WBI
WaterBridge Infrastructure LLC
NYSE: WBI · ENERGY · OIL & GAS EQUIPMENT & SERVICES
$30.14
+1.11% today
Updated 2026-04-30
Market cap
$1.40B
P/E ratio
—
P/S ratio
2.67x
EPS (TTM)
$-0.10
Dividend yield
—
52W range
$19 – $30
Volume
1.0M
WaterBridge Infrastructure LLC (WBI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $200.77M | $662.16M | $525.55M |
| Revenue growth (YoY) | — | +229.8% | -20.6% |
| Cost of revenue | $145.47M | $544.74M | $383.31M |
| Gross profit | $55.30M | $117.42M | $142.24M |
| Gross margin | 27.5% | 17.7% | 27.1% |
| R&D | — | — | — |
| SG&A | $14.69M | $68.44M | $47.24M |
| Operating income | $40.49M | $49.25M | $78.86M |
| Operating margin | 20.2% | 7.4% | 15.0% |
| EBITDA | — | $52.11M | $204.24M |
| EBITDA margin | 0.0% | 7.9% | 38.9% |
| EBIT | — | — | $63.34M |
| Interest expense | $26.24M | $160.43M | $68.94M |
| Income tax | — | $-6.55M | — |
| Effective tax rate | 0.0% | 20.6% | 0.0% |
| Net income | $14.67M | $-25.24M | $-4.54M |
| Net income growth (YoY) | — | -272.1% | +82.0% |
| Profit margin | 7.3% | -3.8% | -0.9% |