Select Water Solutions, Inc. (WTTR) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	1.4B	1.4B	1.5B	1.6B	1.4B
Cost of Revenue	1.2B	1.2B	1.2B	1.4B	1.2B
Gross Profit	272.3M	197.1M	219.5M	231.7M	160.8M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	161.9M	161.3M	160.0M	155.5M	118.9M
General & Admin Expense	41.2M	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	52.9M	—	5.0M	14.9M	2.7M
Total Operating Expenses	214.9M	161.3M	165.0M	170.5M	121.6M
Cost and Expenses	1.4B	1.4B	1.4B	1.5B	1.3B
Operating Income (EBIT)	57.4M	35.8M	54.5M	61.2M	39.2M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	11.8M	23.2M	7.0M	4.4M	2.7M
Net Interest Income	(11.8M)	(23.2M)	(7.0M)	(4.4M)	(2.7M)
Other Non-Op Income/Expense	(24.8M)	(15.9M)	(5.5M)	(42.2M)	16.6M
Non-Operating Income (excl Interest)	13.0M	(7.3M)	(1.8M)	36.0M	(20.3M)
EBT (Pre-Tax Income)	32.6M	19.9M	49.0M	19.0M	55.8M
Income Tax Expense	(230.0K)	(1.6M)	13.6M	(60.2M)	957.0K
Bottom Line
Net Income	32.0M	21.2M	30.6M	74.4M	48.3M
Earnings from Cont. Ops	32.8M	21.5M	35.5M	79.2M	54.9M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	32.0M	21.2M	30.6M	74.4M	48.3M
Per Share
Basic EPS	$0.27	$0.21	$0.31	$0.73	$0.51
Diluted EPS	$0.27	$0.20	$0.30	$0.72	$0.50
Revenue Per Share	$10.53	$13.82	$14.69	$15.55	$14.66
Shares
Basic Shares Outstanding	135.9M	101.9M	98.9M	101.9M	94.7M
Diluted Shares Outstanding	138.2M	103.8M	102.1M	103.3M	96.6M
Profitability Metrics
EBITDA	236.9M	217.5M	211.0M	165.3M	174.0M
D&A	192.5M	174.5M	154.7M	140.1M	114.6M
EBIT	44.3M	43.0M	56.3M	25.2M	59.4M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026