Select Water Solutions financials
$19.34−4.16%
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 | $395.8M | $366.0M | $346.5M | $322.2M | $364.2M | $374.4M | $349.0M | $371.3M | $365.1M | $366.5M | $374.9M | $389.3M |
| Gross profit | $76.8M | $65.3M | $45.3M | $43.6M | $57.8M | $55.8M | $44.2M | $62.4M | $60.2M | $52.7M | $54.6M | $56.3M |
| Gross margin | 19.4% | 17.8% | 13.1% | 13.5% | 15.9% | 14.9% | 12.7% | 16.8% | 16.5% | 14.4% | 14.6% | 14.5% |
| Operating income | $34.3M | $18.0M | -$388.0K | -$1.8M | $15.4M | $15.5M | $2.6M | $24.5M | $20.4M | $7.0M | $6.7M | $16.8M |
| Net income | $21.0M | $8.6M | -$346.0K | $2.7M | $10.6M | $8.2M | -$1.6M | $15.8M | $12.9M | $3.6M | $27.6M | $14.3M |
| Net margin | 5.3% | 2.4% | −0.1% | 0.8% | 2.9% | 2.2% | −0.5% | 4.3% | 3.5% | 1.0% | 7.4% | 3.7% |
| Diluted EPS | $0.17 | $0.08 | $0.00 | $0.03 | $0.10 | $0.08 | $-0.02 | $0.15 | $0.13 | $0.04 | $0.27 | $0.14 |
| EBITDA | $83.0M | $70.5M | $53.3M | $45.4M | $59.9M | $56.3M | $44.8M | $64.1M | $58.6M | $45.2M | $44.3M | $51.9M |
| Operating cash flow | $86.7M | $10.2M | $65.5M | $71.7M | $82.6M | -$5.1M | $67.8M | $51.9M | $83.1M | $32.1M | $83.2M | $118.2M |
| Free cash flow | $15.7M | -$68.1M | -$6.0M | -$23.5M | $3.2M | -$53.5M | $12.7M | $16.7M | $34.0M | -$1.6M | $49.7M | $83.0M |
| Diluted shares | 125.4M | 112.5M | 104.7M | 104.2M | 102.9M | 103.3M | 102.9M | 102.6M | 101.9M | 101.4M | 101.5M | 102.3M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $33.4M | $56.0M | $18.1M | $17.8M | $51.2M | $27.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $260.2M | $247.2M | $316.9M | $301.8M | $271.5M | $246.4M |
| Total assets | $1.79B | $1.71B | $1.60B | $1.59B | $1.55B | $1.55B |
| Total liabilities | $650.2M | $587.2M | $668.5M | $656.5M | $623.4M | $628.3M |
| Shareholders' equity | $1.14B | $1.12B | $927.1M | $931.7M | $923.1M | $916.9M |
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