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Net Income at other companies

TETRA Technologies logo
TETRA TechnologiesTTI
$10.24M-9.4%
Waste Connections logo
Waste ConnectionsWCN
$296.4M+2.1%
NGL Energy Partners logo
NGL Energy PartnersNGL
-$286.82M-2,048%
Ranger Energy Services logo
Ranger Energy ServicesRNGR
$6.9M-5.5%
WBI
WaterBridge InfrastructureWBI
$14.56M+104%
Antero Midstream Corporation logo
Antero Midstream CorporationAM
$113.52M-8.8%

Other financials

Income statement

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Revenue$395.8M+8.7%
Gross profit$76.8M+33.1%
Operating income$34.3M+123%
Net income$21.0M+97.6%
EPS (diluted)$0.17+70.0%

Balance sheet

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Cash & equivalents$33.4M-34.8%
Total debt$292.0M-6.4%
Total equity$1.0B+31.3%
Total assets$1.8B+15.6%

Cash flow

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Operating cash flow$86.7M+5.0%
CapEx$71.0M-10.6%
Free cash flow-$68.1M-27.4%

Valuation

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Market cap$2.87B+219%
Enterprise value$3.13B+170%
P/E88.7×+62.8×
P/S+1.4×

Profitability

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Gross margin16.1%+1.1pp
Operating margin3.5%-0.4pp
Net margin2.3%-0.1pp
FCF margin-7%-7.7pp

Returns & leverage

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Return on equity3.5%-0.9pp
Debt / equity0.3×-0.1×
Current ratio1.6×-0.4×

Where this comes from

Reported directly by Select Water Solutions in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The source filing: Select Water Solutions’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:30 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091156
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Income before income tax expense and equity in losses of unconsolidated entities29,49216,37541,64728,734
Income tax expense(6,360)(4,521)(8,793)(7,415)
Equity in losses of unconsolidated entities(570)(183)(860)(88)
Net income22,56211,67131,99421,231
Less: net income attributable to noncontrolling interests(1,527)(1,024)(2,353)(2,345)
Net income attributable to Select Water Solutions, Inc.$21,035$10,647$29,641$18,886
Net income per share attributable to common stockholders (Note 15):
Class A—Basic$0.17$0.10$0.25$0.19

Item 1. Financial Statements (Unaudited)

FAQ

What is Select Water Solutions's net income?
Select Water Solutions (WTTR) reported net income of $22.56M in Q2 2026.
How has Select Water Solutions's net income changed year-over-year?
Select Water Solutions's net income increased by 93.3% year-over-year, from $11.67M to $22.56M.
What is the long-term trend for Select Water Solutions's net income?
Over 3 years (2022 to 2025), Select Water Solutions's net income has grown at a -24.6% compound annual growth rate (CAGR), from $54.85M to $23.53M.
What does net income mean?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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