Financials in USD. Standardized financial statements.
A compact view of how W&T Offshore, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $501.46M | $525.26M | $532.66M | $921.00M | $558.01M | $346.63M | $534.90M | $580.71M | $487.10M | $399.99M |
| Revenue Growth? | -4.5% | -1.4% | -42.2% | +65.1% | +61.0% | -35.2% | -7.9% | +19.2% | +21.8% | 0.0% |
| Cost of Revenue? | $142.15M | $171.20M | $140.93M | $142.25M | $118.44M | $118.71M | $157.51M | $174.07M | $177.86M | $236.43M |
| Gross Profit? | $359.31M | $354.06M | $391.73M | $778.75M | $439.57M | $227.92M | $377.38M | $406.64M | $309.23M | $163.56M |
| Gross Margin? | +71.7% | +67.4% | +73.5% | +84.6% | +78.8% | +65.8% | +70.6% | +70.0% | +63.5% | +40.9% |
| Operating Expenses? | $412.12M | $396.25M | $362.24M | $324.67M | $249.91M | $227.12M | $258.85M | $213.41M | $203.48M | $212.14M |
| Operating Income? | -$52.80M | -$42.19M | $29.49M | $454.08M | $189.66M | $801,000 | $118.54M | $247.03M | $109.95M | -$330.57M |
| EBITDA? | $87.15M | $118.72M | $222.33M | $487.88M | $133.96M | $189.38M | $206.96M | $396.88M | $265.63M | $11.48M |
| Income Before Tax | -$99.14M | -$97.13M | $33.94M | $284.81M | -$49.53M | $7.64M | -$1.11M | $249.36M | $67.11M | -$292.40M |
| Income Tax Expense | $50.93M | -$9.98M | $18.34M | $53.66M | -$8.06M | -$30.15M | -$75.19M | $535,000 | -$12.57M | -$43.38M |
| Net Income? | -$150.06M | -$87.14M | $15.60M | $231.15M | -$41.48M | $37.79M | $74.09M | $248.83M | $79.68M | -$249.02M |
| EPS? | $-1.01 | $-0.59 | $0.11 | $1.61 | $-0.29 | $0.26 | $0.52 | $1.79 | $0.56 | $-2.60 |
| Diluted EPS? | $-1.01 | $-0.59 | $0.11 | $1.59 | $-0.29 | $0.26 | $0.52 | $1.79 | $0.56 | $-2.60 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality