10-Q quarterly report · filed Nov 6, 2025

Solaris Energy Infrastructure, Inc. (SEI) Q3 2025 10-Q Quarterly Report

Short answer

Solaris Energy Infrastructure, Inc. (SEI) filed its Q3 2025 10-Q quarterly report on Nov 6, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $167M (up 122.4% year over year) with net income of $15M.

Q3 2025 key financials · XBRL

Revenue
$167M
+122.4% YoY · +11.7% QoQ
Net income
$15M
+1603.1% YoY · +21.7% QoQ
Operating margin
22.7%

Source: XBRL data from the Solaris Energy Infrastructure, Inc. (SEI) Q3 2025 10-Q on SEC EDGAR. USD.

Solaris Energy Infrastructure, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New risk from Stateline joint venture announced April 28, 2025, comprising 53% of Solaris Power Solutions’ assets (900 MW), exposing to AI market demand and regulatory uncertainties
  • Material update on tariff impacts, with 10% baseline and additional tariffs raising material input costs and potential supply chain delays under U.S. trade policy uncertainty
  • Legal risk from March 2025 putative class action alleging misleading statements linked to Mobile Energy Rentals acquisition, with outcome uncertain and potential management distraction
  • Near-term operational risk from dependence on a few large customers in Stateline, which may adversely affect revenue and operating results if demand fluctuates
  • Financial risk from potential inability to repurchase or pay 2030 and 2031 Notes upon fundamental change or maturity, exacerbated by restrictions under revolving credit facility and debt covenants

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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