Tidewater (TDW) Cost of Revenue (2009 - 2026)

Tidewater (TDW) posted Cost of Revenue of $166.2 million for Q1 2026, down 75.37% on a QoQ basis from $674.8 million in Q4 2025, and up 0.73% year-over-year from $165.0 million in Q1 2025.

Tidewater (TDW) Cost of Revenue (2009 - 2026) Analysis & Trends

Tidewater's Cost of Revenue history runs 18 years deep, the most recent figure standing at $166.2 million for Q1 2026.

  • Quarterly Cost of Revenue rose 0.73% year-over-year to $166.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $845.3 million (up 22.42% YoY) and the FY2025 annual result came in at $680.6 million, down 1.81% from the prior year.
  • Cost of Revenue was $166.2 million for Q1 2026 at Tidewater, down from $674.8 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $674.8 million in Q4 2025 and bottomed at -$393.6 million in Q4 2023.
  • A 5-year average of $74.4 million and a median of $68.5 million in 2022 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2022 — Cost of Revenue tumbled 122764.47% — and 2024, when it jumped 47222.52%.
  • Tidewater's Cost of Revenue stood at -$279.7 million in 2022, then slumped by 40.74% to -$393.6 million in 2023, then surged by 143.29% to $170.4 million in 2024, then surged by 296.04% to $674.8 million in 2025, then plunged by 75.37% to $166.2 million in 2026.
  • Business Quant data shows TDW's Cost of Revenue at $166.2 million in Q1 2026, $674.8 million in Q4 2025, and $1.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 3.34 Bn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 2.05 Bn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 855.20 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 3.37 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 1.67 Bn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 329.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 126.34 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 565.16 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 122.88 Mn
10 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn 166.19 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 166.19 Mn
Mar 31, 2026 166.19 Mn
Dec 31, 2025 674.79 Mn
Dec 31, 2025 674.79 Mn
Sep 30, 2025 1.25 Mn
Sep 30, 2025 1.25 Mn
Jun 30, 2025 3.11 Mn
Jun 30, 2025 3.11 Mn
Mar 31, 2025 164.98 Mn
Mar 31, 2025 164.98 Mn
Dec 31, 2024 170.38 Mn
Dec 31, 2024 170.38 Mn
Sep 30, 2024 178.65 Mn
Sep 30, 2024 178.65 Mn
Jun 30, 2024 176.51 Mn
Jun 30, 2024 176.51 Mn
Mar 31, 2024 167.56 Mn
Mar 31, 2024 167.56 Mn
Dec 31, 2023 -393.62 Mn
Dec 31, 2023 -393.62 Mn