W&T Offshore financials
$3.49−2.51%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $162.6M | $150.0M | $121.7M | $127.5M | $122.4M | $129.9M | $120.3M | $121.4M | $142.8M | $140.8M | $132.3M | $142.4M |
| Gross profit | $162.6M | $150.0M | $121.7M | $127.5M | $122.4M | $129.9M | $120.3M | $121.4M | $142.8M | $140.8M | $132.3M | $142.4M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $22.6M | $14.6M | -$19.1M | -$12.6M | -$12.9M | -$8.2M | -$17.0M | -$19.0M | -$6.2M | -$4.0K | $1.8M | $17.3M |
| Net income | $12.6M | -$22.5M | -$27.1M | -$71.5M | -$20.9M | -$30.6M | -$23.4M | -$36.9M | -$15.4M | -$11.5M | -$443.0K | $2.1M |
| Net margin | 7.7% | −15.0% | −22.3% | −56.1% | −17.1% | −23.5% | −19.4% | −30.4% | −10.8% | −8.1% | −0.3% | 1.5% |
| Diluted EPS | $0.08 | $-0.15 | $-0.18 | $-0.48 | $-0.14 | $-0.21 | $-0.16 | $-0.25 | $-0.10 | $-0.08 | $0.00 | $0.01 |
| EBITDA | $57.0M | $50.4M | $17.7M | $24.0M | $22.3M | $33.0M | $29.4M | $23.1M | $47.2M | $41.9M | $42.8M | $53.9M |
| Operating cash flow | $33.3M | $2.6M | $25.9M | $26.5M | $28.0M | -$3.2M | -$4.3M | $14.8M | $37.4M | $11.6M | $35.7M | $30.0M |
| Free cash flow | $33.3M | $2.3M | -$22.7M | $26.5M | $27.6M | -$3.7M | -$41.7M | $14.7M | $30.6M | -$76.0M | $33.5M | -$40.2M |
| Diluted shares | 157.7M | 148.8M | 148.8M | 148.6M | 147.8M | 147.6M | 147.5M | 147.2M | 146.9M | 146.9M | 146.6M | 151.5M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $150.7M | $130.9M | $140.6M | $124.8M | $120.7M | $105.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $351.6M | $351.2M | $350.8M | $350.4M | $350.1M | $350.0M |
| Total assets | $959.5M | $959.2M | $955.8M | $960.6M | $1.02B | $1.02B |
| Total liabilities | $1.13B | $1.16B | $1.13B | $1.13B | $1.13B | $1.09B |
| Shareholders' equity | -$196.2M | -$221.8M | -$199.8M | -$172.5M | -$102.7M | -$82.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology