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SELECT WATER SOLUTIONS, INC.

CIK: 1693256 SIC: 1389
$1.41B
Revenue
$21.22M
Net Income
14.38%
Gross Margin
2.05%
Op. Margin
$-183.69M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 7 of 27 quarterly reports available
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
+ Total Revenue $346.50M $322.24M $364.21M $374.38M $349.05M $371.35M $365.13M
Revenue Growth % (YoY) -0.7% -13.2% -0.3% nan% nan% nan% nan%
Cost of Revenue $301.18M $278.69M $306.46M $318.61M $304.86M $308.90M $304.98M
+ Gross Profit $45.32M $43.55M $57.75M $55.77M $44.18M $62.45M $60.16M
Gross Margin % 13.1% 13.5% 15.9% 14.9% 12.7% 16.8% 16.5%
Operating Expenses $45.71M $45.33M $42.33M $40.23M $41.58M $37.93M $39.79M
Selling General & Admin $43.27M $41.67M $38.94M $37.43M $39.75M $37.27M $38.98M
+ Operating Income $-388.00K $-1.77M $15.43M $15.54M $2.60M $24.52M $20.36M
Operating Margin % -0.1% -0.5% 4.2% 4.2% 0.7% 6.6% 5.6%
Interest Expense $6.26M $12.48M $10.15M $4.72M $1.91M $5.22M $3.15M
Other Income/Expense $715.00K $-2.28M $92.00K $329.00K $-255.00K $-78.00K $42.00K
Income Before Tax $-16.39M $7.51M $16.38M $12.36M $325.00K $24.16M $18.76M
Income Tax Expense $-9.46M $434.00K $4.52M $2.89M $2.31M $5.85M $3.96M
+ Net Income $-346.00K $2.68M $10.65M $8.24M $-1.64M $15.79M $12.87M
Net Margin % -0.1% 0.8% 2.9% 2.2% -0.5% 4.3% 3.5%
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Cash & Cash Equivalents $18.08M $17.83M $51.19M $27.89M $19.98M $10.94M $16.42M
Inventory $34.28M $37.97M $41.68M $40.80M $38.45M $35.82M $37.50M
Other Current Assets $38.00M $47.47M $37.25M $50.84M $45.35M $51.13M $35.14M
Total Current Assets $354.39M $380.26M $439.43M $457.85M $385.50M $396.68M $384.27M
Property Plant & Equipment $912.18M $887.36M $800.41M $767.49M $725.65M $673.69M $648.96M
Goodwill $48.48M $45.13M $18.21M $18.21M $18.21M $30.26M $36.66M
Intangible Assets $106.20M - - - $123.72M - -
Other Non-current Assets $18.53M $19.17M $19.75M $21.45M $18.66M $29.50M $29.57M
Total Assets $1.60B $1.59B $1.55B $1.55B $1.37B $1.35B $1.32B
Accounts Payable $49.68M - - - $39.19M $41.44M $36.75M
Accrued Liabilities $46.27M - - - $76.20M $66.17M $72.49M
Total Current Liabilities $225.70M $231.31M $219.06M $249.88M $233.38M $222.60M $212.61M
Long-term Debt $320.00M $285.44M $270.84M $245.89M $85.00M $80.00M $90.00M
Other Non-current Liabilities $92.85M $78.05M $70.06M $66.13M $62.87M $52.11M $42.73M
Total Liabilities $668.54M $656.50M $623.37M $628.26M $450.75M $427.22M $420.99M
Retained Earnings $-184.92M $-184.58M $-187.26M $-197.91M $-206.15M $-204.51M $-220.30M
Total Stockholders Equity $805.62M $808.11M $799.28M $793.08M $793.52M $796.50M $782.01M
Total Liabilities & Equity $1.60B $1.59B $1.55B $1.55B $1.37B $1.35B $1.32B
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Net Income $-346.00K $2.68M $10.65M $8.24M $-1.64M $15.79M $16.49M
Depreciation & Amortization $1.17M $1.31M $2.84M $925.00K $737.00K $661.00K $748.00K
Stock-based Compensation $5.80M $14.08M $6.68M $3.48M $8.00M $18.36M $12.56M
Deferred Income Tax $-8.78M $608.00K $6.96M $2.49M $1.93M $5.65M $3.79M
Change in Receivables $-13.10M $-3.02M $28.81M $57.12M $-17.87M $-29.01M $-31.43M
Operating Cash Flow $65.45M $149.22M $77.53M $-5.06M $67.77M $167.12M $115.24M
Capital Expenditure $71.50M $223.06M $127.83M $48.43M $55.07M $118.08M $82.88M
Acquisitions $1.25M $52.34M $17.20M $13.98M $2.84M $158.44M $149.79M
Investing Cash Flow $-71.26M $-333.71M $-207.49M $-132.52M $-54.38M $-264.24M $-224.12M
Stock Repurchased $377.00K $6.91M $6.58M $6.29M $589.00K $7.32M $7.15M
Dividends Paid $8.40M $25.25M $16.87M $8.57M $8.21M $21.53M $14.52M
Financing Cash Flow $6.06M $182.33M $161.17M $145.50M $-4.34M $50.98M $68.21M
Net Change in Cash $256.00K $-2.15M $31.21M $7.91M $9.04M $-46.15M $-40.67M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $322.24M $371.35M $1.06B $1.10B
Cost of Revenue $278.69M $308.90M $903.76M $927.75M
Gross Profit $43.55M $62.45M $157.08M $175.28M
Operating Expenses $45.33M $37.93M $127.88M $123.40M
Selling General & Admin $41.67M $37.27M $118.04M $120.23M
Operating Income $-1.77M $24.52M $29.19M $51.88M
Interest Expense $5.96M $1.91M $12.48M $5.22M
Other Income/Expense $-2.28M $-78.00K $-1.86M $-318.00K
Income Before Tax $7.51M $24.16M $36.25M $48.69M
Income Tax Expense $434.00K $5.85M $7.85M $11.26M
Net Income $2.68M $15.79M $21.57M $32.28M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $17.83M $19.98M
Inventory $37.97M $38.45M
Other Current Assets $47.47M $45.35M
Total Current Assets $380.26M $385.50M
Property Plant & Equipment $887.36M $725.65M
Goodwill $45.13M $18.21M
Other Non-current Assets $19.17M $18.66M
Total Assets $1.59B $1.37B
Total Current Liabilities $231.31M $233.38M
Long-term Debt $285.44M $85.00M
Other Non-current Liabilities $78.05M $62.87M
Total Liabilities $656.50M $450.75M
Retained Earnings $-184.58M $-206.15M
Total Stockholders Equity $808.11M $793.52M
Total Liabilities & Equity $1.59B $1.37B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $2.68M $15.79M $21.57M $32.28M
Depreciation & Amortization $1.31M $661.00K $4.15M $2.67M
Stock-based Compensation - - $14.08M $18.36M
Deferred Income Tax $608.00K $5.65M $7.57M $10.57M
Change in Receivables - - $-3.02M $-29.01M
Operating Cash Flow - - $149.22M $167.12M
Capital Expenditure - - $223.06M $118.08M
Acquisitions - - $52.34M $158.44M
Investing Cash Flow - - $-333.71M $-264.24M
Stock Repurchased - - $6.91M $7.32M
Dividends Paid - - $25.25M $21.53M
Financing Cash Flow - - $182.33M $50.98M
Net Change in Cash - - $-2.15M $-46.15M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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