Solaris Energy Infrastructure, Inc. income statement
In fiscal 2025, Solaris Energy Infrastructure, Inc. reported revenue of $622m, up 98.7% on the year before, operating income of $135m (a 21.8% margin) and net income of $30.2m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 18 | 67 | 197 | 242 | 103 | 159 | 320 | 293 | 313 | 622 | 762 |
| Research and development | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — |
| Selling, general and administrative | 3 | 2 | 14 | 17 | 19 | 16 | 19 | 23 | 27 | 36 | 62 | 82 |
| Operating income | −1 | 3 | 25 | 99 | 108 | −60 | −0 | 42 | 50 | 53 | 135 | 185 |
| Interest expense | 0 | 0 | 0 | 0 | 1 | — | — | — | 3 | 13 | 28 | — |
| Net interest income | — | — | — | −0 | −1 | −0 | −0 | −0 | −3 | — | — | — |
| Income before tax | −1 | 3 | 48 | 99 | 107 | −60 | −1 | 41 | 47 | 37 | 73 | 104 |
| Income tax | 0 | 0 | 34 | 13 | 17 | −9 | 1 | 8 | 8 | 8 | 15 | 25 |
| Net income | −1 | 3 | −4 | 42 | 52 | −29 | −1 | 21 | 24 | 16 | 30 | 55 |
| Diluted EPS | — | — | −$0.34 | $1.59 | — | — | — | — | — | — | — | — |
| Diluted shares (average) | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | 1 | 7 | 32 | 118 | 135 | −33 | 27 | 72 | 86 | 100 | 220 | 252 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 75 | 96 | 126 | 149 | 167 | 180 | 196 | 219 |
| Selling, general and administrative | 9 | 11 | 15 | 15 | 16 | 16 | 21 | 30 |
| Operating income | 5 | 26 | 22 | 36 | 38 | 40 | 51 | 57 |
| Interest expense | — | — | 6 | 7 | — | — | 5 | 17 |
| Income before tax | −2 | 18 | 17 | 30 | 29 | −3 | 47 | 30 |
| Income tax | 0 | 4 | 4 | 6 | 4 | 1 | 15 | 5 |
| Net income | −1 | 6 | 5 | 12 | 15 | −2 | 21 | 20 |
| EBITDA | 16 | 42 | 42 | 45 | 48 | 63 | 75 | 66 |
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