Select Water Solutions, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Select Water Solutions, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2018 | Dec 31, 2018 | $362.32M | Mar 1, 2019 |
| FY2018 | Sep 30, 2018 | $396.97M | Mar 1, 2019 |
| FY2018 | Jun 30, 2018 | $393.25M | Mar 1, 2019 |
| FY2018 | Mar 31, 2018 | $376.40M | Mar 1, 2019 |
| FY2018 | Dec 31, 2017 | $304.24M | Mar 1, 2019 |
| FY2018 | Sep 30, 2017 | $153.88M | Mar 1, 2019 |
| FY2018 | Jun 30, 2017 | $134.45M | Mar 1, 2019 |
| FY2018 | Mar 31, 2017 | $99.93M | Mar 1, 2019 |
| FY2017 | Dec 31, 2016 | $86.73M | Mar 19, 2018 |
| FY2017 | Sep 30, 2016 | $73.91M | Mar 19, 2018 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.41B | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $1.45B | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $1.59B | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | $1.39B | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | $764.62M | Feb 21, 2024 |
| FY2020 | Dec 31, 2020 | $133.34M | Feb 24, 2021 |
| FY2020 | Sep 30, 2020 | $101.24M | Feb 24, 2021 |
| FY2020 | Jun 30, 2020 | $92.24M | Feb 24, 2021 |
| FY2020 | Mar 31, 2020 | $278.29M | Feb 24, 2021 |
| FY2020 | Dec 31, 2019 | $276.09M | Feb 24, 2021 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $202.40M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $219.47M | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $231.66M | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | $160.76M | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | $20.86M | Feb 21, 2024 |
| FY2020 | Dec 31, 2020 | ($3.94M) | Feb 24, 2021 |
| FY2020 | Sep 30, 2020 | ($16.90M) | Feb 24, 2021 |
| FY2020 | Jun 30, 2020 | ($23.72M) | Feb 24, 2021 |
| FY2020 | Mar 31, 2020 | $15.30M | Feb 24, 2021 |
| FY2020 | Dec 31, 2019 | $21.81M | Feb 24, 2021 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $21.22M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $30.64M | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $74.40M | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | $48.28M | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | ($42.23M) | Feb 21, 2024 |
| FY2020 | Dec 31, 2020 | ($17.98M) | Feb 24, 2021 |
| FY2020 | Sep 30, 2020 | ($30.54M) | Feb 24, 2021 |
| FY2020 | Jun 30, 2020 | ($44.30M) | Feb 24, 2021 |
| FY2020 | Mar 31, 2020 | ($245.86M) | Feb 24, 2021 |
| FY2020 | Dec 31, 2019 | ($9.93M) | Feb 24, 2021 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $28.81M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $54.49M | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $61.19M | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | $39.16M | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | ($65.54M) | Feb 21, 2024 |
| FY2020 | Dec 31, 2020 | ($21.93M) | Feb 24, 2021 |
| FY2020 | Sep 30, 2020 | ($34.21M) | Feb 24, 2021 |
| FY2020 | Jun 30, 2020 | ($47.81M) | Feb 24, 2021 |
| FY2020 | Mar 31, 2020 | ($290.83M) | Feb 24, 2021 |
| FY2020 | Dec 31, 2019 | ($7.21M) | Feb 24, 2021 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $161.32M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $159.98M | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $155.55M | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | $118.94M | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | $83.08M | Feb 21, 2024 |
| FY2022 | Dec 31, 2020 | $74.36M | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | $111.62M | Feb 23, 2022 |
| FY2020 | Dec 31, 2018 | $103.16M | Feb 24, 2021 |
| FY2019 | Dec 31, 2017 | $82.40M | Feb 25, 2020 |
| FY2018 | Dec 31, 2016 | $34.64M | Mar 1, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $214.67M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $234.89M | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $285.36M | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | $33.23M | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | ($16.25M) | Feb 21, 2024 |
| FY2022 | Dec 31, 2020 | $105.81M | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | $203.95M | Feb 23, 2022 |
| FY2020 | Dec 31, 2018 | $232.41M | Feb 24, 2021 |
| FY2019 | Dec 31, 2017 | ($2.90M) | Feb 25, 2020 |
