TDWTidewater Inc.
$85.44+53% 1Y
$85.44
$47.2952 weeks$100.74
The financials
Tidewater Inc. by the numbers
Tidewater Inc. (TDW) reported revenue of $342M in Q2 2026 (quarter ended Jun 30, 2026), up 0.3% from the same quarter a year earlier. That came with a gross margin of 100% and net income of $22M (6.3% of revenue). For the full year FY2025, revenue was $1.35B (+0.5% year on year) and net income $335M. Its largest segment in Q2 2026 was Europe And Mediterranean at $112M, 33% of the disclosed total, ahead of West Africa at 23%. The next results filing is expected around Nov 9, 2026, the same week as a year ago.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $342M | $341M | +0.3% |
| Gross profit | $341M | $338M | +0.9% |
| Operating income | $63M | $81M | −23% |
| Net income | $22M | $73M | −70% |
| Diluted EPS | $0.43 | $1.46 | −71% |
| Operating | Revenue | Share |
|---|---|---|
| Europe And Mediterranean | $112M | 33% |
| West Africa | $77M | 23% |
| Americas1 | $54M | 16% |
| Middle East1 | $48M | 14% |
| Asia Pacific1 | $48M | 14% |
Business segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $339.7M (+5.0%)
Middle East1 grew +21% year on yearAmericas1 -22% year on year
Segment Latestquarter on quarteryear on year
- Europe And Mediterranean$112.1M$112.1Mquarter on quarter +29%year on year +13%+29%+13%
- West Africa$77.3M$77.3Mquarter on quarter -10.0%year on year -6.8%-10.0%-6.8%
- Americas1$54.0M$54.0Mquarter on quarter -7.8%year on year -22%-7.8%-22%
- Middle East1$48.5M$48.5Mquarter on quarter +6.4%year on year +21%+6.4%+21%
- Asia Pacific1$47.9M$47.9Mquarter on quarter +3.0%year on year +4.9%+3.0%+4.9%
Oil & Gas Equipment & Services
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