Skip to content
Screener

Tidewater TDW Q4 2025 Annual earnings

Reported March 2, 2026 · After market close

Revenue$336.8MBeat by $5.6M
EPS$0.33Miss by $0.42
Revenue estimate$331.2M
EPS estimate$0.75

Next report

Nov 9, 2026 (in a month)
Revenue estimate$361.5M
EPS estimate$0.74

Financials

Q4 2025

Income statement

See full
Revenue$336.8M-2.4%
Operating income$70.6M-9.2%
Net income$83.7M+85.2%
EPS (diluted)$1.66+95.3%

Balance sheet

See full
Cash & equivalents$578.8M+78.1%
Total debt$686.2M+5.9%
Total equity$1.4B+22.6%
Total assets$2.4B+15.0%

Cash flow

See full
Operating cash flow$153.0M+52.9%
CapEx$5.1M+13.5%
Free cash flow$147.8M+54.8%

Valuation & ratios

Valuation

as of 12/31/25
See full
Market cap$2.5B-12.5%
Enterprise value$2.61B-18.0%
P/E7.5×-8.4×
P/S1.9×-0.3×

Profitability

See full
Operating margin20.9%-2.2pp
Net margin24.7%+11.3pp
FCF margin26.1%+7.2pp

Returns & leverage

See full
Return on equity27%+10.2pp
Debt / equity0.5×-0.1×
Current ratio2.9×+0.8×

Segments

By geography

See full
Other Countries$153.4M+2.2%
GB$37.3M+1.2%
SA$33.4M+3.4%
NO$29.4M+4.7%
AU$27.1M-17.1%

By product

See full
Vessel$332.9M-3.1%

FAQ

When did Tidewater report Q4 2025 earnings?
Tidewater (TDW) reported Q4 2025 earnings on March 2, 2026 after market close.
What were Tidewater's Q4 2025 revenue and EPS?
Tidewater reported revenue of $336.8M and eps of $0.33 for Q4 2025.
Did Tidewater beat estimates in Q4 2025?
Revenue beat the consensus estimate of $331.2M by $5.6M. EPS missed the consensus estimate of $0.75 by $0.42.
How did Tidewater's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 2.4% from $345.1M a year earlier and eps declined 52.9% from $0.70.
Where can I find Tidewater's Q4 2025 SEC filings?
You can read the 8-K earnings release (0001437749-26-006392) and the 10-K periodic report (0001437749-26-006391) directly on SEC EDGAR. The filing index links above go to sec.gov.