wttr: the income statement

MyFinsight

Select Water Solutions, Inc. (WTTR)

For the quarter ending 2025-06-30, WTTR made $364,215K in revenue. $10,647K in net income. Net profit margin of 2.92%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Total revenue	364,215	374,384	371,349	365,131
Costs of revenue	-	279,939	269,994	267,530
Depreciation, amortization and accretion	41,054	38,675	38,906	37,445
Costs of revenue-Water Services	173,312	-	-	-
Costs of revenue-Water Infrastructure	36,211	-	-	-
Costs of revenue-Chemicaltechnologies	55,885	-	-	-
Total costs of revenue	306,462	318,614	308,900	304,975
Gross profit	57,753	55,770	62,449	60,156
Lease abandonment costs	-2	724	5	17
Selling, general and administrative	38,935	37,432	37,268	38,981
Impairments and abandonments	1,477	1,148	-46	46
Depreciation and amortization	1,918	925	661	748
Total operating expenses	42,328	40,229	37,934	39,792
Income from operations	15,425	15,541	24,515	20,364
Interest expense, net	5,645	4,876	1,906	2,026
Gain on sales of property and equipment and divestitures, net	6,503	1,365	1,624	382
Other	92	329	-78	42
Income before income tax expense and equity in earnings (losses) of unconsolidated entities	16,375	12,359	24,155	18,762
Equity in (losses) earnings of unconsolidated entities	-183	95	507	96
Income tax expense	4,521	2,894	5,852	3,959
Net income	11,671	9,560	18,810	14,899
Less net income attributable to noncontrolling interests	1,024	1,321	3,019	2,031
Net income attributable to select water solutions, inc	10,647	8,239	15,791	12,868

Basic eps	-	0.08	0.16	0.13
Diluted eps	-	0.08	0.15	0.13
Basic average shares	-	100,790,931	100,246,000	100,128,034
Diluted average shares	-	103,313,924	102,606,199	101,904,885

Unit: Thousand (K) dollars (except for numbers of shares and EPS)