FY2025 · ended Dec 31, 2025 · Revenue $1.35B, +0.5% YoY · Filed Mar 2, 2026
Tidewater Inc (TDW) files with the SEC under industry code 4400, Water Transportation. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.4 billion and net income of $334.7 million. Free cash flow was $353.3 million. As of Jun 30, 2026 it held $613.5 million in cash and investments and $653.2 million in total debt.
Revenue (TTM)
$1.35B
-1.0% vs year-ago TTM
Net income (TTM)
$246.88M
+24.1% vs year-ago TTM
Operating cash flow (TTM)
$311.26M
+2.7% vs year-ago TTM
Free cash flow (TTM)
$271.18M
-2.2% vs year-ago TTM
EPS (TTM)
$4.94
+29.1% vs year-ago TTM
Dividend per share
$1.00
+0.0% vs prior year
Shares outstanding
49.57M
-3.7% vs prior year
Net cash
$-39.66M
as of Jun 30, 2026
Operating margin
18.4%
FY 2026
Company profile
- Industry
- Water Transportation (SIC 4400)
- Listed as
- TDW (NYSE), TDDWW (OTC), TDGMW (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Houston, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 98222
Other Water Transportation companies
- Royal Caribbean Cruises Ltd RCL
- Carnival Corp Ltd. CCL
- Viking Holdings Ltd VIK
- Norwegian Cruise Line Holdings Ltd. NCLH
- Kirby Corp KEX
- Matson, Inc. MATX
- International Seaways, Inc. INSW
- Golar LNG Ltd GLNG
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.0B | $647.7M | $371.0M |
| Operating income | $282.6M | $311.3M | $182.2M | $26.7M | -$95.0M |
| Net income | $334.7M | $180.7M | $97.2M | -$21.7M | -$129.0M |
| Diluted EPS | $6.64 | $3.40 | $1.84 | -$0.49 | -$3.14 |
| Operating cash flow | $379.1M | $282.5M | $104.2M | $40.2M | $15.0M |
| Free cash flow | $353.3M | $254.9M | $72.6M | $23.6M | $6.1M |
| Total assets | $2.4B | $2.1B | $2.1B | $1.3B | $1.1B |
| Stockholders' equity | $1.4B | $1.1B | $1.0B | $866.0M | $701.3M |
| Cash and investments | $578.8M | $324.9M | $274.4M | $164.2M | $149.0M |
| Total debt | $701.4M | $658.7M | $734.4M | $169.0M | $167.9M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement, New debt
|
Oct 5, 2026 | Oct 1, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Sep 25, 2026 | Sep 21, 2026 |
| 8-K |
Current report
Material agreement, Acquisition or sale of assets, New debt, Regulation FD disclosure
|
Aug 31, 2026 | Aug 25, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 3, 2026 | Aug 3, 2026 |
| 10-Q | Quarterly report | Aug 3, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Other events
|
Jul 6, 2026 | Jun 30, 2026 |
All 1000 Tidewater Inc SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.