Revenue
$501.46M
Fiscal year ended 2025-12-31Operating income
-$52.80M
Fiscal year ended 2025-12-31Free cash flow
Unavailable
Fiscal year ended 2025-12-31W&T OFFSHORE INC (WTI) reported revenue of $501.46M and net income of -$150.06M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from W&T OFFSHORE INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Crude Petroleum & Natural Gas.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $501.46M | $525.26M | $532.66M | $921.00M | $558.01M | $346.63M | $534.90M | $580.71M | $487.10M | $399.99M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | -$52.80M | -$42.19M | $29.49M | $454.08M | $189.66M | $801.00K | $118.54M | $247.03M | $109.95M | -$330.57M |
| Net income | -$150.06M | -$87.14M | $15.60M | $231.15M | -$41.48M | $37.79M | $74.09M | $248.83M | $79.68M | -$249.02M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 148.21M | shares 147.13M | shares 148.30M | shares 145.09M | shares 142.27M | shares 143.28M | shares 143.72M | Unavailable | Unavailable | Unavailable |
| Pretax income | -$99.14M | -$97.13M | $33.94M | $284.81M | -$49.54M | $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 | $535.00K | -$12.57M | -$43.38M |
| Diluted EPS | $-1.01 | $-0.59 | $0.11 | $1.59 | $-0.29 | $0.26 | $0.52 | Unavailable | Unavailable | Unavailable |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $79.96M | $82.39M | $75.54M | $73.75M | $52.40M | $41.74M | $55.11M | $60.15M | $59.74M | $59.74M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $140.56M | $109.00M | $173.34M | $461.36M | $245.80M | $43.73M | $32.43M | $33.29M | $99.06M | $70.24M |
| Total assets | $955.81M | $1.10B | $1.11B | $1.43B | $1.19B | $940.58M | $1.00B | $848.87M | $907.58M | $829.73M |
| Current assets | $239.27M | $218.46M | $264.98M | $570.26M | $358.26M | $107.23M | $141.75M | $226.21M | $190.68M | $191.74M |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $234.28M | $246.08M | $216.85M | $792.33M | $324.38M | $115.00M | $189.96M | $186.29M | $168.26M | $203.03M |
| Total equity incl. NCI | -$199.75M | -$52.58M | $31.19M | $7.63M | -$247.18M | -$208.29M | -$249.36M | -$324.80M | -$573.51M | -$659.04M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $59.63M | $63.56M | $52.08M | $66.15M | $54.92M | $38.83M | $57.37M | $47.80M | $45.44M | $43.07M |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $342.36M | $365.94M | $361.24M | $111.19M | $687.94M | $625.29M | $719.53M | $633.54M | $969.13M | $1.01B |
| Accounts payable | $98.41M | $83.62M | $78.86M | $65.16M | $67.41M | $41.30M | $102.34M | $82.07M | $79.67M | $81.04M |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $77.24M | $59.54M | $115.33M | $339.53M | $133.67M | $108.51M | $232.23M | $321.76M | $159.41M | $14.18M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $16.78M | Unavailable | Unavailable |
| Investing cash flow | $21.86M | -$118.18M | -$81.61M | -$95.08M | -$27.44M | -$47.62M | -$313.81M | -$66.38M | -$107.11M | -$82.40M |
| Financing cash flow | -$69.04M | -$8.56M | -$321.74M | -$28.89M | $100.27M | -$49.60M | $80.73M | -$321.14M | -$23.48M | $53.04M |
| Net change in cash | $30.06M | -$67.20M | -$288.02M | $215.56M | $206.49M | $11.29M | -$860.00K | -$65.76M | $28.82M | -$15.18M |
| Stock-based compensation | $12.23M | $10.19M | $10.38M | $7.92M | $3.36M | $3.96M | $3.69M | $3.54M | $7.19M | $11.01M |
| Common dividends paid | $6.01M | $5.90M | $1.47M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $116.40M | $143.02M | $114.68M | $107.12M | $90.52M | $97.76M | $129.04M | $131.42M | $138.51M | $194.04M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | -10.5% | -8.0% | 5.5% | 49.3% | 34.0% | 0.2% | 22.2% | 42.5% | 22.6% | -82.6% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 2.4% | 1.9% | 1.9% | 0.9% | 0.6% | 1.1% | 0.7% | 0.6% | 1.5% | 2.8% |
| Current ratio | 1.02x | 0.89x | 1.22x | 0.72x | 1.10x | 0.93x | 0.75x | 1.21x | 1.13x | 0.94x |
| Revenue YoY growth | -4.5% | -1.4% | -42.2% | 65.1% | 61.0% | -35.2% | -7.9% | 19.2% | 21.8% | Unavailable |
| Net margin | -29.9% | -16.6% | 2.9% | 25.1% | -7.4% | 10.9% | 13.9% | 42.8% | 16.4% | -62.3% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | 54.0% | 18.8% | Unavailable | -394.8% | Unavailable | 0.2% | -18.7% | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open WTI in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-05View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-03-16View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-05View SEC filing
10-Q · Filed 2025-05-07View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.