Solaris Energy Infrastructure, Inc. (SEI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 196.24M | 179.7M | 166.84M | 149.33M | 126.33M | 96.3M | 75.02M | 73.89M | 67.89M | 63.35M | 69.68M | 77.2M | 82.72M | 84.05M | 92.33M | 86.71M | 56.91M | 45.95M | 49.38M | 35.18M |
| Revenue Growth % | 55.34% | 86.61% | 122.4% | 102.11% | 86.08% | 52.02% | 7.67% | -4.3% | -17.93% | -24.64% | -24.53% | -10.97% | 45.34% | 82.93% | 86.98% | 146.49% | 98.52% | 81.79% | 140.5% | 276.73% |
| Cost of Goods Sold | 123.52M | 124.52M | 111.16M | 97.63M | 87.77M | 68.71M | 57.91M | 55.7M | 49.82M | 46.39M | 51.28M | 54.72M | 61.64M | 65.35M | 71.89M | 68.37M | 44.6M | 39.56M | 45.3M | 31.89M |
| COGS % of Revenue | 62.95% | 69.29% | 66.62% | 65.38% | 69.48% | 71.35% | 77.2% | 75.38% | 73.38% | 73.23% | 73.6% | 70.88% | 74.51% | 77.75% | 77.86% | 78.85% | 78.36% | 86.11% | 91.75% | 90.64% |
| Gross Profit | 72.72M | 55.18M | 55.69M | 51.7M | 38.56M | 27.59M | 17.1M | 18.19M | 18.07M | 16.96M | 18.39M | 22.48M | 21.08M | 18.7M | 20.44M | 18.34M | 12.31M | 6.38M | 4.08M | 3.29M |
| Gross Margin % | 37.05% | 30.71% | 33.38% | 34.62% | 30.52% | 28.65% | 22.8% | 24.62% | 26.62% | 26.77% | 26.4% | 29.12% | 25.49% | 22.25% | 22.14% | 21.15% | 21.64% | 13.89% | 8.25% | 9.36% |
| Gross Profit Growth % | 88.59% | 100.01% | 225.57% | 184.23% | 113.39% | 62.68% | -7.02% | -19.08% | -14.29% | -9.32% | -10% | 22.55% | 71.19% | 192.95% | 401.55% | 457.17% | 344.58% | 389.95% | 673.94% | 173.27% |
| Operating Expenses | 22.16M | 15.33M | 17.77M | 14.62M | 16.5M | 1.85M | 11.8M | 6.31M | 8.1M | 7.72M | 8.39M | 6.7M | 6.2M | 8.62M | 6.45M | 8.02M | 4.9M | 4.66M | 2.07M | 5.32M |
| OpEx % of Revenue | 11.29% | 8.53% | 10.65% | 9.79% | 13.06% | 1.92% | 15.73% | 8.53% | 11.93% | 12.19% | 12.05% | 8.67% | 7.5% | 10.25% | 6.99% | 9.25% | 8.6% | 10.13% | 4.2% | 15.13% |
| Selling, General & Admin | 20.88M | 15.94M | 15.55M | 14.9M | 15.27M | 10.57M | 8.8M | 8.26M | 7.99M | 7.23M | 6.36M | 6.83M | 6.54M | 5.87M | 5.93M | 6.06M | 5.21M | 4.94M | 4.76M | 4.96M |
| SG&A % of Revenue | 10.64% | 8.87% | 9.32% | 9.98% | 12.09% | 10.98% | 11.73% | 11.18% | 11.77% | 11.41% | 9.13% | 8.84% | 7.9% | 6.99% | 6.42% | 6.99% | 9.16% | 10.75% | 9.64% | 14.11% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | -607K | 1000K | -279K | 1000K | -1000K | 1000K | -1000K | 111K | 489K | 1000K | -125K | -338K | 1000K | 524K | 1000K | -309K | -283K | -1000K | 360K |
