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Solaris Energy Infrastructure, Inc. (SEI) stock

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NYSE: SEI NYSE Oil & Gas Equipment & Services Next results ~November 4, 2026

D Fundamentals grade

Solaris Energy Infrastructure, Inc. is a US-listed company in the oil & gas equipment & services industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: share count (11m) is 0.16x the market-data count (66m).

Price vs value

Under review: share count (11m) is 0.16x the market-data count (66m). We'll show the comparison once resolved.

Solaris Energy Infrastructure, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Solaris Energy Infrastructure files

Where Solaris Energy Infrastructure stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $762m, up 70.5% on a year earlier, slower than the 86.3% growth a quarter earlier. That growth ranks 1 of 26 among the oil & gas equipment & services companies we cover. Free-cash-flow margin rose to -95.5% from -98.5% a year earlier. Operating margin widened to 24.3% from 19.8%. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 2 of our 5 financial-health checks.

Our model value for Solaris Energy Infrastructure is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Solaris Energy Infrastructure, Inc.'s trailing-twelve-month revenue grew 70.5% year on year, with a free-cash-flow margin of -95.5%. Where it stands out: revenue growth of 70.5% ranks 2 of 35 oil & gas equipment & services companies we cover. Where it lags: free-cash-flow margin of -95.5% ranks 35 of 35 oil & gas equipment & services companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 65.3% while net income grew 143.0%: a 208pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 70.5% over the last 12 months, against a median of 3.7% for oil & gas equipment & services companies we cover.
  • Margins widening. Operating margin is up 4.4 points on a year ago.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 56.8% over 90 days.

Things to watch

  • Growth slowing. The growth rate is 15.8 points lower than a quarter earlier.
  • Burning cash. Free cash flow was -95.5% of revenue over the last 12 months.
  • Volatile shares. Over the past year the shares showed annualised volatility of 79% and a beta of 2.9 against the S&P 500.
  • Weak cash conversion. Free cash flow was -1328% of net income over the last 12 months.
  • Below peers: stock pay as % of revenue. Stock pay as % of revenue of 3.9% ranks 31 of 32 oil & gas equipment & services companies we cover (median 1.1%).
  • Below peers: days sales outstanding. Days sales outstanding of 101 days ranks 22 of 26 oil & gas equipment & services companies we cover (median 74 days).

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
$0.39 against an average estimate of $0.31: beat by 25.7%
Revenue
$219m, up 46.9% on a year earlier
Share reaction
-1.6% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Next report
November 4, 2026; average EPS estimate $0.28

Solaris Energy Infrastructure's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-7.5%
  • 1 week+5.1%
  • 1 month-12.7%
  • This year+43.1%
  • 1 year+23.9%
  • 5 years+809.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$762M
Operating margin
24.3%
Net margin
7.2%

Growth

Revenue growth
+70.5%
Change in growth rate
−15.8 pts

Cash

Free cash flow (TTM)
-$728M
FCF margin
-95.5%
Stock pay % of revenue
3.9%

Earnings

Last results
August 5, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Agreement
  3. Agreement
  4. Announcement
  5. Deal
  6. Results
  7. Share issue

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Solaris Energy Infrastructure, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: share count (11m) is 0.16x the market-data count (66m): held for review.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Solaris Energy Infrastructure, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 11.1%: the 10-year Treasury yield (4.9%) plus a beta of 1.37 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$61 ~$30–$91 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$51 ~$46–$62 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$11 ~$8.1–$14 Left out: out of range vs price (0.16x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$9.2 ~$8.2–$11 Left out: out of range vs price (0.14x)
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: This model is withheld pending its input or assumption review.
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Solaris Energy Infrastructure, Inc. with Oil & Gas Equipment & Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20172018
Share price$15.85$9.02
Market value$192052$233099
+ Net debt (− = net cash)−$63m−$12m
Enterprise value−$63m−$12m
Multiples
Price / sales 0.0x0.0x
Price / earnings —0.0x
Price / free cash flow ——
EV / EBITDA n/mn/m

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

20 /100

Weak moat

How hard Solaris Energy Infrastructure's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 2 / 20

    Net income has been a median 3.0% of total assets over 10 years.

