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Select Water Solutions, Inc. by the numbers
Select Water Solutions, Inc. (WTTR) reported revenue of $396M in Q2 2026 (quarter ended Jun 30, 2026), up 8.7% from the same quarter a year earlier. That came with a gross margin of 19% and net income of $21M (5.3% of revenue). For the full year FY2025, revenue was $1.41B (−3.1% year on year) and net income $21M. Its largest region in Q2 2026 was Permian Basin at $216M, 54% of the disclosed total, well ahead of Rockies at 12%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $396M | $364M | +8.7% |
| Gross profit | $77M | $58M | +33% |
| Operating income | $34M | $15M | +123% |
| Net income | $21M | $11M | +98% |
| Geographic | Revenue | Share |
|---|---|---|
| Permian Basin | $216M | 54% |
| Rockies | $47M | 12% |
| Marcellus Utica | $43M | 11% |
| Eagle Ford | $32M | 8.0% |
| Midcon | $26M | 6.6% |
| Haynesville E.Texas | $21M | 5.3% |
| Bakken | $15M | 3.7% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q2 2026Total $395.8M (+8.2%)
Haynesville E.Texas grew +67% year on yearBakken -42% year on year
Segment Latestquarter on quarteryear on year
- Permian Basin$215.5M$215.5MQoQ +9.9%year on year +15%+9.9%+15%
- Rockies$47.4M$47.4MQoQ +16%year on year +21%+16%+21%
- Marcellus Utica$42.9M$42.9MQoQ +2.8%year on year -3.5%+2.8%-3.5%
- Eagle Ford$32.1M$32.1MQoQ +18%year on year -11%+18%-11%
- Midcon$26.4M$26.4MQoQ -3.0%year on year +14%-3.0%+14%
- Haynesville E.Texas$21.2M$21.2MQoQ +4.4%year on year +67%+4.4%+67%
- Bakken$14.6M$14.6MQoQ -1.4%year on year -42%-1.4%-42%
- Eliminations And Other Geographical Regions−$4.3M−$4.3MQoQ -year on year ---
Oil & Gas Equipment & Services
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