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Tidewater TDW Deferred contract costs

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$99.1M+27.4%
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$98.41M+15.7%

Other financials

Income statement

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Revenue$326.2M-2.2%
Operating income$70.6M-9.2%
Net income$6.0M-92.9%
EPS (diluted)$1.66+95.3%

Balance sheet

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Cash & equivalents$552.3M+61.6%
Total debt$654.4M+2.9%
Total equity$1.4B+22.9%
Total assets$2.3B+13.3%

Cash flow

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Operating cash flow$19.2M-76.1%
CapEx$14.9M+45.0%
Free cash flow$4.3M-93.9%

Valuation

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Market cap$3.3B+90.4%

Profitability

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Operating margin20.9%-2.2pp
Net margin19.1%+3.0pp
FCF margin21.4%+0.7pp

Returns & leverage

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Return on equity20.7%+0.5pp
Debt / equity0.5×-0.1×
Current ratio3.3×+1.3×

Where this comes from

Reported directly by Tidewater in its filing.

Tagged under the XBRL concept us-gaap:DeferredCosts.

The official record: Tidewater’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tidewater's deferred contract costs?
Tidewater (TDW) reported deferred contract costs of $147.87M in Q1 2026.
How has Tidewater's deferred contract costs changed year-over-year?
Tidewater's deferred contract costs decreased by 12.7% year-over-year, from $169.33M to $147.87M.
What is the long-term trend for Tidewater's deferred contract costs?
Over 5 years (2020 to 2025), Tidewater's deferred contract costs has grown at a 19.9% compound annual growth rate (CAGR), from $56.47M to $139.74M.
What does deferred contract costs mean?
These are costs incurred to obtain or fulfill long-term customer contracts that are capitalized and amortized over the expected duration of the contract. This metric captures the upfront investment required to secure and initiate service agreements within the offshore energy sector. It provides insight into the company's contract acquisition efficiency and the timing of expense recognition relative to service delivery.