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Tidewater TDW Vessel — Revenue

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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$4.06B+33.0%
Enterprise value$4.16B+25.8%
P/E15.8×+3.9×
P/S+0.8×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Tidewater’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:24 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-014662
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Revenues:
Vessel revenues$323,418$330,699
Other operating revenues2,8042,745
Total revenue326,222333,444
Costs and expenses:
Vessel operating costs166,187164,979
Costs of other operating revenues7611,430
General and administrative33,55929,094

Document

FAQ

What is Tidewater's vessel — revenue?
Tidewater (TDW) reported vessel — revenue of $323.42M in Q1 2026.
How has Tidewater's vessel — revenue changed year-over-year?
Tidewater's vessel — revenue decreased by 2.2% year-over-year, from $330.7M to $323.42M.
What is the long-term trend for Tidewater's vessel — revenue?
Over 4 years (2021 to 2025), Tidewater's vessel — revenue has grown at a 38.7% compound annual growth rate (CAGR), from $361.57M to $1.34B.
What does vessel — revenue mean?
This metric represents the total revenue generated from the vessel segment's core service contracts, excluding any pass-through taxes collected from customers. It serves as a primary indicator of the segment's market demand and pricing power within the offshore energy support industry.

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