# Select Water Solutions, Inc.: financial statements, quarterly

WTTR · NYSE · CIK 1693256 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/wttr.md) · [Financials](/companies/wttr/financials.md) · [Filings](/companies/wttr/filings.md) · [Insiders](/companies/wttr/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/wttr/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [389](/filings/0001558370-24-014647.md) | [375 d](/filings/0001104659-26-017085.md) | [367](/filings/0001558370-25-006754.md) | [365](/filings/0001558370-25-010545.md) | [371](/filings/0001104659-25-107051.md) | [349 d](/filings/0001104659-26-017085.md) | [374](/filings/0001104659-26-056298.md) | [364](/filings/0001104659-26-091156.md) | [322](/filings/0001104659-25-107051.md) | [347 d](/filings/0001104659-26-017085.md) | [366](/filings/0001104659-26-056298.md) | [396](/filings/0001104659-26-091156.md) |
| Cost of revenue | $m | [333](/filings/0001558370-24-014647.md) | [320 d](/filings/0001104659-26-017085.md) | [314](/filings/0001558370-25-006754.md) | [305](/filings/0001558370-25-010545.md) | [309](/filings/0001104659-25-107051.md) | [305 d](/filings/0001104659-26-017085.md) | [319](/filings/0001104659-26-056298.md) | [306](/filings/0001104659-26-091156.md) | [279](/filings/0001104659-25-107051.md) | [301 d](/filings/0001104659-26-017085.md) | [301](/filings/0001104659-26-056298.md) | [319](/filings/0001104659-26-091156.md) |
| Gross profit | $m | [56.3](/filings/0001558370-24-014647.md) | [54.6 d](/filings/0001104659-26-017085.md) | [52.7](/filings/0001558370-25-006754.md) | [60.2](/filings/0001558370-25-010545.md) | [62.4](/filings/0001104659-25-107051.md) | [44.2 d](/filings/0001104659-26-017085.md) | [55.8](/filings/0001104659-26-056298.md) | [57.8](/filings/0001104659-26-091156.md) | [43.6](/filings/0001104659-25-107051.md) | [45.3 d](/filings/0001104659-26-017085.md) | [65.3](/filings/0001104659-26-056298.md) | [76.8](/filings/0001104659-26-091156.md) |
| Selling, general and administrative | $m | [39.0](/filings/0001558370-24-014647.md) | [46.4 d](/filings/0001104659-26-017085.md) | [44.0](/filings/0001558370-25-006754.md) | [39.0](/filings/0001558370-25-010545.md) | [37.3](/filings/0001104659-25-107051.md) | [39.7 d](/filings/0001104659-26-017085.md) | [37.4](/filings/0001104659-26-056298.md) | [38.9](/filings/0001104659-26-091156.md) | [41.7](/filings/0001104659-25-107051.md) | [43.3 d](/filings/0001104659-26-017085.md) | [40.6](/filings/0001104659-26-056298.md) | [41.2](/filings/0001104659-26-091156.md) |
| Operating income | $m | [16.8](/filings/0001558370-24-014647.md) | [6.7 d](/filings/0001104659-26-017085.md) | [7.0](/filings/0001558370-25-006754.md) | [20.4](/filings/0001558370-25-010545.md) | [24.5](/filings/0001104659-25-107051.md) | [2.6 d](/filings/0001104659-26-017085.md) | [15.5](/filings/0001104659-26-056298.md) | [15.4](/filings/0001104659-26-091156.md) | [(1.8)](/filings/0001104659-25-107051.md) | [(0.4) d](/filings/0001104659-26-017085.md) | [18.0](/filings/0001104659-26-056298.md) | [34.3](/filings/0001104659-26-091156.md) |
| Interest expense | $m | [0.8](/filings/0001558370-23-017246.md) | [0.1 d](/filings/0001558370-24-001437.md) | [1.3](/filings/0001558370-24-006399.md) | [2.0](/filings/0001558370-25-010545.md) | [1.9](/filings/0001104659-25-107051.md) | [1.8 d](/filings/0001104659-26-017085.md) | [4.9](/filings/0001104659-26-056298.md) | [5.6](/filings/0001104659-26-091156.md) | [6.0](/filings/0001104659-25-107051.md) | [6.7 d](/filings/0001104659-26-017085.md) | [5.9](/filings/0001104659-26-056298.md) | [5.0](/filings/0001104659-26-091156.md) |