  • Durability 5 / 20

    Operating margin has been a median 18.1%; its worst year was -12.7%.

  • Cash conversion 5 / 20

    Free cash flow was positive in 5 of 10 years, at a median -1.9% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, after the close. Analysts expect revenue of $274m and EPS of $0.28 (range $0.06 to $0.49) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.55 +24% $1.0bn +66%
Next $3.66 +137% $1.9bn +81%

Next year's EPS estimate has moved +56.8% in 90 days, across 9 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +33.9% on 90 days ago. In the last 30 days, 2 analysts raised Solaris Energy Infrastructure, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Solaris Energy Infrastructure, Inc., last 90 days
$0.00 $1.00 $2.00 $3.00 $4.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.15 Current fiscal year, 60 days ago: $1.01 Current fiscal year, 30 days ago: $1.41 Current fiscal year, 7 days ago: $1.49 Current fiscal year, Now: $1.55 $1.55 Next fiscal year, 90 days ago: $2.33 Next fiscal year, 60 days ago: $1.85 Next fiscal year, 30 days ago: $3.62 Next fiscal year, 7 days ago: $3.72 Next fiscal year, Now: $3.66 $3.66

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.15$2.33
60 days ago $1.01$1.85
30 days ago $1.41$3.62
7 days ago $1.49$3.72
Now $1.55$3.66

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.31 $0.39 +25.7%
Mar 2026 $0.26 $0.44 +68.2%
Dec 2025 $0.27 $0.35 +28.2%
Sept 2025 $0.25 $0.32 +30.1%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

14 analysts, Oct 2026
Buy14100%
Hold00%
Sell00%

Monthly trend

  1. Oct 20265914
  2. Sep 20265914
  3. Aug 20265914
  4. Jul 202658114

Counts of recommendations published by analysts covering Solaris Energy Infrastructure, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
26.2%
of tradable shares
Days to cover
5.99
at average volume
Short interest, 1 month
+5%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
8.6%
of shares
Employees
468
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
SEI−16%+58%−16%+278%+62%+43%
Industry peers (median)+9%+38%−6%−9%−1%+18%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
SEI33%50%33%75%50%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
SEI−55%−38%−33%−17%−55%−48%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since May 12, 2017: 80% from January 5, 2018 to March 23, 2020. Getting back needed a 388% gain, reached on November 11, 2024, 1694 days after the low.

Price behaviour

52-week range
$40.39 – $82.72
From 52-week high
−20.9%
vs 50-day average
+0.3%
vs 200-day average
+3.2%
Volatility (1 year)
79%
Beta vs S&P 500
2.90

