Welcome to our dedicated page for Tidewater SEC filings (Ticker: TDW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to Tidewater Inc. (NYSE: TDW) SEC filings, offering a detailed view of how the company reports its offshore support vessel business to regulators. Tidewater files annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, along with other required documents, to describe its operations, financial condition and material events.
Form 8-K filings highlighted in recent disclosures include results of operations and financial condition items where Tidewater furnishes earnings releases for specific quarters. These documents contain information on revenue, gross margin, net income, Adjusted EBITDA, free cash flow, average day rates, vessel up-time and active utilization, as well as narrative explanations of performance across production support, offshore construction, subsea and EPCI, drilling support and renewable energy projects.
Other 8-K filings describe capital markets transactions and credit facilities, such as the issuance of 9.125% Senior Notes due 2030 under an indenture and the entry into a senior secured revolving credit facility. These filings outline key terms, covenants, redemption provisions, change of control features and financial maintenance ratios, and explain how proceeds are used to repay existing term loans and bonds.
Through this page, users can also review disclosures about share repurchase programs, including Board authorization of repurchase capacity and the flexibility the company has in executing buybacks. Together with periodic reports, these filings help clarify Tidewater’s capital structure, liquidity and risk factors, including the extensive list of business, financial, regulatory and operational risks referenced in its cautionary statements.
Stock Titan enhances these filings with AI-powered summaries that explain the purpose and implications of each document in clear language. Users can quickly scan new 10-K, 10-Q, 8-K and Form 4 submissions, see key changes relative to prior periods, and explore the underlying full-text filings as needed.
Tidewater Inc. director Robert Robotti reported a bona fide gift of 10,000 shares of common stock. The shares were transferred for no consideration, so this was not a market sale or purchase. After the gift, indirect holdings reported for Robotti total 2,229,739 shares of Tidewater common stock.
These indirect holdings include shares beneficially owned by advisory clients of Robotti & Company Advisors, LLC, The Ravenswood Investment Company, LP, Ravenswood Investments III, L.P., Suzanne and Robert Robotti Foundation, Inc., his wife Suzanne Robotti, and shares held in his own name. Robotti disclaims beneficial ownership of all reported securities except to the extent of his pecuniary interest.
Charles Schwab Corp. disclosure reports proposed sales of Common Stock by Daniel Hudson. The notice lists specific share sale entries in the past three months, including 5,195 shares on 03/05/2026, 15,000 shares on 02/23/2026, and 10,000 shares on 02/11/2026, with dollar amounts shown for each trade.
The entries identify the seller's address and show per‑trade proceeds (for example, $418,538.00, $1,162,512.00, and $700,092.00 respectively). The form lists earlier equity compensation exercises dated 04/15/2020, 08/18/2020, and 03/10/2025.
Tidewater Inc. executive Samuel R. Rubio, the EVP, CFO & CAO, reported an open-market sale of 22,461 shares of Tidewater common stock on March 5, 2026, at a weighted average price of $80.05 per share. After this transaction, he directly owned 60,066 shares.
The shares were sold in multiple trades at prices ranging from $80.01 to $80.51, with the reported price reflecting the weighted average sale price for the transaction.
Tidewater Inc. executive Daniel A. Hudson, EVP & General Counsel, sold 5,195 shares of common stock in an open-market transaction. The sale occurred on March 5, 2026 at a weighted average price of $80.56 per share.
According to the disclosure, the transaction was executed in multiple trades at prices ranging from $80.50 to $80.83, with the weighted average price reported. After this sale, Hudson directly owns 45,971 shares of Tidewater common stock.
The Charles Schwab Corporation: a Rule 144 notice reports sales of Common Stock by Daniel Hudson. The filing lists a sale of 15,000 shares on 02/23/2026 for $1,162,512.00 and a sale of 10,000 shares on 02/11/2026 for $700,092.00.
This filing is a routine Rule 144 seller notice disclosing the dates, share counts, and gross proceeds for the reported transactions.
Charles Schwab Corp. filed a Form 144 disclosing proposed dispositions of common stock connected to stock option exercises. The filing lists 6,778 shares dated 03/08/2024 and 15,683 shares dated 03/22/2024.
Tidewater Inc. provides marine and transportation services to the global offshore energy industry, operating 208 vessels across more than 30 countries as of December 31, 2025. Its fleet is mainly platform supply vessels (139 PSVs) and anchor handling towing supply vessels (52 AHTS), which together generate most vessel revenue.
The company agreed to acquire the Wilson Companies for $500 million, adding 22 PSVs in Brazil, with closing expected in late Q2 2026 subject to antitrust and lender approvals. In July 2025 it issued $650 million of 9.125% Senior Notes due 2030 and used the proceeds to redeem multiple higher-cost debt instruments, recording a $27.1 million loss on early extinguishment.
Tidewater has been active in share repurchases, buying back 4,264,889 shares for about $215.7 million over three years, including 2,290,204 shares for roughly $90 million in 2025, under increasingly larger Board-authorized programs up to $500 million. Key risks highlighted include dependence on oil and gas capital spending, energy transition and climate-related regulation, acquisition integration (including the Wilson deal), leverage and refinancing risk, and extensive international, regulatory and cybersecurity exposure.
Tidewater Inc. reported solid full-year 2025 results with a sharp earnings jump despite a soft offshore backdrop. Revenue for 2025 was $1,352.8 million, up slightly from 2024, while net income rose to $333.5 million and Adjusted EBITDA reached $598.1 million. Results were helped by a non-cash deferred tax benefit of $201.5 million tied to a vessel realignment.
The business generated $379.1 million of operating cash flow and $426.0 million of free cash flow in 2025, allowing Tidewater to repurchase 2.5 million shares for $98.2 million. Year-end cash rose to $578.8 million, and common shares outstanding were 49,566,334.
Fourth-quarter 2025 revenue was $336.8 million, down 2.4% year over year, but net income jumped to $219.4 million and Adjusted EBITDA was $143.1 million, aided by a $2.1 million foreign exchange gain and the tax benefit. Average day rate was $22,044 per day, only slightly below the prior year, with vessel utilization in the high 70% range on a global basis.
Tidewater updated 2026 guidance to revenue of $1.43 to $1.48 billion and a gross margin of 49% to 51%, reflecting the previously announced Wilson Sons Ultratug acquisition in Brazil. The company also highlighted $500 million of remaining share repurchase authorization.
Tidewater Inc. has entered a definitive agreement to acquire all shares of Wilson Sons Ultratug Participações S.A. and Atlantic Offshore Services S.A., whose assets include 22 platform supply vessels in Brazil, for an enterprise value of approximately $500 million, including assumed debt of about $261 million as of September 30, 2025.
The deal is structured as an all-cash purchase funded from cash on hand, with completion subject to Brazilian antitrust (CADE) approval, lender consents, delivery of required financial statements and other customary conditions, and a long-stop date of December 31, 2026. Tidewater expects WSUT to generate roughly $220 million of revenue and a gross margin near 58% over the first 12 months after a late second-quarter 2026 closing, with about $14 million of annual G&A expense and a pro forma net leverage ratio below 1.0x.
Tidewater Inc. executive vice president and general counsel Daniel A. Hudson reported an open-market sale of 15,000 shares of common stock on February 23, 2026 at a weighted average price of $77.50 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 17, 2025. After this transaction, Hudson directly holds 50,986 shares of Tidewater common stock.