Select Water Solutions Q2 FY26 net income rises 139% to $22.6 million; revenue increases 8% to $395.8 million

Select Water Solutions posted Q2 2026 revenue of $396 million, up 8% sequentially, while net income rose to $22.6 million.

Adjusted EBITDA (non-GAAP) climbed to $92.7 million, up $15 million sequentially.

Water Infrastructure revenue hit a record $102 million, up 5% sequentially, while Chemical Technologies revenue set a record $96 million, up 23%.

Select Water Solutions sees Q3 adjusted EBITDA (non-GAAP) of $90 million to $94 million and raised its 2026 net capital spending view to $250 million to $290 million.

The company signed a seven-year Northern Delaware Basin deal with a 128-million-barrel minimum volume commitment; the operator conveyed 14 saltwater disposal wells.