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
10 up, 2 down
typical move ±11.3%
After a week
9 up, 3 down
typical move ±14.7%
After a month
5 up, 7 down
typical move ±20.6%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −1.6% −0.4% +6.7% −8.2%
April 27, 2026 +2.8% −0.3% +2.9% −1.3%
February 24, 2026 +9.0% +1.6% −6.1% +21.3%
November 3, 2025 +0.9% −1.0% −5.4% 0.0%
July 24, 2025 +10.5% +0.5% +11.1% −2.6%
April 30, 2025 +8.4% +0.7% +2.9% +29.5%
April 29, 2025 +2.8% +0.7% +8.2% +35.5%
April 3, 2025 −30.3% −10.5% −25.2% −2.1%
February 21, 2025 +15.2% −2.2% +16.4% −18.1%
November 4, 2024 +8.5% +1.0% +38.9% +87.1%
August 8, 2024 +2.4% +2.8% +2.1% −0.2%
July 10, 2024 +42.7% +0.1% +50.2% +41.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Solaris Energy Infrastructure, Inc. in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Solaris Energy Infrastructure, Inc.
$200M $400M $600M $800M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $313.7M Revenue (TTM), FY23 Q4: $292.9M Revenue (TTM), FY24 Q1: $278.1M Revenue (TTM), FY24 Q2: $274.8M Revenue (TTM), FY24 Q3: $280.1M Revenue (TTM), FY24 Q4: $313.1M Revenue (TTM), FY25 Q1: $371.5M Revenue (TTM), FY25 Q2: $447M Revenue (TTM), FY25 Q3: $538.8M Revenue (TTM), FY25 Q4: $622.2M Revenue (TTM), FY26 Q1: $692.1M Revenue (TTM), FY26 Q2: $762.2M $762.2M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $313.7M
FY23 Q4 $292.9M
FY24 Q1 $278.1M
FY24 Q2 $274.8M
FY24 Q3 $280.1M
FY24 Q4 $313.1M
FY25 Q1 $371.5M
FY25 Q2 $447M
FY25 Q3 $538.8M
FY25 Q4 $622.2M
FY26 Q1 $692.1M
FY26 Q2 $762.2M
Revenue growth, TTM YoY Solaris Energy Infrastructure, Inc.
-50% 0% 50% 100% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 11.3% Revenue growth, TTM YoY, FY23 Q4: -8.5% Revenue growth, TTM YoY, FY24 Q1: -19.6% Revenue growth, TTM YoY, FY24 Q2: -18.3% Revenue growth, TTM YoY, FY24 Q3: -10.7% Revenue growth, TTM YoY, FY24 Q4: 6.9% Revenue growth, TTM YoY, FY25 Q1: 33.6% Revenue growth, TTM YoY, FY25 Q2: 62.7% Revenue growth, TTM YoY, FY25 Q3: 92.3% Revenue growth, TTM YoY, FY25 Q4: 98.7% Revenue growth, TTM YoY, FY26 Q1: 86.3% Revenue growth, TTM YoY, FY26 Q2: 70.5% 70.5%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 11.3%
FY23 Q4 -8.5%
FY24 Q1 -19.6%
FY24 Q2 -18.3%
FY24 Q3 -10.7%
FY24 Q4 6.9%
FY25 Q1 33.6%
FY25 Q2 62.7%
FY25 Q3 92.3%
FY25 Q4 98.7%
FY26 Q1 86.3%
FY26 Q2 70.5%
Operating margin (TTM) Solaris Energy Infrastructure, Inc.
10% 15% 20% 25% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 16.2% Operating margin (TTM), FY23 Q4: 17.0% Operating margin (TTM), FY24 Q1: 16.2% Operating margin (TTM), FY24 Q2: 14.9% Operating margin (TTM), FY24 Q3: 13.0% Operating margin (TTM), FY24 Q4: 16.9% Operating margin (TTM), FY25 Q1: 17.5% Operating margin (TTM), FY25 Q2: 19.8% Operating margin (TTM), FY25 Q3: 22.5% Operating margin (TTM), FY25 Q4: 21.8% Operating margin (TTM), FY26 Q1: 23.7% Operating margin (TTM), FY26 Q2: 24.3% 24.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 16.2%
FY23 Q4 17.0%
FY24 Q1 16.2%
FY24 Q2 14.9%
FY24 Q3 13.0%
FY24 Q4 16.9%
FY25 Q1 17.5%
FY25 Q2 19.8%
FY25 Q3 22.5%
FY25 Q4 21.8%
FY26 Q1 23.7%
FY26 Q2 24.3%
FCF margin (TTM) Solaris Energy Infrastructure, Inc.
-100% -50% 0% 50% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 3.1% FCF margin (TTM), FY23 Q4: 8.5% FCF margin (TTM), FY24 Q1: 14.6% FCF margin (TTM), FY24 Q2: 19.3% FCF margin (TTM), FY24 Q3: 0.7% FCF margin (TTM), FY24 Q4: -41.2% FCF margin (TTM), FY25 Q1: -70.3% FCF margin (TTM), FY25 Q2: -98.5% FCF margin (TTM), FY25 Q3: -72.9% FCF margin (TTM), FY25 Q4: -70.3% FCF margin (TTM), FY26 Q1: -84.3% FCF margin (TTM), FY26 Q2: -95.5% -95.5%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 3.1%
FY23 Q4 8.5%
FY24 Q1 14.6%
FY24 Q2 19.3%
FY24 Q3 0.7%
FY24 Q4 -41.2%
FY25 Q1 -70.3%
FY25 Q2 -98.5%
FY25 Q3 -72.9%
FY25 Q4 -70.3%
FY26 Q1 -84.3%
FY26 Q2 -95.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Solaris Energy Infrastructure took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $622M
  2. Selling, general and admin $61.7M · 9.9%
  3. Other operating costs $425M · 68.3%
  4. Operating income $135M · 21.8%
  5. Income tax $14.7M · 2.4%
  6. Interest and other $90.5M · 14.6%
  7. Net income $30.2M · 4.8%

