Tidewater (TDW)
Charters offshore support vessels for supply, rig handling, construction, and production work.
$87.16
After hours−0.03 (−0.03%)
At close$87.19(+1.89%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 299 | 303 | 321 | 339 | 340 | 345 | 333 | 341 | 341 | 337 | 326 | 342 |
| Cost of revenue | 223 | 219 | 225 | 237 | 242 | 236 | 232 | 235 | 244 | 239 | 234 | 245 |
| Gross profit | 76 | 84 | 96 | 102 | 98 | 109 | 102 | 107 | 97 | 98 | 93 | 97 |
| 20 | 21 | 14 | 24 | 28 | 28 | 27 | 26 | 35 | 31 | 34 | 35 | |
| 21 | 24 | 25 | 26 | 28 | 30 | 29 | 31 | 35 | 31 | 34 | 35 | |
| General & administrative | 21 | 24 | 25 | 26 | 28 | 30 | 29 | 31 | 35 | 31 | 34 | 35 |
| Other expenses | −1 | −3 | −11 | −2 | 0 | −2 | −3 | −5 | 0 | 0 | 0 | 0 |
| Operating income | 56 | 63 | 82 | 78 | 70 | 81 | 75 | 81 | 62 | 67 | 59 | 63 |
| −21 | −15 | −22 | −20 | −11 | −28 | −7 | −3 | −41 | −14 | −18 | −16 | |
| Interest income | 1 | 3 | 1 | 1 | 1 | 3 | 2 | 2 | 0 | 3 | 2 | 1 |
| Interest expense | 19 | 20 | 19 | 19 | 18 | 17 | 16 | 16 | 17 | 17 | 17 | 16 |
| Other non-operating income | 2 | −5 | 3 | 1 | −7 | 12 | −10 | −14 | 25 | −2 | 1 | 0 |
| Income before tax | 35 | 48 | 60 | 58 | 59 | 53 | 68 | 78 | 21 | 53 | 41 | 46 |
| Income tax expense | 9 | 11 | 13 | 8 | 13 | 16 | 26 | 6 | 22 | −167 | 35 | 25 |
| Net income from continuing operations | 26 | 37 | 47 | 50 | 46 | 37 | 42 | 73 | −1 | 219 | 6 | 21 |
| Net income | 26 | 38 | 47 | 50 | 46 | 37 | 43 | 73 | −1 | 220 | 6 | 22 |
| EPS, basic | $0.50 | $0.72 | $0.90 | $0.96 | $0.88 | $0.71 | $0.83 | $1.47 | −$0.02 | $4.44 | $0.12 | $0.44 |
| EPS, diluted | $0.49 | $0.70 | $0.89 | $0.94 | $0.87 | $0.70 | $0.83 | $1.46 | −$0.02 | $4.41 | $0.12 | $0.43 |
| Weighted average shares, basic | 52 | 53 | 52 | 53 | 52 | 52 | 52 | 50 | 49 | 50 | 50 | 50 |
| Weighted average shares, diluted | 54 | 54 | 53 | 53 | 53 | 53 | 52 | 50 | 49 | 50 | 50 | 50 |
| EBITDA | 98 | 111 | 118 | 116 | 116 | 108 | 124 | 132 | 104 | 107 | 124 | 129 |
| Depreciation & amortization | 44 | 43 | 39 | 39 | 39 | 39 | 39 | 37 | 66 | 38 | 67 | 66 |
| EBIT | 54 | 68 | 79 | 77 | 76 | 70 | 85 | 95 | 37 | 70 | 58 | 63 |
