v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Total revenues $ 217,772 $ 95,512 $ 418,749 $ 193,422
Depreciation, depletion, amortization and accretion 72,100 21,148 141,047 42,186
Total cost of revenues 159,649 70,019 312,434 133,006
General and administrative expense 17,682 7,583 34,493 14,175
Loss (gain) on disposal of assets 8 82 (66) 11,691
Other operating expense, net 165 658 1,164 1,665
Operating income 40,268 17,170 70,724 32,885
Interest expense, net 22,708 10,168 42,700 24,225
Other expense (income), net 794 (133) 682 (265)
Income before income taxes 16,766 7,135 27,342 8,925
Income tax expense (benefit) 2,211 10 3,266 89
Net income (loss) 14,555 7,125 24,076 8,836
Net income attributable to noncontrolling interest 9,446   15,452  
Net income attributable to WaterBridge Infrastructure LLC $ 5,109   $ 8,624  
Basic net income per share $ 0.10   $ 0.18  
Dilutive net income per share $ 0.10   $ 0.18  
Basic weighted average shares outstanding 48,757,787   46,337,319  
Dilutive weighted average shares outstanding 48,757,787   46,337,319  
WBEF        
Revenues:        
Total revenues   86,139   166,335
Depreciation, depletion, amortization and accretion   31,916   59,298
Total cost of revenues   64,031   122,813
General and administrative expense   11,253   18,940
Other operating expense, net   1,193   1,628
Operating income   9,662   22,954
Interest expense, net   26,005   54,341
Other expense (income), net   (767)   (1,537)
Income before income taxes   (15,576)   (29,850)
Income tax expense (benefit)   31   (29)
Net income (loss)   (15,607)   (29,821)
Class A Shares        
Revenues:        
Basic net income per share $ 0.1   $ 0.18  
Dilutive net income per share $ 0.1   $ 0.18  
Basic weighted average shares outstanding 48,757,787   46,337,319  
Dilutive weighted average shares outstanding 48,757,787   46,337,319  
Nonrelated Party        
Revenues:        
Direct operating costs $ 73,004 38,095 $ 143,044 69,616
Nonrelated Party | WBEF        
Revenues:        
Direct operating costs   30,233   60,318
Related Party        
Revenues:        
Direct operating costs 14,545 10,776 28,343 21,204
Related Party | WBEF        
Revenues:        
Direct operating costs   1,882   3,197
Produced Water Handling        
Revenues:        
Total revenues 197,631 89,158 379,568 174,221
Produced Water Handling | WBEF        
Revenues:        
Total revenues   80,932   155,896
Produced Water Handling | Nonrelated Party        
Revenues:        
Total revenues 169,704 59,725 322,901 117,929
Produced Water Handling | Nonrelated Party | WBEF        
Revenues:        
Total revenues   80,821   155,681
Produced Water Handling | Related Party        
Revenues:        
Total revenues 27,927 29,433 56,667 56,292
Produced Water Handling | Related Party | WBEF        
Revenues:        
Total revenues   111   215
Water Solutions | Nonrelated Party        
Revenues:        
Total revenues 8,425 4,682 16,915 14,672
Water Solutions | Nonrelated Party | WBEF        
Revenues:        
Total revenues   3,520   7,018
Water Solutions | Related Party        
Revenues:        
Total revenues 893 1,633 1,417 3,301
Other revenues | Nonrelated Party        
Revenues:        
Total revenues 9,703 1 18,378 1,190
Other revenues | Nonrelated Party | WBEF        
Revenues:        
Total revenues   1,687   3,421
Other revenues | Related Party        
Revenues:        
Total revenues $ 1,120 $ 38 $ 2,471 $ 38