Quarterly ResultAug 5, 2026, 04:37 PM

Select Water Solutions Q2 Revenue $395.8M, EPS $0.17, Net Income +97.6%

AI Summary

Select Water Solutions reported strong second-quarter 2026 financial results, with total revenue increasing to $395.8 million and net income attributable to the company nearly doubling to $21.0 million. Diluted earnings per share for Class A common stock rose to $0.17. For the first six months of 2026, net income attributable to the company increased by 58.0% to $29.6 million. The company also completed a significant underwritten public offering in February 2026, generating $192.2 million in net proceeds.

Key Highlights

Q2 2026 total revenue increased to $395.8 million from $364.2 million YoY.
Q2 2026 net income attributable to Select Water Solutions rose to $21.0 million, up 97.6% YoY.
Q2 2026 Class A diluted EPS was $0.17, compared to $0.10 in the prior year quarter.
Six-month net income attributable to the company increased to $29.6 million, up 58.0% YoY.
Net proceeds from the February 2026 common stock offering totaled $192.2 million.
Cash and cash equivalents grew to $33.4 million as of June 30, 2026.
Net cash provided by operating activities for the six months was $97.0 million.
Dividends declared for Class A common stock were $0.07 per share for the quarter.

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WTTR

Oilfield Services/Equipment

Select Water Solutions, Inc.

Price Impact