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Tidewater TDW West Africa — Gross Profit

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$15.47M+13.1%
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$9.57M+95.4%
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$8.05M+9.0%
Middle East1
$6.63M-22.6%

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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$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:GrossProfit.

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 west africa — gross profit?
Tidewater (TDW) reported west africa — gross profit of $37.23M in Q1 2026.
How has Tidewater's west africa — gross profit changed year-over-year?
Tidewater's west africa — gross profit decreased by 27.9% year-over-year, from $51.61M to $37.23M.
What is the long-term trend for Tidewater's west africa — gross profit?
Over 3 years (2022 to 2025), Tidewater's west africa — gross profit has grown at a 47.6% compound annual growth rate (CAGR), from $43.11M to $138.67M.
What does west africa — gross profit mean?
Calculated as the segment revenue minus direct operating costs, this metric measures the core profitability of the West Africa marine support services. It highlights the segment's ability to generate returns on its operational assets before accounting for corporate-level expenses.