Select Water Solutions, Inc. (WTTR) Revenue History
Annual and quarterly revenue from 2015 to 2025
Compound Annual Growth Rate (CAGR)
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WTTR Revenue Growth
Revenue Breakdown (FY 2025)
WTTR's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
WTTR Revenue Analysis (2015–2025)
As of May 8, 2026, Select Water Solutions, Inc. (WTTR) generated trailing twelve-month (TTM) revenue of $1.40 billion, reflecting slight decline in growth of -2.3% year-over-year. The most recent quarter (Q1 2026) recorded $366.0 million in revenue, up 5.6% sequentially.
Looking at the longer-term picture, WTTR's 5-year compound annual growth rate (CAGR) stands at +18.4%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $1.59 billion in 2023.
Revenue diversification analysis shows WTTR's business is primarily driven by Water Services (72%), and Water Infrastructure (28%). With over half of revenue concentrated in Water Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Utilities sector peers including NCSM (+6.5% YoY), LBRT (-4.0% YoY), and ACDC (-11.4% YoY), WTTR has underperformed the peer group in terms of revenue growth. Compare WTTR vs NCSM →
WTTR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| WTTRCurrent | $1.4B | -2.3% | +18.4% | 2.5% | |
 NCSM | $185M | +6.5% | +11.5% | 6.4% | |
 LBRT | $4.0B | -4.0% | +32.9% | 2.0% | |
 ACDC | $1.9B | -11.4% | +28.8% | -6.9% | |
 BKR | $27.7B | +0.2% | +6.0% | 12.8% | |
 SLB | $35.7B | -1.6% | +8.6% | 15.3% |
WTTR Historical Revenue Data (2015–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.41B | -3.1% | $197.1M | 14.0% | $35.8M | 2.5% |
| 2024 | $1.45B | -8.4% | $219.5M | 15.1% | $54.5M | 3.8% |
| 2023 | $1.59B | +14.3% | $231.7M | 14.6% | $61.2M | 3.9% |
| 2022 | $1.39B | +81.5% | $160.8M | 11.6% | $39.2M | 2.8% |
| 2021 | $764.6M | +26.4% | $20.9M | 2.7% | $-65,540,000 | -8.6% |
| 2020 | $605.1M | -53.2% | $-29,265,000 | -4.8% | $-394,777,000 | -65.2% |
| 2019 | $1.29B | -15.5% | $148.7M | 11.5% | $23.1M | 1.8% |
| 2018 | $1.53B | +120.8% | $198.5M | 13.0% | $61.7M | 4.0% |
| 2017 | $692.5M | +129.0% | $57.8M | 8.3% | $-29,999,000 | -4.3% |
| 2016 | $302.4M | -43.5% | $-44,128,000 | -14.6% | $-298,973,000 | -98.9% |
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Start ComparisonWTTR — Frequently Asked Questions
Quick answers to the most common questions about buying WTTR stock.
Is WTTR's revenue growth accelerating or slowing?
WTTR revenue growth slowed to -2.3%, below the 5-year CAGR of +18.4%. TTM revenue is $1.4B. The deceleration marks a shift from historical growth rates.
What is WTTR's long-term revenue growth rate?
Select Water Solutions, Inc.'s 5-year revenue CAGR of +18.4% reflects the variable expansion pattern. Current YoY growth of -2.3% is near this long-term average.
How is WTTR's revenue distributed by segment?
WTTR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2015-2025 are available for download. Segment mix reveals concentration and diversification trends.