Select Energy Services logo
Select Energy Services WTTR
$ 20.06 2.02%
report update icon

Quarterly report 2026-Q2
added 08-05-2026

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.

Reports on the profits and losses of other stocks in the Oil gas equipment industry

Issuer Price % 24h Market Cap Country
Archrock Archrock
AROC
$ 32.69 0.4 % $ 5.7 B usaUSA
Dril-Quip Dril-Quip
DRQ
- -3.51 % $ 527 M usaUSA
Cenovus Energy Cenovus Energy
CVE
$ 32.37 0.03 % $ 58.6 B canadaCanada
Helix Energy Solutions Group Helix Energy Solutions Group
HLX
$ 10.6 2.91 % $ 1.57 B usaUSA
Adams Resources & Energy Adams Resources & Energy
AE
- - $ 96.3 M usaUSA
Frank's International N.V. Frank's International N.V.
FI
- 7.14 % $ 120 M usaUSA
Seacor Holdings Inc. Seacor Holdings Inc.
CKH
- 0.22 % $ 851 M usaUSA
Cypress Environmental Partners, L.P. Cypress Environmental Partners, L.P.
CELP
- - $ 6.04 M usaUSA
FTS International, Inc. FTS International, Inc.
FTSI
- -0.61 % $ 366 M usaUSA
ION Geophysical Corporation ION Geophysical Corporation
IO
- -6.68 % $ 10.4 M usaUSA
ChampionX Corporation ChampionX Corporation
CHX
- - $ 4.92 B usaUSA
Solaris Oilfield Infrastructure Solaris Oilfield Infrastructure
SOI
- -0.88 % $ 498 M usaUSA
PetroChina Company Limited PetroChina Company Limited
PTR
- -0.51 % $ 140 B chinaChina
RigNet, Inc. RigNet, Inc.
RNET
- -2.24 % $ 202 M usaUSA
China Petroleum & Chemical Corporation China Petroleum & Chemical Corporation
SNP
- - $ 550 B chinaChina
TOTAL SE TOTAL SE
TOT
- - $ 128 B franceFrance
Exterran Corporation Exterran Corporation
EXTN
- - $ 153 M usaUSA
Gulf Island Fabrication Gulf Island Fabrication
GIFI
- - $ 186 M usaUSA
Dawson Geophysical Company Dawson Geophysical Company
DWSN
$ 3.65 0.55 % $ 113 M usaUSA
MRC Global MRC Global
MRC
- - - usaUSA
U.S. Silica Holdings U.S. Silica Holdings
SLCA
- -0.06 % $ 1.19 B usaUSA
NexTier Oilfield Solutions NexTier Oilfield Solutions
NEX
- - $ 2.58 B usaUSA
Nine Energy Service Nine Energy Service
NINE
- - $ 17.9 M usaUSA
Liberty Oilfield Services Liberty Oilfield Services
LBRT
$ 20.59 1.48 % $ 3.33 B usaUSA
Profire Energy Profire Energy
PFIE
- - $ 120 M usaUSA
Newpark Resources Newpark Resources
NR
- -4.59 % $ 628 M usaUSA
Superior Drilling Products Superior Drilling Products
SDPI
- - $ 30 M usaUSA
North American Construction Group Ltd. North American Construction Group Ltd.
NOA
$ 13.35 0.07 % $ 383 M canadaCanada
Petróleo Brasileiro S.A. - Petrobras Petróleo Brasileiro S.A. - Petrobras
PBR
$ 20.12 0.91 % $ 646 B brasilBrasil
Recon Technology, Ltd. Recon Technology, Ltd.
RCON
$ 1.43 1.3 % $ 13 M chinaChina
Forum Energy Technologies Forum Energy Technologies
FET
$ 80.29 0.54 % $ 954 M usaUSA
Matrix Service Company Matrix Service Company
MTRX
$ 10.62 0.66 % $ 300 M usaUSA
Natural Gas Services Group Natural Gas Services Group
NGS
$ 36.33 1.14 % $ 456 M usaUSA
Core Laboratories N.V. Core Laboratories N.V.
CLB
$ 12.54 0.08 % $ 581 M niderlandNiderland
NOV NOV
NOV
$ 21.39 0.09 % $ 7.96 B usaUSA
Schlumberger Limited Schlumberger Limited
SLB
$ 57.51 0.13 % $ 81.7 B franceFrance
RPC RPC
RES
$ 6.5 0.46 % $ 1.38 B usaUSA
Mammoth Energy Services Mammoth Energy Services
TUSK
$ 3.12 0.32 % $ 151 M usaUSA
Target Hospitality Corp. Target Hospitality Corp.
TH
$ 19.52 5.29 % $ 1.94 B usaUSA
USA Compression Partners, LP USA Compression Partners, LP
USAC
$ 27.27 0.33 % $ 3.95 B usaUSA
Tidewater Tidewater
TDW
$ 94.26 4.65 % $ 4.72 B usaUSA
Smart Sand Smart Sand
SND
$ 5.32 0.19 % $ 208 M usaUSA
TETRA Technologies TETRA Technologies
TTI
$ 6.91 4.68 % $ 920 M usaUSA
Suncor Energy Suncor Energy
SU
$ 67.33 0.01 % $ 82.1 B canadaCanada
Sasol Limited Sasol Limited
SSL
$ 12.27 1.85 % $ 7.83 B south-africaSouth-africa
Eni S.p.A. Eni S.p.A.
E
$ 53.58 0.09 % $ 162 B italiaItalia
National Energy Services Reunited Corp. National Energy Services Reunited Corp.
NESR
$ 34.75 0.72 % $ 3.42 B usaUSA
Tenaris S.A. Tenaris S.A.
TS
$ 56.45 0.25 % $ 59.6 B luxembourgLuxembourg
Exxon Mobil Corporation Exxon Mobil Corporation
XOM
$ 159.47 0.49 % $ 687 B usaUSA