Tidewater (TDW) EBITDA (2009 - 2026)
Tidewater (TDW) posted EBITDA 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) EBITDA (2009 - 2026) Analysis & Trends
Tidewater's EBITDA history runs 18 years deep, the most recent figure standing at $59.0 million for Q1 2026.
- Quarterly EBITDA 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.
- EBITDA was $59.0 million for Q1 2026 at Tidewater, down from $64.0 million in the prior quarter.
- Across five years, EBITDA 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 EBITDA.
- Annual changes were most pronounced in 2023 — EBITDA jumped 2016.68% — and 2026, when it dropped 21.4%.
- Tidewater's EBITDA 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 EBITDA 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) | EBITDA (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| Date | Value |
|---|---|
| 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 |