7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 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 infrastructure
    		78,805,000 80,855,000 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 services
    		166,877,000 215,660,000 225,648,000 209,323,000 234,019,000 230,008,000 228,307,000 241,751,000 251,870,000 264,597,000 228,597,000 218,524,000 221,243,000 195,996,000 163,606,000 140,727,000 112,474,000 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 technologies
    		76,561,000 67,700,000 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 revenue
    		322,243,000 364,215,000 374,384,000 349,047,000 371,349,000 365,131,000 366,548,000 374,860,000 389,273,000 404,628,000 416,592,000 381,676,000 375,072,000 335,903,000 294,769,000 255,128,000 204,633,000 161,117,000 143,742,000 133,339,000 101,242,000 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 accretion
    		43,578,000 41,054,000 38,675,000 40,300,000 38,906,000 37,445,000 36,892,000                             
      total costs of revenue
    		278,689,000 306,462,000 318,614,000 304,863,000 308,900,000 304,975,000 313,871,000 320,302,000 333,008,000 343,454,000 356,927,000 340,105,000 316,232,000 300,241,000 270,087,000 237,219,000 195,648,000 162,754,000 148,139,000 137,281,000 118,142,000 115,958,000 262,989,000 254,278,000 287,974,000 283,948,000 316,649,000 327,910,000 337,573,000 336,519,000 328,446,000 277,978,000 134,371,000 122,195,000 100,167,000 
      gross profit
    		43,554,000 57,753,000 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
    		-30.26% -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%     
      qoq
    		-24.59% 3.56% 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 administrative
    		41,674,000 38,935,000 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 amortization
    		1,310,000 1,918,000 925,000 737,000 661,000 748,000 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 abandonments
    		2,279,000 1,477,000 1,148,000 1,146,000  46,000 45,000 1,053,000 32,000 356,000 11,166,000                         
      lease abandonment costs
    		63,000 -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 expenses
    		45,326,000 42,328,000 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 operations
    		-1,772,000 15,425,000 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
    		-107.23% -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
    		-111.49% -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 divestitures
    		2,600,000 6,503,000 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
    		-5,963,000 -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 
      remeasurement gain on business combination
    		14,924,000                                   
      other
    		-2,277,000 92,000 329,000 -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 (losses) earnings of unconsolidated entities
    		7,512,000                                   
      income tax expense
    		-434,000 -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
    		-4,784,000 -183,000                                  
      net income
    		2,294,000 11,671,000 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
    		-87.80% -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%     
      qoq
    		-80.34% 22.08% -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 (income) attributable to noncontrolling interests
    		389,000                   3,225,000 5,719,000 8,746,000 45,358,000             
      net income attributable to select water solutions, inc.
    		2,683,000 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—basic
    		0.03 0.1 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—diluted
    		0.03 0.1 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   
      income before income tax expense and equity in earnings (losses) of unconsolidated entities
    		 16,375,000 12,359,000                                 
      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 
      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               
      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 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.