| Operating Income | 50.56M | 39.85M | 37.91M | 37.08M | 22.05M | 25.74M | 5.27M | 11.85M | 9.96M | 9.24M | 10M | 15.78M | 14.88M | 10.08M | 13.98M | 10.32M | 7.41M | 1.73M | 2M | -2.03M |
| Operating Margin % | 25.76% | 22.18% | 22.72% | 24.83% | 17.46% | 26.73% | 7.02% | 16.04% | 14.66% | 14.59% | 14.35% | 20.44% | 17.99% | 12% | 15.15% | 11.9% | 13.02% | 3.76% | 4.06% | -5.78% |
| Operating Income Growth % | 129.24% | 54.82% | 619.82% | 212.82% | 121.52% | 178.53% | -47.33% | -24.87% | -33.1% | -8.36% | -28.49% | 52.87% | 100.76% | 483.23% | 597.51% | 607.97% | 454.86% | 150.57% | 131.3% | 81.07% |
| EBITDA | 75.32M | 60.11M | 60.27M | 55.46M | 42.12M | 42.47M | 16.26M | 21.42M | 19.89M | 18.76M | 19.18M | 24.85M | 23.3M | 18.74M | 21.7M | 17.45M | 14.34M | 8.65M | 8.85M | 4.72M |
| EBITDA Margin % | 38.38% | 33.45% | 36.12% | 37.14% | 33.34% | 44.1% | 21.67% | 28.99% | 29.3% | 29.61% | 27.53% | 32.19% | 28.17% | 22.3% | 23.51% | 20.13% | 25.2% | 18.83% | 17.92% | 13.42% |
| EBITDA Growth % | 78.82% | 41.56% | 270.7% | 158.92% | 111.76% | 126.38% | -15.23% | -13.81% | -14.63% | 0.1% | -11.62% | 42.37% | 62.45% | 116.62% | 145.26% | 269.79% | 211.51% | 168.33% | 4631.55% | 216.2% |
| D&A (Non-Cash Add-back) | 24.76M | 20.27M | 22.36M | 18.38M | 20.06M | 16.73M | 10.99M | 9.56M | 9.93M | 9.52M | 9.18M | 9.07M | 8.42M | 8.66M | 7.72M | 7.13M | 6.93M | 6.92M | 6.84M | 6.75M |
| EBIT | 52.05M | 1.37M | 37.91M | 35.81M | 22.05M | 25.74M | 1.18M | 11.85M | 9.96M | 9.24M | 10M | 15.78M | 14.88M | 10.08M | 13.98M | 10.32M | 7.41M | 1.73M | 2M | -2.03M |
| Net Interest Income | -2.02M | -1.16M | -9.04M | -5.48M | -5.17M | -7.39M | -2.93M | -685K | -799K | -912K | -1.06M | -879K | -459K | -181K | -141K | -88K | -79K | -77K | -66K | -55K |
| Interest Income | 2.75M | 2.97M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 4.77M | 4.14M | 9.04M | 5.48M | 5.17M | 7.39M | 2.93M | 685K | 799K | 912K | 1.06M | 879K | 459K | 181K | 141K | 88K | 79K | 77K | 66K | 55K |
| Other Income/Expense | -3.28M | -42.62M | -9.04M | -7M | -5.17M | -7.39M | -7.02M | -685K | -799K | -912K | -1.06M | -879K | -459K | -181K | -141K | -88K | -79K | -77K | -66K | -55K |
| Pretax Income | 47.28M | -2.77M | 28.88M | 30.09M | 16.88M | 18.35M | -1.75M | 11.17M | 9.16M | 8.33M | 8.94M | 14.9M | 14.42M | 9.9M | 13.84M | 10.23M | 7.33M | 1.65M | 1.94M | -2.09M |
| Pretax Margin % | 24.09% | -1.54% | 17.31% | 20.15% | 13.36% | 19.05% | -2.33% | 15.12% | 13.49% | 13.15% | 12.84% | 19.3% | 17.44% | 11.78% | 14.99% | 11.8% | 12.89% | 3.6% | 3.93% | -5.93% |
