Tidewater (TDGMW) Gross Margin (2009 - 2026)
Tidewater (TDGMW) recorded quarterly Gross Margin of 49.06% in Q1 2026, down 50.85% on a QoQ basis from 99.81% in Q4 2025, and down 5051.0% year-over-year from 0.99% in Q1 2025.
Tidewater (TDGMW) Gross Margin (2009 - 2026) Analysis & Trends
Tidewater has disclosed Gross Margin across 18 years of filings, most recently posting 49.06% for Q1 2026.
- Quarterly Gross Margin fell 5051.0% year-over-year to 49.06% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 87.28% (up 1299.0% YoY) and the FY2025 annual result came in at 99.53%, up 5103.0% from the prior year.
- Gross Margin eased to 49.06% in Q1 2026, from 99.81% in the prior quarter.
- Over five years, Gross Margin peaked at 99.83% in Q2 2023 and troughed at 111.98% in Q4 2022.
- A 5-year average of 71.47% and a median of 99.56% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 39111 bps — and 2023, when it soared 21154 bps.
- Tracing TDGMW's Gross Margin over 5 years: stood at 111.98% in 2022, then jumped by 189 bps to 99.56% in 2023, then tumbled by 49 bps to 50.63% in 2024, then surged by 97 bps to 99.81% in 2025, then sank by 51 bps to 49.06% in 2026.
- Business Quant data shows TDGMW's Gross Margin at 49.06% in Q1 2026, 99.81% in Q4 2025, and 99.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 53.57% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 22.98% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 37.69% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 59.67% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 5.80% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 76.04% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 66.20% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 64.46% |
| 10 | Tidewater | - | - | 160.04 Mn | 49.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.06% |
| Dec 31, 2025 | 99.81% |
| Sep 30, 2025 | 99.63% |
| Jun 30, 2025 | 99.09% |
| Mar 31, 2025 | 99.57% |
| Dec 31, 2024 | 50.63% |
| Sep 30, 2024 | 99.74% |
| Jun 30, 2024 | 47.97% |
| Mar 31, 2024 | 99.64% |
| Dec 31, 2023 | 99.56% |
| Sep 30, 2023 | 45.12% |
| Jun 30, 2023 | 99.83% |
| Mar 31, 2023 | 99.40% |
| Dec 31, 2022 | -111.98% |
| Sep 30, 2022 | 99.69% |
| Jun 30, 2022 | 38.66% |
| Mar 31, 2022 | 99.66% |
| Dec 31, 2021 | 279.13% |
| Sep 30, 2021 | 99.62% |
| Jun 30, 2021 | 28.56% |