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| Date | Value |
|---|---|
| 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 |