7Baggers

Select Energy Services Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Gross Profit  
 Operating Profit  
 Net Income  
20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 20241231 20250331 20250630 -36.26-22.16-8.066.0420.1534.2548.3562.45Milllion

Select Energy Services Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 
                                    
  revenue                                  
  water infrastructure80,855,000 72,391,000 76,811,000 82,017,000 68,564,000 63,508,000 60,852,000 58,375,000 55,277,000 101,547,000 77,178,000 74,396,000 60,284,000 58,554,000 46,873,000 36,787,000 33,326,000 37,803,000 36,129,000 16,165,000 15,300,000 57,762,000 52,314,000 63,953,000 51,710,000 53,616,000         
  water services215,660,000 225,648,000 209,323,000 234,019,000 230,008,000 228,307,000 241,751,000 251,870,000 264,597,000 228,597,000 218,524,000 221,243,000 195,996,000 163,606,000 140,727,000 112,474,000 76,651,000 64,223,000 59,932,000 54,516,000 55,807,000 149,511,000 152,923,000 196,782,000 202,011,000 220,595,000         
  chemical technologies67,700,000 76,345,000 62,913,000 55,313,000 66,559,000 74,733,000 72,257,000 79,028,000 84,754,000                          
  total revenue364,215,000 374,384,000 349,047,000 371,349,000 365,131,000 366,548,000 374,860,000 389,273,000 404,628,000 416,592,000 381,676,000 375,072,000 335,903,000 294,769,000 255,128,000 204,633,000 161,117,000 143,742,000 133,339,000 101,242,000 92,239,000 278,285,000 276,088,000 328,968,000 323,887,000 362,646,000 362,318,000 396,970,000 393,247,000 376,395,000 304,237,000 153,880,000 134,449,000 99,925,000 
  costs of revenue                                  
  depreciation, amortization and accretion41,054,000 38,675,000 40,300,000 38,906,000 37,445,000 36,892,000                             
  total costs of revenue306,462,000 318,614,000 304,863,000 308,900,000 304,975,000 313,871,000 320,302,000 333,008,000 343,454,000 356,927,000 340,105,000 316,232,000 300,241,000 270,087,000 237,219,000 195,648,000 162,754,000 148,139,000 137,281,000 118,142,000 115,958,000 262,989,000 254,278,000 287,974,000 283,948,000 316,649,000 327,910,000 337,573,000 336,519,000 328,446,000 277,978,000 134,371,000 122,195,000 100,167,000 
  gross profit57,753,000 55,770,000 44,184,000 62,449,000 60,156,000 52,677,000 54,558,000 56,265,000 61,174,000 59,665,000 41,571,000 58,840,000 35,662,000 24,682,000 17,909,000 8,985,000  -4,397,000 -3,942,000 -16,900,000 -23,719,000 15,296,000 21,810,000 40,994,000 39,939,000 45,997,000 34,408,000 59,397,000 56,728,000 47,949,000 26,259,000 19,509,000 12,254,000 -242,000 
  yoy-3.99% 5.87% -19.01% 10.99% -1.66% -11.71% 31.24% -4.38% 71.54% 141.73% 132.12% 554.87%  -661.34% -554.31% -153.17%  -128.75% -118.07% -141.23% -159.39% -66.75% -36.61% -30.98% -29.60% -4.07% 31.03% 204.46% 362.93% -19913.64%     
  qoq3.56% 26.22% -29.25% 3.81% 14.20% -3.45% -3.03% -8.02% 2.53% 43.53% -29.35% 64.99% 44.49% 37.82% 99.32%   11.54% -76.67% -28.75% -255.07% -29.87% -46.80% 2.64% -13.17% 33.68% -42.07% 4.70% 18.31% 82.60% 34.60% 59.21% -5163.64%  
  gross margin %                                  
  operating expenses                                  
  selling, general and administrative38,935,000 37,432,000 39,749,000 37,268,000 38,981,000 43,980,000 46,401,000 38,983,000 34,335,000 35,829,000 34,143,000 29,782,000 26,695,000 28,315,000 25,248,000 22,044,000 15,890,000 19,894,000 15,462,000 15,955,000 17,658,000 25,289,000 24,669,000 27,280,000 27,297,000 32,376,000 25,494,000 25,110,000 26,871,000 25,681,000 33,105,000 16,087,000 23,254,000 9,957,000 