| Income tax | $m | [0.5](/filings/0001558370-24-014647.md) | [(61.3) d](/filings/0001104659-26-017085.md) | [1.5](/filings/0001558370-25-006754.md) | [4.0](/filings/0001558370-25-010545.md) | [5.9](/filings/0001104659-25-107051.md) | [2.3 d](/filings/0001104659-26-017085.md) | [2.9](/filings/0001104659-26-056298.md) | [4.5](/filings/0001104659-26-091156.md) | [0.4](/filings/0001104659-25-107051.md) | [(9.5) d](/filings/0001104659-26-017085.md) | [2.4](/filings/0001104659-26-056298.md) | [6.4](/filings/0001104659-26-091156.md) |
| Net income | $m | [14.3](/filings/0001558370-24-014647.md) | [27.6 d](/filings/0001104659-26-017085.md) | [3.6](/filings/0001558370-25-006754.md) | [12.9](/filings/0001558370-25-010545.md) | [15.8](/filings/0001104659-25-107051.md) | [(1.6) d](/filings/0001104659-26-017085.md) | [8.2](/filings/0001104659-26-056298.md) | [10.6](/filings/0001104659-26-091156.md) | [2.7](/filings/0001104659-25-107051.md) | [(0.3) d](/filings/0001104659-26-017085.md) | [8.6](/filings/0001104659-26-056298.md) | [21.0](/filings/0001104659-26-091156.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfRevenue
- Gross profit: us-gaap:GrossProfit
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [25.0](/filings/0001558370-23-017246.md) | [57.1](/filings/0001558370-25-001154.md) | [12.8](/filings/0001558370-24-006399.md) | [16.4](/filings/0001558370-24-010486.md) | [10.9](/filings/0001558370-24-014647.md) | [20.0](/filings/0001104659-26-017085.md) | [27.9](/filings/0001558370-25-006754.md) | [51.2](/filings/0001558370-25-010545.md) | [17.8](/filings/0001104659-25-107051.md) | [18.1](/filings/0001104659-26-091156.md) | [56.0](/filings/0001104659-26-056298.md) | [33.4](/filings/0001104659-26-091156.md) |
| Current assets | $m | [470](/filings/0001558370-23-017246.md) | [454](/filings/0001558370-25-001154.md) | [412](/filings/0001558370-24-006399.md) | [384](/filings/0001558370-24-010486.md) | [397](/filings/0001558370-24-014647.md) | [385](/filings/0001104659-26-017085.md) | [458](/filings/0001558370-25-006754.md) | [439](/filings/0001558370-25-010545.md) | [380](/filings/0001104659-25-107051.md) | [354](/filings/0001104659-26-091156.md) | [444](/filings/0001104659-26-056298.md) | [436](/filings/0001104659-26-091156.md) |
| Total assets | $m | [1,182](/filings/0001558370-23-017246.md) | [1,218](/filings/0001558370-25-001154.md) | [1,291](/filings/0001558370-24-006399.md) | [1,323](/filings/0001558370-24-010486.md) | [1,347](/filings/0001558370-24-014647.md) | [1,366](/filings/0001104659-26-017085.md) | [1,545](/filings/0001558370-25-006754.md) | [1,546](/filings/0001558370-25-010545.md) | [1,588](/filings/0001104659-25-107051.md) | [1,596](/filings/0001104659-26-091156.md) | [1,707](/filings/0001104659-26-056298.md) | [1,788](/filings/0001104659-26-091156.md) |
| Current liabilities | $m | [221](/filings/0001558370-23-017246.md) | [212](/filings/0001558370-25-001154.md) | [212](/filings/0001558370-24-006399.md) | [213](/filings/0001558370-24-010486.md) | [223](/filings/0001558370-24-014647.md) | [233](/filings/0001104659-26-017085.md) | [250](/filings/0001558370-25-006754.md) | [219](/filings/0001558370-25-010545.md) | [231](/filings/0001104659-25-107051.md) | [226](/filings/0001104659-26-091156.md) | [232](/filings/0001104659-26-056298.md) | [276](/filings/0001104659-26-091156.md) |
| Total liabilities | $m | [303](/filings/0001558370-23-017246.md) | [326](/filings/0001558370-25-001154.md) | [403](/filings/0001558370-24-006399.md) | [421](/filings/0001558370-24-010486.md) | [427](/filings/0001558370-24-014647.md) | [451](/filings/0001104659-26-017085.md) | [628](/filings/0001558370-25-006754.md) | [623](/filings/0001558370-25-010545.md) | [656](/filings/0001104659-25-107051.md) | [669](/filings/0001104659-26-091156.md) | [587](/filings/0001104659-26-056298.md) | [650](/filings/0001104659-26-091156.md) |
