v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Class A Common Stock
Class B Common Stock
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-in Capital
Retained Earnings
Non- controlling Interest
Balance at beginning of period (in shares) at Dec. 31, 2024       38,013 29,107      
Balance at beginning of period at Dec. 31, 2024 $ 666,729     $ 359 $ 0 $ 337,598 $ 17,664 $ 311,108
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation 3,452         1,918   1,534
Net effect of deferred taxes related to the vesting of restricted stock 4,513         4,513    
Vesting of restricted stock 0     $ 9   5,726   (5,735)
Grants of restricted stock, net of forfeitures (in shares)       722        
Cancelled shares withheld for taxes from vesting of restricted stock (in shares)       (297)        
Cancelled shares withheld for taxes from vesting of restricted stock (10,133)     $ (3)   (7,052)   (3,078)
Distributions to non-controlling interest unitholders (4,696)             (4,696)
Dividends paid ($0.12 per share of Class A common stock) (4,686)           (4,686)  
Other (81)         (81)    
Net income 12,968           5,320 7,648
Balance at end of period (in shares) at Mar. 31, 2025       38,438 29,107      
Balance at end of period at Mar. 31, 2025 668,066     $ 365 $ 0 342,622 18,298 306,781
Balance at beginning of period (in shares) at Dec. 31, 2024       38,013 29,107      
Balance at beginning of period at Dec. 31, 2024 666,729     $ 359 $ 0 337,598 17,664 311,108
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 37,097              
Balance at end of period (in shares) at Jun. 30, 2025       40,598 26,979      
Balance at end of period at Jun. 30, 2025 780,323     $ 386 $ 0 373,368 25,385 381,184
Balance at beginning of period (in shares) at Mar. 31, 2025       38,438 29,107      
Balance at beginning of period at Mar. 31, 2025 668,066     $ 365 $ 0 342,622 18,298 306,781
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Exchange of Solaris LLC units and Class B common stock for Class A common stock (in shares)       2,128 (2,128)      
Exchange of Solaris LLC units and Class B common stock for Class A common stock 0     $ 21   22,689   (22,710)
Net effect of deferred taxes related to the exchange of Solaris LLC units and Class B common stock for Class A common stock and the vesting of restricted stock 5,009         5,009    
Stock-based compensation 5,368         3,102   2,266
Vesting of restricted stock 0         98   (98)
Grants of restricted stock, net of forfeitures (in shares)       36        
Cancelled shares withheld for taxes from vesting of restricted stock (in shares)       (4)        
Cancelled shares withheld for taxes from vesting of restricted stock (79)         (64)   (15)
Distributions to non-controlling interest unitholders (3,237)             (3,237)
Capital contribution from non-controlling interest in Stateline 86,023             86,023
Dividends paid ($0.12 per share of Class A common stock) (4,868)           (4,868)  
Other (88)         (88)    
Net income 24,129           11,955 12,174
Balance at end of period (in shares) at Jun. 30, 2025       40,598 26,979      
Balance at end of period at Jun. 30, 2025 780,323     $ 386 $ 0 373,368 25,385 381,184
Balance at beginning of period (in shares) at Dec. 31, 2025   53,081 15,386 53,081 15,386      
Balance at beginning of period at Dec. 31, 2025 827,251     $ 510 $ 0 537,754 26,074 262,913
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of Class A common stock in connection with Genco Acquisition (in shares)       4,183        
Issuance of Class A common stock in connection with Genco Acquisition 238,377     $ 42   177,773   60,562
Net effect of deferred taxes related to the issuance of Class A common stock in connection with Genco Acquisition 4,485         4,485    
Exchange of Solaris LLC units and Class B common stock for Class A common stock (in shares)       246 (246)      
Exchange of Solaris LLC units and Class B common stock for Class A common stock 0     $ 3   3,807   (3,810)
Net effect of deferred taxes related to the exchange of Solaris LLC units and Class B common stock for Class A common stock and the vesting of restricted stock 19,322         19,322    
Stock-based compensation 6,713         5,174   1,539
Vesting of restricted stock 0     $ 8   3,416   (3,424)
Vesting of restricted stock units (in Share)       368        
Vesting of restricted stock units 0     $ 4   (4)    
Grants of restricted stock, net of forfeitures (in shares)       752        
Cancelled shares withheld for taxes from vesting of restricted stock (in shares)       (288)        
Cancelled shares withheld for taxes from vesting of restricted stock (14,306)     $ (3)   (11,816)   (2,487)
Distributions to non-controlling interest unitholders (2,293)             (2,293)
Dividends paid ($0.12 per share of Class A common stock) (6,922)           (6,922)  
Net income 32,055           21,438 10,617
Balance at end of period (in shares) at Mar. 31, 2026       58,342 15,140      
Balance at end of period at Mar. 31, 2026 1,104,682     $ 564 $ 0 739,911 40,590 323,617
Balance at beginning of period (in shares) at Dec. 31, 2025   53,081 15,386 53,081 15,386      
Balance at beginning of period at Dec. 31, 2025 827,251     $ 510 $ 0 537,754 26,074 262,913
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 57,287              
Balance at end of period (in shares) at Jun. 30, 2026   62,814 10,735 62,814 10,735      
Balance at end of period at Jun. 30, 2026 1,160,567     $ 608 $ 0 847,824 53,544 258,591
Balance at beginning of period (in shares) at Mar. 31, 2026       58,342 15,140      
Balance at beginning of period at Mar. 31, 2026 1,104,682     $ 564 $ 0 739,911 40,590 323,617
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Exchange of Solaris LLC units and Class B common stock for Class A common stock (in shares)       4,405 (4,405)      
Exchange of Solaris LLC units and Class B common stock for Class A common stock 0     $ 44   70,314   (70,358)
Net effect of deferred taxes related to the exchange of Solaris LLC units and Class B common stock for Class A common stock and the vesting of restricted stock 28,114         28,114    
Stock-based compensation 11,772         9,796   1,976
Vesting of restricted stock 0         48   (48)
Grants of restricted stock, net of forfeitures (in shares)       72        
Cancelled shares withheld for taxes from vesting of restricted stock (in shares)       (5)        
Cancelled shares withheld for taxes from vesting of restricted stock (409)         (359)   (50)
Distributions to non-controlling interest unitholders (1,292)             (1,292)
Dividends paid ($0.12 per share of Class A common stock) (7,532)           (7,532)  
Net income 25,232           20,486 4,746
Balance at end of period (in shares) at Jun. 30, 2026   62,814 10,735 62,814 10,735      
Balance at end of period at Jun. 30, 2026 $ 1,160,567     $ 608 $ 0 $ 847,824 $ 53,544 $ 258,591