TIDEWATER INC

For the period ended Mar 31, 2026. Filed May 4, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 4, 2026

TDW$71.06+1.4%Stored close · as of Nov 9, 2026

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Contents

CONDENSED CONSOLIDATED BALANCE SHEETS

(In Thousands, except share and par value data)

	March 31, 2026	December 31, 2025
ASSETS
Current assets:
Cash and cash equivalents	$552,280	$578,761
Trade and other receivables, net of allowance for credit losses of $2,949 and $3,034 at March 31, 2026 and December 31, 2025, respectively	299,735	285,372
Marine operating supplies	29,404	38,482
Prepaid expenses and other current assets	18,195	11,520
Total current assets	899,614	914,135
Net properties and equipment	1,069,081	1,072,020
Deferred drydocking and survey costs	147,871	139,736
Indemnification assets	8,273	9,455
Deferred tax assets	190,614	200,939
Other assets	25,217	50,626
Total assets	$2,340,670	$2,386,911
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$58,238	$66,347
Accrued expenses	139,525	153,169
Current portion of long-term debt	5,760	5,845
Other current liabilities	66,402	89,876
Total current liabilities	269,925	315,237
Long-term debt	648,616	649,048
Other liabilities	58,140	61,372
Commitments and contingencies
Equity:
Common stock of $0.001 par value, 125,000,000 shares authorized, 49,728,717 and 49,566,334 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively	50	50
Additional paid-in capital	1,660,121	1,663,247
Accumulated deficit	(299,017)	(305,157)
Accumulated other comprehensive income	7,133	7,248
Total stockholders’ equity	1,368,287	1,365,388
Noncontrolling interests	(4,298)	(4,134)
Total equity	1,363,989	1,361,254
Total liabilities and equity	$2,340,670	$2,386,911

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.