Select Water Solutions reported second-quarter 2026 revenue of $396 million, net income of $23 million, and adjusted EBITDA of $93 million, exceeding its prior guidance range of $77 million to $80 million. Consolidated revenue rose 8% from the first quarter, adjusted EBITDA increased 19%, and net income more than doubled sequentially. Water Infrastructure posted record quarterly revenue of $102 million, up 5% sequentially and 26% year over year, with gross margin before depreciation and amortization reaching 58%. Chemical Technologies revenue grew 23% sequentially to $96 million, while Water Services revenue rose about 4% against expectations for a modest decline. The company raised its 2026 net capital expenditure outlook to $250 million to $290 million and forecast third-quarter consolidated adjusted EBITDA of $90 million to $94 million.
Select Energy Services IncQ2 revenue and adjusted EBITDA beat guidance, with net income more than doubling sequentially.
