Tidewater (TDW) Operating Expenses (2009 - 2026)

Tidewater (TDW) posted Operating Expenses of $267.2 million for Q1 2026, down 2.05% on a QoQ basis from $272.8 million in Q4 2025, and up 3.42% year-over-year from $258.4 million in Q1 2025.

Tidewater (TDW) Operating Expenses (2009 - 2026) Analysis & Trends

Tidewater's Operating Expenses history runs 18 years deep, the most recent figure standing at $267.2 million for Q1 2026.

  • Quarterly Operating Expenses rose 3.42% year-over-year to $267.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 2.41% YoY) and the FY2025 annual result came in at $1.1 billion, up 3.45% from the prior year.
  • Operating Expenses was $267.2 million for Q1 2026 at Tidewater, down from $272.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $278.5 million in Q3 2025 and bottomed at $113.0 million in Q1 2022.
  • A 5-year average of $224.7 million and a median of $243.6 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 51.54% — and 2025, when it slipped 0.23%.
  • Tidewater's Operating Expenses stood at $173.6 million in 2022, then soared by 37.97% to $239.6 million in 2023, then increased by 10.08% to $263.7 million in 2024, then increased by 3.46% to $272.8 million in 2025, then fell by 2.05% to $267.2 million in 2026.
  • Business Quant data shows TDW's Operating Expenses at $267.2 million in Q1 2026, $272.8 million in Q4 2025, and $278.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 261.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -466.59 Mn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 2.14 Bn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 4.72 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 9.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 998.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 45.37 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 69.48 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 238.95 Mn
10 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn 267.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 267.24 Mn
Dec 31, 2025 272.82 Mn
Sep 30, 2025 278.46 Mn
Jun 30, 2025 260.51 Mn
Mar 31, 2025 258.40 Mn
Dec 31, 2024 263.71 Mn
Sep 30, 2024 270.41 Mn
Jun 30, 2024 261.10 Mn
Mar 31, 2024 239.27 Mn
Dec 31, 2023 239.56 Mn
Sep 30, 2023 243.59 Mn
Jun 30, 2023 176.01 Mn
Mar 31, 2023 168.61 Mn
Dec 31, 2022 173.63 Mn
Sep 30, 2022 172.70 Mn
Jun 30, 2022 161.61 Mn
Mar 31, 2022 113.04 Mn
Dec 31, 2021 132.17 Mn
Sep 30, 2021 113.97 Mn
Jun 30, 2021 110.11 Mn