Summary of Significant Accounting Policies (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Accounting Policies [Abstract] |
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| Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash |
The following table presents a reconciliation of cash, cash equivalents and restricted cash reported in the condensed consolidated balance sheets to the total of the same amounts shown in the condensed consolidated statements of cash flows. | | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | | Cash and cash equivalents | $ | 824.1 | | | $ | 353.3 | | | Restricted cash (non-current) | 70.7 | | | — | | | Cash, cash equivalents and restricted cash | $ | 894.8 | | | $ | 353.3 | |
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| Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash |
The following table presents a reconciliation of cash, cash equivalents and restricted cash reported in the condensed consolidated balance sheets to the total of the same amounts shown in the condensed consolidated statements of cash flows. | | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | | Cash and cash equivalents | $ | 824.1 | | | $ | 353.3 | | | Restricted cash (non-current) | 70.7 | | | — | | | Cash, cash equivalents and restricted cash | $ | 894.8 | | | $ | 353.3 | |
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| Schedule of Allowance for Credit Losses |
The following table presents activity related to our allowance for credit losses and uncollectible operating lease receivables. | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
June 30, | | Six Months Ended
June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Balance at beginning of period | $ | 2.6 | | | $ | 2.1 | | | $ | 1.7 | | | $ | 1.3 | | | Provision for (recovery of) credit losses, net | (1.1) | | | (0.2) | | | (0.4) | | | 0.6 | | | Provision for uncollectible operating lease receivables | — | | | — | | | 0.2 | | | — | | | Write-offs | (0.8) | | | (0.8) | | | (0.8) | | | (0.8) | | | Balance at end of period | $ | 0.7 | | | $ | 1.1 | | | $ | 0.7 | | | $ | 1.1 | |
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| Schedule of Useful Life of Property, Plant and Equipment and Equipment held for Lease |
| | | | | | | Useful Life | | Equipment held for lease | | | Power Generation - Turbine | 25 years | | Power Generation - Turbine engine core | 30,000 fired hours | | Power Generation - Ancillary equipment | 3 - 20 years | | Power control and distribution equipment | 15 years | | | | Property, plant and equipment | | | Oil and gas logistics equipment | 5 - 15 years | | Machinery and equipment | 3 - 12 years | | Furniture and fixtures | 5 years | | Computer hardware and software | 3 - 10 years | | Vehicles | 5 years | | Buildings and leasehold improvements | 15 years |
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| Schedule of Contract with Customer, Contract Asset, Contract Liability, and Receivable |
The following table presents the balances of receivables and contract assets arising from contracts with customers. Receivables represent amounts due from customers for goods and services that have been billed. Contract assets represent amounts earned from performance under a contract but not yet billed to the customer (unbilled receivables). | | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | | Receivables | $ | 96.3 | | | $ | 64.3 | | | Contract assets (unbilled revenues) | 10.0 | | | 11.7 | |
As of June 30, 2026 and December 31, 2025, deferred revenue consisted of the following: | | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | | ASC 842 | $ | 185.2 | | | $ | 5.8 | | | ASC 606 | 7.2 | | | — | | | Total deferred revenue | $ | 192.4 | | | $ | 5.8 | |
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| Schedule of Future Minimum Operating Lease Payments to be Received |
Future minimum lease payments to be received under our long-term lessor arrangements as of June 30, 2026, including payments from leases that have already commenced and leases that will commence in the future based on estimated commencement dates, were as follows: | | | | | | | Year Ending December 31, | Future Lease Payments to be Received | | 2026 (remainder of) | $ | 210.8 | | | 2027 | 660.1 | | | 2028 | 743.3 | | | 2029 | 731.6 | | | 2030 | 721.1 | | | Thereafter | 3,035.7 | | | Total | $ | 6,102.6 | |
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| Schedule of Disaggregated Revenues from Contracts |
The table below presents information on our disaggregated revenue. | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
June 30, | | Six Months Ended
June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Solaris Power Solutions | | | | | | | | | Leasing revenue | $ | 105.7 | | | $ | 61.9 | | | $ | 211.0 | | | $ | 101.0 | | | Service revenue | 52.6 | | | 13.7 | | | 75.8 | | | 24.0 | | | Solaris Logistics Solutions | | | | | | | | | Service revenue | 61.1 | | | 73.7 | | | 128.8 | | | 150.7 | | | Total revenue | $ | 219.4 | | | $ | 149.3 | | | $ | 415.6 | | | $ | 275.7 | |
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