W&T Offshore (WTI) Net Income (2010 - 2026)

W&T Offshore's (WTI) quarterly Net Income came in at -$22.5 million in Q1 2026, up 26.32% year-on-year from -$17.8 million in Q1 2025, and down 150.5% on a QoQ basis from $44.6 million in Q4 2025.

W&T Offshore (WTI) Net Income (2010 - 2026) Analysis & Trends

W&T Offshore (WTI) has 17 years of Net Income data on file, last reported at -$22.5 million in Q1 2026.

  • On a quarterly basis, Net Income rose 26.32% year-over-year to -$22.5 million in Q1 2026; TTM through Mar 2026 was -$70.3 million, a 26.68% increase from a year earlier, with the FY2025 full-year figure at -$78.3 million, down 2.06% from the prior year.
  • Net Income for Q1 2026 stood at -$22.5 million, down from $44.6 million in the prior quarter.
  • Over the last five years, Net Income for WTI reached as high as $123.4 million in Q2 2022 and fell as low as -$71.5 million in Q3 2025.
  • Historically, Net Income has averaged $8.2 million across 5 years, with a median of -$11.5 million in 2024.
  • Across the five-year window, Net Income surged 1158.4% in 2023 and tumbled 1821.26% in 2024, its largest moves.
  • Year by year, Net Income stood at $94.7 million in 2022, then sank by 80.95% to $18.0 million in 2023, then slumped by 171.78% to -$13.0 million in 2024, then jumped by 444.54% to $44.6 million in 2025, then tumbled by 150.5% to -$22.5 million in 2026.
  • Per Business Quant data, the three most recent Net Income figures were -$22.5 million in Q1 2026, $44.6 million in Q4 2025, and -$71.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Conocophillips 142.40 Bn 136.04 Bn 9.48 Bn 2.18 Bn
2 Eog Resources 75.49 Bn 71.64 Bn - 1.98 Bn
3 Diamondback Energy 55.77 Bn 55.77 Bn 4.22 Bn 144.00 Mn
4 Woodside Energy 42.46 Bn 36.52 Bn 2.71 Bn 801.00 Mn
5 Eqt 32.82 Bn 32.71 Bn 1.42 Bn 281.45 Mn
6 Occidental Petroleum 32.75 Bn 28.94 Bn 4.87 Bn 3.12 Bn
7 Texas Pacific Land 27.10 Bn 26.85 Bn - 142.90 Mn
8 Devon Energy 26.71 Bn 24.89 Bn 3.61 Bn 216.00 Mn
9 Expand Energy 21.86 Bn 19.55 Bn 4.21 Bn 1.16 Bn
10 W&T Offshore 481.30 Mn 349.07 Mn - -22.53 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -22.53 Mn
Dec 31, 2025 44.62 Mn
Sep 30, 2025 -71.47 Mn
Jun 30, 2025 -20.88 Mn
Mar 31, 2025 -30.58 Mn
Dec 31, 2024 -12.95 Mn
Sep 30, 2024 -36.92 Mn
Jun 30, 2024 -15.39 Mn
Mar 31, 2024 -11.47 Mn
Dec 31, 2023 18.04 Mn
Sep 30, 2023 2.15 Mn
Jun 30, 2023 -12.11 Mn
Mar 31, 2023 26.01 Mn
Dec 31, 2022 94.69 Mn
Sep 30, 2022 66.72 Mn
Jun 30, 2022 123.43 Mn
Mar 31, 2022 -2.46 Mn
Dec 31, 2021 48.95 Mn
Sep 30, 2021 -37.96 Mn
Jun 30, 2021 -51.67 Mn