WTI W & T OFFSHORE INC revenue, earnings and financials

For the quarter ended June 30, 2026, W & T OFFSHORE INC reported revenue of $163M (up 32.9% from a year earlier), net income of $12.6M and diluted EPS of $0.08; over the last four quarters revenue was $562M and net income −$109M; for the fiscal year ended December 2025 revenue was $501M, down 4.5% on the year before.

WTI annual revenue and earnings

• Fiscal year ended Dec 2025: revenue $501M, gross profit n/a, operating income −$52.8M, net income −$150M (margin -29.9%), EPS −$1.01
• Fiscal year ended Dec 2024: revenue $525M, gross profit n/a, operating income −$42.2M, net income −$87.1M (margin -16.6%), EPS −$0.59
• Fiscal year ended Dec 2023: revenue $533M, gross profit n/a, operating income $29.5M, net income $15.6M (margin 2.9%), EPS $0.11
• Fiscal year ended Dec 2022: revenue $921M, gross profit n/a, operating income $454M, net income $231M (margin 25.1%), EPS $1.59
• Fiscal year ended Dec 2021: revenue $558M, gross profit n/a, operating income $190M, net income −$41.5M (margin -7.4%), EPS −$0.29

WTI quarterly revenue and earnings

• Quarter ended Jun 30, 2026: revenue $163M (up 32.9% year over year), net income $12.6M, EPS $0.08
• Quarter ended Mar 31, 2026: revenue $150M (up 15.5% year over year), net income −$22.5M, EPS −$0.15
• Quarter ended Dec 31, 2025 (from the annual report): revenue $122M (up 1.1% year over year), net income −$27.1M, EPS −$0.18
• Quarter ended Sep 30, 2025: revenue $128M (up 5.1% year over year), net income −$71.5M, EPS −$0.48
• Quarter ended Jun 30, 2025: revenue $122M (down 14.3% year over year), net income −$20.9M, EPS −$0.14
• Quarter ended Mar 31, 2025: revenue $130M (down 7.8% year over year), net income −$30.6M, EPS −$0.21
• Quarter ended Dec 31, 2024 (from the annual report): revenue $120M (down 9.1% year over year), net income −$23.4M, EPS −$0.16
• Quarter ended Sep 30, 2024: revenue $121M (down 14.8% year over year), net income −$36.9M, EPS −$0.25
• Quarter ended Jun 30, 2024: revenue $143M (up 13.1% year over year), net income −$15.4M, EPS −$0.10
• Quarter ended Mar 31, 2024: revenue $141M (up 6.9% year over year), net income −$11.5M, EPS −$0.08
• Quarter ended Dec 31, 2023 (from the annual report): revenue $132M (down 30.2% year over year), net income −$443K, EPS $0.01
• Quarter ended Sep 30, 2023: revenue $142M (down 46.6% year over year), net income $2.15M, EPS $0.01
• Quarter ended Jun 30, 2023: revenue $126M (down 53.9% year over year), net income −$12.1M, EPS −$0.08
• Quarter ended Mar 31, 2023: revenue $132M (down 31.0% year over year), net income $26.0M, EPS $0.17
• Quarter ended Dec 31, 2022 (from the annual report): revenue $190M (up 14.6% year over year), net income $43.4M, EPS $0.30
• Quarter ended Sep 30, 2022: revenue $266M (up 98.9% year over year), net income $66.7M, EPS $0.46
• Quarter ended Jun 30, 2022: revenue $274M (up 106.1% year over year), net income $123M, EPS $0.85
• Quarter ended Mar 31, 2022: revenue $191M (up 52.0% year over year), net income −$2.46M, EPS −$0.02
• Quarter ended Dec 31, 2021 (from the annual report): revenue $166M, net income $48.9M, EPS $0.35
• Quarter ended Sep 30, 2021: revenue $134M, net income −$38.0M, EPS −$0.27

WTI cash flow, buybacks and dividends

• Fiscal year ended Dec 2025: operating cash flow $77.2M, share buybacks n/a
• Fiscal year ended Dec 2024: operating cash flow $59.5M, share buybacks n/a
• Fiscal year ended Dec 2023: operating cash flow $115M, share buybacks n/a
• Fiscal year ended Dec 2022: operating cash flow $340M, share buybacks n/a
• Fiscal year ended Dec 2021: operating cash flow $134M, share buybacks n/a

WTI balance sheet

• Jun 30, 2026: cash $151M, total assets $960M, total liabilities n/a, shareholders' equity −$196M, long-term debt $343M
• Mar 31, 2026: cash $131M, total assets $959M, total liabilities n/a, shareholders' equity −$222M, long-term debt $343M
• Dec 31, 2025: cash $141M, total assets $956M, total liabilities n/a, shareholders' equity −$200M, long-term debt $342M
• Sep 30, 2025: cash $125M, total assets $961M, total liabilities n/a, shareholders' equity −$172M, long-term debt $342M
• Jun 30, 2025: cash $121M, total assets $1.02B, total liabilities n/a, shareholders' equity −$103M, long-term debt $350M
• Mar 31, 2025: cash $106M, total assets $1.02B, total liabilities n/a, shareholders' equity −$82.8M, long-term debt $349M
• Dec 31, 2024: cash $109M, total assets $1.10B, total liabilities n/a, shareholders' equity −$52.6M, long-term debt $366M
• Sep 30, 2024: cash $127M, total assets $1.13B, total liabilities n/a, shareholders' equity −$31.5M, long-term debt $372M

What is WTI's revenue?

W & T OFFSHORE INC reported $562M of revenue over its last four quarters, through June 30, 2026.

Is WTI profitable?

No. W & T OFFSHORE INC lost $109M over the last four quarters.

What is WTI's EPS?

Diluted earnings per share over the last four quarters were −$0.73; $0.08 in the latest quarter.

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