Select Water Solutions, Inc. (WTTR)
Select Water Solutions, Inc. brought in $1.5B of revenue over the twelve months to September 30, 2026, up 7.8% from a year earlier. Net income was $49.9M, a net margin of 3.3%. In fiscal 2025 capital spending exceeded operating cash flow by $79.9M. At September 30, 2026 it held $34.1M in cash against $247.2M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 9, 2026.
Key facts about Select Water Solutions, Inc.
- Net worth
- Select Water Solutions, Inc. has a market value (market cap) of $2.1B at the latest share price, and shareholders' equity of $1.1B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $1.4B (-3.1% year on year), with net income of $21.2M. Over the 12 months to September 30, 2026: revenue $1.5B, net income $49.9M.
- Cash flow
- In fiscal 2025 operations brought in $214.7M of cash; after $294.6M of capital spending, free cash flow was -$79.9M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 9, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Select Water Solutions, Inc.'s next report is expected around February 16, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Select Water Solutions, Inc. does
Select Water Solutions, Inc. is registered with the SEC under industry code SIC 1389 (Oil & Gas Field Services, NEC). Its shares trade on NYSE under the ticker WTTR.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $1.4B | $21.2M | n/a | -$79.9M |
| 2024 | $1.5B | $30.6M | n/a | $61.7M |
| 2023 | $1.6B | $74.4M | n/a | $149.5M |
| 2022 | $1.4B | $48.3M | n/a | -$38.7M |
| 2021 | $764.6M | -$42.2M | n/a | -$56.2M |
| 2020 | $605.1M | -$338.7M | n/a | $84.6M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where WTTR ranks in Energy
Dividends
It paid out $33.7M in cash dividends, 159% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $33.7M | 159% |
| 2024 | n/a | $29.7M | 97% |
| 2023 | n/a | $24.9M | 33% |
| 2022 | $0.05 | $6M | 12% |
Latest SEC filings
What Select Water Solutions, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 28% to $412.2M versus the same quarter last year; net income rose 668% to $20.6M.
- November 9, 2026
- November 5, 2026Passive stake (5% or more) SCHEDULE 13G
- November 2, 2026
- October 21, 2026
- October 16, 2026Other event 8-K
- October 13, 2026
- October 8, 2026Passive stake changed SCHEDULE 13G/A
- September 24, 2026Material agreement8-KSelect Water Solutions agreed to acquire Pilot Water Solutions for $700 million plus potential contingent consideration.
- August 14, 2026Passive stake changed SCHEDULE 13G/A
Insider trades
What the people running Select Water Solutions, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 1 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 15, 2026 | Lyons Michael JamesEVP, CSO & CTO | Shares withheld for tax | 1,844 | $38.5K |
| July 16, 2026 | Schmitz JohnPresident & CEO, Director | Received as pay | 250,000 | - |
| July 2, 2026 | George Christopher KileEVP & CFO | Shares withheld for tax | 730 | $13.1K |
| May 19, 2026 | Crestview Partners II GP, L.P.10% owner | Soldindirect | 617,240 | $11.7M |
| May 19, 2026 | Crestview Partners II GP, L.P.10% owner | Exercised optionsindirect | 2,632,760 | - |
| May 19, 2026 | Crestview Partners II GP, L.P.10% owner | Other changeindirect | 2,632,760 | - |
| May 19, 2026 | Crestview Partners II GP, L.P.10% owner | Soldindirect | 2,632,760 | $49.8M |
| May 15, 2026 | Burnett Richard AlanDirector | Sold | 45,316 | $849.2K |
Who owns WTTR
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Fmr LLC13G, passive with 1 related filers | 7.3% | November 5, 2026 |
| Crestview Partners II GP, L.P.13G, passive with 3 related filers | 6.3% | August 14, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 266 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 11,687,275 | +2,084,304 |
| Franklin Resources Inc | 11,207,094 | +334,695 |
| Dimensional Fund Advisors LP | 6,519,388 | -30,921 |
| Vanguard Capital Management LLC | 5,206,877 | +264,323 |
| American Century Companies Inc | 4,165,082 | +158,091 |
| Wellington Management Group Llp | 3,855,291 | -127,786 |
| State Street Corp | 3,815,297 | +480,192 |
| Deprince Race & Zollo Inc | 3,447,087 | -70,076 |
| Geode Capital Management, LLC | 3,262,249 | +754,639 |
| Merewether Investment Management, LP | 2,955,888 | +66,888 |
| Fmr LLC | 2,721,945 | +2,648,538 |
| Crestview Partners II GP, L.P. | 2,615,972 | -1,283,223 |
| Van Eck Associates Corp | 2,584,256 | -624,052 |
| Victory Capital Management Inc | 2,382,790 | -342,621 |
| Webs Creek Capital Management LP | 2,015,969 | -562,421 |
| Vanguard Portfolio Management LLC | 1,955,499 | +472,975 |
| Alliancebernstein L.P. | 2,467,487 | -294,723 |
| Royce & Associates LP | 1,812,157 | -268,239 |
| Nuveen, LLC | 1,789,160 | +1,603,223 |
| Charles Schwab Investment Management Inc | 1,592,514 | -35,802 |
Insiders
14 insiders reported holding 13,729,575 shares in total, about $207M at the last price.
| Holder | Shares |
|---|---|
| Crestview Partners II GP, L.P.10% owner | 11,158,10111,158,101 held indirectly |
| Schmitz JohnPresident & CEO, Director | 801,686265,250 held indirectly |
| Ortowski CodyEVP, Business Strategy | 419,087 |
| Skarke MichaelEVP & COO | 360,738 |
| George Christopher KileEVP & CFO | 340,275 |
| Lyons Michael JamesEVP, CSO & CTO | 142,751 |
| Szymanski BrianChief Accounting Officer | 114,752 |
| Burleson GayleDirector | 95,214 |
| Fernandez-Moreno Luis MDirector | 78,652 |
| Burnett Richard AlanDirector | 71,578 |
Questions about WTTR
What does Select Water Solutions, Inc. do?
Select Water Solutions, Inc. is a company in the Energy sector, listed on NYSE as WTTR. Its shares trade on NYSE under the ticker WTTR.
What is Select Water Solutions, Inc.'s net worth?
Select Water Solutions, Inc. has a market value (market cap) of $2.1B at the latest share price, and shareholders' equity of $1.1B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Select Water Solutions, Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $49.9M on revenue of $1.5B, a net margin of 3.3%.
How much revenue does Select Water Solutions, Inc. make?
Over the twelve months to September 30, 2026 Select Water Solutions, Inc. reported revenue of $1.5B. That is 7.8% more than a year earlier.
When did Select Water Solutions, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 9, 2026. It covers the period to September 30, 2026.
When is Select Water Solutions, Inc.'s next earnings report?
Select Water Solutions, Inc.'s next report is expected around February 16, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Select Water Solutions, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.