Select Water Solutions financials
$19.34−4.16%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.41B | $1.45B | $1.59B | $1.39B | $764.6M | $605.1M | $1.29B | $1.53B | $692.5M |
| Gross profit | $202.4M | $219.5M | $231.7M | $160.8M | $20.9M | -$29.3M | $148.7M | $198.5M | $57.8M |
| Gross margin | 14.4% | 15.1% | 14.6% | 11.6% | 2.7% | −4.8% | 11.5% | 13.0% | 8.3% |
| Operating income | $28.8M | $54.5M | $61.2M | $39.2M | -$65.5M | -$394.8M | $23.1M | $63.7M | -$30.0M |
| Net income | $21.2M | $30.6M | $74.4M | $48.3M | -$42.2M | -$338.7M | $2.8M | $36.5M | -$16.8M |
| Net margin | 1.5% | 2.1% | 4.7% | 3.5% | −5.5% | −56.0% | 0.2% | 2.4% | −2.4% |
| Diluted EPS | $0.21 | $0.30 | $0.72 | $0.50 | $-0.48 | $-3.98 | $0.03 | $0.49 | $-0.68 |
| EBITDA | $214.8M | $212.7M | $214.9M | $155.3M | $27.8M | -$9.2M | $151.9M | $221.9M | $73.5M |
| Operating cash flow | $214.7M | $234.9M | $285.4M | $33.4M | -$16.2M | $105.8M | $203.9M | $232.4M | -$2.9M |
| Free cash flow | -$79.9M | $61.7M | $149.5M | -$38.5M | -$56.2M | $84.6M | $93.8M | $67.0M | -$101.6M |
| Diluted shares | 103.8M | 102.2M | 103.4M | 96.0M | 87.3M | 85.2M | 80.7M | 72.6M | 24.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $18.1M | $20.0M | $57.1M | $7.3M | $85.8M | $169.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $316.9M | $85.2M | $194.0K | $16.0M | $113.0K | $307.0K |
| Total assets | $1.60B | $1.37B | $1.22B | $1.22B | $950.2M | $875.4M |
| Total liabilities | $668.5M | $450.7M | $326.0M | $339.1M | $255.0M | $169.5M |
| Shareholders' equity | $927.1M | $915.5M | $892.2M | $883.7M | $695.2M | $705.9M |
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