Operates offshore service vessels for oil and gas exploration companies.
Jun 2026Revenue $1.35B/yrExpenses $1.10B/yr
Reached break-even Oct 2022
Figures by year
When did Tidewater become profitable?
Its revenue passed its expenses in Oct 2022. In the 12 months to Jun 2026, revenue was $1.35B and expenses $1.10B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $1.35B | $1.07B | $283M |
| Dec 2024 | $1.35B | $1.03B | $311M |
| Dec 2023 | $1.01B | $828M | $182M |
| Dec 2022 | $648M | $621M | $26.7M |
| Dec 2021 | $371M | $466M | −$95.0M |
| Dec 2020 | $397M | $584M | −$187M |
| Dec 2019 | $487M | $573M | −$86.6M |
| Dec 2018 | $407M | $514M | −$107M |
| Mar 2017 | $602M | $1.18B | −$578M |
| Mar 2016 | $979M | $1.05B | −$69.5M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.