Tidewater (TDW) EBIT (2009 - 2026)

Tidewater (TDW) posted EBIT of $59.0 million for Q1 2026, down 7.8% on a QoQ basis from $64.0 million in Q4 2025, and down 21.4% year-over-year from $75.0 million in Q1 2025.

Tidewater (TDW) EBIT (2009 - 2026) Analysis & Trends

Tidewater's EBIT history runs 18 years deep, the most recent figure standing at $59.0 million for Q1 2026.

  • Quarterly EBIT fell 21.4% year-over-year to $59.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $266.5 million (down 12.47% YoY) and the FY2025 annual result came in at $282.6 million, down 9.23% from the prior year.
  • EBIT was $59.0 million for Q1 2026 at Tidewater, down from $64.0 million in the prior quarter.
  • Across five years, EBIT topped out at $81.9 million in Q1 2024 and bottomed at -$7.3 million in Q1 2022.
  • A 5-year average of $50.7 million and a median of $62.7 million in 2025 frame the typical range for EBIT.
  • Annual changes were most pronounced in 2023 — EBIT jumped 2016.68% — and 2026, when it dropped 21.4%.
  • Tidewater's EBIT stood at $13.1 million in 2022, then jumped by 380.98% to $63.1 million in 2023, then climbed by 28.98% to $81.4 million in 2024, then slipped by 21.38% to $64.0 million in 2025, then dropped by 7.8% to $59.0 million in 2026.
  • Business Quant data shows TDW's EBIT at $59.0 million in Q1 2026, $64.0 million in Q4 2025, and $62.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 5.12 Bn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 1.52 Bn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 361.80 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 679.00 Mn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 119.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 107.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 202.06 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 57.79 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 106.81 Mn
10 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn 58.98 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 58.98 Mn
Dec 31, 2025 63.98 Mn
Sep 30, 2025 62.65 Mn
Jun 30, 2025 80.92 Mn
Mar 31, 2025 75.05 Mn
Dec 31, 2024 81.38 Mn
Sep 30, 2024 69.95 Mn
Jun 30, 2024 78.13 Mn
Mar 31, 2024 81.90 Mn
Dec 31, 2023 63.10 Mn
Sep 30, 2023 55.67 Mn
Jun 30, 2023 38.95 Mn
Mar 31, 2023 24.50 Mn
Dec 31, 2022 13.12 Mn
Sep 30, 2022 19.06 Mn
Jun 30, 2022 1.84 Mn
Mar 31, 2022 -7.31 Mn
Dec 31, 2021 -26.99 Mn
Sep 30, 2021 -21.56 Mn
Jun 30, 2021 -20.16 Mn