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W&T Offshore WTI Net Income

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Other financials

Income statement

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Revenue$162.6M+32.9%
Operating income$22.6M+276%
EPS (diluted)$0.08+157%

Balance sheet

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Cash & equivalents$150.7M+24.8%
Total debt$353.4M+0.5%
Total equity-$196.2M-91.0%
Total assets$959.5M-6.3%

Cash flow

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Operating cash flow$33.3M+19.2%

Valuation

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Market cap$517.73M+103%
Enterprise value$720.45M+48.2%
P/S0.9×+0.4×

Profitability

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Operating margin1%+0.5pp
Net margin-19.3%-2.5pp

Returns & leverage

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Return on equity-165.9%
Debt / equity78.6×+62.3×
Current ratio1.2×0.0×

Where this comes from

Reported directly by W&T Offshore in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: W&T Offshore’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091281
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other expense, net28713,4551,11813,139
Income (loss) before income taxes11,194(23,266)(8,700)(58,458)
Income tax expense (benefit)(1,367)(2,382)1,269(6,997)
Net income (loss)$12,561$(20,884)$(9,969)$(51,461)
Net income (loss) per common share:
Basic$0.08$(0.14)$(0.07)$(0.35)
Diluted$0.08$(0.14)$(0.07)$(0.35)
Weighted average common shares outstanding:

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is W&T Offshore's net income?
W&T Offshore (WTI) reported net income of $12.56M in Q2 2026.
How has W&T Offshore's net income changed year-over-year?
W&T Offshore's net income increased by 160.1% year-over-year, from -$20.88M to $12.56M.
What is the long-term trend for W&T Offshore's net income?
Over 3 years (2022 to 2025), W&T Offshore's net income has grown at a -13.4% compound annual growth rate (CAGR), from $231.15M to -$150.06M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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