Shares of revenue. Source: Solaris Energy Infrastructure's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 14 18 67 197 242 103 159 320 293 313 622 762
EBITDA 1 7 32 118 135 −33 27 72 86 100 220 252
Operating income −1 3 25 99 108 −60 −0 42 50 53 135 185
Net income −1 3 −4 42 52 −29 −1 21 24 16 30 55
Diluted EPS — — −$0.34 $1.59 — — — — — — — —
Growth (year on year)
Revenue — +27.8% +271.2% +192.6% +22.6% −57.4% +54.6% +101.0% −8.5% +6.9% +98.7% +70.5%
EBITDA — +462.9% +382.4% +266.7% +14.6% −124.4% — +169.3% +19.2% +16.2% +119.6% +73.3%
Operating income — — +789.9% +290.0% +8.7% −155.5% — — +19.4% +5.8% +156.3% +108.5%
Net income — — −248.9% — +22.6% −156.4% — — +15.0% −35.0% +90.8% +143.0%
Margins
EBITDA margin 8.3% 36.6% 47.6% 59.7% 55.8% −31.9% 16.8% 22.6% 29.4% 32.0% 35.3% 33.1%
Operating margin −8.5% 15.8% 37.8% 50.3% 44.7% −58.2% −0.2% 13.1% 17.0% 16.9% 21.8% 24.3%
Net margin −9.7% 15.4% −6.2% 21.5% 21.5% −28.5% −0.5% 6.6% 8.3% 5.0% 4.8% 7.2%
Free-cash-flow margin −180.5% −35.1% −99.7% −22.7% 33.1% 38.1% −2.0% −4.2% 8.5% −41.2% −70.3% −95.5%
Cash flow
Cash from operations 2 5 27 116 115 44 16 68 89 59 209 425
Capital spending 28 11 94 161 35 5 20 81 64 188 647 1,153
Free cash flow −26 −6 −67 −45 80 39 −3 −13 25 −129 −438 −728
Stock-based pay 0 0 4 4 4 5 5 6 8 11 23 30
Free cash flow after stock pay −26 −7 −71 −49 76 34 −8 −20 17 −140 −461 −758
Balance sheet
Cash 7 4 63 25 67 60 36 9 6 114 353 824
Total debt 0 2 — 13 0 0 0 73 72 325 184 1,609
Net debt (negative = net cash) −7 −1 −63 −12 −67 −60 −36 64 66 211 −169 785
Diluted shares — — — — — — — — — — — —
Returned to shareholders
Dividends — — — 3 13 12 13 14 14 15 22 27
Buybacks 0 — — 1 3 27 — — 26 8 0 —
Total returned 0 — — 4 16 39 13 14 41 23 22 27

