Select Water Solutions Revenue Drops to $1.4B

By Chris Stiles • Wednesday, February 18 11:52 • Permanent Link

Select Water Solutions, Inc. has released its financial and operational results for the fourth quarter and full year 2025, along with strategic updates. The company generated consolidated revenue of $1.4 billion for the full year 2025, with a quarter-end revenue of $347 million. This represents a decrease from the full year 2024 revenue of $1.5 billion.

The full year 2025 net income was reported at $21.5 million, a decrease from the full year 2024 net income of $35.5 million. However, the adjusted EBITDA for full year 2025 increased to $260.3 million from $258.4 million in full year 2024.

The water infrastructure segment witnessed a revenue increase of 8% year-over-year, reaching $313 million for the full year 2025. The chemical technologies segment also experienced significant growth, with full year 2025 revenues reaching $308 million, marking a 19% increase from the previous year.

Select Water Solutions announced the addition of multiple new long-term contracted water infrastructure projects, supported by 15 million barrels of minimum volume commitments and approximately 180,000 acres of new leasehold and ROFR acreage dedications.

The company's chairman, president, and CEO, John Schmitz, highlighted several key achievements, including surpassing one billion barrels of cumulative produced water recycled and achieving 800% revenue growth in the water infrastructure segment since the beginning of 2021.

Looking ahead to 2026, the company anticipates another record-setting year for adjusted EBITDA and consolidated margins, projecting a 20% to 25% year-over-year revenue growth in the water infrastructure segment.

In the fourth quarter of 2025, the water infrastructure segment generated revenues of $81.2 million, marking a sequential increase of 3.0% from the third quarter of 2025. The water services segment saw a 7% sequential revenue increase, reaching $178.3 million, while the chemical technologies segment achieved record quarterly revenues of $87.0 million.

Today the company's shares have moved -0.67% to a price of $11.82. If you want to know more, read the company's complete 8-K report here.

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