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Select Water Solutions WTTR Water Services — Goodwill

Other segment segments

Water Infrastructure
$47.05M+180%

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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:Goodwill.

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 itemWater / InfrastructureWater / ServicesTotal
Balance as of December 31, 2025$47,047$1,438$48,485
Additions
Balance as of June 30, 2026$47,047$1,438$48,485

Item 1. Financial Statements (Unaudited)

FAQ

What is Select Water Solutions's water services — goodwill?
Select Water Solutions (WTTR) reported water services — goodwill of $1.44M in Q2 2026.
How has Select Water Solutions's water services — goodwill changed year-over-year?
Select Water Solutions's water services — goodwill decreased by 0.0% year-over-year, from $1.44M to $1.44M.
What does water services — goodwill mean?
Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations allocated to the water services segment. It reflects the premium paid for intangible benefits such as market share, synergies, and established customer relationships. Changes in this balance often result from acquisitions or subsequent impairment testing.

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