Tidewater (TDW) Gross Profit (2009 - 2026)
Tidewater (TDW) posted Gross Profit of $160.0 million for Q1 2026, up 147.35% on a QoQ basis from -$338.0 million in Q4 2025, and down 5.0% year-over-year from $168.5 million in Q1 2025.
Tidewater (TDW) Gross Profit (2009 - 2026) Analysis & Trends
Tidewater's Gross Profit history runs 18 years deep, the most recent figure standing at $160.0 million for Q1 2026.
- Quarterly Gross Profit fell 5.0% year-over-year to $160.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $500.2 million (down 25.07% YoY) and the FY2025 annual result came in at $672.2 million, up 2.98% from the prior year.
- Gross Profit was $160.0 million for Q1 2026 at Tidewater, up from -$338.0 million in the prior quarter.
- Across five years, Gross Profit topped out at $696.3 million in Q4 2023 and bottomed at -$338.0 million in Q4 2025.
- A 5-year average of $201.0 million and a median of $168.5 million in 2025 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2022 — Gross Profit soared 606.55% — and 2025, when it slumped 293.47%.
- Tidewater's Gross Profit stood at $466.4 million in 2022, then soared by 49.28% to $696.3 million in 2023, then slumped by 74.91% to $174.7 million in 2024, then slumped by 293.47% to -$338.0 million in 2025, then surged by 147.35% to $160.0 million in 2026.
- Business Quant data shows TDW's Gross Profit at $160.0 million in Q1 2026, -$338.0 million in Q4 2025, and $339.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 160.04 Mn |
| Mar 31, 2026 | 160.04 Mn |
| Dec 31, 2025 | -337.99 Mn |
| Dec 31, 2025 | -337.99 Mn |
| Sep 30, 2025 | 339.86 Mn |
| Sep 30, 2025 | 339.86 Mn |
| Jun 30, 2025 | 338.32 Mn |
| Jun 30, 2025 | 338.32 Mn |
| Mar 31, 2025 | 168.47 Mn |
| Mar 31, 2025 | 168.47 Mn |
| Dec 31, 2024 | 174.70 Mn |
| Dec 31, 2024 | 174.70 Mn |
| Sep 30, 2024 | 161.70 Mn |
| Sep 30, 2024 | 161.70 Mn |
| Jun 30, 2024 | 162.72 Mn |
| Jun 30, 2024 | 162.72 Mn |
| Mar 31, 2024 | 153.61 Mn |
| Mar 31, 2024 | 153.61 Mn |
| Dec 31, 2023 | 696.28 Mn |
| Dec 31, 2023 | 696.28 Mn |