  depreciation and amortization1,918,000 925,000 737,000 661,000 748,000 1,258,000 36,037,000 34,650,000 35,183,000 32,943,000 31,082,000 26,672,000 29,253,000 26,500,000 24,456,000 22,904,000 21,018,000 21,650,000 23,233,000 23,877,000 25,508,000 26,182,000 28,185,000 28,263,000 28,843,000 31,518,000 37,357,000 31,853,000 30,445,000 30,882,000 34,501,000 23,420,000 22,520,000 21,204,000 
  impairments and abandonments1,477,000 1,148,000 1,146,000  46,000 45,000 1,053,000 32,000 356,000 11,166,000                         
  lease abandonment costs-2,000 724,000 -53,000 5,000 17,000 389,000 -31,000 -12,000 9,000 76,000 113,000 83,000 162,000 91,000 414,000 154,000 222,000 104,000 1,857,000 672,000 868,000 953,000 579,000 238,000 183,000 1,073,000 -217,000 1,045,000 1,973,000 1,124,000 701,000 590,000 418,000 1,863,000 
  total operating expenses42,328,000 40,229,000 41,579,000 37,934,000 39,792,000 45,672,000 47,853,000 39,515,000 35,439,000 47,666,000 34,829,000 30,408,000 27,383,000 28,973,000 26,257,000 22,760,000 16,736,000 20,647,000 17,987,000 17,312,000 24,086,000 306,127,000 29,023,000 28,519,000 28,760,000 39,364,000 48,390,000 27,139,000 31,933,000 29,346,000 34,298,000 17,052,000 24,163,000 12,266,000 
  income from operations15,425,000 15,541,000 2,605,000 24,515,000 20,364,000 7,005,000 6,705,000 16,750,000 25,735,000 11,999,000 6,742,000 28,432,000 8,279,000 -4,291,000 -8,348,000 -13,775,000 -18,373,000 -25,044,000 -21,929,000 -34,212,000 -47,805,000 -290,831,000 -7,213,000 12,475,000 11,179,000 6,633,000 -13,982,000 32,258,000 24,795,000 18,603,000 -8,039,000 2,457,000 -11,909,000 -12,508,000 
  yoy-24.25% 121.86% -61.15% 46.36% -20.87% -41.62% -0.55% -41.09% 210.85% -379.63% -180.76% -306.40% -145.06% -82.87% -61.93% -59.74% -61.57% -91.39% 204.02% -374.24% -527.63% -4484.61% -48.41% -61.33% -54.91% -64.34% 73.93% 1212.90% -308.20% -248.73%     
  qoq-0.75% 496.58% -89.37% 20.38% 190.71% 4.47% -59.97% -34.91% 114.48% 77.97% -76.29% 243.42% -292.94% -48.60% -39.40% -25.03% -26.64% 14.20% -35.90% -28.43% -83.56% 3932.04% -157.82% 11.59% 68.54% -147.44% -143.34% 30.10% 33.28% -331.41% -427.19% -120.63% -4.79%  
  operating margin %                                  
  other income              1,629,000 -222,000 895,000 -1,629,000 1,286,000 -2,364,000 -2,700,000 259,000 -2,886,000 -272,000 -59,000 269,000 -2,167,000 1,498,000 2,060,000 -458,000 -2,973,000 326,000 1,952,000 1,064,000 
  gain on sales of property and equipment and divestitures6,503,000 1,365,000 924,000 1,624,000 382,000 325,000 -1,898,000 23,000 -1,246,000 2,911,000 287,000 -479,000 731,000 1,653,000 -480,250 315,000                   
  interest expense-5,645,000 -4,876,000 -1,761,000 -1,906,000 -2,026,000 -1,272,000 -103,000 -765,000 -2,042,000 -1,483,000 -870,000 -616,000 -494,000 -720,000 -457,000 -419,000 -400,000 -435,000 -503,000 -789,000 -513,000 -331,000 -318,000 -438,000 -839,000 -1,093,000 -1,496,000 -1,322,000 -1,342,000 -1,151,000 -4,744,000 -484,000 -671,000 -730,000 
  other92,000 329,000 -255,000 -78,000 42,000 -282,000    846,000  -1,000 1,000 249,000         -1,000 301,000 7,165,000 21,606,000         
  income before income tax expense and equity in earnings (losses) of unconsolidated entities16,375,000 12,359,000                                 
  income tax expense-4,521,000 -2,894,000 -2,815,750 -5,852,000 -3,959,000 -1,452,000 -267,000 -483,000 -387,000 -198,000             -812,500 -2,501,000 -571,000 -178,000         
  equity in (losses) earnings of unconsolidated entities-183,000                                  
  net income11,671,000 9,560,000 -2,134,000 18,810,000 14,899,000 3,875,000 27,639,000 15,314,000 22,561,000 13,705,000 7,571,000 24,717,000 14,581,000 7,985,000 11,155,000 -14,204,000 -19,615,000 -27,421,000 -21,208,000 -36,260,000 -53,044,000 -291,220,000 -12,504,000 7,172,000 8,068,000 1,400,000 -18,122,000 31,267,000 25,023,000 16,132,000 -14,950,000 2,593,000 -10,490,000 -12,280,000 
