Tidewater Inc., along with its subsidiaries, provides essential marine support and transportation services globally for the offshore energy industry, leveraging its diverse ...
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Est. EPS $0.74 · Revenue $361.46M · 3 analysts
Est. EPS $1.60 · Revenue $419.12M · 3 analysts
Est. EPS $2.87 · Revenue $1.44B · 4 analysts
Est. EPS $1.35 · Revenue $406.29M · 1 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $1.4B | +0.5% | +4.9% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $334.7M | +85.2% | +252.8% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +30.8% | +1.9% | +0.2% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +21.4% | -7.3% | +1.0% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +24.7% | +84.3% | +236.2% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $353.3M | +43.5% | +1245.4% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +26.1% | +42.7% | +1182.3% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 49.7% | -13.0% | -2.0% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 2.90x | +37.6% | +7.4% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $2.4B | +15.0% | +1.1% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 6.64 vs 3.17 | +109.5% | 0.43 vs 0.74 | -42.1% |
| Revenue Surprise | $1.4B vs $1.3B | +0.6% | $342.3M vs $361.5M | -5.3% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Sep 2, 2026 | Traub Kenneth | director | Common Stock, $0.001 par value | D | 10,000 | $99.00 |
| Sep 2, 2026 | Hudson Daniel A. | officer: EVP, CLO & Corporate Secretary | Common Stock, $0.001 par value | D | 15,000 | $99.08 |
| Aug 20, 2026 | Hudson Daniel A. | officer: EVP, CLO & Corporate Secretary | Common Stock, $0.001 par value | D | 200 | — |
| Aug 12, 2026 | Rubio Samuel R | officer: EVP, CFO & CAO | Common Stock, par value $0.001 | D | 17,705 | $91.56 |
| Aug 10, 2026 | Hudson Daniel A. | officer: EVP, CLO & Corporate Secretary | Common Stock, $0.001 par value | D | 5,000 | $89.01 |
Operator: Good morning, and welcome, everyone, to the Tidewater Second Quarter 2026 Conference Call. My name is Dara, and I will be your conference moderator for today. [Operator Instructions] I will now hand the conference over to West Gotcher, Senior Vice President of Strategy, Corporate Development and Investor Relations. Please go ahead. West Gotcher: Thank you, Dara. Good morning, everyone, and welcome to Tidewater's Second Quarter 2026 Earnings Conference Call. I'm joined on the call this morning by our President and CEO, Quintin Kneen; our Chief Financial Officer, Sam Rubio; and our Chief Operating Officer, Piers Middleton. During today's call, we'll make certain statements that are forward-looking and referring to our plans and expectations. There are risks, uncertainties and other factors that may cause the company's actual performance to be materially different from that stated or implied by any comments that we're making during today's conference call. Please refer to our most recent Form 10-K and Form 10-Q for additional details on these factors. These documents are available on our website at tdw.com or through the SEC at sec.gov. Information presented on this call speaks only as of today, August 4, 2026. Therefore, you're advised that any time-sensitive information may no longer be accurate at the time of any replay. Also during the call, we'll present both GAAP and non-GAAP financial measures. A reconciliation of GAAP to non-GAAP financial measures can be found in our earnings release located on our website at tdw.com. And now with that, I'll turn the call over to Quintin. Quintin Kneen: Thank you, West. Good morning, everyone, and welcome to Tidewater's Second Quarter 2026 Earnings Conference Call. I'll begin today with the quarter's highlights, provide an update on the Wilsons' transaction, discuss our current views on capital allocation and share our outlook for the business. West will then walk through our financial outlook and current guidance considerations. Piers will cover the global market and operations, and Sam will review the consolidated financial results. Collectively, we will also update you on the impacts of Operation Epic Fury. We are pleased to report that second quarter revenue and gross margin exceeded our expectations. Revenue was $342.3 million, supported by both higher day rates and stronger utilization. Gross margin was just under 47%, nearly 3 percentage points above our prior expectations. Excluding $6.8 million of expenses related to Operation Epic Fury, gross margin would have been approximately 49%. Day rate momentum was particularly strong in the European and Mediterranean segment. Utilization benefited primarily from the timing of dry docks on seven vessels shifting from the second quarter to later in the year. Operational uptime was also better than expected, which further supported utilization. But most noteworthy, our weighted average leading edge day rate increased approximately 7.5% …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Quintin V. Kneen | President, Chief Executive Officer & Director | USD 1,839,750 | Male | 1966 | Active |
Piers Dayer Middleton | Executive Vice President & Chief Operating Officer | USD 938,013 | Male | 1973 | Active |
Samuel R. Rubio | Executive Vice President & Chief Financial Officer | USD 937,825 | Male | 1960 | Active |
Daniel A. Hudson | Executive VP, Chief Legal Officer & Corporate Secretary | USD 915,310 | Male | 1972 | Active |
Lisa Ortega | Senior Vice President of Human Resources | — | Female | — | Active |
Darren J. Vorst | Vice President & Treasurer | — | Male | 1965 | Active |
Geoff Youngs | Vice President & Controller | — | Male | — | Active |
Lee R. Johnson | Executive Vice President & Chief Information Officer | — | Male | — | Active |
West Gotcher | Senior Vice President of Strategy, Corporate Development & IR | — | Male | — | Active |
Tidewater (TDW) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $1.23 per share a year ago.
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and six months ended June 30, 2026 of $342.3 million and $668.5 million, respectively, compared with $341.4 million and $674.9 million for the three and six months ended June 30, 2025. Tidewater's net income for the three and six months ended June 30, 2026, was $21.7 million ($0.43 per common share) and $27.8 million ($0.56 per common share), respectively, compared with net income of $72.9 million ($1.46 p.
First Trust Advisors LP boosted its holdings in shares of Tidewater Inc. (NYSE: TDW) by 16.1% during the undefined quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 80,118 shares of the oil and gas company's stock after acquiring an additional 11,127 shares during the
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today that it will release financial results for the three months ending June 30, 2026, on Monday, August 3, 2026 after market close. An earnings conference call has been scheduled for Tuesday, August 4, 2026, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending June 30, 2026.Investors and interested parties may list.
Bank of New York Mellon Corp boosted its stake in Tidewater Inc. (NYSE: TDW) by 6.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 323,869 shares of the oil and gas company's stock after purchasing an additional 20,472
