Filing Flows › Tidewater (TDW) › Operating margin
Tidewater (TDW) operating margin by quarter
Tidewater's operating margin was 18.3% in Q2 2026 (second quarter 2026), +0.2 pts from Q1 2026. Over the last 6 quarters it ranged from 18.1% (Q1 2026) to 23.7% (Q2 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | 18.3% | +0.2 pts | -5.4 pts |
| Q1 2026 | 18.1% | -0.9 pts | -4.4 pts |
| Q4 2025 | 19.0% | -4.7 pts | -4.6 pts |
| Q2 2025 | 23.7% | +1.2 pts | — |
| Q1 2025 | 22.5% | -1.1 pts | — |
| Q4 2024 | 23.6% | — | — |
Q2 2026 at a glance
Tidewater, Q2 2026: revenue $342M (+0.3% year over year), operating margin 18.3%, net earnings $21.7M, operating cash flow $67.0M. The chart follows the revenue to costs, profit and cash.
Questions
What is Tidewater's operating margin?
Tidewater's operating margin was 18.3% in Q2 2026 (second quarter 2026), +0.2 pts from Q1 2026.
How has Tidewater's operating margin changed?
Over the last 6 quarters it ranged from 18.1% (Q1 2026) to 23.7% (Q2 2025).