Tidewater Inc. (TDW) — Financial statements
Income statement, balance sheet, and cash flow for Tidewater Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,353↑0.5% | 1,346↑33.3% | 1,010↑55.9% | 648↑74.6% | 371 | |
| Cost of Revenue | 936↓0.3% | 939↑26.7% | 741↑42.9% | 519↑37.0% | 379 | |
| Gross Profit | 416↑2.4% | 406↑51.2% | 269↑108.2% | 129↑1808.5% | -8 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 135↑22.2% | 110↑16.9% | 94↓5.7% | 100↑46.5% | 68 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 135↑22.2% | 110↑16.9% | 94↓5.7% | 100↑46.5% | 68 | |
| Other Expenses | -8↑44.5% | -15↓97.7% | -8↓405.8% | 2↓87.1% | 19 | |
| Operating Expenses | 126↑32.8% | 95↑9.8% | 87↓15.4% | 102↑17.1% | 87 | |
| Total Costs & Expenses | 1,063↑2.7% | 1,034↑25.0% | 828↑33.3% | 621↑33.2% | 466 | |
| Operating Results | ||||||
| Operating Income | 290↓6.8% | 311↑70.9% | 182↑582.2% | 27↑128.1% | -95 | |
| Depreciation & Amortization | 262↑68.0% | 156↑21.3% | 129↑54.2% | 84↑14.1% | 73 | |
| EBITDA | 552↑20.5% | 459↑45.1% | 316↑221.3% | 98↑381.3% | -35 | |
| EBIT | 290↓4.1% | 302↑61.4% | 187↑1159.2% | 15↑113.8% | -108 | |
| Interest & Other Income | ||||||
| Net Interest Income | -58↑13.0% | -67↓58.7% | -42↓255.8% | -12↑15.6% | -14 | |
| Interest Income | 8↑28.0% | 6↓2.1% | 7↑20.8% | 5↑236.3% | 2 | |
| Interest Expense | 66↓9.4% | 73↑50.5% | 48↑182.0% | 17↑10.3% | 16 | |
| Non-Operating Income | 0.00↓100.0% | 9↑271.5% | -5↓143.9% | 12↓10.3% | 13 | |
| Other Income / Expenses | -70↑14.6% | -82↓89.1% | -43↓49.2% | -29↓0.9% | -29 | |
| Income Before Tax | 220↓4.0% | 229↑65.2% | 139↑6122.1% | -2↑98.1% | -124 | |
| Income Tax Expense | -113↓325.4% | 50↑16.0% | 43↑117.8% | 20↑238.5% | 6 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 333↑86.0% | 179↑87.5% | 96↑530.9% | -22↑82.9% | -130 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 335↑85.2% | 181↑85.9% | 97↑546.8% | -22↑83.1% | -129 | |
| Bottom-Line Net Income | 335↑85.2% | 181↑85.9% | 97↑546.8% | -22↑83.1% | -129 | |
| EPS (Basic) | 6.69↑94.5% | 3.44↑83.0% | 1.88↑483.7% | -0.49↑84.4% | -3.14 | |
| EPS (Diluted) | 6.64↑95.3% | 3.40↑84.8% | 1.84↑475.5% | -0.49↑84.4% | -3.14 | |
| Weighted Average Shares | 50↓4.6% | 52↑1.7% | 52↑16.9% | 44↑7.6% | 41 | |
| Weighted Average Diluted Shares | 50↓5.7% | 53↑0.3% | 53↑20.0% | 44↑7.6% | 41 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.