TIDEWATER INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.4B | $1.3B | $1.0B | $647.7M | $371.0M |
| Operating income | $282.6M | $311.3M | $182.2M | $26.7M | -$95.0M |
| Interest expense | $66.1M | $73.2M | $48.7M | $17.4M | $15.6M |
| Pretax income | $220.2M | $229.5M | $138.9M | -$2.3M | -$123.8M |
| Income tax expense | -$113.2M | $50.2M | $43.3M | $19.9M | $5.9M |
| Net income | $334.7M | $180.7M | $97.2M | -$21.7M | -$129.0M |
| Balance Sheet | |||||
| Cash and equivalents | $578.8M | $324.9M | $274.4M | $164.2M | $149.0M |
| Current assets | $914.1M | $698.7M | $591.1M | $377.9M | $342.7M |
| Total assets | $2.4B | $2.1B | $2.1B | $1.3B | $1.1B |
| Current liabilities | $315.2M | $331.6M | $328.7M | $194.8M | $157.9M |
| Total debt | $670.1M | $647.9M | — | — | $175.0M |
| Stockholders' equity | $1.4B | $1.1B | $1.0B | $866.0M | $701.3M |
| Cash Flow Statement | |||||
| Cash from operations | $379.1M | $282.5M | $104.2M | $40.2M | $15.0M |
| Depreciation and amortization | $151.1M | $156.2M | $128.8M | $83.5M | $73.2M |
| Stock-based compensation | $14.5M | $13.7M | $10.8M | $7.4M | $5.6M |
| Capital expenditure | $25.8M | $27.6M | $31.6M | $16.6M | $9.0M |
| Free cash flow | $353.3M | $254.9M | $72.6M | $23.6M | $6.1M |
| Share repurchases | $90.1M | $90.7M | $35.0M | $0 | $0 |
| Impairments | — | $0 | $0 | $714,000 | $15.6M |
Shares outstanding 49.7M · Free float 84.3%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.