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Select Water Solutions WTTR Water Services — Cost of Goods Sold

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Other financials

Income statement

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Revenue$366.0M-2.3%
Gross profit$65.3M+17.1%
Operating income$18.0M+15.6%
Net income$8.6M+4.5%
EPS (diluted)$0.080.0%

Balance sheet

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Cash & equivalents$56.0M+101%
Total debt$285.2M-1.7%
Total equity$991.5M+25.0%
Total assets$1.7B+10.5%

Cash flow

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Operating cash flow$10.2M+302%
CapEx$78.4M+61.8%
Free cash flow-$68.1M-27.4%

Valuation

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Market cap$2.31B+71.4%
Enterprise value$2.54B+55.1%
P/E105.2×+68.7×
P/S1.7×+0.7×

Profitability

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Gross margin15.1%-0.1pp
Operating margin2.3%-2.1pp
Net margin1.6%-1.0pp
FCF margin-7%-7.7pp

Returns & leverage

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Return on equity2.5%-2.3pp
Debt / equity0.3×-0.1×
Current ratio1.9×+0.1×

Where this comes from

Reported directly by Select Water Solutions in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Select Water Solutions’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Select Water Solutions's water services — cost of goods sold?
Select Water Solutions (WTTR) reported water services — cost of goods sold of $149.45M in Q1 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 17.8% year-over-year, from $181.72M to $149.45M.
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.