  yoy-21.67% 146.71% -107.72% 22.83% -33.96% -71.73% 265.06% -38.04% 54.73% 71.63% -32.13% -274.01% -174.34% -129.12% -152.60% -60.83% -63.02% -90.58% 69.61% -605.58% -757.46% -20901.43% -31.00% -77.06% -67.76% -91.32% 21.22% 1105.82% -338.54% -231.37%     
  qoq22.08% -547.99% -111.35% 26.25% 284.49% -85.98% 80.48% -32.12% 64.62% 81.02% -69.37% 69.52% 82.60% -28.42% -178.53% -27.59% -28.47% 29.30% -41.51% -31.64% -81.79% 2229.01% -274.34% -11.11% 476.29% -107.73% -157.96% 24.95% 55.11% -207.91% -676.55% -124.72% -14.58%  
  net income margin %                                  
  less: net income attributable to noncontrolling interests-1,024,000 -1,321,000 494,000 -3,019,000 -2,031,000 -250,000 -1,193,000 -968,000 -2,446,000 -1,358,000     2,380,500 2,160,000 3,048,000 4,314,000     -981,500 -1,793,000 -1,868,000 -265,000       6,274,000 8,108,000 
  net income attributable to select water solutions, inc.10,647,000 8,239,000 -1,640,000 15,791,000 12,868,000 3,625,000 27,595,000 14,346,000 20,115,000                          
  ​                                  
  net income per share                                  
  class a—basic0.1 0.08 -0.01 0.16 0.13 0.04 0.27 0.14 0.2 0.12 0.07 0.23 0.13 0.07 0.12 -0.14 -0.19 -0.27 -0.22 -0.36 -0.52 -2.86 -0.13 0.07 0.08 0.01 -0.2 0.29 0.24 0.15 4,047,499,250 30,336,923,000   
  class b—basic                              9,615,635,250 38,462,541,000   
  class a—diluted0.1 0.08 -0.02 0.15 0.13 0.04 0.27 0.14 0.2 0.12 0.07 0.22 0.13 0.07 0.12 -0.14 -0.19 -0.27 -0.22 -0.36 -0.52 -2.86 -0.13 0.07 0.08 0.01 -0.2 0.29 0.24 0.15 4,047,499.25 30,357,572   
  class b—diluted                              9,615,635.25 38,462,541   
  equity in earnings (losses) of unconsolidated entities 95,000                                 
  income before income tax expense and equity in gains of unconsolidated entities  12,173,250 24,155,000 18,762,000                              
  equity in gains of unconsolidated entities  38,500 507,000 96,000                              
  income before income tax expense and equity in losses of unconsolidated entities     5,776,000                             
  equity in losses of unconsolidated entities     -449,000 -84,000 -978,000 -372,000 -366,000 -337,000 -218,000 -229,000 -129,000 -150,000 -129,000                   
  foreign currency loss      -1,000 -1,000                           
  bargain purchase gain          -416,000 -3,273,000 5,607,000 11,434,000                     
  income before income tax expense      13,591,000 16,775,000 23,320,000 14,269,000             -13,805,000 9,673,000 8,639,000 1,578,000         
  foreign currency gain        1,000 -4,000 1,000 -6,000 -6,000 3,000 1,000 -6,000 4,000 3,000 45,000 13,000 27,000 -46,000 5,000 -59,000 67,000 260,000 -800,000 248,000       
  oilfield chemicals         86,448,000 85,974,000 79,433,000 79,623,000 72,609,000 67,528,000 55,372,000 51,140,000 41,716,000 37,278,000 30,561,000 21,132,000 71,012,000 70,852,000 67,932,000 63,001,000 66,829,000         
  net income attributable to select energy services, inc.         12,347,000 7,649,000 21,324,000 12,503,000 6,802,000 9,493,000 -12,044,000 -16,567,000 -23,107,000 -17,983,000 -30,541,000 -44,298,000 -245,862,000 -9,930,000 5,379,000 6,200,000 1,135,000 -13,500,000 22,951,000 16,963,000 10,099,000 -1,791,000 1,224,000 -4,216,000 -4,172,000 
  income before income tax benefit          8,193,000 25,211,000 14,992,000 8,328,000 11,663,000 -14,107,000 -19,531,000 -27,684,000 -22,189,000 -36,461,000 -53,174,000 -291,384,000             
  income tax benefit          -285,000 -276,000 -182,000 -214,000 -358,000 32,000 -84,000 263,000 981,000 201,000 130,000 164,000     323,000 -1,415,000       
