WTTR · XBRL financial data

Select Water Solutions financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (WTTR's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue from contracts with customers	389	375*	367	365	371	349*	374	364	322	347*	366	396
Cost of revenue	333	320*	314	305	309	305*	319	306	279	301*	301	319
Gross profit	56	55*	53	60	62	44*	56	58	44	45*	65	77
Selling, general and administrative	39	46*	44	39	37	40*	37	39	42	43*	41	41
Total operating expenses	40	48*	46	40	38	42*	40	42	45	46*	47	42
Other operating income (expense)	0*	(1)*	(0)	(1)*	0*	(0)*	(0)	(1)*	(1)*	(1)*	(1)	(1)*
Operating income (loss)	17	7*	7	20	25	3*	16	15	(2)	(0)*	18	34
Interest expense	1	0*	1	2	2	2*	5	6	6	7*	6	5
Other income (expense)	1	(0)*	(0)	0	(0)	(0)*	0	0	(2)	1*	(0)	0
Income tax expense (benefit)	0	(61)*	1	4	6	2*	3	5	0	(9)*	2	6
Net income (loss)	14	28*	4	13	16	(2)*	8	11	3	(0)*	9	21

Fiscal quarters (WTTR's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	25	57	13	16	11	20	28	51	18	18	56	33
Inventory	45	39	38	38	36	38	41	42	38	34	37	48
Prepaid and other current assets	44	36	38	35	51	45	51	37	47	38	33	35
Total current assets	470	454	412	384	397	385	458	439	380	354	444	436
Property and equipment, net	523	518	591	649	674	726	767	800	887	912	936	1,026
Right-of-use asset	40	40	43	42	40	37	34	31	28	29	32	29
Goodwill	5	5	31	37	30	18	18	18	45	48	48	48
Total assets	1,182	1,218	1,291	1,323	1,347	1,366	1,545	1,546	1,588	1,596	1,707	1,788
Accounts payable	55	43	54	37	41	39	—	—	—	50	—	—
Accrued liabilities	74	66	63	72	66	76	—	—	—	46	—	—
Current portion of long-term debt	—	—	—	—	—	—	—	—	16	31	47	63
Total current liabilities	221	212	212	213	223	233	250	219	231	226	232	276
Long-term debt	—	—	75	90	80	85	246	271	285	285	200	196
Lease liability, non-current	39	38	40	38	35	31	28	25	23	22	24	20
Total liabilities	303	326	403	421	427	451	628	623	656	669	587	650
Accumulated deficit	(264)	(237)	(233)	(220)	(205)	(206)	(198)	(187)	(185)	(185)	(176)	(155)
Total stockholders' equity	759	772	770	782	796	794	793	799	808	806	991	1,049
Total liabilities and equity	1,182	1,218	1,291	1,323	1,347	1,366	1,545	1,546	1,588	1,596	1,707	1,788

Fiscal quarters (WTTR's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	14	28*	4	13	16	(2)*	8	11	3	(0)*	9	21
Stock-based compensation	5*	5*	6	6*	6*	8*	3	3*	7*	6*	6	8*
Depreciation and amortization	35	36*	—	—	—	year only	—	—	—	year only	—	—
Net cash from operating activities	118*	83*	32	83*	52*	68*	(5)	83*	72*	65*	10	87*
Purchases of property and equipment	35*	33*	34	49*	35*	55*	48	79*	95*	71*	78	71*
Net cash from investing activities	(34)*	(32)*	(137)	(87)*	(40)*	(54)*	(133)	(75)*	(126)*	(71)*	(78)	(112)*
Proceeds from issuing common stock	—	—	—	—	—	year only	—	—	—	—	192	(0)*
Share repurchases	0*	12*	7	0*	0*	1*	6	0*	0*	0*	8	1*
Dividends paid	6*	7*	7	7*	7*	8*	9	8*	8*	8*	9	10*
Proceeds from long-term debt	—	—	—	—	—	—	250	0*	0*	0*	—	—
Net cash from financing activities	(70)*	(19)*	60	8*	(17)*	(4)*	145	16*	21*	6*	105	3*
Net change in cash	14*	32*	(44)	4*	(5)*	9*	8	23*	(33)*	0*	38	(23)*

SIC 1389 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 1389 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Select Water Solutions	33	396	87*	not reported	—	Q2 FY26 10-QJun 30, 2026
Expro	170	440	65*	111.8M	—	Q3 FY26 10-QSep 30, 2026
ProPetro Holding	729	355	46*	122.9M	—	Q3 FY26 10-QSep 30, 2026
SEADRILL	337	449	(18)*	62.5M	18.7 quarters	Q2 FY26 10-QJun 30, 2026
RPC	177	468	41*	221.6M	—	Q3 FY26 10-QSep 30, 2026
ProFrac Holding	19	498	23*	182.1M	—	Q2 FY26 10-QJun 30, 2026
Hornbeck Offshore Services	652	304	54*	147.4M	—	Q2 FY26 10-QJun 30, 2026
National Energy Services Reunited	175	521	174*	100.9M	—	Q2 FY26 10-QJun 30, 2026
HighPeak Energy	146	272	126*	126.5M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.