v3.25.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue    
Total revenue $ 374,384 $ 366,548
Costs of revenue    
Depreciation, amortization and accretion 38,675 36,892
Total costs of revenue 318,614 313,871
Gross profit 55,770 52,677
Operating expenses    
Selling, general and administrative 37,432 43,980
Depreciation and amortization 925 1,258
Impairments and abandonments 1,148 45
Lease abandonment costs 724 389
Total operating expenses 40,229 45,672
Income from operations 15,541 7,005
Other income (expense)    
Gain on sales of property and equipment and divestitures, net 1,365 325
Interest expense, net (4,876) (1,272)
Other 329 (282)
Income before income tax expense and equity in losses of unconsolidated entities 12,359 5,776
Income tax expense (2,894) (1,452)
Equity in earnings (losses) of unconsolidated entities 95 (449)
Net income 9,560 3,875
Less: net income attributable to noncontrolling interests (1,321) (250)
Net income attributable to Select Water Solutions, Inc. 8,239 3,625
Water Infrastructure    
Revenue    
Total revenue 72,391 63,508
Costs of revenue    
Costs of revenue 33,493 33,692
Water Services    
Revenue    
Total revenue 225,648 228,307
Costs of revenue    
Costs of revenue 181,718 181,532
Chemical Technologies    
Revenue    
Total revenue 76,345 74,733
Costs of revenue    
Costs of revenue 64,728 61,755
Class A common stock    
Other income (expense)    
Net income attributable to Select Water Solutions, Inc. $ 8,239 $ 3,625
Net income per share attributable to common stockholders (Note 15):    
Basic $ 0.08 $ 0.04
Diluted $ 0.08 $ 0.04