
Select Energy Services Income Statement 2025-2011 | WTTR
Brief overview of revenue and earnings at Select Energy Services
The figures are compared over a five-year interval. Select Energy Services reported revenue of $605 million in 2020 and $1.4 billion by 2025. The cumulative result was +132.6%, corresponding to roughly 18.4% per year. Revenue followed a strong upward trend without signs of stagnation.
The five-year change in gross profit reached +791.6%: from −29.3 million dollars to 202 million dollars. Cost of revenue developed more favorably than sales, supporting gross profitability. Gross margin moved from −4.8% to 14.4%. A wider margin shows that the economics of the core business improved.
Over the period, EBITDA shifted from −$293 million to $34.1 million, a change of +111.6%. EBITDA underperformed the top-line trend. At the operating-margin level, the figure shifted from −48.4% to 2.4%. Higher profitability strengthens the quality of operating growth.
Net income moved from −339 million dollars at the start to 21.2 million dollars at the end. The trajectory reversed from a loss to positive earnings.
Summary assessment
The financial profile remains mixed, with strengths and risks moving in different directions. Key strengths include better sales economics, a stronger final result and sales growth. The overall view is constrained by a narrow EBITDA buffer. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.
Annual Income Statement Select Energy Services
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
- | - | - | - | - | - | 658 M | 922 M | 600 M | - | - | - | - | - | - |
Shares |
- | - | - | - | - | - | 92.8 M | 106 M | 33 M | - | - | - | - | - | - |
Historical Prices |
8.2 | 10.6 | 7.34 | 7.13 | 8.28 | 6.32 | 6.5 | 10.1 | 14.4 | - | - | - | - | - | - |
Net Income |
21.2 M | 30.6 M | 74.4 M | 48.3 M | -42.2 M | -339 M | 2.78 M | 36.5 M | -16.8 M | -1.04 M | - | - | - | - | - |
Revenue |
1.41 B | 1.45 B | 1.59 B | 1.39 B | 765 M | 605 M | 1.29 B | 1.53 B | 692 M | 302 M | 536 M | - | - | - | - |
Cost of Revenue |
1.2 B | 1.23 B | 1.35 B | 1.23 B | 744 M | 634 M | 1.14 B | 1.33 B | 635 M | 347 M | 523 M | - | - | - | - |
Gross Profit |
202 M | 219 M | 232 M | 161 M | 20.9 M | -29.3 M | 149 M | 198 M | 57.8 M | -44.1 M | 12.2 M | - | - | - | - |
Operating Income |
28.8 M | 54.5 M | 61.2 M | 39.2 M | -65.5 M | -395 M | 23.1 M | 61.7 M | -30 M | -299 M | -68.8 M | - | - | - | - |
Interest Expense |
-1.14 M | -573 K | 4.39 M | 2.7 M | 1.71 M | 2.14 M | 2.69 M | 5.31 M | 6.63 M | 16.1 M | 13.7 M | - | - | - | - |
EBITDA |
34.1 M | 57.9 M | 63.5 M | 155 M | 26.9 M | -293 M | 35 M | 91.4 M | -28.2 M | -78.8 M | -44.3 M | - | - | - | - |
Operating Expenses |
174 M | 165 M | 170 M | 122 M | 86.4 M | 366 M | 118 M | 110 M | 87.8 M | 36.7 M | 59.7 M | - | - | - | - |
General and Administrative Expenses |
161 M | 160 M | 156 M | 119 M | 83.1 M | 74.4 M | 112 M | 103 M | 82.4 M | 54.1 M | 56.5 M | - | - | - | - |
All numbers in USD currency
Quarterly Income Statement Select Energy Services
| 2026-Q2 | 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 40.3 M | 40.3 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
