What is W&T Offshore's net income?

W&T Offshore (WTI) reported net income of -$22.53M in Q1 2026.

How has W&T Offshore's net income changed year-over-year?

W&T Offshore's net income increased by 26.3% year-over-year, from -$30.58M to -$22.53M.

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?

Net income as the starting point for the indirect method operating cash flow reconciliation.

W&T Offshore WTI Net Income

Net Income at other companies

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$68.65M-23.2%

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$3.36B+255%

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-$93.76M-1,313%

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$18.67M+43.1%

Other financials

Income statement

See full

Revenue$150.0M+15.5%

Operating income$14.6M+278%

Net income-$22.5M+26.3%

EPS (diluted)-$0.15+28.6%

Balance sheet

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Cash & equivalents$130.9M+23.6%

Total debt$353.0M+0.4%

Total equity-$221.8M-168%

Total assets$959.2M-6.4%

Cash flow

See full

Operating cash flow$2.6M+180%

Valuation

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Market cap$474.6M+49.5%

Enterprise value$696.66M+23.7%

P/S0.9×+0.3×

Profitability

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Operating margin-5.7%-1.7pp

Net margin-27.2%+12.7pp

Returns & leverage

See full

Return on equity-165.9%—

Debt / equity78.6×+62.3×

Current ratio1×-0.2×

Where this comes from

Reported directly by W&T Offshore in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The official record: W&T Offshore’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is W&T Offshore's net income?: W&T Offshore (WTI) reported net income of -$22.53M in Q1 2026.
How has W&T Offshore's net income changed year-over-year?: W&T Offshore's net income increased by 26.3% year-over-year, from -$30.58M to -$22.53M.
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?: Net income as the starting point for the indirect method operating cash flow reconciliation.