Tidewater 11/14/42 WT (TDGMW) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 3, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TDGMW SEC filings page.
Tidewater Inc 11/14/42 WT (TDGMW) reported $1.3B in revenue over the twelve months to Jun 30, 2026, down 1.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue barely grew in FY2025, but cash generation improved while reported earnings benefited from a major tax-line swing.
FY2025 net income rose85.2% even as operating income fell9.2% , separating the reported bottom-line improvement from core operations. That gap coincided with tax expense moving from$50.2M in FY2024 to-$113M , so the earnings step-up was not purely operating.
Operating cash flow of
The balance sheet became more flexible: the current ratio reached 2.9x while liabilities were
Financial Health Signals
We do not publish a peer-relative financial health score for Tidewater Inc 11/14/42 WT, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Tidewater Inc 11/14/42 WT passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) does not pass.
For every $1 of reported earnings, Tidewater Inc 11/14/42 WT generates $1.13 in operating cash flow ($379.1M OCF vs $334.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Tidewater Inc 11/14/42 WT earns $4.27 in operating income for every $1 of interest expense ($282.6M vs $66.1M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Tidewater Inc 11/14/42 WT generated $342.3M in revenue in Q2 2026. This represents an increase of 0.3% from the same quarter a year earlier. Against the prior quarter it is up 4.9%.
Tidewater Inc 11/14/42 WT's EBITDA was $100.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 14.6% from the same quarter a year earlier. Against the prior quarter it is up 3.2%.
Tidewater Inc 11/14/42 WT reported $21.7M in net income in Q2 2026. This represents a decrease of 70.3% from the same quarter a year earlier. Against the prior quarter it is up 252.8%.
Tidewater Inc 11/14/42 WT earned $0.43 per diluted share (EPS) in Q2 2026. This represents a decrease of 70.5% from the same quarter a year earlier. Against the prior quarter it is up 258.3%.
Cash & Balance Sheet
Tidewater Inc 11/14/42 WT generated $52.1M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 23.8% from the same quarter a year earlier. Against the prior quarter it is up 1113.8%.
Tidewater Inc 11/14/42 WT held $613.5M in cash against $647.5M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Tidewater Inc 11/14/42 WT's operating margin was 18.3% in Q2 2026, reflecting core business profitability. This is down 5.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.2 percentage points.
Tidewater Inc 11/14/42 WT's net profit margin was 6.3% in Q2 2026, showing the share of revenue converted to profit. This is down 15.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.5 percentage points.
Tidewater Inc 11/14/42 WT's quarterly ROE was 1.6% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 4.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.
Not reported for Q2 2026.
Capital Allocation
Tidewater Inc 11/14/42 WT repurchased no shares in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Tidewater Inc 11/14/42 WT invested $14.9M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 185.6% from the same quarter a year earlier. Against the prior quarter it is up 0.3%.
Not reported for Q2 2026.
TDGMW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $342.3M+0.3% | $326.2M-2.2% | $336.8M-2.4% | $341.1M+0.2% | $341.4M+0.6% | $333.4M+3.8% | $345.1M+14.0% | $340.4M+13.7% |
| SG&A Expenses | $34.8M+11.6% | $33.6M+15.3% | $39.0M+27.0% | $35.3M+23.8% | $31.2M+18.5% | $29.1M+14.9% | $30.7M+24.1% | $28.5M+35.6% |
| Operating Income | $62.5M-22.7% | $59.0M-21.4% | $64.0M-21.4% | $62.7M-10.4% | $80.9M+3.6% | $75.0M-8.4% | $81.4M+29.0% | $69.9M+25.6% |
| EBITDA | $100.6M-14.6% | $97.5M-14.5% | $101.8M-15.2% | $100.0M-8.4% | $117.8M+0.3% | $114.1M-5.5% | $120.1M+13.4% | $109.2M+9.7% |
| Income Tax | $25.1M+348.8% | $34.9M+33.7% | -$166.6M-1117.4% | $21.7M+68.5% | $5.6M-29.2% | $26.1M+99.8% | $16.4M+51.7% | $12.9M+39.1% |
| Net Income | $21.7M-70.3% | $6.1M-85.6% | $219.9M+495.8% | -$806K-101.7% | $72.9M+44.8% | $42.7M-9.3% | $36.9M-2.0% | $46.4M+77.0% |
| EPS (Basic) | $0.44-70.1% | $0.12-85.5% | $4.40+528.6% | -$0.02-102.3% | $1.47+53.1% | $0.83-7.8% | $0.70-2.8% | $0.88+76.0% |
| EPS (Diluted) | $0.43-70.5% | $0.12-85.5% | $4.37+524.3% | -$0.02-102.3% | $1.46+55.3% | $0.83-6.7% | $0.70-1.4% | $0.87+77.6% |
| Diluted Shares (Avg) | 50M+0.2% | 50M-3.6% | N/A | 49M-6.8% | 50M-6.3% | 52M-2.3% | N/A | 53M-1.0% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense.
