Tidewater (TDW) Gross Margin (2009 - 2026)
Tidewater's (TDW) quarterly Gross Margin came in at 49.06% in Q1 2026, down 147.0% YoY from 104.38% in Q1 2025, and up 148.88% on a QoQ basis from 100.36% in Q4 2025.
Tidewater (TDW) Gross Margin (2009 - 2026) Analysis & Trends
Tidewater (TDW) has 18 years of Gross Margin data on file, last reported at 49.06% in Q1 2026.
- Quarterly Gross Margin fell 147.0% year-over-year to 49.06% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 37.18% (down 1198.0% YoY) and the FY2025 annual result came in at 49.69%, up 119.0% from the prior year.
- Gross Margin climbed to 49.06% in Q1 2026, from 100.36% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 249.76% in Q4 2022 to a low of 100.36% in Q4 2025.
- A 5-year average of 79.45% and a median of 50.63% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin soared 14998 bps — and 2024, when it slumped 17943 bps.
- Tracing TDW's Gross Margin over 5 years: stood at 249.76% in 2022, then declined by 8 bps to 230.05% in 2023, then tumbled by 78 bps to 50.63% in 2024, then sank by 298 bps to 100.36% in 2025, then jumped by 149 bps to 49.06% in 2026.
- The last three Gross Margin figures came in at 49.06% (Q1 2026), 100.36% (Q4 2025), and 99.63% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 51.63% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.46% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 50.62% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 36.80% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 24.41% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 59.91% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 63.09% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 65.86% |
| 10 | Tidewater | 4.76 Bn | 4.15 Bn | 161.54 Mn | 47.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 47.19% |
| Mar 31, 2026 | 49.06% |
| Dec 31, 2025 | -100.36% |
| Sep 30, 2025 | 99.63% |
| Jun 30, 2025 | 99.09% |
| Mar 31, 2025 | 50.52% |
| Dec 31, 2024 | 50.63% |
| Sep 30, 2024 | 47.51% |
| Jun 30, 2024 | 47.97% |
| Mar 31, 2024 | 47.83% |
| Dec 31, 2023 | 230.05% |
| Sep 30, 2023 | 45.12% |
| Jun 30, 2023 | 99.83% |
| Mar 31, 2023 | 99.40% |
| Dec 31, 2022 | 249.76% |
| Sep 30, 2022 | 99.69% |
| Jun 30, 2022 | 99.70% |
| Mar 31, 2022 | 35.20% |
| Dec 31, 2021 | 99.78% |
| Sep 30, 2021 | 29.28% |