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 5 checks passed · June 30, 2026
What it owns · $4.2bn
Short-term assets $1.1bnLonger-term assets $3.1bn
What it owes, and who funded it · $4.0bn
Short-term liabilities $259mLonger-term liabilities $2.8bnShareholders' equity $902m
  • Short-term assets cover short-term liabilities $1.1bn of assets due within a year against $259m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.1bn short-term assets against $2.8bn of longer-dated liabilities.
  • More cash than debt $824m of cash against $1.6bn of debt.
  • Debt below 40% of shareholders' equity Debt is 178% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $425m of operating cash flow against $1.6bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Solaris Energy Infrastructure, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$26.6M
Buybacks, last 3 fiscal years
$34.5M
Total shareholder yield
0.6%
dividends 0.6% + buybacks 0.0% of market value
Dividend payout ratio
49%
of net income paid out
Sales & admin spending
10.8%
of revenue
Days sales outstanding
101 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in oil & gas equipment & services
Last 12 months unless stated SEI FET TTI OIS TISI KLXE Median
Revenue, last 12 months $762m $874m $657m $650m $894m $636m $1.2bn
Revenue growth, last 12 months 70.5% 10.6% 6.1% −0.7% 2.6% −4.8% 3.7%
Revenue growth, 3-year average 31.4% 5.5% 1.9% −5.7% 0.8% −11.5% 2.0%
Revenue growth, latest quarter 46.9% 20.7% 9.6% 2.8% −7.8% 5.2% 7.3%
Gross margin — 30.6% 22.5% 20.2% 24.7% 21.0% 21.1%
Operating margin 24.3% 7.4% 6.9% −14.0% 0.8% −2.4% 7.3%
Operating margin, 3-year average 19.7% −0.4% 8.5% −3.5% 0.5% −2.0% 7.2%
Net margin 7.2% 3.5% 1.4% −16.5% −3.7% −9.7% 2.6%
Cash from operations / revenue 55.7% 7.8% 9.6% 7.3% 1.4% 5.8% 11.7%
Free-cash-flow margin −95.5% 7.1% −6.4% 5.2% 0.1% −0.3% 2.0%
Free-cash-flow margin, 3-year average −58.2% 8.1% −2.0% 3.4% −0.6% −1.4% 4.0%
Stock pay / revenue 3.9% 1.2% 1.1% 1.6% 0.2% 0.3% 1.1%
Change in share count — −6.0% 5.8% −2.2% 1.5% 13.8% 1.0%

Median of all 35 companies we cover in oil & gas equipment & services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

35 oil & gas equipment & services companies
Measure Company Peer median Rank
Revenue growth Growth 70.5% 3.7% 2 of 35
Change in growth rate Growth -15.8pp +1.5pp 32 of 34
Operating margin Profitability 24.3% 7.2% 2 of 32
Net margin Profitability 7.2% 2.6% 12 of 35
Free-cash-flow margin Cash generation -95.5% 2.0% 35 of 35
Stock pay as % of revenue Cash generation 3.9% 1.1% 31 of 32
Long-term debt as % of assets Balance sheet 37.9% 22.6% 27 of 32
Days sales outstanding Balance sheet 101 days 74 days 22 of 26

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Solaris Power Solutions $334M 53.6% ▲ 764.0%
Solaris Logistics Solutions $289M 46.4% ▲ 5.2%

From Solaris Energy Infrastructure, Inc.'s 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$5.7B
Institutions reporting
429
Shares held vs prior quarter
▲ 8.9%
Positions opened / closed
111 / 39

Top buyers and sellers, Q2 2026: 265 institutions bought and 162 sold ; the biggest buyer was Blackrock, Inc (+1.1M shares) and the biggest seller Millennium Management LLC (−2.0M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $419M 5.2M 7.3% ▲ 26.2%
Encompass Capital Advisors LLC $203M 2.5M 3.5% ▲ 44.0%
Vanguard Capital Management LLC $197M 2.4M 3.4% ▲ 20.0%
Morgan Stanley $163M 2.0M 2.9% ▲ 18.6%
Two Sigma Investments, LP $159M 2.0M 2.8% ▲ 2.0%
Summit Partners Public Asset Management, LLC $136M 1.7M 2.4% ▼ 2.1%
Jennison Associates LLC $136M 1.7M 2.4% ▲ 43.4%
Valiant Capital Management, L.P. $129M 1.6M 2.3% ▲ 43.3%
Driehaus Capital Management LLC $128M 1.6M 2.2% ▼ 2.7%
FMR LLC $127M 1.6M 2.2% ▼ 15.1%
State Street Corp $120M 1.5M 2.1% ▲ 9.7%
Van Eck Associates Corp $119M 1.5M 2.1% ▼ 24.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Solaris Energy Infrastructure, Inc.'s complete shareholder register. Values are as reported by the filers ; 2 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $1.3M 7 trades by 2 insiders, last 12 months Insider sales History → $407M 12 trades by 9 insiders · 0% under pre-set plans
Net ▼ $405M net selling
Insider Date Trade Shares Price Value
Teague Aj Director September 8, 2026 Buy 3,900 $64.25 $250,575
Teague Aj Director September 8, 2026 Buy 3,900 $64.21 $250,419
Wirtz Christopher P. Chief Accounting Officer May 13, 2026 Sell 700 $77.22 $54,054
Argo Laurie H Director May 12, 2026 Sell 5,200 $72.88 $378,976
Powell Christopher M Chief Legal Officer May 11, 2026 Sell 9,179 $73.90 $678,328
Powell Christopher M Chief Legal Officer May 11, 2026 Sell 25,492 $74.84 $1.9M
Powell Christopher M Chief Legal Officer May 11, 2026 Sell 2,181 $75.33 $164,295
Walker Ray N Jr Director May 8, 2026 Sell 56,841 $72.11 $4.1M
Teague Aj Director May 8, 2026 Buy 3,425 $72.98 $249,956
Teague Aj Director May 8, 2026 Buy 2,750 $72.98 $200,695
Keenan W Howard Jr Director May 6, 2026 Sell 2,000,000 $74.50 $149M
Ktr Management Company, Llc 10% owner April 30, 2026 Sell 2,000,000 $70.75 $142M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 3 trades and filings