TDGMW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.4B+14.1% | $2.3B+13.3% | $2.4B+15.0% | $2.1B+4.0% | $2.1B-0.7% | $2.1B-0.6% | $2.1B+0.6% | $2.0B-1.2% |
| Current Assets | $967.4M+33.5% | $899.6M+28.8% | $914.1M+30.8% | $800.3M+27.9% | $724.5M+12.0% | $698.2M+13.4% | $698.7M+18.2% | $626.0M+8.8% |
| Cash & Equivalents | $613.5M+66.1% | $552.3M+61.6% | $578.8M+78.1% | $428.2M+52.5% | $369.4M+16.9% | $341.8M+21.7% | $324.9M+18.4% | $280.8M+2.1% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $973.1M+4.1% | $972.4M+2.1% | $1.0B+6.3% | $986.2M+6.0% | $934.7M-7.3% | $952.5M-6.7% | $960.8M-6.1% | $930.7M-10.4% |
| Current Liabilities | $270.1M-21.3% | $269.9M-20.0% | $315.2M-4.9% | $276.5M+1.1% | $343.1M+0.8% | $337.5M-0.5% | $331.6M+0.9% | $273.6M-17.7% |
| Non-Current Liabilities | $703.0M+18.8% | $702.5M+14.2% | $706.3M+12.3% | $709.7M+8.0% | $591.6M-11.5% | $615.0M-9.8% | $629.2M-9.4% | $657.1M-7.0% |
| Long-Term Debt | $647.5M+21.7% | $648.6M+16.7% | $649.0M+13.5% | $649.8M+8.8% | $531.9M-12.5% | $556.0M-10.4% | $571.7M-9.4% | $597.4M-6.9% |
| Total Equity | $1.4B+22.2% | $1.4B+22.9% | $1.4B+22.6% | $1.1B+2.4% | $1.1B+5.4% | $1.1B+5.4% | $1.1B+7.2% | $1.1B+8.1% |
| Retained Earnings | -$277.4Mn/m | -$299.0Mn/m | -$305.2Mn/m | -$525.0Mn/m | -$524.2Mn/m | -$545.9Mn/m | -$548.8Mn/m | -$541.2Mn/m |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill.
TDGMW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $67.0M-9.0% | $19.2M-76.1% | $153.0M+52.9% | $72.1M+47.0% | $73.7M-6.3% | $80.4M+46.8% | $100.0M+111.8% | $49.0M+40.3% |
| Depreciation & Amortization | $38.1M+3.2% | $38.5M-1.3% | $37.8M-2.3% | $37.3M-4.9% | $36.9M-6.3% | $39.0M+0.5% | $38.7M-9.5% | $39.2M-10.5% |
| Stock-Based Compensation | N/A | $3.1M-12.3% | N/A | N/A | N/A | $3.5M+26.2% | N/A | N/A |
| Capital Expenditures | $14.9M+185.6% | $14.9M+45.0% | $5.1M+13.5% | $5.1M-10.3% | $5.2M-18.2% | $10.3M-6.2% | $4.5M-45.9% | $5.7M+0.2% |
| Free Cash Flow | $52.1M-23.8% | $4.3M-93.9% | $147.8M+54.8% | $67.0M+54.6% | $68.4M-5.3% | $70.1M+60.1% | $95.5M+145.9% | $43.3M+48.1% |
| Investing Cash Flow | -$3.4M-261.6% | -$11.6Mn/m | $184K-96.8% | -$3.9Mn/m | $2.1Mn/m | -$5.8M-484.6% | $5.8Mn/m | -$4.2Mn/m |
| Financing Cash Flow | -$2.2Mn/m | -$32.3Mn/m | -$3.6Mn/m | -$8.0Mn/m | -$65.1Mn/m | -$59.2Mn/m | -$58.2Mn/m | -$76.3M-111.4% |
| Share Buybacks | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $50.8M+72.9% | $39.3M+1021.8% | $44.1M+25.9% | $13.7Mn/m |
Not reported in any period shown, so not listed: Dividends Paid.
