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Tidewater (TDW) guidance and outlook

Tidewater (TDW) lowered its guidance on Nov 9, 2026: Revenue $1.4B for FY2026; Gross margin 47.5%–48.5% for FY2026; Revenue $1.7B–$1.8B for FY2027; Revenue $360M for Q3 2026.

Guidance and outlook

Met or beat 2 of 2 guided periods. Grey: the last range guided before the figures came out; dot: the reported figure.

Latest guidance

Metric	Period	Range	Change
Revenue	FY2026	$1.4B	lowered
Gross margin	FY2026	47.5%–48.5%	lowered
Revenue	FY2027	$1.7B–$1.8B	initiated
Revenue	Q3 2026	$360M	new
Revenue	FY2027	+51% to +53%	initiated

From the earnings release filed Nov 9, 2026 (8-K on EDGAR).

Tidewater's latest quarter

Tidewater, Q3 2026: revenue $360M (+6% year over year), operating margin 14.0%, net earnings $17.5M, operating cash flow $75.2M. The chart follows the revenue to costs, profit and cash.

Questions

Did Tidewater raise or lower its guidance?

Tidewater (TDW) lowered its guidance on Nov 9, 2026: Revenue $1.4B for FY2026; Gross margin 47.5%–48.5% for FY2026; Revenue $1.7B–$1.8B for FY2027; Revenue $360M for Q3 2026.

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Updated Nov 10, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.