| FY2018 | Dec 31, 2016 | $5.13M | Mar 1, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $294.56M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $173.15M | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $135.87M | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | $71.88M | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | $39.99M | Feb 21, 2024 |
| FY2022 | Dec 31, 2020 | $21.24M | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | $110.14M | Feb 23, 2022 |
| FY2020 | Dec 31, 2018 | $165.36M | Feb 24, 2021 |
| FY2019 | Dec 31, 2017 | $98.72M | Feb 25, 2020 |
| FY2018 | Dec 31, 2016 | $36.29M | Mar 1, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.60B | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $1.37B | Feb 18, 2026 |
| FY2024 | Dec 31, 2023 | $1.22B | Feb 19, 2025 |
| FY2023 | Dec 31, 2022 | $1.22B | Feb 21, 2024 |
| FY2022 | Dec 31, 2021 | $950.19M | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $875.36M | Feb 23, 2022 |
| FY2020 | Dec 31, 2019 | $1.35B | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $1.36B | Feb 25, 2020 |
| FY2018 | Dec 31, 2017 | $1.36B | Mar 1, 2019 |
| FY2017 | Dec 31, 2016 | $405.07M | Mar 19, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $668.55M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $450.75M | Feb 18, 2026 |
| FY2024 | Dec 31, 2023 | $326.02M | Feb 19, 2025 |
| FY2023 | Dec 31, 2022 | $339.13M | Feb 21, 2024 |
| FY2022 | Dec 31, 2021 | $255.02M | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $169.48M | Feb 23, 2022 |
| FY2020 | Dec 31, 2019 | $234.81M | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $249.83M | Feb 25, 2020 |
| FY2018 | Dec 31, 2017 | $293.00M | Mar 1, 2019 |
| FY2017 | Dec 31, 2016 | $70.36M | Mar 19, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $805.62M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $793.52M | Feb 18, 2026 |
| FY2024 | Dec 31, 2023 | $772.49M | Feb 19, 2025 |
| FY2023 | Dec 31, 2022 | $765.98M | Feb 21, 2024 |
| FY2022 | Dec 31, 2021 | $592.10M | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $593.06M | Feb 23, 2022 |
| FY2020 | Dec 31, 2019 | $937.18M | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $832.93M | Feb 25, 2020 |
| FY2018 | Dec 31, 2017 | $656.65M | Mar 1, 2019 |
| FY2017 | Dec 31, 2016 | $112.72M | Mar 19, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $48.49M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $18.22M | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $4.68M | Feb 18, 2026 |
| FY2022 | Dec 31, 2019 | $266.93M | Feb 22, 2023 |
| FY2020 | Dec 31, 2018 | $273.80M | Feb 24, 2021 |
| FY2019 | Dec 31, 2017 | $273.42M | Feb 25, 2020 |
| FY2018 | Dec 31, 2016 | $12.24M | Mar 1, 2019 |
| FY2017 | Dec 31, 2015 | $150.77M | Mar 19, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($184.92M) | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | ($206.15M) | Feb 18, 2026 |
| FY2024 | Dec 31, 2023 | ($236.79M) | Feb 19, 2025 |
| FY2023 | Dec 31, 2022 | ($311.19M) | Feb 21, 2024 |
| FY2022 | Dec 31, 2021 | ($359.47M) | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | ($317.25M) | Feb 23, 2022 |
| FY2020 | Dec 31, 2019 | $21.44M | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $18.65M | Feb 25, 2020 |
| FY2018 | Dec 31, 2017 | ($17.86M) | Mar 1, 2019 |
| FY2017 | Dec 31, 2016 | ($1.04M) | Mar 19, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $18.08M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $19.98M | Feb 18, 2026 |
| FY2024 | Dec 31, 2023 | $57.08M | Feb 19, 2025 |
| FY2023 | Dec 31, 2022 | $7.32M | Feb 21, 2024 |
| FY2022 | Dec 31, 2021 | $85.80M | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $169.04M | Feb 23, 2022 |
| FY2020 | Dec 31, 2019 | $79.27M | Feb 24, 2021 |
| FY2020 | Dec 31, 2018 | $17.24M | Feb 24, 2021 |
| FY2020 | Dec 31, 2017 | $2.77M | Feb 24, 2021 |
| FY2018 | Dec 31, 2016 | $40.04M | Mar 1, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $320.00M | Feb 18, 2026 |
| FY2024 | Dec 31, 2024 | $85.00M | Feb 19, 2025 |
| FY2024 | Dec 31, 2023 | $0 | Feb 19, 2025 |
| FY2022 | Dec 31, 2022 | $16.00M | Feb 22, 2023 |