For the quarter ending 2026-03-31, WTTR had $37,886K increase in cash & cash equivalents over the period. -$68,135K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 9,432 | -2,058 | 2,294 | 21,231 |
| Depreciation, amortization and accretion | 46,863 | 52,358 | 44,888 | 82,572 |
| Deferred tax expense | 2,394 | -8,782 | 608 | 6,958 |
| Tax receivable agreements expense | - | 4,995 | - | - |
| Gain on disposal of property and equipment and divestitures | 405 | -130 | 2,600 | 7,868 |
| Equity in losses (earnings) of unconsolidated entities | -290 | -20 | -4,784 | -88 |
| Credit loss expense | 737 | -135 | -98 | 1,222 |
| Amortization and write off of debt issuance costs | 413 | 413 | 412 | 1,403 |
| Inventory adjustments | 98 | 23 | 32 | 20 |
| Equity-based compensation | 5,825 | 5,798 | 7,398 | 6,679 |
| Impairments and abandonments | 5,708 | 1,317 | 2,279 | 2,625 |
| Remeasurement gain on business combination | - | 0 | 14,924 | - |
| Other operating items, net | -598 | -669 | -625 | -1,153 |
| Accounts receivable | 54,479 | -13,098 | -31,824 | 28,809 |
| Prepaid expenses and other assets | -2,100 | -13,576 | 5,874 | -4,123 |
| Accounts payable and accrued liabilities | -9,332 | -15,970 | 48 | -13,872 |
| Net cash provided by (used in) operating activities | 10,242 | 65,452 | 71,696 | 77,525 |
| Purchase of property and equipment | 78,377 | 71,499 | 95,230 | 127,833 |
| Purchase of equity-method investment | - | 0 | 0 | 72,059 |
| Acquisitions, net of cash received | 210 | 1,251 | 35,136 | 17,205 |
| Proceeds received from sales of property and equipment | 1,056 | 1,494 | 4,154 | 9,603 |
| Net cash used in investing activities | -77,531 | -71,256 | -126,212 | -207,494 |
| Payments under tax receivable agreements | - | 0 | 0 | 77 |
| Contributions from noncontrolling interests | - | 0 | 0 | 2,875 |
| Borrowings from revolving line of credit | 43,500 | 26,500 | 40,000 | 65,000 |
| Payments on revolving line of credit | 113,500 | 11,500 | 10,000 | 125,000 |
| Borrowings from long-term debt | - | 0 | 0 | 250,000 |
| Payments of finance lease obligations | 158 | 159 | 129 | 313 |
| Payment of debt issuance costs | - | 0 | 0 | 7,867 |
| Net proceeds from underwritten offering | 191,705 | - | - | - |
| Dividends and distributions paid | 8,752 | 8,405 | 8,377 | 16,873 |
| Repurchase of common stock | 7,618 | 377 | 332 | 6,577 |
| Net cash provided by financing activities | 105,177 | 6,059 | 21,162 | 161,168 |
| Effect of exchange rate changes on cash | -2 | 1 | -4 | 9 |
| Net increase in cash and cash equivalents | 37,886 | 256 | -33,358 | 31,208 |
| Cash and cash equivalents, beginning of period | 18,084 | 17,828 | 19,978 | - |
| Cash and cash equivalents, end of period | 55,970 | 18,084 | 17,828 | - |
Select Water Solutions, Inc. (WTTR)
Select Water Solutions, Inc. (WTTR)