Tidewater (TDW) Operating Expenses (2009 - 2026)
Tidewater's (TDW) quarterly Operating Expenses came in at $267.2 million in Q1 2026, up 3.42% YoY from $258.4 million in Q1 2025, and down 2.05% on a QoQ basis from $272.8 million in Q4 2025.
Tidewater (TDW) Operating Expenses (2009 - 2026) Analysis & Trends
Tidewater (TDW) has 18 years of Operating Expenses data on file, last reported at $267.2 million in 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 declined to $267.2 million in Q1 2026, from $272.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $278.5 million in Q3 2025 to a low of $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 fell 0.23%.
- Tracing TDW's Operating Expenses over 5 years: stood at $173.6 million in 2022, then jumped by 37.97% to $239.6 million in 2023, then climbed by 10.08% to $263.7 million in 2024, then climbed by 3.46% to $272.8 million in 2025, then dropped by 2.05% to $267.2 million in 2026.
- The last three Operating Expenses figures came in at $267.2 million (Q1 2026), $272.8 million (Q4 2025), and $278.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 324.00 Mn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 723.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -484,107.00 Bn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 2.28 Bn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 4.94 Bn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 1.04 Bn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 998.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 266.88 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 39.97 Mn |
| 10 | Tidewater | 4.76 Bn | 4.15 Bn | 161.54 Mn | 279.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 279.76 Mn |
| 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 |