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| Date | Value |
|---|---|
| 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 |