FY2025 · ended Dec 31, 2025 · Revenue $1.41B, -3.1% YoY · Filed Feb 18, 2026
Select Water Solutions, Inc. (WTTR) files with the SEC under industry code 1389, Oil & Gas Field Services, NEC. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.4 billion and net income of $21.2 million. Free cash flow was -$79.9 million. As of Jun 30, 2026 it held $33.4 million in cash and investments and $295.3 million in total debt.
Revenue (TTM)
$1.43B
-2.0% vs year-ago TTM
Net income (TTM)
$31.98M
-3.2% vs year-ago TTM
Operating cash flow (TTM)
$234.13M
+18.7% vs year-ago TTM
Free cash flow (TTM)
$-82.00M
-291.6% vs year-ago TTM
EPS
—
Dividend per share
$0.05
Shares outstanding
—
Net cash
$-261.91M
as of Jun 30, 2026
Operating margin
3.5%
FY 2026
Company profile
- Industry
- Oil & Gas Field Services, NEC (SIC 1389)
- Listed as
- WTTR (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Gainesville, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1693256
- Former names
- Select Energy Services, Inc. (until May 9, 2023)
Other Oil & Gas Field Services, NEC companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.5B | $1.6B | $1.4B | $764.6M |
| Operating income | $28.8M | $54.5M | $61.2M | $39.2M | -$65.5M |
| Net income | $21.2M | $30.6M | $74.4M | $48.3M | -$42.2M |
| Operating cash flow | $214.7M | $234.9M | $285.4M | $33.2M | -$16.2M |
| Free cash flow | -$79.9M | $61.7M | $149.5M | -$38.7M | -$56.2M |
| Total assets | $1.6B | $1.4B | $1.2B | $1.2B | $950.2M |
| Total liabilities | $668.5M | $450.7M | $326.0M | $339.1M | $255.0M |
| Stockholders' equity | $805.6M | $793.5M | $772.5M | $766.0M | $592.1M |
| Cash and investments | $18.1M | $20.0M | $57.1M | $7.3M | $85.8M |
| Total debt | $358.2M | $133.1M | $53.5M | $80.2M | $67.3M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Agreement ended, Acquisition or sale of assets, New debt, Unregistered share sale, Regulation FD disclosure, Other events
|
Nov 2, 2026 | Nov 2, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Oct 21, 2026 | Oct 21, 2026 |
| 8-K |
Current report
Other events
|
Oct 16, 2026 | Oct 14, 2026 |
| 8-K |
Current report
Material agreement, Results of operations, Regulation FD disclosure, Other events
|
Oct 13, 2026 | Oct 13, 2026 |
| 8-K |
Current report
Material agreement, Unregistered share sale, Regulation FD disclosure, Other events
|
Sep 24, 2026 | Sep 24, 2026 |
| 10-Q | Quarterly report | Aug 5, 2026 | Jun 30, 2026 |
All 686 Select Water Solutions, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.