21 M | 8.61 M | 2.68 M | 10.6 M | 8.24 M | 15.8 M | 12.9 M | 3.62 M | 14.3 M | 20.1 M | 12.3 M | - | 21.3 M | 12.5 M | 6.8 M | - | -12 M | -16.6 M | -23.1 M | -18 M | -30.5 M | -44.3 M | -246 M | -9.93 M | 5.38 M | 6.2 M | 1.14 M | -13.5 M | 23 M | 17 M | 10.1 M | -9.65 M | 1.22 M | -4.22 M | -4.17 M | -1.04 M | -285 M | -250 M | -25.3 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
396 M | 366 M | 322 M | 364 M | 374 M | 371 M | 365 M | 367 M | 389 M | 405 M | 417 M | - | 375 M | 336 M | 295 M | - | 205 M | 161 M | 144 M | 133 M | 101 M | 92.2 M | 278 M | 276 M | 329 M | 324 M | 363 M | 362 M | 397 M | 393 M | 376 M | 304 M | 154 M | 134 M | 99.9 M | 86.7 M | 73.9 M | 62.9 M | 78.8 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
319 M | 301 M | 279 M | 306 M | 319 M | 309 M | 305 M | 314 M | 333 M | 343 M | 357 M | - | 316 M | 300 M | 270 M | - | 196 M | 163 M | 148 M | - | 118 M | 116 M | 263 M | - | 288 M | 284 M | 317 M | - | 338 M | 337 M | 328 M | - | 134 M | 122 M | 100 M | - | 82.9 M | 80.2 M | 90.8 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
76.8 M | 65.3 M | 43.6 M | 57.8 M | 55.8 M | 62.4 M | 60.2 M | 52.7 M | 56.3 M | 61.2 M | 59.7 M | - | 58.8 M | 35.7 M | 24.7 M | - | 8.98 M | -1.64 M | -4.4 M | -3.94 M | -16.9 M | -23.7 M | 15.3 M | 21.8 M | 41 M | 39.9 M | 46 M | 34.4 M | 59.4 M | 56.7 M | 47.9 M | 26.3 M | 19.5 M | 12.3 M | -242 K | -5.92 M | -8.97 M | -17.3 M | -11.9 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
34.3 M | 18 M | -1.77 M | 15.4 M | 15.5 M | 24.5 M | 20.4 M | 7 M | 16.8 M | 25.7 M | 12 M | - | 28.4 M | 8.28 M | -4.29 M | - | -13.8 M | -18.4 M | -25 M | -21.9 M | -34.2 M | -47.8 M | -291 M | -7.21 M | 12.5 M | 11.2 M | 6.63 M | -14 M | 32.3 M | 24.8 M | 18.6 M | -8.04 M | 2.46 M | -11.9 M | -12.5 M | -21.3 M | -31.3 M | -225 M | -21.6 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
5 K | -311 K | -2.28 M | 92 K | 329 K | -78 K | 42 K | 1.27 M | 765 K | 2.04 M | 1.48 M | - | 616 K | 494 K | 720 K | - | 419 K | 400 K | 435 K | - | 789 K | 513 K | 331 K | - | 438 K | 839 K | 1.09 M | - | 1.32 M | 1.34 M | 1.15 M | - | 484 K | 671 K | 730 K | - | 4.34 M | 4.08 M | 3.37 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
82.8 M | 64.8 M | 43.1 M | 58.4 M | 55.1 M | 64.1 M | 58.6 M | 45.2 M | 51.9 M | 61.7 M | 45.5 M | - | 55.6 M | 38.1 M | 22.8 M | - | 9.69 M | 3.27 M | -2.74 M | -21.9 M | -9.65 M | -21.5 M | -264 M | -7.21 M | 41.7 M | 40.9 M | 39.2 M | 13.5 M | 65.1 M | 56 M | 50 M | -8.04 M | 26.3 M | 11.1 M | 9.14 M | -21.3 M | -9.29 M | -198 M | 5.22 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
42.5 M | 47.3 M | 45.3 M | 42.3 M | 40.2 M | 37.9 M | 39.8 M | 45.7 M | 39.5 M | 35.4 M | 47.7 M | - | 30.4 M | 27.4 M | 29 M | - | 22.8 M | 16.7 M | 20.6 M | - | 17.3 M | 24.1 M | 306 M | - | 28.5 M | 28.8 M | 39.4 M | - | 27.1 M | 31.9 M | 29.3 M | - | 17.1 M | 24.2 M | 12.3 M | - | 22.3 M | 208 M | 9.61 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
41.2 M | 40.6 M | 41.7 M | 38.9 M | 37.4 M | 37.3 M | 39 M | 44 M | 39 M | 34.3 M | 35.8 M | - | 29.8 M | 26.7 M | 28.3 M | - | 22 M | 15.9 M | 19.9 M | - | 16 M | 17.7 M | 25.3 M | - | 27.3 M | 27.3 M | 32.4 M | - | 25.1 M | 26.9 M | 25.7 M | - | 16.1 M | 23.3 M | 9.96 M | - | 8.76 M | 8.18 M | 8.98 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Select Energy Services (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.