Select Water Solutions Quarterly Income Statement
NYSE: WTTREnergyOilfield Services/EquipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Select Water Solutions revenue and earnings
In the quarter ended Jun 30, 2026, Select Water Solutions generated $395.8 million in revenue, up 8.7% from the same quarter a year earlier. Net income was $21.0 million (+97.6% year over year), for a net margin of 5.3% versus a median of 2.2% in the prior 5 quarters. Gross margin was 19.4% (up from 15.9%) and operating margin 8.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Select Water Solutions income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 395.81M | 365.96M | 346.50M | 322.24M | 364.21M | 374.38M | 349.05M | 371.35M | 365.13M | 366.55M | 374.86M | 389.27M |
| Revenue growth (YoY) | +8.67% | -2.25% | -0.73% | -13.22% | -0.25% | +2.14% | -6.89% | -4.60% | -9.76% | -12.01% | -1.79% | +3.79% |
| Cost of Revenue | 318.97M | 300.68M | 301.18M | 278.69M | 306.46M | 318.61M | 304.86M | 308.90M | 304.98M | 313.87M | 320.30M | 333.01M |
| Gross Profit | 76.84M | 65.28M | 45.32M | 43.55M | 57.75M | 55.77M | 44.18M | 62.45M | 60.16M | 52.68M | 54.56M | 56.27M |
| Operating Expenses | 42.50M | 47.31M | 45.71M | 45.33M | 42.33M | 40.23M | 41.58M | 37.93M | 39.79M | 45.67M | 47.85M | 39.52M |
| Selling, General & Admin | 41.18M | 40.55M | 43.27M | 41.67M | 38.94M | 37.43M | 39.75M | 37.27M | 38.98M | 43.98M | 46.40M | 38.98M |
| Operating Income | 34.34M | 17.97M | -388.00K | -1.77M | 15.43M | 15.54M | 2.60M | 24.52M | 20.36M | 7.00M | 6.71M | 16.75M |
| Interest Expense | 5.02M | 5.91M | 6.70M | 5.96M | 5.64M | 4.88M | 1.76M | 1.91M | 2.03M | 1.27M | 103.00K | 765.00K |
| Other Income (Expense) | 5.00K | -311.00K | 715.00K | -2.28M | 92.00K | 329.00K | -255.00K | -78.00K | 42.00K | -282.00K | -58.00K | 767.00K |
| Pretax Income | 29.49M | 12.15M | -11.49M | 7.51M | 16.38M | 12.36M | 677.00K | 24.16M | 18.76M | 5.78M | -33.54M | 16.77M |
| Income Tax | 6.36M | 2.43M | -9.46M | 434.00K | 4.52M | 2.89M | 2.31M | 5.85M | 3.96M | 1.45M | -61.26M | 483.00K |
| Net Income | 21.04M | 8.61M | -346.00K | 2.68M | 10.65M | 8.24M | -1.64M | 15.79M | 12.87M | 3.63M | 27.59M | 14.35M |
| Net Income growth (YoY) | +97.57% | +4.45% | — | -83.01% | -17.26% | +127.28% | -105.94% | +10.07% | -36.03% | -70.64% | +260.77% | -32.72% |
| EBITDA | 82.78M | 64.83M | 51.97M | 43.12M | 58.40M | 55.14M | 43.64M | 64.08M | 58.56M | 45.16M | -95.64M | 51.91M |
| Gross Margin | 19.41% | 17.84% | 13.08% | 13.52% | 15.86% | 14.90% | 12.66% | 16.82% | 16.48% | 14.37% | 14.55% | 14.45% |
| Operating Margin | 8.68% | 4.91% | -11.00% | -55.00% | 4.24% | 4.15% | 75.00% | 6.60% | 5.58% | 1.91% | 1.79% | 4.30% |
| Net Margin | 5.31% | 2.35% | -10.00% | 83.00% | 2.92% | 2.20% | -47.00% | 4.25% | 3.52% | 99.00% | 7.36% | 3.69% |
This table shows 12 quarterly periods of Select Water Solutions's income statement, from Q2 2026 back to Q3 2023, across 15 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow WTTR's reporting calendar. What is a income statement?