.6)](/filings/0001104659-26-120259.md) | [(82.8)](/filings/0001104659-26-091281.md) | [(103)](/filings/0001104659-26-120259.md) | [(172)](/filings/0001104659-26-120259.md) | [(200)](/filings/0001104659-26-120259.md) | [(222)](/filings/0001104659-26-091281.md) | [(196)](/filings/0001104659-26-120259.md) | [(190)](/filings/0001104659-26-120259.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 | 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) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [35.7 d](/filings/0001104659-26-028315.md) | [11.6](/filings/0001558370-25-006597.md) | [37.4 d](/filings/0001558370-25-010175.md) | [14.8 d](/filings/0001104659-25-107325.md) | [(4.3) d](/filings/0001104659-26-028315.md) | [(3.2)](/filings/0001104659-26-057242.md) | [28.0 d](/filings/0001104659-26-091281.md) | [26.5 d](/filings/0001104659-26-120259.md) | [25.9 d](/filings/0001104659-26-028315.md) | [2.6](/filings/0001104659-26-057242.md) | [33.3 d](/filings/0001104659-26-091281.md) | [36.6 d](/filings/0001104659-26-120259.md) |
| Capital expenditure | $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 |
| Dividends paid | $m | not reported | [1.5](/filings/0001558370-25-006597.md) | [1.5 d](/filings/0001558370-25-010175.md) | [1.5 d](/filings/0001104659-25-107325.md) | [1.5 d](/filings/0001104659-26-028315.md) | [1.5](/filings/0001104659-26-057242.md) | [1.5 d](/filings/0001104659-26-091281.md) | [1.5 d](/filings/0001104659-26-120259.md) | [1.5 d](/filings/0001104659-26-028315.md) | [1.5](/filings/0001104659-26-057242.md) | [1.6 d](/filings/0001104659-26-091281.md) | [1.6 d](/filings/0001104659-26-120259.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: not reported
- Dividends paid: us-gaap:PaymentsOfDividendsCommonStock

## Shares

| Line item | Unit | 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) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [149](/filings/0001558370-24-007815.md) | [146](/filings/0001558370-24-011203.md) | [151](/filings/0001558370-24-014923.md) | [147](/filings/0001558370-25-006597.md) | [147](/filings/0001558370-25-010175.md) | [147](/filings/0001104659-25-107325.md) | [148](/filings/0001104659-26-057242.md) | [148](/filings/0001104659-26-091281.md) | [149](/filings/0001104659-26-120259.md) | [149](/filings/0001104659-26-057242.md) | [158](/filings/0001104659-26-091281.md) | [152](/filings/0001104659-26-120259.md) |

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

Shares outstanding: 154,895,304 at 2026-10-20, from the cover of the [10-Q filed 2026-10-29](/filings/0001104659-26-120259.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 29, 2026, 19:28 ET. No prices; not investment advice.