Tidewater Inc. (TDW) reported third-quarter 2026 revenue of $360.4 million, up 5.7% from a year earlier, while gross profit rose 3.1% to $168.8 million. Revenue came in slightly below the analyst estimate of $366.5 million.
Operating profit declined to $50.3 million, and diluted earnings per share were $0.35. Net income attributable to common shareholders was $17.5 million.
Cash generation remained a bright spot, with cash from operating activities increasing 37.4% to $75.2 million. The company spent $9.4 million on property, plant and equipment during the quarter.
On the balance sheet, cash and cash equivalents stood at $390.8 million, while total liabilities increased to $1.27 billion. Cost of sales climbed 8.0% to $191.6 million.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Tidewater Inc. Insider Trading Activity
Tidewater Inc. insiders have traded $TDW stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $TDW stock by insiders over the last 6 months:
- DANIEL A. HUDSON (EVP, CLO & Corporate Secretary) has made 0 purchases and 2 sales selling 20,000 shares for an estimated $1,931,250.
- SAMUEL R RUBIO (EVP, CFO & CAO) sold 17,705 shares for an estimated $1,621,069
- KENNETH TRAUB sold 10,000 shares for an estimated $990,000
- ROBERT ROBOTTI has made 0 purchases and 2 sales selling 10,300 shares for an estimated $925,448.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Tidewater Inc. Hedge Fund Activity
We have seen 171 institutional investors add shares of Tidewater Inc. stock to their portfolio, and 181 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SOURCEROCK GROUP LLC added 981,471 shares (+231.7%) to their portfolio in Q2 2026, for an estimated $65,395,412
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 546,128 shares (+inf%) to their portfolio in Q2 2026, for an estimated $36,388,508
- PRICE T ROWE ASSOCIATES INC /MD/ added 476,310 shares (+14.9%) to their portfolio in Q2 2026, for an estimated $31,736,535
- NEUBERGER BERMAN GROUP LLC removed 467,965 shares (-14.3%) from their portfolio in Q2 2026, for an estimated $31,180,507
- UBS GROUP AG removed 455,615 shares (-30.1%) from their portfolio in Q2 2026, for an estimated $30,357,627
- BLACKROCK, INC. added 307,421 shares (+4.2%) to their portfolio in Q2 2026, for an estimated $20,483,461
- ZURICH INSURANCE GROUP LTD/FI added 298,941 shares (+inf%) to their portfolio in Q2 2026, for an estimated $19,918,438
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