In the last 12 months, 1 member of Congress disclosed 0 purchases and 1 sale of Solaris Energy Infrastructure, Inc. shares.

  • Gilbert Ray Cisneros, Jr.(D-CA 31):Sale (full), $15,001 - $50,000, traded January 9, 2026, filed February 13, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded September 2, 2025, filed September 12, 2025
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded May 6, 2025, filed June 6, 2025

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 2, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • April 27, 2026
  • February 24, 2026
  • November 3, 2025
  • July 24, 2025
  • April 30, 2025

Recent SEC filings

Data status

When each part of this page on Solaris Energy Infrastructure, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Solaris Energy Infrastructure, Inc. in brief

What does Solaris Energy Infrastructure, Inc. do?
Solaris Energy Infrastructure, Inc. is a US-listed company in the oil & gas equipment & services industry. Its financial year ends in December.
What is Solaris Energy Infrastructure, Inc.'s stock ticker?
Solaris Energy Infrastructure, Inc. trades under the ticker SEI on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Solaris Energy Infrastructure, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Solaris Energy Infrastructure, Inc. reported revenue of $762M, 70.5% higher than a year earlier, according to its SEC filings.
What is Solaris Energy Infrastructure, Inc.'s free cash flow?
Solaris Energy Infrastructure, Inc.'s free-cash-flow margin is -95.5% of revenue over the trailing twelve months, ranking 35 of the 35 oil & gas equipment & services companies we cover.
Who are Solaris Energy Infrastructure, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Encompass Capital Advisors LLC and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Solaris Energy Infrastructure, Inc.'s market cap?
On December 31, 2018, Solaris Energy Infrastructure, Inc.'s market capitalisation was about $233,099 and net debt of -$12.1M. Market figures come from third-party market data and may be delayed.
Does Solaris Energy Infrastructure, Inc. pay a dividend?
Yes: Solaris Energy Infrastructure, Inc. paid $26.6M in dividends over the trailing twelve months, a dividend yield of 0.62% and a payout ratio of 48.5%.
How much debt does Solaris Energy Infrastructure, Inc. have?
Solaris Energy Infrastructure, Inc.'s debt-to-equity ratio is 178.4%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Solaris Energy Infrastructure, Inc.'s competitors?
In our Oil & Gas Equipment & Services peer group, the companies closest to Solaris Energy Infrastructure, Inc. are Forum Energy Technologies, Inc., Tetra Technologies Inc, OIL States International, Inc, Team Inc and KLX Energy Services Holdings, Inc. The side-by-side comparison below sets their revenue, margins and growth against Solaris Energy Infrastructure, Inc.'s.
Are insiders buying or selling Solaris Energy Infrastructure, Inc. stock?
Over the last 12 months, Solaris Energy Infrastructure, Inc.'s directors and officers reported 7 open-market purchases and 12 sales on Form 4. The insider trading page charts every trade.
When is Solaris Energy Infrastructure, Inc.'s next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Solaris Energy Infrastructure, Inc. announces its own schedule.