| Income Tax | 15.23M | 743K | 4.06M | 5.96M | 3.92M | 4.34M | 460K | 1.34M | 1.86M | 1.37M | 1.3M | 2.66M | 2.49M | 1.91M | 2.33M | 1.95M | 1.61M | 549K | 507K | -217K |
| Effective Tax Rate % | 32.2% | -26.86% | 14.06% | 19.8% | 23.19% | 23.67% | -26.29% | 12.04% | 20.28% | 16.45% | 14.59% | 17.85% | 17.24% | 19.33% | 16.84% | 19.01% | 21.98% | 33.23% | 26.15% | 10.4% |
| Net Income | 21.44M | -1.66M | 14.55M | 11.96M | 5.32M | 6.25M | -968K | 6.21M | 4.32M | 4.3M | 4.93M | 7.53M | 7.57M | 4.8M | 7.41M | 5.45M | 3.5M | 638K | 874K | -1.21M |
| Net Margin % | 10.92% | -0.92% | 8.72% | 8.01% | 4.21% | 6.49% | -1.29% | 8.4% | 6.36% | 6.79% | 7.08% | 9.76% | 9.15% | 5.71% | 8.02% | 6.29% | 6.15% | 1.39% | 1.77% | -3.44% |
| Net Income Growth % | 302.97% | -126.49% | 1603.1% | 92.57% | 23.23% | 45.34% | -119.62% | -17.58% | -42.96% | -10.34% | -33.38% | 38.13% | 116.13% | 651.88% | 747.37% | 550.29% | 399.57% | 144.43% | 126.62% | 78.14% |
| Net Income (Continuing) | 32.05M | -3.51M | 24.81M | 24.13M | 12.97M | 14M | -2.21M | 9.82M | 7.3M | 6.96M | 7.64M | 12.24M | 11.94M | 7.99M | 11.51M | 8.29M | 5.72M | 1.1M | 1.43M | -1.87M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 323.62M | 262.91M | 312.44M | 381.18M | 306.78M | 311.11M | 271.69M | 112.58M | 109.72M | 109.6M | 107.92M | 106.29M | 102.56M | 101.41M | 99.2M | 96.33M | 95.14M | 94.73M | 95.86M | 96.58M |
| EPS (Diluted) | 0.42 | -0.04 | 0.31 | 0.30 | 0.14 | 0.19 | -0.04 | 0.20 | 0.14 | 0.14 | 0.16 | 0.24 | 0.23 | 0.15 | 0.22 | 0.17 | 0.11 | 0.01 | 0.03 | -0.04 |
| EPS Growth % | 200% | -120.11% | 836.34% | 50% | 0% | 35.71% | -126.31% | -16.67% | -39.13% | -6.67% | -27.27% | 41.18% | 109.09% | - | 752.71% | 501.89% | 359.43% | 114.55% | 123.45% | 77.74% |
| EPS (Basic) | 0.40 | -0.04 | 0.32 | 0.30 | 0.14 | 0.20 | -0.04 | 0.20 | 0.14 | 0.14 | 0.16 | 0.24 | 0.23 | 0.15 | 0.22 | 0.17 | 0.11 | 0.02 | 0.03 | -0.04 |
| Diluted Shares Outstanding | 49.5M | 49.5M | 43.77M | 37.82M | 36.18M | 30.45M | 28.38M | 28.34M | 28.59M | 29.02M | 29.03M | 29.54M | 31.21M | 31.64M | 31.6M | 31.43M | 31.24M | 31.13M | 31.06M | 30.98M |
| Basic Shares Outstanding | 52.17M | 41.4M | 43.77M | 37.82M | 36.18M | 29.75M | 28.38M | 28.34M | 28.59M | 29.02M | 29.03M | 29.54M | 31.21M | 31.64M | 31.6M | 31.43M | 31.24M | 31.13M | 31.06M | 30.98M |
| Dividend Payout Ratio | 32.29% | - | 40.11% | 40.72% | 88.08% | 58.57% | - | 58.65% | 84.5% | 85.33% | 68.06% | 44.98% | 48.3% | 101.98% | 46.76% | 63.16% | 98.26% | 777.12% | 549.89% | - |