v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Leasing revenue $ 90,598 $ 82,422 $ 301,680 $ 183,421
Total revenue 341,089 166,843 756,728 442,503
Operating costs and expenses:        
Cost of leasing revenue, excluding depreciation 25,327 36,613 114,480 77,390
Non-leasing depreciation and amortization 27,423 12,598 52,713 37,624
Depreciation of leasing equipment 24,061 9,757 63,047 23,172
Selling, general and administrative 42,638 15,546 93,528 45,719
Other operating expenses, net 2,616 2,226 4,127 4,689
Total operating costs and expenses 274,104 128,930 582,671 346,966
Operating income 66,985 37,913 174,057 95,537
Interest expense (22,937) (10,239) (44,628) (23,449)
Interest income 6,180 1,201 14,386 3,758
Loss on debt extinguishment 0 0 (16,084) 0
Foreign currency gain (loss), net (1,132) 0 (1,132) 0
Income before income tax expense 49,096 28,875 126,599 75,846
Provision for income taxes (9,812) (4,061) (30,028) (13,935)
Net income 39,284 24,814 96,571 61,911
Less: net income related to non-controlling interests (4,684) (10,264) (20,047) (30,086)
Net income attributable to Solaris Energy Infrastructure, Inc. 34,600 14,550 76,524 31,825
Less: income attributable to participating securities (1,033) (568) (2,419) (1,417)
Class A common stock        
Operating costs and expenses:        
Net income attributable to Class A common shareholders $ 33,567 $ 13,982 $ 74,105 $ 30,408
Earnings per share of Class A common stock - basic (in dollars per share) $ 0.53 $ 0.32 $ 1.26 $ 0.77
Earnings per share of Class A common stock - diluted (in dollars per share) $ 0.42 $ 0.31 $ 1.00 $ 0.74
Basic weighted-average shares of Class A common stock outstanding (in shares) 63,782,907 43,770,158 58,811,498 39,282,686
Diluted weighted-average shares of Class A common stock outstanding (in shares) 83,567,388 50,428,814 78,472,205 43,190,469
Service revenue        
Revenue $ 199,236 $ 84,140 $ 400,449 $ 257,582
Operating costs and expenses:        
Cost of services and products 118,674 51,915 216,978 157,628
Product sales        
Revenue 51,255 281 54,599 1,500
Operating costs and expenses:        
Cost of services and products $ 33,365 $ 275 $ 37,798 $ 744