Quarterly ResultAug 6, 2026, 06:09 AM
WaterBridge Q2 Revenue $217.77M, Net Income $14.56M; Acquires Ranger
AI Summary
WaterBridge Infrastructure LLC reported strong financial results for Q2 2026, with total revenues more than doubling and net income significantly increasing year-over-year. The company also completed the acquisition of Ranger Water Midstream LLC for $82.85 million, expanding its produced water handling and brackish water supply assets in New Mexico. This strategic acquisition contributed to the company's growth in assets and operations.
Key Highlights
- Total revenues for Q2 2026 increased to $217.77 million from $95.51 million in Q2 2025.
- Net income for Q2 2026 rose to $14.56 million from $7.13 million in Q2 2025.
- Operating income for Q2 2026 was $40.27 million, up from $17.17 million in Q2 2025.
- Acquired Ranger Water Midstream LLC on June 22, 2026, for $82.85 million.
- Total assets increased to $3.94 billion as of June 30, 2026, from $3.70 billion at year-end 2025.
- Long-term debt, net, increased to $1.61 billion from $1.43 billion at year-end 2025.
- Net cash provided by operating activities for H1 2026 was $159.99 million.
Price Impact
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