Select Water Solutions Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,407	1,452	1,585	1,387	764.62
Revenue Growth (YoY)	-3.08%	-8.41%	14.27%	81.45%	26.36%
Cost of Revenue	1,030	1,079	1,215	1,113	653.73
Gross Profit	376.9	373.01	370.48	274.26	110.89
Selling, General & Admin	161.32	159.98	155.55	118.94	83.08
Depreciation & Amortization Expenses	179.82	156.95	141.09	115.72	92.46
Other Operating Expenses	6.96	1.6	12.65	0.45	0.89
Total Operating Expenses	348.09	318.52	309.29	235.1	176.43
Operating Income	28.81	54.49	61.19	39.16	-65.54
Interest Expense	-23.18	-6.97	-4.39	-2.7	-1.71
Other Non-Operating Income (Expense)	4.2	1.85	-21.05	20.26	17.59
Total Non-Operating Income (Expense)	-18.98	-5.12	-25.44	17.56	15.88
Pretax Income	9.83	49.37	35.75	56.72	-49.66
Provision for Income Taxes	1.61	-13.57	60.2	-0.96	-0.15
Net Income	21.22	30.64	74.4	-0.91	-0.28
Net Income to Common	21.22	30.64	74.4	-0.91	-0.28
Net Income Growth	-30.74%	-58.81%	-	-	-
Shares Outstanding (Basic)	102	100	101	95	87
Shares Outstanding (Diluted)	104	102	103	96	87
Shares Change (YoY)	1.55%	-1.13%	7.69%	9.98%	2.49%
EPS (Basic)	0.21	0.31	0.73	0.51	-0.48
EPS (Diluted)	0.21	0.30	0.72	0.50	-0.48
EPS Growth	-30.00%	-58.33%	44.00%	-	-
Free Cash Flow	-79.89	61.73	149.49	-38.65	-56.24
Free Cash Flow Growth	-	-58.70%	-	-	-
Free Cash Flow Per Share	-0.77	0.60	1.45	-0.40	-0.64
Dividends Per Share	0.280	0.260	0.220	0.100	-
Dividend Growth	7.69%	18.18%	120.00%	-	-
Gross Margin	26.78%	25.69%	23.37%	19.77%	14.50%
Operating Margin	2.05%	3.75%	3.86%	2.82%	-8.57%
Profit Margin	-0.35%	-0.02%	-0.11%	-0.07%	-0.04%
FCF Margin	-5.68%	4.25%	9.43%	-2.79%	-7.36%
EBITDA	208.62	211.44	202.28	154.88	26.92
EBITDA Margin	14.82%	14.56%	12.76%	11.16%	3.52%
EBIT	28.81	54.49	61.19	39.16	-65.54
EBIT Margin	2.05%	3.75%	3.86%	2.82%	-8.57%
Effective Tax Rate	16.36%	-27.48%	168.39%	-1.69%	0.30%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q