v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue    
Total revenue $ 365,958 $ 374,384
Costs of revenue    
Depreciation, amortization and accretion 45,742 38,675
Total costs of revenue 300,678 318,614
Gross profit 65,280 55,770
Operating expenses    
Selling, general and administrative 40,551 37,432
Depreciation and amortization 1,121 925
Impairments and abandonments 5,708 1,148
Lease abandonment costs (68) 724
Total operating expenses 47,312 40,229
Income from operations 17,968 15,541
Other income (expense)    
Gain on sales of property and equipment and divestitures, net 405 1,365
Interest expense, net (5,907) (4,876)
Other (311) 329
Income before income tax expense and equity in (losses) earnings of unconsolidated entities 12,155 12,359
Income tax expense (2,433) (2,894)
Equity in (losses) earnings of unconsolidated entities (290) 95
Net income 9,432 9,560
Less: net income attributable to noncontrolling interests (826) (1,321)
Net income attributable to Select Water Solutions, Inc. 8,606 8,239
Water Infrastructure    
Revenue    
Total revenue 96,736 72,391
Costs of revenue    
Costs of revenue 42,352 33,493
Water Services    
Revenue    
Total revenue 191,231 225,648
Costs of revenue    
Costs of revenue 149,454 181,718
Chemical Technologies    
Revenue    
Total revenue 77,991 76,345
Costs of revenue    
Costs of revenue 63,130 64,728
Class A common stock    
Other income (expense)    
Net income attributable to Select Water Solutions, Inc. $ 8,606 $ 8,239
Net income per share attributable to common stockholders (Note 15):    
Basic $ 0.08 $ 0.08
Diluted $ 0.08 $ 0.08