Tidewater (TDW) Cost of Revenue (2009 - 2026)
Tidewater's (TDW) quarterly Cost of Revenue came in at $166.2 million in Q1 2026, up 0.73% YoY from $165.0 million in Q1 2025, and down 75.37% on a QoQ basis from $674.8 million in Q4 2025.
Tidewater (TDW) Cost of Revenue (2009 - 2026) Analysis & Trends
Tidewater (TDW) has 18 years of Cost of Revenue data on file, last reported at $166.2 million in 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 retreated to $166.2 million in Q1 2026, from $674.8 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $674.8 million in Q4 2025 to a low of -$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 plunged 122764.47% — and 2024, when it jumped 47222.52%.
- Tracing TDW's Cost of Revenue over 5 years: stood at -$279.7 million in 2022, then plunged by 40.74% to -$393.6 million in 2023, then soared by 143.29% to $170.4 million in 2024, then soared by 296.04% to $674.8 million in 2025, then slumped by 75.37% to $166.2 million in 2026.
- The last three Cost of Revenue figures came in at $166.2 million (Q1 2026), $674.8 million (Q4 2025), and $1.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 4.34 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 5.16 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 1,981.97 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 1.36 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 3.61 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 1.61 Bn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 443.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 144.36 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 126.73 Mn |
| 10 | Tidewater | 4.78 Bn | 4.16 Bn | 161.54 Mn | 180.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 180.75 Mn |
| Jun 30, 2026 | 180.75 Mn |
| 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 |