SELECT ENERGY SERVICES, INC.

EDGAR

Annual consolidated revenue for 2025: about Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 1.407B, using the latest reported figures. The previous period, 2024, was about Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 1.452B.

Watchlist

Latest quarter

Revenue

396 million Unit_Standard_USD_bf3wOAHEsU2Lv3qeQ3TRZw

2026 Q2 · Unit_Standard_USD_bf3wOAHEsU2Lv3qeQ3TRZw

Exact inputs and evidence
  • Revenue: 395807000 Unit_Standard_USD_bf3wOAHEsU2Lv3qeQ3TRZw Source

Operating margin

8.68%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: 34344000 Unit_Standard_USD_bf3wOAHEsU2Lv3qeQ3TRZw Source
  • Revenue: 395807000 Unit_Standard_USD_bf3wOAHEsU2Lv3qeQ3TRZw Source
Cash and cash equivalents
33.4 million Unit_Standard_USD_bf3wOAHEsU2Lv3qeQ3TRZw Source
Exact value

33396000 Unit_Standard_USD_bf3wOAHEsU2Lv3qeQ3TRZw

Long-term debt including current maturities
263 million Unit_Standard_USD_bf3wOAHEsU2Lv3qeQ3TRZw Source
Exact value

262938000 Unit_Standard_USD_bf3wOAHEsU2Lv3qeQ3TRZw

Shares outstanding
40.3 million Unit1 Source
Exact value

40331989 Unit1

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-21.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2025-12-31
  • Operating income: 3 of 11 periods available· newest 2025-12-31
  • Net income: 3 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 3 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 3 of 11 periods available· newest 2025-12-31
  • Total assets: Multiple units; comparison withheld· newest 2025-12-31
  • Total liabilities: Multiple units; comparison withheld· newest 2025-12-31
  • Current assets: Multiple units; comparison withheld· newest 2025-12-31
  • Current liabilities: Multiple units; comparison withheld· newest 2025-12-31
  • Cash and cash equivalents: Multiple units; comparison withheld· newest 2025-12-31
  • Long-term debt including current maturities: 1 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 1 of 11 periods available· newest 2017-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -3.1%

    Prior period

    Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 1.45 billion

    –

    Current period

    Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 1.41 billion

    –

    Exact inputs and evidence

    1407344000 − 1452075000 = -44731000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

    1452075000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    1407344000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg · 2025-01-01 – 2025-12-31

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  • Net income

    -30.7%

    Prior period

    Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 30.64 million

    –

    Current period

    Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 21.22 million

    –

    Exact inputs and evidence

    21223000 − 30644000 = -9421000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

    30644000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg · 2024-01-01 – 2024-12-31

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    21223000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    -8.6%

    Prior period

    Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 234.89 million

    –

    Current period

    Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 214.67 million

    –

    Exact inputs and evidence

    214673000 − 234886000 = -20213000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

    234886000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg · 2024-01-01 – 2024-12-31

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    214673000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +70.1%

    Prior period

    Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 173.15 million

    –

    Current period

    Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 294.56 million

    –

    Exact inputs and evidence

    294562000 − 173153000 = 121409000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

    173153000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    294562000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 1.41 billion 100% of revenue
  • Cost of revenue Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 1.2 billion 86% of revenue
  • Operating expenses Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 173.59 million 12% of revenue
  • Operating income Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 28.81 million 2% of revenue
  • Tax, interest and other Derived Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 7.58 million 0.5% of revenue
  • Net income Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 21.22 million 1.5% of revenue

Cash

  • Operating cash flow Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 214.67 million 15% of revenue
  • Capital expenditure Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 294.56 million 21% of revenue
  • Free cash flow Derived −Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 79.89 million −5.7% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2023 Net income was higher than operating income, so the split is not drawn.
  • 2024 96%
  • 2025 98%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2023 2023-01-01 – 2023-12-311585353000 1524164000 Derived 61189000 -13214000 Derived 74403000 149489000 Derived
Source
2024 2024-01-01 – 2024-12-311452075000 1397586000 Derived 54489000 23845000 Derived 30644000 61733000 Derived
Source
2025 2025-01-01 – 2025-12-311407344000 1378538000 Derived 28806000 7583000 Derived 21223000 -79889000 Derived
Source

Amounts are exact, in Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 1.4B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.7B1.3B856.1M428.0M0.0202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg)Source evidence
2023Revenue1585353000
2024Revenue1452075000
2025Revenue1407344000

Revenue growth

Change in revenue from the same financial period one year earlier.