  less: net (income) loss attributable to noncontrolling interests          78,000 -3,393,000 -2,078,000 -1,183,000             4,622,000 -8,316,000 -8,060,000 -6,033,000 3,253,250 -1,369,000   
  impairment of goodwill and trademark                     276,016,000             
  impairment and abandonment of property and equipment                    4,726,000              
  gross loss                -1,637,000                  
  losses on sales of property and equipment and divestitures                -1,657,000 -579,000   -2,183,000              
  gains on sales of property and equipment and divestitures                  -1,088,000 891,000               
  less: net income (income) attributable to noncontrolling interests                  3,225,000 5,719,000 8,746,000 45,358,000             
  impairment of property and equipment                     3,184,000 2,773,000 49,000 374,000 519,000 4,375,000  2,282,000      
  losses on sales of property, equipment and divestitures                     -435,000             
  impairment of goodwill                         4,396,000         
  impairment of cost-method investment                                  
  gains on sales of property and equipment                      -2,058,250 -2,033,000 -1,709,000          
  class a-2—basic                          -0.2   0.15     
  class a-2—diluted                          -0.2   0.15     
  losses on sales of property and equipment                         -4,491,000         
  class a-1—basic                              2,417,948,750    
  class a-1—diluted                              2,417,948.75    
  water solutions and related services                          265,322,000 301,410,000 297,446,000 281,555,000     
  accommodations and rentals                          18,029,000 18,022,000 15,949,000 14,744,000 9,614,250 15,615,000 13,327,000 9,515,000 
  wellsite completion and construction services                          11,598,000 13,553,000 15,045,000 16,466,000 9,630,500 13,179,000 13,310,000 12,033,000 
  oilfield chemical product sales                          67,369,000 63,985,000 64,807,000 63,630,000     
  impairment of investment                          500,000   2,000,000     
  income before tax expense                          18,612,000 32,682,000 25,173,000 16,594,000 -15,475,000 2,299,000 -10,628,000 -12,174,000 
  foreign currency losses                            -340,000 -400,000     
  tax benefit                            -150,000  525,000 294,000 138,000  
  tax expense                             -462,000    -106,000 
  water solutions                              217,034,000 125,086,000 107,812,000 78,377,000 
  impairment of goodwill and other intangible assets                                  
  less: net income attributable to predecessor                                  
  allocation of net income attributable to:                                  
  class a-1 stockholders                              -669,750  -2,032,000 -3,363,000 
  class a stockholders                              -1,121,250 1,224,000 -2,184,000 -809,000 
  class b stockholders                                  
  weighted-average shares outstanding:                                  
  class a-1—basic & diluted                                13,092,308,000 16,100,000,000 
  class a—basic & diluted                                14,075,052,000 3,870,194,000 
  class b—basic & diluted                                38,462,541,000 38,462,541,000 

We provide you with 20 years income statements for Select Energy Services stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Select Energy Services stock. Explore the full financial landscape of Select Energy Services stock with our expertly curated income statements.

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