Tidewater TDW
NYSE TDW
$93.12 +1.12 (+1.22%)
As of: Sep 9, 2026 · 3:59 PM EDT

Tidewater (TDW) Operating Expenses (2009 - 2026)

Tidewater (TDW) recorded quarterly Operating Expenses of $279.8 million in Q2 2026, up 4.69% on a QoQ basis from $267.2 million in Q1 2026, and up 7.39% YoY from $260.5 million in Q2 2025.

Analysis

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

Tidewater (TDW) has reported Operating Expenses for 18 consecutive years, with $279.8 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 7.39% year-over-year to $279.8 million; the trailing twelve-month figure through Jun 2026 stood at $1.1 billion (up 4.3% YoY), and the FY2025 full-year result was $1.1 billion, up 3.45% from the prior year.
  • Operating Expenses was $279.8 million for Q2 2026 at Tidewater, up from $267.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $279.8 million in Q2 2026, with the low at $113.0 million in Q1 2022.
  • Historically, Operating Expenses has averaged $227.8 million across 5 years, with a median of $251.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Operating Expenses surged 51.54% — and 2025, when it declined 0.23%.
  • Tracing TDW's Operating Expenses over 5 years: 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 rose by 2.54% to $279.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $279.8 million in Q2 2026, $267.2 million in Q1 2026, and $272.8 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Slb 85.07 Bn 81.00 Bn 4.63 Bn 324.00 Mn
2 Baker Hughes 63.03 Bn 47.30 Bn 1.58 Bn 723.00 Mn
3 Halliburton 31.08 Bn 29.03 Bn 2.10 Bn 4.94 Bn
4 Weatherford International 6.68 Bn 5.54 Bn 662.00 Mn 998.00 Mn
5 Kodiak Gas Services 6.11 Bn 5.98 Bn 246.76 Mn 266.88 Mn
6 Tidewater 4.62 Bn 4.01 Bn 161.54 Mn 279.76 Mn
7 USA Compression Partners 4.01 Bn 4.00 Bn 217.36 Mn 241.76 Mn
8 Liberty Energy 3.59 Bn 3.04 Bn 208.34 Mn 1.18 Bn
9 National Energy Services Reunited 3.50 Bn 3.31 Bn 81.29 Mn 12.02 Mn
10 Select Water Solutions 2.78 Bn 2.74 Bn 76.84 Mn 42.50 Mn
Historic Data

Historic Data

Download Data
DateValue
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