WaterBridge Infrastructure LLC (WBI)

WBI Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024
Period Ending	Sep 30, 2025	Dec 31, 2024
Operating Revenue	722.09	630.66
Other Revenue	11.21	15.05
Revenue	733.3	645.71
Cost of Revenue	309.68	267.61
Gross Profit	423.62	378.11
Selling, General & Admin	64.54	68.33
Other Operating Expenses	3.25	-0.27
Operating Expenses	304.44	289.44
Operating Income	119.18	88.67
Interest Expense	-184.09	-179.33
Other Non Operating Income (Expenses)	2.91	2.86
Pretax Income	-93.62	-87.8
Income Tax Expense	-0.21	0.32
Net Income	-91.25	-88.12
Net Income to Common	-91.25	-88.12
Gross Margin	57.77%	58.56%
Operating Margin	16.25%	13.73%
Profit Margin	-12.44%	-13.65%
EBITDA	355.92	310.04
EBITDA Margin	48.54%	48.02%
D&A For EBITDA	236.74	221.38
EBIT	119.18	88.67
EBIT Margin	16.25%	13.73%
Revenue as Reported	733.3	645.71

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q