Tidewater, Inc. Income Statement
TDW / Energy|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Tidewater, Inc. reported $1.4B in revenue and $335M in net income for FY2025. Revenue has grown at a 1.7% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.0B | $647.7M | $371.0M | $397.0M | $486.5M | $91.5M | $36.3M | $167.9M | $979.1M | $1.5B | $1.4B | $1.2B | $1.1B |
| Cost of Revenue | - | - | - | - | - | - | - | $0 | $9.3K | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | -$29.7M | $6.9M | $6.1M | -$44.6M | -$59.4M | $69.6M | $285.9M | $296.9M | $251.7M | $167.2M |
| SG&A Expense | $134.5M | $110.8M | $95.3M | $101.9M | $68.5M | $73.4M | $103.7M | $110.0M | $41.8M | $145.9M | $153.8M | $189.8M | $188.0M | $175.6M | $156.6M |
| Operating Income | $282.6M | $311.3M | $182.2M | $26.7M | -$95.0M | -$186.8M | -$86.6M | -$107.5M | -$244.0M | -$66.1M | -$69.5M | -$37.2M | $201.5M | $206.2M | $113.6M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | $53.8M | $50.0M | $43.8M | $29.7M | $22.3M |
| Income Tax | -$113.2M | $50.2M | $43.3M | $19.9M | $5.9M | -$965.0K | $27.7M | $18.3M | -$1.2M | $6.4M | $20.8M | -$1.1M | $32.8M | $44.4M | $23.6M |
| Net Income | $334.7M | $180.7M | $97.2M | -$21.7M | -$129.0M | -$196.2M | -$141.7M | -$171.5M | -$1.6B | -$89.1M | -$160.2M | -$65.2M | $140.3M | $150.8M | $87.4M |
| EPS (Basic) | $1.88 | -$0.49 | -$3.14 | -$4.86 | -$3.71 | -$6.45 | -$34.95 | -$0.81 | -$34.95 | -$1.34 | $2.84 | $3.04 | $1.71 | $2.06 | $5.04 |
| EPS (Diluted) | $1.84 | -$0.49 | -$3.14 | -$4.86 | -$3.71 | -$6.45 | -$34.95 | -$0.81 | -$34.95 | -$1.34 | $2.82 | $3.03 | $1.70 | $2.05 | $5.02 |
| Shares Outstanding | 51.5M | 52.3M | 50.6M | 41.3M | 40.7M | 39.9M | 37.0M | 22.1M | 47.1M | 48.7M | 49.7M | 49.7M | 51.4M | 51.5M | 51.7M |
| Gross Margin | - | - | - | - | - | -7.5% | 1.4% | 6.6% | - | -35.4% | 7.1% | 19.1% | 20.7% | 20.2% | 15.7% |
| Operating Margin | 20.9% | 23.1% | 18.0% | 4.1% | -25.6% | -47.0% | -17.8% | -117.5% | - | -39.4% | -7.1% | -2.5% | 14.0% | 16.6% | 10.6% |
| Profit Margin | 24.7% | 13.4% | 9.6% | -3.4% | -34.8% | -49.4% | -29.1% | -187.5% | - | -53.1% | -16.4% | -4.4% | 9.8% | 12.1% | 8.2% |