TDW · XBRL financial data

Tidewater financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (TDW's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	397	371	648	1,010	1,346	1,353
Gross profit	(30)	—	—	—	—	—
General and administrative	73	69	102	95	111	135
Operating income (loss)	(187)	(95)	27	182	311	283
Income tax expense (benefit)	(1)	6	20	43	50	(113)
Net income (loss)	(196)	(129)	(22)	97	181	335
Earnings per share, basic USD per share	(4.86)	(3.14)	(0.49)	1.88	3.44	6.69
Earnings per share, diluted USD per share	(4.86)	(3.14)	(0.49)	1.84	3.40	6.64
Weighted average shares, basic millions of shares	40	41	0	0	52	50
Weighted average shares, diluted millions of shares	40	41	0	0	53	50

Fiscal years (TDW's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	150	149	164	274	325	579
Prepaid and other current assets	12	9	21	15	14	12
Total current assets	389	343	378	591	699	914
Property and equipment, net	780	688	797	1,315	1,184	1,072
Right-of-use asset	—	—	—	7	11	7
Total assets	1,251	1,096	1,298	2,063	2,075	2,387
Accounts payable	17	21	39	45	71	66
Accrued liabilities	52	52	106	126	130	153
Current portion of long-term debt	28	0	0	103	65	6
Total current liabilities	183	158	195	329	332	315
Long-term debt	165	168	169	631	572	649
Lease liability, non-current	—	—	—	5	6	6
Accumulated deficit	(549)	(678)	(700)	(638)	(549)	(305)
Total stockholders' equity	822	701	866	1,039	1,114	1,365
Total liabilities and equity	1,251	1,096	1,298	2,063	2,075	2,387
Common shares outstanding (cover page) millions of shares	41	41	51	52	51	50

Fiscal years (TDW's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(196)	(129)	(22)	97	181	335
Stock-based compensation	5	6	7	11	14	14
Depreciation and amortization	73	73	84	129	156	151
Net cash from operating activities	4	15	40	105	274	379
Purchases of property and equipment	15	9	17	32	28	26
Net cash from investing activities	23	25	(24)	(610)	(0)	(7)
Proceeds from issuing common stock	0	0	188	0	0	—
Share repurchases	—	0	0	35	91	90
Proceeds from long-term debt	0	172	0	575	0	650
Net cash from financing activities	(100)	(41)	(3)	616	(223)	(136)
Net change in cash	(72)	(1)	14	110	51	253

SIC 4400 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4400 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Tidewater	614	342	67*	49.8M	Q2 FY26 10-QJun 30, 2026
International Seaways	159	467	268*	49.5M	Q2 FY26 10-QJun 30, 2026
Matson	119	969	138*	29.9M	Q2 FY26 10-QJun 30, 2026
Kirby	39	922	72*	52.8M	Q2 FY26 10-QJun 30, 2026
Norwegian Cruise Line Holdings	257	2,947	292*	459.3M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.