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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:PaymentsForRepurchaseOfCommonStock.

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 itemSix months ended June 30, 2026Six months ended June 30, 2025
Dividends and distributions paid(18,328)(16,873)
Payments under tax receivable agreements(77)
Contributions from noncontrolling interests5002,875
Repurchase of common stock(8,239)(6,577)
Net cash provided by financing activities108,081161,168
Effect of exchange rate changes on cash(3)9
Net increase in cash and cash equivalents15,31231,208
Cash and cash equivalents, beginning of period18,08419,978

Item 1. Financial Statements (Unaudited)

FAQ

What is Select Water Solutions's share buybacks?
Select Water Solutions (WTTR) reported share buybacks of $621K in Q2 2026.
How has Select Water Solutions's share buybacks changed year-over-year?
Select Water Solutions's share buybacks increased by 117.1% year-over-year, from $286K to $621K.
What is the long-term trend for Select Water Solutions's share buybacks?
Over 3 years (2022 to 2025), Select Water Solutions's share buybacks has grown at a -28.8% compound annual growth rate (CAGR), from $20.21M to $7.29M.
What does share buybacks mean?
Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

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