Tidewater forecasts 2026 pro forma EBITDA about $596 million
TDW•Revenue, margin and G&A guidance
The forecast uses revenue guidance of USD 1.42 billion to USD 1.47 billion, with gross margin guidance of 49% to 50%.
Cash G&A is guided at USD 119 million, excluding USD 14 million of non-cash share-based compensation, transaction-related costs.
2026 pro forma EBITDA outlook
Tidewater flagged 2026E pro forma EBITDA of about USD 596 million, reflecting the midpoint of its Wilson Sons Ultratug Offshore acquisition assumptions.




