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Operating Income at other companies

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$20.13M-12.4%
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$437.55M-4.8%
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NGL Energy PartnersNGL
$109.65M+29.5%
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Ranger Energy ServicesRNGR
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WBI
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$40.27M+135%
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Antero Midstream CorporationAM
$181.91M-2.4%

Other financials

Income statement

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Revenue$395.8M+8.7%
Gross profit$76.8M+33.1%
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:OperatingIncomeLoss.

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
Impairments and abandonments2391,4775,9472,625
Lease abandonment costs(129)(2)(197)722
Total operating expenses42,49742,32889,80982,557
Income from operations34,34415,42552,31230,966
Other income (expense)
Gain on sales of property and equipment and divestitures, net1646,5035697,868
Interest expense, net(5,021)(5,645)(10,928)(10,521)
Other592(306)421

Item 1. Financial Statements (Unaudited)

FAQ

What is Select Water Solutions's operating income?
Select Water Solutions (WTTR) reported operating income of $34.34M in Q2 2026.
How has Select Water Solutions's operating income changed year-over-year?
Select Water Solutions's operating income increased by 122.7% year-over-year, from $15.43M to $34.34M.
What is the long-term trend for Select Water Solutions's operating income?
Over 4 years (2021 to 2025), Select Water Solutions's operating income has grown at a -18.3% compound annual growth rate (CAGR), from -$65.54M to $29.19M.
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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