• Tidewater posted net income of USD 21.08 million for the quarter ended June 30, 2026, swinging from USD 5.98 million in the prior quarter.
• Revenue rose 5% to USD 342.29 million, with utilization up 1.5 percentage points to 79.2%.
• Operating income climbed 6% to USD 62.53 million, while average vessel day rates increased 2.9% to USD 22,938.
• Cash and cash equivalents totaled USD 616.1 million at June 30, 2026, with USD 250 million of revolving credit capacity undrawn.
• It expects to close the Wilson Companies acquisition around Sept. 1, 2026, paying USD 500 million subject to adjustments and assuming about USD 231 million of debt.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tidewater Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-025450), on August 03, 2026, and is solely responsible for the information contained therein.