-3.1% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.0.7%-1.8%-4.2%-6.6%-9.1%202320242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2023Year over yearNo prior comparable period
2024Year over year-8.4%
2025Year over year-3.1%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 2% 2025
Net margin 1.5% 2025
Free cash flow margin -5.7% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.10.6%6.3%1.9%-2.5%-6.9%202320242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2023Operating margin3.9%
2024Operating margin3.8%
2025Operating margin2%
2023Net margin4.7%
2024Net margin2.1%
2025Net margin1.5%
2023Free cash flow margin9.4%
2024Free cash flow margin4.3%
2025Free cash flow margin-5.7%

Operating cash flow

Cash generated by the company’s normal business operations.

Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 214.7M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.308.2M231.1M154.1M77.0M0.0202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg)Source evidence
2023Operating cash flow285355000
2024Operating cash flow234886000
2025Operating cash flow214673000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg -79.9M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.167.8M101.3M34.8M-31.7M-98.2M202320242025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg)Source evidence
2023Free cash flow149489000
2024Free cash flow61733000
2025Free cash flow-79889000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2023-12-31Liabilities / assetsNot reportedNo source recorded
2024-12-31Liabilities / assetsNot reportedNo source recorded
2025-12-31Liabilities / assetsNot reportedNo source recorded

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024-12-31Current assets / current liabilitiesNot reportedNo source recorded
2025-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2023 2023-01-01 – 2023-12-31
Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 74.4 million
Exact value

Exact value: 74403000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

2023-01-01 – 2023-12-31: 74403000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg Inspect Net Income Open source
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Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 285.36 million
Exact value

Exact value: 285355000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

2023-01-01 – 2023-12-31: 285355000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg Inspect Operating Cash Flow Open source
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Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 135.87 million
Exact value

Exact value: 135866000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

2023-01-01 – 2023-12-31: 135866000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg Inspect Capital Expenditure Open source
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Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 149.49 million
Calculation and evidence

285355000 − 135866000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

Exact free cash flow: 149489000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

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2024 2024-01-01 – 2024-12-31
Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 30.64 million
Exact value

Exact value: 30644000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

2024-01-01 – 2024-12-31: 30644000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg Inspect Net Income Open source
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Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 234.89 million
Exact value

Exact value: 234886000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

2024-01-01 – 2024-12-31: 234886000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg Inspect Operating Cash Flow Open source
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Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 173.15 million
Exact value

Exact value: 173153000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

2024-01-01 – 2024-12-31: 173153000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg Inspect Capital Expenditure Open source
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Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 61.73 million
Calculation and evidence

234886000 − 173153000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

Exact free cash flow: 61733000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

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2025 2025-01-01 – 2025-12-31
Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 21.22 million
Exact value

Exact value: 21223000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

2025-01-01 – 2025-12-31: 21223000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg Inspect Net Income Open source
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Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 214.67 million
Exact value

Exact value: 214673000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

2025-01-01 – 2025-12-31: 214673000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg Inspect Operating Cash Flow Open source
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Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 294.56 million
Exact value

Exact value: 294562000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

2025-01-01 – 2025-12-31: 294562000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg Inspect Capital Expenditure Open source
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−Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg 79.89 million
Calculation and evidence

214673000 − 294562000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

Exact free cash flow: -79889000 Unit_Standard_USD_lFaXNZ0-YkK_upxQgFctdg

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

56 filings · 7,273 latest values · 7,273 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001693256, 1693256, WTTR, edgar:1693256

Also known as SELECT ENERGY SERVICES, INC., SELECT ENERGY SERVICES, INC., SELECT WATER SOLUTIONS, INC., SELECT WATER SOLUTIONS, INC., Select Energy Services, Inc., Select Energy Services, Inc., Select Water Solutions, Inc., Select Water Solutions, Inc.