TDGMW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 18.3%-5.4pp | 18.1%-4.4pp | 19.0%-4.6pp | 18.4%-2.2pp | 23.7%+0.7pp | 22.5%-3.0pp | 23.6%+2.7pp | 20.5%+1.9pp |
| Net Margin | 6.3%-15.0pp | 1.9%-10.9pp | 65.3%+54.6pp | -0.2%-13.9pp | 21.4%+6.5pp | 12.8%-1.8pp | 10.7%-1.8pp | 13.6%+4.9pp |
| Return on Equity | 1.6%-4.9pp | 0.4%-3.4pp | 16.1%+12.8pp | -0.1%-4.2pp | 6.4%+1.7pp | 3.8%-0.6pp | 3.3%-0.3pp | 4.2%+1.6pp |
| Return on Assets | 0.9%-2.6pp | 0.3%-1.8pp | 9.2%+7.4pp | 0.0%-2.3pp | 3.5%+1.1pp | 2.1%-0.2pp | 1.8%-0.1pp | 2.3%+1.0pp |
| Current Ratio | 3.58+1.5x | 3.33+1.3x | 2.90+0.8x | 2.89+0.6x | 2.11+0.2x | 2.07+0.3x | 2.11+0.3x | 2.29+0.6x |
| Debt-to-Equity | 0.460.0x | 0.470.0x | 0.480.0x | 0.570.0x | 0.47-0.1x | 0.50-0.1x | 0.51-0.1x | 0.54-0.1x |
| Liabilities-to-Equity | 0.70-0.1x | 0.71-0.1x | 0.75-0.1x | 0.860.0x | 0.82-0.1x | 0.86-0.1x | 0.86-0.1x | 0.83-0.2x |
| Asset Turnover | 0.140.0x | 0.140.0x | 0.140.0x | 0.160.0x | 0.160.0x | 0.160.0x | 0.170.0x | 0.170.0x |
| FCF Margin | 15.2%-4.8pp | 1.3%-19.7pp | 43.9%+16.2pp | 19.6%+6.9pp | 20.0%-1.3pp | 21.0%+7.4pp | 27.7%+14.8pp | 12.7%+3.0pp |
Not reported in any period shown, so not listed: Gross Margin.
Where Tidewater Inc 11/14/42 WT Ranks
Frequently Asked Questions
Tidewater Inc 11/14/42 WT (TDGMW) reported $1.4B in total revenue for fiscal year 2025. This represents a 0.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Tidewater Inc 11/14/42 WT (TDGMW) revenue grew by 0.5% year-over-year, from $1.3B to $1.4B in fiscal year 2025.
Yes, Tidewater Inc 11/14/42 WT (TDGMW) reported a net income of $246.9M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $334.7M, with a net profit margin of 24.7%.
Tidewater Inc 11/14/42 WT (TDGMW) had EBITDA of $433.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, Tidewater Inc 11/14/42 WT (TDGMW) had $578.8M in cash and equivalents against $649.0M in long-term debt.
Tidewater Inc 11/14/42 WT (TDGMW) had an operating margin of 20.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Tidewater Inc 11/14/42 WT (TDGMW) had a net profit margin of 24.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Tidewater Inc 11/14/42 WT (TDGMW) has a return on equity of 24.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Tidewater Inc 11/14/42 WT (TDGMW) generated $353.3M in free cash flow during fiscal year 2025. This represents a 38.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Tidewater Inc 11/14/42 WT (TDGMW) generated $379.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Tidewater Inc 11/14/42 WT (TDGMW) had $2.4B in total assets as of fiscal year 2025, including both current and long-term assets.
Tidewater Inc 11/14/42 WT (TDGMW) invested $25.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Tidewater Inc 11/14/42 WT (TDGMW) had a current ratio of 2.90 as of fiscal year 2025, which is generally considered healthy.
Tidewater Inc 11/14/42 WT (TDGMW) had a debt-to-equity ratio of 0.48 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Tidewater Inc 11/14/42 WT (TDGMW) had a liabilities-to-equity ratio of 0.75 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Tidewater Inc 11/14/42 WT (TDGMW) had a return on assets of 14.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Tidewater Inc 11/14/42 WT (TDGMW) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Tidewater Inc 11/14/42 WT (TDGMW) has an earnings quality ratio of 1.13x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Tidewater Inc 11/14/42 WT (TDGMW) has an interest coverage ratio of 4.27x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.