Short answer

Select Water Solutions, Inc. (WTTR) filed its Q1 2026 10-Q quarterly report on May 6, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $366M (down 2.3% year over year) with net income of $9M.

Q1 2026 key financials · XBRL

Revenue: $366M; −2.3% YoY
Net income: $9M; +4.5% YoY
Operating margin: 4.9%
Gross margin: 17.8%

Source: XBRL data from the Select Water Solutions, Inc. (WTTR) Q1 2026 10-Q on SEC EDGAR. USD.

Select Water Solutions, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

February offering: $201.3M gross proceeds, $192.2M net proceeds, partly used for debt repayment
Outlook: stable activity, long-term demand favorable; commodity volatility, tariffs, inflation and interest rates remain headwinds

Risk Factors

Newly added geopolitical risk triggered by Iran conflict and Strait of Hormuz restrictions
Supply-chain disruption from Red Sea shipping interruptions, port congestion, and rerouted freight
Chemical-market exposure through elevated domestic prices and reduced supplier availability
Cost inflation risk from higher fuel, energy, logistics, and insurance expenses

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

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Select Water Solutions, Inc. (WTTR) Q1 2026 10-Q Quarterly Report