What are Select Water Solutions's profit margins?

Gross margin is 15.1% and operating margin is 2.3%, with a 1.6% net margin.

Where does Select Water Solutions's income statement data come from?

Every line is extracted from Select Water Solutions's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Select Water Solutions WTTR Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$1.4B-4.2%	$1.41B-3.1%	$1.41B-4.6%	$1.46B-2.5%	$1.46B-4.9%
Total cost of revenue	$1.19B-4.1%	$1.2B-2.2%	$1.21B-3.2%	$1.24B-2.6%	$1.24B-5.6%
Gross profit	$211.91M-4.8%	$202.4M-7.8%	$201.26M-12.4%	$220.16M-1.6%	$222.56M-0.9%
Gross margin	15.1%-0.1pp	14.4%-0.7pp	14.3%-1.3pp	15.1%+0.1pp	15.2%+0.6pp
Selling, general and administrative	$164.44M+7.2%	$161.32M+0.8%	$157.79M-5.3%	$153.38M-8.9%	$153.43M-6.3%
Impairment charges	$10.78M+361%	$6.22M+403%	$6.05M+429%	$3.77M+221%	$2.34M+57.5%
Other operating expenses	$180.68M+13.3%	$173.59M+5.2%	$169.46M-1.0%	$162.07M-6.2%	$159.53M-5.3%
Total operating expenses	$180.68M+13.3%	$173.59M+5.2%	$169.46M-1.0%	$162.07M-6.2%	$159.53M-5.3%
Operating income	$31.62M-49.8%	$29.19M-46.4%	$31.8M-45.7%	$58.09M+14.3%	$63.03M+12.2%
Operating margin	2.3%-2.1pp	2.1%-1.7pp	2.3%-1.7pp	4%+0.6pp	4.3%+0.7pp
Interest expense	$24.21M+129%	$23.18M+233%	$18.25M+244%	$14.19M+241%	$10.57M+153%
Other income (expense), net	——	——	-$2.11M-564%	$88K-83.3%	$38K-97.2%
Income from equity method investments	-$5.28M-2,848%	-$4.89M-1,290%	-$5.38M-7,783%	-$87K+93.9%	$192K+110%
Gain (loss) on disposal of assets	$9.51M+121%	$10.47M+222%	$11.39M+2,531%	$10.42M+992%	$4.3M+254%
Income before income taxes	——	——	$36.92M—	$53.57M—	$55.95M—
Income tax expense	-$2.07M-114%	-$1.61M-112%	$10.15M+120%	$15.57M+128%	$15.01M+125%
Net income	$21.94M-40.5%	$21.57M-33.2%	$21.57M-64.0%	$34.68M-40.7%	$36.9M-43.8%
Net margin	1.6%-1.0pp	1.5%-0.7pp	1.5%-2.5pp	2.4%-1.5pp	2.5%-1.8pp
Diluted earnings per share	$0.21-41.7%	$0.21-34.4%	$0.21-64.4%	$0.33-43.1%	$0.36-44.6%
Basic earnings per share	$0.21-43.2%	$0.21-36.4%	$0.21-65.0%	$0.34-41.4%	$0.37-43.1%
Cost Of Goods And Services Sold Depreciation Amortization Accretion Total	$181.56M+16.9%	$174.5M+13.6%	$163.61M+9.6%	$158.94M+9.6%	$155.33M+8.8%
Lease Abandonment Costs	-$7K—	$785K—	——	——	——
Expenses Related To Tax Receivable Agreements	——	$5M+497%	$3.96M-61.1%	$2.92M-85.1%	$1.88M-93.5%
Gain (Loss) on Disposition of Assets	$9.51M+121%	$10.47M+222%	$11.39M+2,531%	$10.42M+992%	$4.3M+254%
Impairment Of Long Lived Assets Held For Use	$10.78M+361%	$6.22M+403%	$6.05M+429%	$3.77M+221%	$2.34M+57.5%
Other income, net (Note 6)	——	——	-$2.11M-564%	$88K-83.3%	$38K-97.2%
Revenue From Contract With Customer Excluding Assessed Tax	$1.4B-4.2%	$1.41B-3.1%	$1.41B-4.6%	$1.46B-2.5%	$1.46B-4.9%
EBIT	$31.62M-49.8%	$29.19M-46.4%	$31.8M-45.7%	$58.09M+14.3%	$63.03M+12.2%
EBITDA	$37.14M-43.8%	$34.52M-40.4%	$36.69M-62.5%	$62.33M-49.9%	$66.1M-59.9%
EBITDA	$37.14M-43.8%	$34.52M-40.4%	$36.69M-62.5%	$62.33M-49.9%	$66.1M-59.9%
EBITDA margin	2.7%-1.9pp	2.5%-1.5pp	2.6%-4.0pp	4.3%-4.0pp	4.5%-6.2pp
EBIT	$31.62M-49.8%	$29.19M-46.4%	$31.8M-45.7%	$58.09M+14.3%	$63.03M+12.2%

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Questions, answered.

What are Select Water Solutions's profit margins?: Gross margin is 15.1% and operating margin is 2.3%, with a 1.6% net margin.
Where does Select Water Solutions's income statement data come from?: Every line is extracted from Select Water Solutions's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.