Other Countries was Tidewater’s largest region in fiscal 2025, bringing in $613.62M of $1.35B (45%).
| Geography | FY 2024 | FY 2025 |
|---|---|---|
| Other Countries | $600.26M | $613.62M |
| Angola | $144.57M | $155.85M |
| United Kingdom | $147.18M | $149.01M |
| Saudi Arabia | $129.33M | $133.78M |
| Australia | $130.79M | $108.47M |
| Norway | $112.17M | $117.45M |
| United States | $81.55M | $74.61M |
| Total | $1.35B | $1.35B |
Tidewater brought in $1.35B from its seven regions in fiscal 2025, the year ended December 31, 2025. That was up 0.5% from $1.35B in fiscal 2024. Other Countries was the largest at $613.62M (45.4%), ahead of Angola at $155.85M (11.5%) and United Kingdom at $149.01M (11.0%). The other four regions brought in $434.31M combined.
Compared with fiscal 2024, Angola grew fastest, up 7.8% to $155.85M, while Australia fell the most, down 17.1% to $108.47M.
West Africa was Tidewater’s largest segment in fiscal 2025, bringing in $362.76M of $1.34B (27%).
| Statement Business Segments | FY 2019 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| West Africa | $190.35M | $273.96M | $380.11M | $362.76M | |
| Europe & Mediterranean | $129.58M | $230.22M | $333.08M | $343.63M | |
| Americas | $146.87M | $237.21M | $261.93M | $270.23M | |
| Asia Pacific | $64.23M | $122.24M | $210.33M | $189.75M | |
| Middle East | $110.38M | $135.38M | $152.19M | $172.57M | |
| Middle East & Asia Pacific | — | — | — | — | |
| Total | $641.40M | $998.99M | $1.34B | $1.34B |
Tidewater brought in $1.34B from its five segments in fiscal 2025, the year ended December 31, 2025. That was up 0.1% from $1.34B in fiscal 2024. West Africa was the largest at $362.76M (27.1%), ahead of Europe & Mediterranean at $343.63M (25.7%) and Americas at $270.23M (20.2%). The other two segments brought in $362.32M combined.
Compared with fiscal 2024, Middle East grew fastest, up 13.4% to $172.57M, while Asia Pacific fell the most, down 9.8% to $189.75M. From fiscal 2022 to 2025, combined revenue from these segments grew from $641.40M to $1.34B, a compound annual growth rate of 27.8%. West Africa's share of the total fell from 29.7% to 27.1%.
Vessel was Tidewater’s largest product and service line in fiscal 2025, bringing in $1.34B of $1.35B (99%).
| Product and Service | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Vessel | $641.40M | $998.99M | $1.34B | $1.34B | ||||
| Product & Service, Other | $6.28M | $10.99M | $8.20M | $13.86M | ||||
| Total | $647.68M | $1.01B | $1.35B | $1.35B |
Tidewater brought in $1.35B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 0.5% from $1.35B in fiscal 2024. Vessel was the largest at $1.34B (99.0%), ahead of Product & Service, Other at $13.86M (1.0%).
From fiscal 2022 to 2025, combined revenue from these lines grew from $647.68M to $1.35B, a compound annual growth rate of 27.8%. Vessel's share held steady at about 99.0%.
Tidewater (TDW) reports its revenue by geography, by statement business segments and by product and service. In fiscal 2025, Other Countries was its largest region, bringing in $613.62M (45.4% of the total), followed by Angola at $155.85M (11.5%).
Other Countries was Tidewater's largest region in fiscal 2025, bringing in $613.62M, or 45.4% of the $1.35B total across its seven regions.
West Africa was Tidewater's largest segment in fiscal 2025, bringing in $362.76M, or 27.1% of the $1.34B total across its five segments.
Vessel was Tidewater's largest product and service line in fiscal 2025, bringing in $1.34B, or 99.0% of the $1.35B total across its two product and service lines.
Among Tidewater's regions that make up at least 2% of revenue, Angola grew fastest in fiscal 2025, up 7.8% from $144.57M to $155.85M.
Every figure comes from Tidewater's annual financial filings, as reported. Each line keeps the name Tidewater gives it, and years follow its fiscal calendar.
Tidewater's revenue by geography goes back to fiscal 2024, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.