# Tidewater (TDW) — Earnings

TDW · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/tdw/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.43 |
| EPS estimate | $0.46 |
| EPS surprise | −5.74% |
| Revenue surprise | +3.73% |
| Revenue | $342.3M |
| Revenue estimate | $330.0M |
| Reported | Aug 3, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/98222/000143774926025450/tdw20260630_10q.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/752171bc-7e08-61c1-6b6a-47748a41d799.html) |

Tidewater reported Q2 2026 results on August 3, 2026. Earnings per share were $0.43, 5.74% below the $0.46 estimate. Revenue was $342.3 million, ahead of the $330.0 million consensus by 3.73%. Compared with Q2 2025, revenue was nearly flat, up 0.3% from $341.4 million, while EPS fell about 71% from $1.46.

Quarterly revenue rose from $92.4 million in Q3 2021 to above $300 million from Q3 2023 on, and has held between $299 million and $345 million since. Annual EPS moved from a loss of $0.29 per share in 2022 to profits of $2.00 in 2023, $3.40 in 2024 and $6.68 in 2025. The 2025 total includes the table's highest quarter, $4.41 in Q4 2025, and a small loss of $0.02 in Q3 2025. Results have been uneven since: the first half of 2026 adds up to $0.55, against $2.29 a year earlier. Over the last 20 quarters, Tidewater beat the EPS estimate 10 times and missed 10 times.

Tidewater reported Q3 between November 3 and November 10 in each of the past five years. That points to early November 2026 for the next report, which will show whether revenue stays near $340 million.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 3, 2026 | $0.46 | $0.43 | -5.74% | $330.0M | $342.3M |
| Q1 2026 | May 4, 2026 | $0.68 | $0.12 | -82.34% | $322.8M | $326.2M |
| Q4 2025 | Mar 2, 2026 | $0.77 | $4.41 | 471.91% | $331.2M | $336.8M |
| Q3 2025 | Nov 10, 2025 | $0.52 | −$0.02 | -103.87% | $332.7M | $341.1M |
| Q2 2025 | Aug 4, 2025 | $0.52 | $1.46 | 178.84% | $321.7M | $341.4M |
| Q1 2025 | May 5, 2025 | $0.61 | $0.83 | 36.67% | $324.1M | $333.4M |
| Q4 2024 | Feb 27, 2025 | $0.93 | $0.70 | -24.80% | $340.6M | $345.1M |
| Q3 2024 | Nov 7, 2024 | $1.07 | $0.87 | -18.40% | $344.6M | $340.4M |
| Q2 2024 | Aug 6, 2024 | $0.90 | $0.94 | 4.90% | $331.9M | $339.2M |
| Q1 2024 | May 2, 2024 | $0.63 | $0.89 | 41.20% | $312.0M | $321.2M |
| Q4 2023 | Feb 29, 2024 | $0.73 | $0.70 | -3.67% | $309.5M | $302.7M |
| Q3 2023 | Nov 6, 2023 | $1.25 | $0.60 | -51.74% | $291.9M | $299.3M |
| Q2 2023 | Aug 7, 2023 | $0.67 | $0.46 | -31.67% | $218.8M | $215.0M |
| Q1 2023 | May 8, 2023 | $0.24 | $0.24 | 0.81% | $170.3M | $193.1M |
| Q4 2022 | Feb 28, 2023 | $0.24 | $0.30 | 27.66% | $193.0M | $186.7M |
| Q3 2022 | Nov 3, 2022 | −$0.17 | −$0.21 | -23.53% | $174.3M | $191.8M |
| Q2 2022 | Aug 4, 2022 | −$0.25 | −$0.10 | 60.00% | $102.5M | $163.4M |
| Q1 2022 | May 9, 2022 | −$0.60 | −$0.28 | 53.33% | $96.8M | $105.7M |
| Q4 2021 | Mar 9, 2022 | −$0.62 | −$0.28 | 54.47% | $94.9M | $105.2M |
| Q3 2021 | Nov 9, 2021 | −$0.56 | −$0.58 | -4.50% | $92.9M | $92.4M |

## Frequently Asked Questions

### When did Tidewater (TDW) last report earnings?

Tidewater last reported on Aug 3, 2026, covering fiscal Q2 2026.

### Did TDW beat earnings estimates?

No. Tidewater reported EPS of $0.43 for Q2 2026 against a $0.46 estimate — a 5.74% miss.

### How much revenue did TDW report last quarter?

Tidewater reported $342.3M in revenue for Q2 2026, against a consensus estimate of $330.0M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).