W&T Offshore Inc income statement

In fiscal 2025, W&T Offshore Inc reported revenue of $501m, down 4.5% on the year before, operating income of −$52.8m (a -10.5% margin) and net income of −$150m, or −$1.01 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

W&T Offshore Inc: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	611	706	971	874	984	949	507	400	487	581	535	347	558	921	533	525	501	601
General and administrative	43	53	74	82	82	87	73	60	60	60	55	42	52	74	76	82	80	105
Operating income	−220	167	329	169	147	62	−1,146	−331	110	247	119	1	190	454	29	−42	−53	30
Interest expense	47	43	52	63	—	—	—	—	46	49	60	61	70	69	45	—	—	—
Income before tax	−262	130	264	120	80	−16	−1,248	−292	67	249	−1	8	−50	285	34	−97	−99	−47
Income tax	−74	12	92	48	29	−4	−203	−43	−13	1	−75	−30	−8	54	18	−10	51	4
Net income	−188	118	173	72	51	−12	−1,045	−249	80	249	74	38	−41	231	16	−87	−150	−51
Diluted EPS	−$2.51	$1.58	$2.29	$0.95	$0.68	−$0.16	−$13.76	−$2.60	$0.56	$1.72	$0.52	$0.26	−$0.29	$1.59	$0.11	−$0.59	−$1.01	−$0.33
Diluted shares (average)	—	74m	74m	74m	75m	76m	76m	96m	138m	139m	144m	143m	142m	145m	148m	147m	148m	152m
EBITDA	88	435	628	505	577	553	−772	−137	248	378	248	99	280	561	144	101	64	140

US$ millions unless shown otherwise. Fiscal quarters.

W&T Offshore Inc: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	120	130	122	128	122	150	163	167
General and administrative	21	20	18	22	21	25	28	32
Operating income	−17	−8	−13	−13	−19	15	23	12
Income before tax	−25	−35	−23	−15	−25	−20	11	−13
Income tax	−2	−5	−2	56	2	3	−1	0
Net income	−23	−31	−21	−71	−27	−23	13	−14
Diluted EPS	−$0.16	−$0.21	−$0.14	−$0.48	−$0.18	−$0.15	$0.08	−$0.09
EBITDA	21	25	14	16	9	42	48	40

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from W&T Offshore Inc's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to W&T Offshore Inc.