Select Water Solutions Q2 FY26 net income rises 139% to $22.6 million; revenue increases 8% to $395.8 million
Reuters2026/08/04 20:58- Select Water Solutions posted Q2 2026 revenue of USD 396 million, up 8% sequentially, while net income rose to USD 22.6 million.
- Adjusted EBITDA (non-GAAP) climbed to USD 92.7 million, up USD 15 million sequentially.
- Water Infrastructure revenue hit a record USD 102 million, up 5% sequentially, while Chemical Technologies revenue set a record USD 96 million, up 23%.
- Signed a seven-year Northern Delaware Basin deal with a 128-million-barrel minimum volume commitment; the operator conveyed 14 saltwater disposal wells.
- Sees Q3 adjusted EBITDA (non-GAAP) of USD 90 million to USD 94 million; raised 2026 net capital spending view to USD 250 million-USD 290 million.
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