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Other financials

Income statement

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Revenue$217.8M+128%
Gross profit$58.1M+128%
Net income$5.1M-28.3%
EPS (diluted)$0.10

Balance sheet

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Cash & equivalents$47.6M
Total debt$1.6B
Total equity$759.9M
Total assets$3.9B

Cash flow

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Operating cash flow$64.9M+306%
CapEx$123.3M+45.9%
Free cash flow-$58.4M+14.8%

Valuation

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Market cap$1.54B+99.4%
Enterprise value$3.11B
P/E449.8×
P/S2.1×

Profitability

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Gross margin25.1%-4.8pp
Operating margin15.5%-2.5pp
Net margin0.5%-3.0pp
FCF margin-16.3%

Returns & leverage

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Return on equity0.9%
Debt / equity2.1×
Current ratio1.5×

Where this comes from

Reported directly by WaterBridge Infrastructure in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: WaterBridge Infrastructure’s 10-Q, filed August 6, 2026.

Filed
Aug 5, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-335651
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
General and administrative expense17,6827,58334,49314,175
Loss (gain) on disposal of assets, net882(66)11,691
Other operating expense, net1656581,1641,665
Operating income40,26817,17070,72432,885
Interest expense, net22,70810,16842,70024,225
Other expense (income), net794(133)682(265)
Income before income taxes16,7667,13527,3428,925
Income tax expense2,211103,26689

Item 1. Financial Statements (Unaudited)

FAQ

What is WaterBridge Infrastructure's operating income?
WaterBridge Infrastructure (WBI) reported operating income of $40.27M in Q2 2026.
How has WaterBridge Infrastructure's operating income changed year-over-year?
WaterBridge Infrastructure's operating income increased by 134.5% year-over-year, from $17.17M to $40.27M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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