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Select Water Solutions WTTR Water Services — Cost of Goods Sold

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$76.67M+37.2%
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$42.42M+17.1%

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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:CostOfGoodsAndServicesSold.

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
Total revenue395,807364,215761,765738,599
Costs of revenue
Water Infrastructure42,41936,21184,77169,704
Water Services152,654173,312302,108355,030
Chemical Technologies76,66855,885139,798120,613
Depreciation, amortization and accretion47,22541,05492,96779,729
Total costs of revenue318,966306,462619,644625,076
Gross profit76,84157,753142,121113,523

Item 1. Financial Statements (Unaudited)

FAQ

What is Select Water Solutions's water services — cost of goods sold?
Select Water Solutions (WTTR) reported water services — cost of goods sold of $152.65M in Q2 2026.
How has Select Water Solutions's water services — cost of goods sold changed year-over-year?
Select Water Solutions's water services — cost of goods sold decreased by 11.9% year-over-year, from $173.31M to $152.65M.
What is the long-term trend for Select Water Solutions's water services — cost of goods sold?
Over 4 years (2021 to 2025), Select Water Solutions's water services — cost of goods sold has grown at a 9.8% compound annual growth rate (CAGR), from $436.49M to $635.23M.
What does water services — cost of goods sold mean?
Captures the direct costs associated with providing water services, including labor, materials, and direct overhead required to deliver the segment's offerings. Monitoring this metric is essential for evaluating the direct profitability and operational efficiency of the service delivery model.

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