Tidewater Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,353	1,346	1,010	647.68	371.03
Revenue Growth (YoY)	0.52%	33.25%	55.94%	74.56%	-6.55%
Cost of Revenue	687	696.66	560.86	399.43	264.05
Gross Profit	665.78	649.17	449.13	248.25	106.99
Selling, General & Admin	134.53	110.82	95.28	101.92	68.52
Depreciation & Amortization Expenses	262.34	242.77	180.33	119.16	114.54
Other Operating Expenses	-13.68	-15.76	-8.7	0.46	18.94
Total Operating Expenses	383.19	337.83	266.91	221.55	202
Operating Income	282.6	311.35	182.22	26.71	-95.02
Interest Income	8.17	6.38	6.56	5.18	-1.72
Interest Expense	-66.09	-72.97	-48.47	-17.19	-15.58
Other Non-Operating Income (Expense)	-4.43	-15.28	-1.37	-17	-11.47
Total Non-Operating Income (Expense)	-62.35	-81.86	-43.29	-29.02	-28.77
Pretax Income	220.25	229.49	138.93	-2.31	-123.79
Provision for Income Taxes	-113.21	50.22	43.31	19.89	5.88
Net Income	334.66	180.66	97.19	-21.75	-128.97
Minority Interest in Earnings	-1.21	-1.38	-1.56	-0.44	-0.69
Net Income to Common	334.66	180.66	97.19	-21.75	-128.97
Net Income Growth	85.25%	85.89%	-	-	-
Shares Outstanding (Basic)	50	52	52	44	41
Shares Outstanding (Diluted)	50	53	53	44	41
Shares Change (YoY)	-4.97%	0.25%	19.95%	7.61%	1.62%
EPS (Basic)	6.69	3.44	1.88	-0.49	-3.14
EPS (Diluted)	6.64	3.40	1.84	-0.49	-3.14
EPS Growth	95.29%	84.78%	-	-	-
Free Cash Flow	353.35	254.89	72.61	23.59	6.06
Free Cash Flow Growth	38.63%	251.06%	207.80%	289.58%	-
Free Cash Flow Per Share	7.01	4.80	1.37	0.53	0.15
Gross Margin	49.22%	48.24%	44.47%	38.33%	28.84%
Operating Margin	20.89%	23.13%	18.04%	4.12%	-25.61%
Profit Margin	24.65%	13.32%	9.47%	-3.43%	-34.95%
FCF Margin	26.12%	18.94%	7.19%	3.64%	1.63%
EBITDA	544.94	554.12	362.55	145.87	19.53
EBITDA Margin	40.28%	41.17%	35.90%	22.52%	5.26%
EBIT	282.6	311.35	182.22	26.71	-95.02
EBIT Margin	20.89%	23.13%	18.04%	4.12%	-25.61%
Effective Tax Rate	-51.40%	21.88%	31.17%	-861.99%	-4.75%

Updated Mar 2, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q