Tidewater (TDW) Operating Income (2009 - 2026)
Tidewater's Operating Income was $62.53 million in Q2 2026, down 22.7% from $80.92 million a year earlier but up 6.0% from the prior quarter.
Tidewater (TDW) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tidewater's Operating Income was $248.14 million through Jun 30, 2026, down 19.2% year-over-year; for FY2025, it was $282.6 million, down 9.2% from FY2024.
- In earlier years, Operating Income was $311.35 million in FY2024 (+70.9%), $182.22 million in FY2023 (+582.2%), $26.71 million in FY2022 and -$95.02 million in FY2021.
- Quarterly Operating Income has moved between -$26.99 million (Q4 2021) and $81.9 million (Q1 2024) over five years.
- Compared with a year earlier, Operating Income has declined for four straight quarters, with an average decline of 3.3% over the last eight quarters.
- The best year-over-year quarter for Operating Income over five years was Q4 2023 (growth of 381.0%); the worst was Q2 2026 (a decline of 22.7%).
- Per Business Quant data, TDW's Operating Income in the three quarters before Q2 2026 was $58.98 million (Q1 2026), $63.98 million (Q4 2025) and $62.65 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 1.07 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 859.00 Mn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | -1.59 Bn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 778.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 193.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 30.48 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 152.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 107.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 51.10 Mn |
| 10 | Tidewater | 4.04 Bn | 1.86 Bn | 161.54 Mn | 62.53 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 62.53 Mn |
| Mar 31, 2026 | 58.98 Mn |
| Dec 31, 2025 | 63.98 Mn |
| Sep 30, 2025 | 62.65 Mn |
| Jun 30, 2025 | 80.92 Mn |
| Mar 31, 2025 | 75.05 Mn |
| Dec 31, 2024 | 81.38 Mn |
| Sep 30, 2024 | 69.95 Mn |
| Jun 30, 2024 | 78.13 Mn |
| Mar 31, 2024 | 81.90 Mn |
| Dec 31, 2023 | 63.10 Mn |
| Sep 30, 2023 | 55.67 Mn |
| Jun 30, 2023 | 38.95 Mn |
| Mar 31, 2023 | 24.50 Mn |
| Dec 31, 2022 | 13.12 Mn |
| Sep 30, 2022 | 19.06 Mn |
| Jun 30, 2022 | 1.84 Mn |
| Mar 31, 2022 | -7.31 Mn |
| Dec 31, 2021 | -26.99 Mn |
| Sep 30, 2021 | -21.56 Mn |
Tidewater Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=TDW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "TDW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=TDW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();