| Long-term debt | $m | not reported | [0.0](/filings/0001558370-25-001154.md) | [75.0](/filings/0001558370-24-006399.md) | [90.0](/filings/0001558370-24-010486.md) | [80.0](/filings/0001558370-24-014647.md) | [85.0](/filings/0001104659-26-017085.md) | [246](/filings/0001558370-25-006754.md) | [271](/filings/0001558370-25-010545.md) | [285](/filings/0001104659-25-107051.md) | [285](/filings/0001104659-26-091156.md) | [200](/filings/0001104659-26-056298.md) | [196](/filings/0001104659-26-091156.md) |
| Current portion of debt | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | [15.6](/filings/0001104659-25-107051.md) | [31.3](/filings/0001104659-26-091156.md) | [46.9](/filings/0001104659-26-056298.md) | [63.2](/filings/0001104659-26-091156.md) |
| Shareholders' equity | $m | [759](/filings/0001558370-23-017246.md) | [772](/filings/0001558370-25-001154.md) | [770](/filings/0001558370-24-006399.md) | [782](/filings/0001558370-24-010486.md) | [796](/filings/0001558370-24-014647.md) | [794](/filings/0001104659-26-017085.md) | [793](/filings/0001558370-25-006754.md) | [799](/filings/0001558370-25-010545.md) | [808](/filings/0001104659-25-107051.md) | [806](/filings/0001104659-26-091156.md) | [991](/filings/0001104659-26-056298.md) | [1,049](/filings/0001104659-26-091156.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebt, us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [118 d](/filings/0001558370-24-014647.md) | [83.2 d](/filings/0001104659-26-017085.md) | [32.1](/filings/0001558370-25-006754.md) | [83.1 d](/filings/0001558370-25-010545.md) | [51.9 d](/filings/0001104659-25-107051.md) | [67.8 d](/filings/0001104659-26-017085.md) | [(5.1)](/filings/0001104659-26-056298.md) | [82.6 d](/filings/0001104659-26-091156.md) | [71.7 d](/filings/0001104659-25-107051.md) | [65.5 d](/filings/0001104659-26-017085.md) | [10.2](/filings/0001104659-26-056298.md) | [86.7 d](/filings/0001104659-26-091156.md) |
| Capital expenditure | $m | [44.2](/filings/0001558370-24-014647.md) | [33.5 d](/filings/0001104659-26-017085.md) | [33.8](/filings/0001558370-25-006754.md) | [49.0](/filings/0001558370-24-010486.md) | [37.4](/filings/0001558370-24-014647.md) | [55.1 d](/filings/0001104659-26-017085.md) | [48.4](/filings/0001104659-26-056298.md) | [79.4 d](/filings/0001104659-26-091156.md) | [95.2 d](/filings/0001104659-25-107051.md) | [71.5 d](/filings/0001104659-26-017085.md) | [78.4](/filings/0001104659-26-056298.md) | [71.0 d](/filings/0001104659-26-091156.md) |
| Dividends paid | $m | [5.8 d](/filings/0001558370-24-014647.md) | [7.0 d](/filings/0001104659-26-017085.md) | [7.5](/filings/0001558370-25-006754.md) | [7.0 d](/filings/0001558370-25-010545.md) | [7.0 d](/filings/0001104659-25-107051.md) | [8.2 d](/filings/0001104659-26-017085.md) | [8.6](/filings/0001104659-26-056298.md) | [8.3 d](/filings/0001104659-26-091156.md) | [8.4 d](/filings/0001104659-25-107051.md) | [8.4 d](/filings/0001104659-26-017085.md) | [8.8](/filings/0001104659-26-056298.md) | [9.6 d](/filings/0001104659-26-091156.md) |
| Share repurchases | $m | [0.3 d](/filings/0001558370-24-014647.md) | [11.9 d](/filings/0001104659-26-017085.md) | [7.0](/filings/0001558370-25-006754.md) | [0.2 d](/filings/0001558370-25-010545.md) | [0.2 d](/filings/0001104659-25-107051.md) | [0.6 d](/filings/0001104659-26-017085.md) | [6.3](/filings/0001104659-26-056298.md) | [0.3 d](/filings/0001104659-26-091156.md) | [0.3 d](/filings/0001104659-25-107051.md) | [0.4 d](/filings/0001104659-26-017085.md) | [7.6](/filings/0001104659-26-056298.md) | [0.6 d](/filings/0001104659-26-091156.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets, us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: us-gaap:PaymentsOfDividends
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:46 ET. No prices; not investment advice.